Common use of Buyer’s Credit Clause in Contracts

Buyer’s Credit. Rapiscan’s performance under this Agreement shall at all times be subject to Rapiscan’s approval of Buyer's credit. Without limiting its other rights and remedies available under this Agreement or pursuant to law, Rapiscan shall be permitted to terminate this Agreement with immediate effect (i.e., without giving Buyer opportunity to cure such breach), in whole or in part, or to suspend the performance of Services, in whole or in part, and shall be permitted to impose such other terms and conditions or security arrangements as Rapiscan, in its sole discretion, deems appropriate to ensure full payment by Buyer for the Services.

Appears in 3 contracts

Samples: Service Terms, Service Terms and Conditions E502, Service Terms and Conditions Sx502

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Buyer’s Credit. Rapiscan’s performance under this Agreement shall at all times be subject to Rapiscan’s approval of BuyerXxxxx's credit. Without limiting its other rights and remedies available under this Agreement or pursuant to law, Rapiscan shall be permitted to terminate this Agreement with immediate effect (i.e., without giving Buyer opportunity to cure such breach), in whole or in part, or to suspend the performance of Services, in whole or in part, and shall be permitted to impose such other terms and conditions or security arrangements as Rapiscan, in its sole discretion, deems appropriate to ensure full payment by Buyer for the Services.

Appears in 2 contracts

Samples: Service Agreement, Service Terms and Conditions E502

Buyer’s Credit. Rapiscan’s performance under this Agreement shall at all times be subject to Rapiscan’s approval of Buyer's credit. Without limiting its other rights and remedies available under this Agreement or pursuant to law, Rapiscan shall be permitted to terminate this suspend deliveries (required by the terms of the Agreement with immediate effect (i.e., without giving Buyer opportunity to cure such breach), in whole or in part, or under any other agreement between Rapiscan and Buyer) and to suspend the performance of services (including the Services, in whole warranty services or in partotherwise, and whether required by the terms of this Agreement or under any other agreement between Rapiscan and Buyer) and shall be permitted to impose such other terms and conditions or security arrangements as Rapiscan, in its sole discretion, deems appropriate to ensure full payment by Buyer for the Products and Services.

Appears in 1 contract

Samples: Sales Terms and Conditions E201

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Buyer’s Credit. Rapiscan’s performance under this Agreement shall at all times be subject to Rapiscan’s approval of Buyer's credit. Without limiting its other rights and remedies available under this Agreement or pursuant to law, Rapiscan shall be permitted to terminate this suspend deliveries (required by the terms of the Agreement with immediate effect (i.e., without giving Buyer opportunity to cure such breach), in whole or in part, or under any other agreement between Rapiscan and Buyer) and to suspend the performance of performanceof services (including the Services, in whole warranty services or in partotherwise, and whether required by the terms of this Agreement or under any other agreement between Rapiscan and Buyer) and shall be permitted to impose such other terms and conditions or security arrangements as Rapiscan, in its sole discretion, deems appropriate to ensure full payment by Buyer for the Products and Services.

Appears in 1 contract

Samples: Sales Terms and Conditions I201

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