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 9 contracts
Samples: Trade Credit Insurance Agreement, Trade Credit Insurance Agreement, Single Buyer Contract
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 5 contracts
Samples: Insurance Contract, Insurance Agreement, Commercial Contract
Protracted Default. failure 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: Credit Insurance Policy
