Credit and Security a) From time to time during the term of this Agreement, Customer authorises Megaport to assess Customer’s creditworthiness and to communicate with credit reporting agencies about Customer’s credit status. Megaport may give these agencies information that Customer has provided to Megaport.
Credit and Security. Clause 5(a), sentence 2 is replaced by the following: Megaport may transfer information on outstanding claims to credit reporting agencies according to §28a Federal Data Protection Act (Bundesdatenschutzgesetz, BDSG).
Credit and Security. 9.1. From time to time during the Term of this Agreement, Customer authorizes Pilot to assess Customer’s creditworthiness and to communicate with credit reporting agencies and/or business partners about Customer’s credit status. Pilot may give these agencies information that Customer has provided to Pilot.
Credit and Security. 5.1.1 No security is required if the total notional dollar value of this Agreement is less than $500,000, or if Buyer determines that REC Supplier or REC Supplier’s guarantor has a credit rating or creditworthiness sufficient to provide the credit required to support this Agreement. If REC Supplier or REC Supplier’s Guarantor is not rated by a nationally recognized credit rating organization, Buyer will perform a creditworthiness assessment to determine if the REC Supplier or REC Supplier’s Guarantor will be required to post credit security.
Credit and Security. Shipments and delivery shall at times be subject to the approval by Seller of the Buyer’s credit and the Seller reserves the right, even after partial shipment or partial payment on account, to require from the Buyer satisfactory security for the due performance of the Buyer’s continuing obligations. Upon request of the Seller, the Buyer shall provide such security to the Seller as may be requested.
Credit and Security. 5.1.1 No security is required if the total notional dollar value of this Agreement is less than $500,000 or if Buyer determines that REC Supplier or REC Supplier’s guarantor has a credit rating or creditworthiness sufficient to provide the credit required to support this Agreement, and if Buyer is not subject to a disclosed special condition including, but not limited to, bankruptcy or an active legal dispute concerning the Buyer’s fulfillment of a REC transaction. If REC Supplier or REC Supplier’s Guarantor is not rated by a nationally recognized credit rating organization, Buyer will perform a creditworthiness assessment to determine if the REC Supplier or REC Supplier’s Guarantor will be required to post credit security.
Credit and Security. Pilot, in its sole discretion, will determine Customer’s eligibility to lease Hardware from Pilot. Customer authorizes Pilot to assess Customer’s creditworthiness and to communicate with credit reporting agencies and/or business partners about Customer’s credit status. Pilot may give these agencies information that Customer has provided to Pilot. Pilot may also set a credit limit or restrict Customer’s use of the Services to limit Pilot’s financial exposure. If Customer exceeds its credit limit, Pilot may restrict Customer’s ability to order new Services and/ or require payment of a deposit from Customer.
Credit and Security. In order to ensure the prompt and orderly payment of the charges to be paid by the Customer to Nipigon LNG, the Customer, or any Guarantor of Customer, will establish and maintain a status of being Creditworthy, throughout the Term. If Customer or its Guarantor fails or ceases to be Creditworthy, Customer shall, upon demand by Nipigon LNG or within ten (10) Business Days, whichever is earlier, provide Financial Security.
Credit and Security. Sales and the continued provision of Uplink Solutions to Dealer are contingent upon Dealer’s creditworthiness, as determined by Uplink and communicated to Dealer from time to time. Until payment has been made in full for any Uplink Devices ordered by Dealer directly from Uplink hereunder, Dealer grants Uplink a purchase money security interest in them and in the proceeds thereof to the extent of the balance due. At Uplink’s request, Dealer will execute documentation evidencing Uplink’s interest. Uplink may require additional security, guarantees, or modified payment terms in the event of a material adverse change in Dealer’s creditworthiness.
Credit and Security. Sales and the continued provision of Uplink/u-TRAQ Solutions to Dealer are contingent upon Dealer’s creditworthiness, as determined by Uplink and communicated to Dealer from time to time. Until payment has been made in full for any Uplink Devices or u-TRAQ Devices ordered by Dealer directly from Uplink hereunder, Dealer grants Uplink a purchase money security interest in them and in the proceeds thereof to the extent of the balance due. At Uplink’s request, Dealer will execute documentation evidencing Uplink’s interest. Uplink may require additional security, guarantees, or modified payment terms in the event of a material adverse change in Dealer’s creditworthiness.
