Common use of CREDIT USE PROCESS Clause in Contracts

CREDIT USE PROCESS. To utilize credit, a District will prepare and submit a Request for Credit form (Appendix C). Within five working days of receipt of the Request for Credit form, the Credit Administrator will notify, in writing, the applying District as to the approval or denial of credit. The Credit Administrator may request additional or clarifying information, and will make every attempt to obtain the required information and complete the request within the five-day timeframe. Fax copies of the approved Request for Credit shall be provided to the requesting party and the appropriate District Commissioner.