Purchases By Credit Card Customers. After Statesman has approved the credit of a customer in the Southern States Credit Card Program, so long as the customer pays his or her account in accordance with the terms thereof established from time to time by Statesman and otherwise complies with the terms thereof and is not bankrupt or insolvent, Statesman will extend credit to such customer up to the preapproved dollar limit for the purchase of goods and services from the Cooperative, a Local Cooperative or a Dealership.
Appears in 3 contracts
Samples: Revolving Credit Agreement (Southern States Cooperative Inc), Financing Services and Contributed Capital Agreement (Southern States Capital Trust I), Revolving Credit Agreement (Southern States Capital Trust I)
Purchases By Credit Card Customers. After Statesman has ---------------------------------- approved the credit of a customer in the Southern States Credit Card Program, so long as the customer pays his or her account in accordance with the terms thereof established from time to time by Statesman and otherwise complies with the terms thereof and is not bankrupt or insolvent, Statesman will extend credit to such customer up to the preapproved dollar limit for the purchase of goods and services from the Cooperative, a Local Cooperative or a Dealership.
Appears in 2 contracts
Samples: Financing Services and Contributed Capital Agreement (Southern States Capital Trust Ii), Financing Services and Contributed Capital Agreement (Southern States Cooperative Inc)
