Common use of Postponement of Due Date Clause in Contracts

Postponement of Due Date. The Insured shall not postpone, reschedule, extend (including by the use of payment plans), accelerate or otherwise change any Due Date without the prior written consent of the Insurer. However, in the event that a Buyer is unable or unwilling to make a payment on the original Due Date, the Insured may grant without the prior written consent of the Insurer one postponement to the Buyer for a period not exceeding the Maximum Extension Period, provided that:

Appears in 5 contracts

Samples: policyholder.gov.in, irda.gov.in, www.nexusunderwriting.com

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Postponement of Due Date. The Insured shall not postpone, reschedule, extend (including by the use of payment plans), accelerate or otherwise change any Due Date without the prior written consent of the Insurer. However, in the event that a Buyer an Obligor is unable or unwilling to make a payment on the original Due Date, the Insured may grant without the prior written consent of the Insurer one postponement to the Buyer Obligor for a period not exceeding the Maximum Extension Period, provided that:

Appears in 2 contracts

Samples: www.nexusunderwriting.com, www.nexusunderwriting.com

Postponement of Due Date. The Insured shall not postpone, reschedule, extend (including by the use of payment plans), accelerate or otherwise change any Due Date without the prior written consent of the Insurer. However, in the event that a Buyer an Obligor is unable or unwilling to make a payment on the original Due Date, the Insured may grant without the prior written consent of the Insurer one postponement to the Buyer Obligor for a period not exceeding the Maximum Extension Period, provided that:: SPECIMEN

Appears in 1 contract

Samples: www.nexusunderwriting.com

Postponement of Due Date. The Insured shall not postpone, reschedule, extend (including by the use of payment plans), accelerate or otherwise change any Due Date without the prior written consent of the Insurer. However, in the event that a Buyer an Obligor is unable or unwilling to make a payment delivery on the original Due Date, the Insured may grant without the prior written consent of the Insurer one postponement to the Buyer Obligor for a period not exceeding the Maximum Extension Period, provided that:

Appears in 1 contract

Samples: www.nexusunderwriting.com

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Postponement of Due Date. The Insured shall not postpone, reschedule, extend (including by the use of payment plans), accelerate or otherwise change any Due Date without the prior written consent of the Insurer. SPECIMEN However, in the event that a Buyer an Obligor is unable or unwilling to make a payment on the original Due Date, the Insured may grant without the prior written consent of the Insurer one postponement to the Buyer Obligor for a period not exceeding the Maximum Extension Period, provided that:

Appears in 1 contract

Samples: www.nexusunderwriting.com

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