Common use of Notification and duration of our Credit Decision Clause in Contracts

Notification and duration of our Credit Decision. Upon your request for a Credit Decision, We shall notify You of either a Positive Credit Decision or a Refusal. Our Credit Decisions shall take effect as follows: • in case of a new Positive Credit Decision other than a Reduction (including the case of a Positive Credit Decision which increases the amount of a previous Positive Credit Decision), such new Positive Credit Decision shall take retroactive effect 60 days before its notice, provided that at the date of your request You have no Overdue Account exceeding 60 days from the Due Date or Adverse information. Such new Positive Credit decision shall replace any Credit decision in force during the retroactive period and may not be accumulated with any prior Credit Decision. In case of retroactive Credit Decision, You shall make sure that You include in your activity declaration Debts arising during the retroactive period pursuant to article 6.1 below. If the conditions for retroactivity are not met, the Positive Credit Decision shall take effect at the date of your request. • in case of Reduction, Refusal or Cancellation, such Credit Decision shall take effect on the date of notice. In that case: o Deliveries made to a Buyer after notice of Reduction shall only be covered to the extent that the Outstanding does not exceed, the value of the new Credit Decision. o Deliveries made to a Buyer after notice of Refusal or Cancellation shall not be covered. We may at any time revise our Credit Decision in respect of a Buyer and notify You of a Reduction, a Cancellation or any new condition or restriction applicable to our Credit Decision it being agreed that any Debt validly covered before such new Credit Decision remains covered.

Notification and duration of our Credit Decision. Upon your request for a Credit Decision, We shall notify You of either a Positive Credit Decision or a Refusal. Our Credit Decisions shall take effect as follows: • - in case of a new Positive Credit Decision other than a Reduction (including the case of a Positive Credit Decision which increases the amount of a previous Positive Credit Decision), such new Positive Credit Decision shall take retroactive effect retroactively 60 days before its notice, provided that at the date of your request You have no Overdue Account exceeding 60 days from the Due Date or Adverse information. Such new Positive Credit decision shall replace any Credit decision in force during the retroactive period and may not be accumulated cumulated with any prior Credit Decision. In case of retroactive Credit Decision, You shall make sure that You include in your activity declaration your Debts arising arisen during the retroactive period pursuant to article 6.1 below. If the conditions for retroactivity are not met, the Positive Credit Decision shall take effect at the date of your request. • - in case of Reduction, Refusal or Cancellation, such Credit Decision shall take effect on the date of its notice. In that case: o  Deliveries made to a Buyer after notice of Reduction shall only be covered to the extent that the Outstanding does not exceed, the value of the new Credit Decision. o  Deliveries made to a Buyer after notice of Refusal or Cancellation shall not be covered. We may at any time revise our Credit Decision in respect of a Buyer and notify You of a Reduction, a Cancellation or any new condition conditions or restriction restrictions applicable to our Credit Decision it being agreed that any Debt validly covered before such new Credit Decision remains remain covered.

Notification and duration of our Credit Decision. Upon your request for a Credit Decision, We shall notify You of either a Positive Credit Decision or a Refusal. Our Credit Decisions shall take effect as follows: • - in case of a new Positive Credit Decision other than a Reduction (including the case of a Positive Credit Decision which increases the amount of a previous Positive Credit Decision), such new Positive Credit Decision shall take retroactive effect retroactively 60 days before its notice, provided that at the date of your request You have no Overdue Account exceeding 60 days from the Due Date or Adverse information. Such new Positive Credit decision shall replace any Credit decision in force during the retroactive period and may not be accumulated cumulated with any prior Credit Decision. In case of retroactive Credit Decision, You shall make sure that You include in your activity declaration your Debts arising arisen during the retroactive period pursuant to article 6.1 below. If the conditions for retroactivity are not met, the Positive Credit Decision shall take effect at the date of your request. • - in case of Reduction, Refusal or Cancellation, such Credit Decision shall take effect on the date of its notice. In that case: o  Deliveries made to a Buyer after notice of Reduction shall only be covered to the extent that the Outstanding does not exceed, the value of the new Credit Decision. o  Deliveries made to a Buyer after notice of Refusal or Cancellation shall not be covered. We may at any time revise our Credit Decision in respect of a Buyer and notify You of a Reduction, a Cancellation or any new condition conditions or restriction restrictions applicable to our Credit Decision it being agreed that any Debt validly covered before such new Credit Decision remains remain covered.

Notification and duration of our Credit Decision. Upon your request for a Credit Decision, We shall notify You of either a Positive Credit Decision or a Refusal. Our Credit Decisions shall take effect as follows: •  in case of a new Positive Credit Decision other than a Reduction (including the case of a Positive Credit Decision which increases the amount of a previous Positive Credit Decision), such new Positive Credit Decision shall take retroactive effect 60 days before its notice, provided that at the date of your request You have no Overdue Account exceeding 60 days from the Due Date or Adverse information. Such new Positive Credit decision shall replace any Credit decision in force during the retroactive period and may not be accumulated with any prior Credit Decision. In case of retroactive Credit Decision, You shall make sure that You include in your activity declaration Debts arising during the retroactive period pursuant to article 6.1 below. If the conditions for retroactivity are not met, the Positive Credit Decision shall take effect at the date of your request. •  in case of Reduction, Refusal or Cancellation, such Credit Decision shall take effect on the date of notice. In that case: o Deliveries made to a Buyer after notice of Reduction shall only be covered to the extent that the Outstanding does not exceed, the value of the new Credit Decision. o Deliveries made to a Buyer after notice of Refusal or Cancellation shall not be covered. We may at any time revise our Credit Decision in respect of a Buyer and notify You of a Reduction, a Cancellation or any new condition or restriction applicable to our Credit Decision it being agreed that any Debt validly covered before such new Credit Decision remains covered.

Notification and duration of our Credit Decision. Upon your request for a Credit Decision, We shall notify You of either a Positive Credit Decision or a Refusal. Our Credit Decisions shall take effect as follows: • - in case of a new Positive Credit Decision other than a Reduction (including the case of a Positive Credit Decision which increases the amount of a previous Positive Credit Decision), such new Positive Credit Decision shall take retroactive effect 60 days before its notice, provided that at the date of your request You have no Overdue Account exceeding 60 days from the Due Date or Adverse information. Such new Positive Credit decision shall replace any Credit decision in force during the retroactive period and may not be accumulated with any prior Credit Decision. In case of retroactive Credit Decision, You shall make sure that You include in your activity declaration Debts arising during the retroactive period pursuant to article 6.1 below. If the conditions for retroactivity are not met, the Positive Credit Decision shall take effect at the date of your request. • > in case of Reduction, Refusal or Cancellation, such Credit Decision shall take effect on the date of notice. In that case: o • Deliveries made to a Buyer after notice of Reduction shall only be covered to the extent that the Outstanding does not exceed, exceed the value of the new Credit Decision. o • Deliveries made to a Buyer after notice of Refusal or Cancellation shall not be covered. We may at any time revise our Credit Decision in respect of a Buyer and notify You of a Reduction, a Cancellation or any new condition or restriction applicable to our Credit Decision Decision, it being agreed that any Debt validly covered before such new Credit Decision remains covered.