Common use of Materiality of Creditworthiness Clause in Contracts

Materiality of Creditworthiness. The Supplier’s creditworthiness, the satisfactory nature of any alternative arrangements that may be made hereunder, and the Supplier’s duty to keep the Company informed of developments that may be material to its creditworthiness or to the adequacy of any alternative arrangements in place are all material terms of this Agreement. Creditworthiness or satisfactory alternative arrangements must be maintained on an ongoing basis throughout the term of this Agreement.

Materiality of Creditworthiness. The Supplier’s creditworthiness, the satisfactory nature of any alternative arrangements that may be made hereunder, and the Supplier’s duty to keep the Company RECO informed of developments that may be material to its creditworthiness or to the adequacy of any alternative arrangements in place are all material terms of this Agreement. Creditworthiness or satisfactory alternative arrangements must be maintained on an ongoing basis throughout the term of this Agreement.