Appendices Attached Sample Clauses

Appendices Attached. Appendix A-Details of Credit Limits, Collection Limits, and Bad Debt Reserve Establishment • Appendix B - Sample Monthly Report required to the NZ Manager. • Appendix C –Operations Committee: Operating Policy and Procedures • Appendix D- Credit & Collections Committee: Operating Policy and Procedures Appendix A- Details of Credit Limits, Collection Limits, and Bad Debt Reserve Establishment Credit Limits of Authority Existing Accounts – Credit limits for existing customers as of the date of signing of the Amended sale and purchase agreement will be reviewed by the NZ Manager using the standard credit review procedures. Credit increases for existing customers greater than $250,000 shall require approval from the Credit and Collections Committee. All increases in the issuance of credit to existing accounts regardless of amount must be reported to the NZ Manager which will perform its own credit analysis and retains the right to reject any increase in credit regardless of amount. New Accounts – When an Seller wishes to accept credit risk for a new credit line for an amount greater than $250,000, approval from the Credit and Collections Committee is required. All issuances of credit to new customers regardless of amount must be reported to the NZ Manager which will perform its own credit analysis and retains the right to reject any increase regardless of amount.