Customary Due Diligence definition

Customary Due Diligence means due diligence carried out by the Information Holders in accordance with the Policyholder’s usual practice and procedure for transactions similar to an Export Contract and associated Facility Agreement that are held uninsured and unhedged and, for the avoidance of doubt, does not require the Information Holders to make enquiries of any other departments in the Policyholder if to do so is not the Policyholder's usual practice and procedure.
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Customary Due Diligence means due diligence in accordance with the Policyholder's usual practice and procedure for transactions similar to that undertaken hereunder that are uninsured and unhedged.
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Customary Due Diligence means due diligence of a standard that would be expected of an experienced exporter in the Insured’s Country.
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Examples of Customary Due Diligence in a sentence

  • Are all customer contracts binding, and do they all relate to the specific amounts of revenue indicated by the seller?ACC Docket 40 September 2011 Twenty-FiveItems to Enhance the Customary Due Diligence Request List 1.

Related to Customary Due Diligence

  • Customary Servicing Practices means the customary servicing practices of the Servicer or any Sub-Servicer with respect to all comparable motor vehicle receivables that the Servicer or such Sub-Servicer, as applicable, services for itself and others, as such customary servicing practices may be changed from time to time, it being understood that the Servicer and the Sub-Servicers may not have the same “Customary Servicing Practices.”