Common use of REPAYMENT TERMS OFFERED ON CREDIT SALES Clause in Contracts

REPAYMENT TERMS OFFERED ON CREDIT SALES. The Cooperative agrees to provide Statesman with a comprehensive list of all credit repayment plans (the "Repayment Terms") which it plans to offer to Cooperative Wholesale Account customers. Statesman will review the Repayment Terms to be offered prior to their implementation by the Cooperative and will advise the Cooperative of its acceptance of the proposed Repayment Terms. Statesman will purchase only those invoices which are in conformity with the preestablished Repayment Terms which have been approved by Statesman. The Cooperative will not make any changes in the Repayment Terms offered to the Wholesale Account customers without first obtaining Statesman's written approval. The requested credit line, anticipated sales volume, financial information, credit application and any other information which Statesman in its sole discretion may request shall be obtained by the Cooperative, and each and every sale to Wholesale Accounts shall be made only in accordance with the Statesman approved Repayment Terms and the Statesman Approval, which may be withdrawn at any time before actual delivery of merchandise or rendition of services to the customer.

REPAYMENT TERMS OFFERED ON CREDIT SALES. The Cooperative --------------------------------------- agrees to provide Statesman with a comprehensive list of all credit repayment plans (the "Repayment Terms") which it plans to offer to Cooperative Wholesale Account customers. Statesman will review the Repayment Terms to be offered prior to their implementation by the Cooperative and will advise the Cooperative of its acceptance of the proposed Repayment Terms. Statesman will purchase only those invoices which are in conformity with the preestablished Repayment Terms which have been approved by Statesman. The Cooperative will not make any changes in the Repayment Terms offered to the Wholesale Account customers without first obtaining Statesman's written approval. The requested credit line, anticipated sales volume, financial information, credit application and any other information which Statesman in its sole discretion may request shall be obtained by the Cooperative, and each and every sale to Wholesale Accounts shall be made only in accordance with the Statesman approved Repayment Terms and the Statesman Approval, which may be withdrawn at any time before actual delivery of merchandise or rendition of services to the customer.

REPAYMENT TERMS OFFERED ON CREDIT SALES. The Cooperative agrees to provide Statesman with a comprehensive list of all credit repayment plans (the "Repayment Terms") which it plans to offer to Cooperative Wholesale Account customers. Statesman will review the Repayment Terms to be offered prior to their implementation by the Cooperative and will advise the Cooperative of its acceptance of the proposed Repayment Terms. Statesman will purchase only those invoices which are in conformity with the preestablished Repayment Terms which have been approved by Statesman. The Cooperative will not make any changes in the Repayment Terms offered to the Wholesale Account customers without first obtaining Statesman's written approval. The requested credit line, anticipated sales volume, financial information, credit application and any other information which Statesman in its sole discretion may request shall be obtained by the Cooperative, Cooperative and each and every sale to Wholesale Accounts shall be made only in accordance with the Statesman approved Repayment Terms and the Statesman Approval, which may be withdrawn at any time before actual delivery of merchandise or rendition of services to the customer.