Credit Status. Each Order placed with Vivial constitutes Reseller's representation and warranty that Reseller has the financial ability to pay for the Order in accordance with the terms of the Agreement. Reseller shall furnish Vivial with such statements accurately and fairly evidencing Reseller's financial condition as Vivial may, from time to time, reasonably request. Reseller shall notify Vivial immediately of any and all events that have had or may have a material adverse effect on Reseller's business or financial condition, including any change in management, sale, lease or exchange of a material portion of Reseller's assets, a change of control or ownership, or breach of any loan covenants or other material obligations of Reseller to its lenders. If, at any time, Vivial determines in its sole but reasonable discretion that Reseller's financial condition or creditworthiness is inadequate or unsatisfactory, then in addition to Vivial’s other rights under the Agreement, at law or in equity, Vivial may without liability or penalty, take any of the following actions: (a) require cash in advance or a cash deposit equal to up to three (3) months’ anticipated charges; (b) reject any Order received from Reseller; (c) cancel any previously accepted Orders; (d) delay any further provision of Vivial Services to Reseller; (e) terminate the Agreement; and/or (g) accelerate the due date of all amounts owing by Reseller to Vivial. No actions taken by Vivial under this Section nor any failure of Vivial to act under this Section shall constitute a waiver by Vivial of any of its rights to enforce Reseller's obligations under the Agreement, including, without limitation, the obligation of Reseller to make payments as required under the Agreement.
Credit Status. SFPP, at its sole discretion, may require CUSTOMER to secure its obligation under this Agreement by mutually acceptable collateral. SFPP may periodically review CUSTOMER's credit status and payment record and may request copies of CUSTOMER's most recent financial statements, which CUSTOMER shall promptly supply. SFPP may alter CUSTOMER's credit status and require prepayment, a letter of credit, and/or a parent company guarantee.
Credit Status. GrabOne will have the right to review its payment arrangements with the Merchant in the event that in the reasonable opinion of GrabOne the credit status of the Merchant has changed. GrabOne will notify the Merchant of any such changes.
Credit Status. 8.1 The Supplier reserves the right to require payment on account of Charges before making any component(s) of the Service available to the Customer.
Credit Status. You agree that theBetterGrid has the right to periodically check your consumer credit report. theBetterGrid may report information about your performance under this Agreement to consumer reporting agencies. Late payments, missed payments or other defaults hereunder may be reflected in your credit report.
Credit Status. 2.1 The agreement is subject to Input being satisfied as to the customers’ credit status.
