Terms of Trade. The Company has not made or permitted and will not make or permit any change to any of its product lines or to the terms or conditions of any agency held by the Company or to the selling prices or terms and conditions of sale of any products or services of the Company;
Terms of Trade. The Company has not given any guarantee or warranty (other than any implied by law) or made any representation in respect of any product or services sold or supplied by it nor has it accepted any liability to service, maintain, repair or otherwise do or refrain from doing anything in relation to such goods or services after they have been sold or supplied by it except for those contained in its standard conditions of trading, complete and accurate copies of which are contained in the Disclosure Letter.
Terms of Trade. 8.1 The Company grants thirty (30) days from the end of the month in which the Certificate of insurance incepted for premiums to be remitted to the Company, net of the Broker’s Commission (“Terms of Credit”).
8.2 The Company’s Certificates of insurance contain a premium payment warranty and the failure to settle each item of the account within the prescribed period will render those Certificates for which the premium has not been paid void.
8.3 The Company will be responsible for the preparation of a Statement of Account (which may be in written or electronic form). The Company’s Statement of Account will be the definitive basis of accounting transactions between the Company and the Broker.
8.4 The Statement of Account will be rendered by the Company to the Broker on a monthly basis. Payment of all monies due to the Company net of Commission must be received without set off or deduction (other than permitted deduction of Commission) by the Company in cleared funds within the Terms of Credit or as otherwise agreed in writing between the Broker and the Company. If payment is made via a guarantee provider the Company will require full payment inclusive of all commissions without set off or deduction and the Company will pay the Broker’s commission element of the premium upon receipt of full payment unless otherwise agreed.
8.5 For the avoidance of doubt, the Broker’s obligations will be unaffected by:
8.5.1 any arrangement whereby the Broker has allowed credit to the Client;
8.5.2 any delay in crediting the Company with monies received or due from the Client because of delays within the Broker’s accounting system.
Terms of Trade. 20.1 Thirty days from the end of the month in which the inception, renewal or amendment date of any Insurance Business transaction falls.
Terms of Trade. ▪ For all goods and services provided, and unless otherwise agreed in writing, payment in full is required within 7 days from the date of invoice.
Terms of Trade. These Terms apply in respect of every supply of Goods by Seller or any Related Company of Seller to Customer or any Customer’s Representative, and are deemed incorporated in each Contract.
Terms of Trade. 7.1 Terms of Credit for payment of premiums may be specified in Schedule A which are otherwise due within 30 days of the date of the Company’s invoice or debit note. All premiums must be remitted to the Company in accordance with Terms of Credit applicable in each case in settled funds in the currency of the premium due.
7.2 The Company’s Certificates of insurance or debit notes may contain a premium payment warranty and the failure to settle amounts due in full within the prescribed period will render those insurances void.
7.3 Payment of all monies due must be made without set off or deduction (other than permitted deduction of Commission) to the Company in cleared funds.
7.4 For the avoidance of doubt, the Broker’s obligations will be unaffected by:
7.4.1 any arrangement whereby the Broker has allowed credit to the Client;
7.4.2 any delay in crediting the Company with monies received or due from the Client because of delays within the Broker’s accounting system.
7.5 Without prejudice to the Broker’s responsibility to collect and pay premiums to the Company within the terms of credit, the Broker will keep the Company informed of any premium financing arrangements
Terms of Trade. I/We the Customer acknowledge that my right to undisturbed possession of the Building Work is subject to full payment under this Agreement and any other costs and charges as stipulated in the Terms of Trade and, by my signature, I acknowledge such provisions and my understanding of the full effects and implications of these Terms of Trade.
Terms of Trade. 5.1 No substantial customer or supplier of any Group Company (being a customer or supplier which accounts for five per cent. (5%) or more of such Group Company’s annual custom or supply, as the case may be) has during the twelve (12) months immediately preceding the date of this Agreement ceased, reduced or indicated an intention to cease or reduce, changed the terms of or indicated an intention to change the terms of, its trading with or supplying to such Group Company.
5.2 No Group Company carries on business under any name other than its own corporate name.
5.3 No Group Company has offered price reductions, discounts or allowances on leases or services or provided any leases or services at less than cost.
Terms of Trade. This Agreement is subject to the Trader’s Terms of Trade (available online at the date of this Agreement). In the event of any inconsistency between this Agreement and the Terms of Trade, this Agreement prevails to the extent of the inconsistency.
