Common use of Purpose of Credit Clause in Contracts

Purpose of Credit. The Applicant acknowledges and agrees that the credit to be provided to the Applicant by the Supplier is to be applied wholly or predominantly for commercial purposes.

Appears in 3 contracts

Samples: Terms and Conditions, Credit Application & Security Agreement, Payment Terms Agreement

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Purpose of Credit. The Applicant Customer acknowledges and agrees that the any credit to be provided to the Applicant Customer by the Supplier is to be applied wholly or predominantly for commercial purposes.

Appears in 2 contracts

Samples: Terms of Trade, Terms of Trade

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Purpose of Credit. The Applicant Customer acknowledges and agrees that the any credit to be provided to the Applicant Customer by the Supplier is to be applied wholly or predominantly for commercial business purposes.

Appears in 1 contract

Samples: Terms and Conditions

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