Examples of Approved Credit in a sentence
The Company at its discretion may deem appropriate, from time to time, other forms of security other than a Performance Bond with an Approved Credit Rating.
If you attempt to make a deposit that would cause the balance of your Collateral Account to exceed your Approved Credit Limit, we may reject that deposit.
You may, subject to applicable Law and the Operating Regulations: (i) impose a surcharge, under certain conditions and with proper notification to a Cardholder who elects to use an Approved Credit Card (but not an Approved Debit Card) in lieu of payment by cash, check or other mode of payment; or, (ii) You may offer a discount or incentive to Your customers making payment by a preferred method.
Approved Credit Referencing Agency means Xxxxx’x Investors Service or Standard and Poor’s Ratings Group or such replacement agency as may be notified by the Authority from time to time for the purposes of this Schedule.
You must fund your Collateral Account (make a deposit to it) within sixty (60) days after we notify you of your Approved Credit Limit or we will not finalize the approval of your application and you would need to reapply for the Credit Account if you still want the Credit Account.
You may make deposits to your Collateral Account at any time, up to your Approved Credit Limit, subject to the limits at participating retailers stated below.
Subject to Clauses 4.3 and 4.4, the Service Provider shall give at least ten Business Days’ noticeprocure the execution and delivery by a bond provider with an Approved Credit Rating to the Company of its intention to carry out planned maintenance.
In no event shall the liability of Ex-Im Bank hereunder with respect to any Approved Credit established for any Transaction exceed the sum of the Comprehensive Guaranteed Amount and the Political Risk Guaranteed Amount for such Approved Credit.
For the avoidance of any doubt, the Lender and Ex- Im Bank each acknowledges and agrees that pursuant to Section 9.07, the Lender shall indemnify Ex-Im Bank for all actual damages and costs suffered by Ex-Im Bank as a result of any failure by the Lender to comply with any of its obligations under this Section 2.08 but any such failure shall in no way affect the binding nature of any Guarantee issued with respect to the relevant Approved Credit.
Each of the conditions precedent to first Utilization set forth in the Delegated Authority Notice with respect to such Approved Credit, if any, shall be fully satisfied or waived by both the Person bound by such condition and the Person benefiting from such condition.