TERMS AND CONDITIONS OF CREDIT Sample Clauses

TERMS AND CONDITIONS OF CREDIT. Parties. As used herein “Seller” shall mean Home Depot U.S.A., Inc. d/b/a The Home Depot Pro and its affiliates, subsidiaries and divisions and “Purchaser” shall mean the Applicant (Purchaser) listed on page 1. Entire Agreement. This Credit Application and Purchase Agreement together with Seller’s Terms and Conditions, as set forth in Sellers catalogs and on Seller’s website and Seller’s purchase order and invoice, which are incorporated herein by this reference (collectively, “Terms”) represent the entire agreement between the Parties and apply to all transactions between the Parties. Pricing. Seller’s quotation prices are subject to change without notice. Quotations are void unless accepted within 24 hours of the date of issuance for products driven by market commodities and within 30 days of the date of issuance for all other products. Prices do not include any sales, excise or other tax or charge payable by Seller to any governmental authority. Any taxes now or thereafter imposed upon sales of shipments will be added to the purchase price. Xxxxxxxxx agrees to reimburse Seller for any such tax or to provide Seller with an acceptable tax exemption certificate.
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TERMS AND CONDITIONS OF CREDIT. This is an application and agreement for credit and shall apply to any and all credit extended by Maslack Group of Companies. The credit applicant understands and agrees to the following terms and conditions of sale:
TERMS AND CONDITIONS OF CREDIT. The Customer agrees that all Third Party charges i.e. I.D.F. fee, Duty, VAT Customs Duty charges, taxes, cost of goods, warehousing and terminal handling charges, demurrages and storage charges and other outlays shall be paid in advance, prior to the customer receiving the goods and/or the shipping documents.
TERMS AND CONDITIONS OF CREDIT. This is part of the Application and Agreement for credit and shall apply to any and all credit extended by Kent Petroleum Limited. The credit applicant understands and agrees to the following terms and conditions of sale:
TERMS AND CONDITIONS OF CREDIT. This Application and Agreement for credit shall apply to any and all credit extended by L-K Metal Products Co. Limited. The credit applicant understands and agrees to the following terms and conditions of sale:
TERMS AND CONDITIONS OF CREDIT. 2.1 The granting of Credit Facilities and the extent of the Credit Limit is at the sole and absolute discretion of FFB. Should FFB grant the Customer a Credit Facility it shall notify the Customer in writing that credit has been granted and the extent of the Credit Limit. 2.2 Notwithstanding anything to the contrary contained in this Agreement, FFB shall be entitled to reduce the Credit Limit and/or withdraw any Credit Facilities granted to the Customer, at any time, by giving the Customer seven (7) days written notice to this effect. A Customer shall be entitled to require FFB to reduce the Credit Limit and/or withdraw any Credit Facilities granted to it, by giving FFB written notice to that effect.
TERMS AND CONDITIONS OF CREDIT. Section 2.01. Advances and Letters of Credit Section 2.02. Procedures (a) Notice for Advances (b) Notice for Letters of Credit (c) Certain Limitations (d) Notices Irrevocable (e) Note (f) Reimbursement Obligations Section 2.03. Fees (a) Commitment Fee (b) Administrative Fee (c) Letter of Credit Fees Section 2.04. Reduction of the Commitments Section 2.05. Repayment Section 2.06. Interest (a) Base Rate Advances (b) Eurodollar Rate Advances Section 2.07. Prepayments (a) Right to Prepay (b) Optional (c) Mandatory (d) Illegality (e) Notice Section 2.08. Increased Costs and Capital (a) Change of Law (b) Capital Adequacy Section 2.09. Payments and Computations (a) Payment Procedures (b) Computations (c) Non-Business Day Payments Section 2.10. Taxes (a) No Deduction for Certain Taxes (b) Other Taxes (c) Indemnification (d) Evidence of Tax Payments (e) Survival of Obligations Section 2.12. Limited Liability of the Bank (a) Notice of Bank's Duties (b) No Duty to Inquire Section 2.13. Security (a) Collateral Pledge (b) Collateral After the Termination Date (c) Further Assurances Section 2.14 Compliance with Margin Regulations
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TERMS AND CONDITIONS OF CREDIT. Section 2.01 Advances Section 2.02 Method of Borrowing (a) Notice (b) Conversions and Continuations (c) Certain Limitations (d) Notices Irrevocable (e) Agent Reliance (f) Bank Obligations Several (g) Notes Section 2.03. Fees (a) Commitment Fees (b) Administrative Agent Fee (c) Letter of Credit Fees Section 2.04. Reduction of the Commitments Section 2.05. Repayment of Advances Section 2.06. Interest (a) Base Rate Advances (b) Eurodollar Rate Advances (c) Usury Recapture (d) Other Amounts Overdue Section 2.07. Prepayments (a) Right to Prepay (b) Optional (c) Mandatory (d) Ratable Payments (e) Notice and Effect of Notice Section 2.

