Common use of Credit Facilities Clause in Contracts

Credit Facilities. Credit facilities may be granted to applicants who complete the Seller’s Credit Account Application Form and who satisfy the Seller’s criteria as set out from time to time. Where facilities are granted the Seller reserves the right to withdraw them at any time, without having to give their reasons and, in such a case, all outstanding invoices become due and payable immediately.

Appears in 23 contracts

Sources: Terms of Business, Terms and Conditions, Standard Conditions of Contract

Credit Facilities. Credit facilities may be granted to applicants who complete the SellerSupplier’s Credit Account Application Form and who satisfy the SellerSupplier’s criteria as set out from time to time. Where facilities are granted the Seller Supplier reserves the right to withdraw them at any time, without having to give their reasons and, in such a case, all outstanding invoices become due and payable immediately.

Appears in 6 contracts

Sources: Credit Facility Agreement, Terms and Conditions, Credit Facility Agreement

Credit Facilities. a. Credit facilities may be granted to applicants who complete the SellerSupplier’s Credit Account Application Form and who satisfy the SellerSupplier’s criteria as set out from time to time. Where facilities are granted the Seller Supplier reserves the right to withdraw them at any time, without having to give their reasons and, in such a case, all outstanding invoices become due and payable immediatelyimmed ia tely.

Appears in 1 contract

Sources: Standard Terms & Conditions