Common use of Review of creditworthiness Clause in Contracts

Review of creditworthiness. If: (a) the Multiplex Licensee, acting reasonably and in good faith, does not consider that the Access Seeker is creditworthy following its review of the information provided pursuant to clause 3.2; or (b) the Access Seeker fails to provide the Multiplex Licensee with the information requested pursuant to clause 3.2, the Multiplex Licensee may request that the Access Seeker provide Financial Security for an amount that meets the Multiplex Licensee’s reasonable financial security requirements in accordance with clause 14.

Review of creditworthiness. If: (a) the Multiplex Licensee, acting reasonably and in good faith, does not consider that the Access Seeker is creditworthy following its review of the information provided pursuant to clause 3.2; or (b) the Access Seeker fails to provide the Multiplex Licensee with the information requested pursuant to clause 3.2, the Multiplex Licensee may request that the Access Seeker provide Financial Security for an amount that meets the Multiplex Licensee’s reasonable financial security requirements in accordance with clause 14requirements.