Related to TERMS AND CONDITIONS OF CREDIT

  • Conditions to All Extensions of Credit The obligation of each Lender to make any Extension of Credit hereunder is subject to the satisfaction of the following conditions precedent on the date of making such Extension of Credit:

  • Conditions to All Loans and Letters of Credit The obligations of the Lenders to make any Loan or issue any Letter of Credit is subject to the satisfaction of the following conditions precedent on the relevant borrowing or issue date, as applicable:

  • CONDITIONS TO LOANS AND LETTERS OF CREDIT The obligations of Lenders to make Loans and the issuance of Letters of Credit hereunder are subject to the satisfaction of the following conditions.

  • Conditions to Initial Extensions of Credit The agreement of each Lender to make the initial extension of credit requested to be made by it is subject to the satisfaction, immediately prior to or concurrently with the making of such extension of credit on the Closing Date, of the following conditions precedent:

  • Terms and Conditions of Use NASCAR shall have the right to use and sublicense PROMOTER’s Marks in connection with publicity, promotion or advertising of the Event and the NASCAR Sprint Cup Series, and the exploitation of Live Broadcast Rights and Ancillary Rights, provided, however, that NASCAR shall not, without the prior written consent of PROMOTER, use or sublicense the use of PROMOTER’s Marks on the branding of any retail package product, unless otherwise expressly permitted in this Agreement.

  • Conditions to Letters of Credit The issuance of any Letter of Credit hereunder (whether or not the applicable Issuing Lender is obligated to issue such Letter of Credit) is subject to the following conditions precedent: A. On or before the date of issuance of the initial Letter of Credit pursuant to this Agreement, the initial Loans shall have been made. B. On or before the date of issuance of such Letter of Credit, Administrative Agent shall have received, in accordance with the provisions of subsection 3.1B(i), an originally executed Notice of Issuance of Letter of Credit, in each case signed by the chief executive officer, the chief financial officer or the treasurer of Company or by any executive officer of Company designated by any of the above-described officers on behalf of Company in a writing delivered to Administrative Agent, together with all other information specified in subsection 3.1B(i) and such other documents or information as the applicable Issuing Lender may reasonably require in connection with the issuance of such Letter of Credit. C. On the date of issuance of such Letter of Credit, all conditions precedent described in subsection 4.2B shall be satisfied to the same extent as if the issuance of such Letter of Credit were the making of a Loan and the date of issuance of such Letter of Credit were a Funding Date.

  • CONDITIONS OF EACH EXTENSION OF CREDIT The obligation of Bank to make each extension of credit requested by Borrower hereunder shall be subject to the fulfillment to Bank's satisfaction of each of the following conditions:

  • TERMS AND CONDITIONS OF THE NOTES The Notes shall be governed by all the terms and conditions of the Indenture, as supplemented by this First Supplemental Indenture. In particular, the following provisions shall be terms of the Notes:

  • CONDITIONS OF INITIAL EXTENSION OF CREDIT The obligation of Bank to extend any credit contemplated by this Agreement is subject to the fulfillment to Bank's satisfaction of all of the following conditions:

  • Terms and Conditions of the Offer Provided that this Agreement shall not have been terminated pursuant to Article X and that none of the events or circumstances set forth in clauses (C)(1) or (C)(4) of Annex A shall have occurred and be existing (and shall not have been waived by Parent), as promptly as practicable after the date hereof (but in no event more than ten Business Days thereafter), Acquisition Sub shall (and Parent shall cause Acquisition Sub to) commence (within the meaning of Rule 14d-2 promulgated under the Exchange Act) the Offer to purchase any and all of the Company Shares at a price per Company Share, subject to the terms of Section 2.1(c), equal to the Offer Price, provided that Parent and Acquisition Sub shall not be required to commence, or cause to be commenced, the Offer prior to the date on which the Company is prepared to file the Schedule 14D-9. The Offer shall be made by means of an offer to purchase all outstanding Company Shares (the “Offer to Purchase”) that is disseminated to all of the Company Stockholders and contains the terms and conditions set forth in this Agreement and in Annex A. Each of Parent and Acquisition Sub shall use its reasonable best efforts to consummate the Offer, subject to the terms and conditions hereof and thereof. The Offer shall be subject only to: (i) the condition (the “Minimum Condition”) that, prior to the expiration of the Offer, there be validly tendered and not withdrawn in accordance with the terms of the Offer a number of Company Shares that, together with the Company Shares then owned by Parent and Acquisition Sub (if any), represents at least a majority of all then outstanding Company Shares on a fully diluted basis, assuming the issuance of all Company Shares that may be issued upon the vesting, conversion or exercise of all outstanding options, warrants, convertible or exchangeable securities and similar rights that are then, or then scheduled to become, exercisable within ninety (90) days following the then scheduled expiration of the Offer in accordance with the terms and conditions thereof (other than the Top-Up Option); and (ii) the other conditions set forth in Annex A.

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