Positive Credit Decision. Credit Decision which is not a Refusal or a Cancellation including Credit Decision We grant partially compared to the requested amount. Private Individual: a person who buys goods or services for a purpose other than the purpose of his professional activity. Protracted Default: failure of the Buyer to fully pay the Debt at the expiration of the waiting period, provided that such failure is not due to Insolvency, a Political Event or a Natural Disaster.
Appears in 2 contracts
Samples: Insurance Contract, Contract for Non Payment Risk Coverage
Positive Credit Decision. Credit Decision which is not a Refusal or a Cancellation including Credit Decision We grant partially compared to the requested amount. Private Individual: a person who buys goods or services for a purpose other than the purpose of his professional activity. Protracted Default: failure of the Buyer to fully pay the Debt at the expiration of the waiting period, provided that such failure is not due to Insolvency, a Political Event or a Natural Disaster.. 13 Definitions Definitions
Appears in 1 contract
Samples: Insurance Contract
Positive Credit Decision. Credit Decision which is not a Refusal or a Cancellation including Credit Decision We grant partially compared to the requested amount. Private Individual: a person who buys goods or services for a purpose other than the purpose of his professional activity. Protracted Default: failure of the Buyer to fully pay the Debt at the expiration of the waiting period, provided that such failure is not due to Insolvency, a Political Event or a Natural Disaster.
Appears in 1 contract
Samples: Trade Credit Insurance Agreement
Positive Credit Decision. Credit Decision which is not a Refusal or a Cancellation including Credit Decision We grant partially compared to the requested amount. Private Individual: a person who buys goods or services for a purpose other than the purpose of his professional activity. Protracted Default: failure of the Buyer to pay fully pay the Debt at the expiration of the waiting period, provided that such failure is not due to Insolvency, a Political Event or a Natural Disaster.
Appears in 1 contract
Samples: Insurance Agreement