Common use of Positive Credit Decision Clause in Contracts

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

AutoNDA by SimpleDocs

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

AutoNDA by SimpleDocs

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

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!