Creditworthiness Sample Clauses

Creditworthiness. 16.1 We may conduct a credit assessment on you by obtaining a credit check of your credit history and to using any other information we are permitted by law to use to establish your creditworthiness. 16.2 You consent to us disclosing your information to a credit reporting agency to obtain a consumer credit report about you if you have applied for consumer or commercial credit. 16.3 If we incur any legal or other costs in recovering debt from you, we may pass those costs on to you. 16.4 We may lodge a credit default listing against you, providing: a) that we have notified you in writing that we intend to do so, and b) that more than 60 days has lapsed since the due date for any outstanding amounts.

Creditworthiness. All Transmission Customers and applicants seeking to become Transmission Customers shall be subject to the creditworthiness requirements contained in Attachment K to the ISO Services Tariff, including the minimum participation criteria set forth in Section 26.1 of Attachment K. “Customer,” as used in Attachment K to the ISO Services Tariff, shall also mean “Transmission Customer” and an applicant seeking to become a Transmission Customer.

Creditworthiness. (a) At any time during the Term, the Service Providers may request in writing, and if so requested the Shipper must provide: (i) its most recent audited financial statements (or if the Service Providers acting reasonably so requests, the Shipper will also provide its most recent unaudited financial statements); (ii) evidence of either or both of debt ratings and corporate credit ratings; and (iii) other information that the Service Providers reasonably request to establish or confirm the Shipper's creditworthiness. (b) All information the Shipper provides for credit evaluation purposes will be used by the Service Providers solely for this purpose and subject to clause 30.3, will be held in confidence. (c) The Service Providers will establish credit limits based on the level of requested Service and the Shipper's creditworthiness as established by the Service Providers' analysis of the Shipper's financial strength, taking into consideration (but in no way limited to) analysis of three (3) years of the Shipper's audited financial statements demonstrating adequate financial strength to justify the amount of the credit the Service Providers is to extend to the Shipper. (d) If in the reasonable opinion of the Service Provider the Shipper fails to establish or confirm the Shipper’s creditworthiness for the Term within 7 days of the Service Providers’ request, the Service Providers may require security in a form specified in clauses 21.3(a)(i), (ii), (iii), (iv) or (v), and the Shipper will promptly provide such security.

Creditworthiness. 9.1 Dorks Delivered’s obligations to supply a Service, and to continue supplying a Service, are subject to Dorks Delivered being satisfied as to the creditworthiness of the Customer. 9.2 Dorks Delivered may, from time to time, review the Customer’s creditworthiness. In doing so, ▇▇▇▇▇ Delivered may seek from the Customer or an independent person such as a credit reporting agency or credit provider information or advice to assist in the creditworthiness review. 9.3 Customer agrees promptly to cooperate with a review by: (a) providing to Dorks Delivered any information (including a completed Dorks Delivered credit application form) Dorks Delivered reasonably requires to conduct any such review; and (b) giving to Dorks Delivered permission (which permission is by the signing of the Order Form granted) to communicate with credit reference associations about the Customer’s creditworthiness. 9.4 The Customer warrants that all material information that it provides to Dorks Delivered in any creditworthiness review will provide a true and fair view of the Customer’s financial position at the time it is provided, and that all other information is accurate and complete. 9.5 The Customer is entitled to see and correct any credit information that Dorks Delivered holds about the Customer. 9.6 Following a creditworthiness review of the Customer which may occur at any time before or during the supply of the Service, Dorks Delivered may give to the Customer a written notice specifying a credit limit and/or the security that the Customer is required to give to Dorks Delivered, which shall be in a form and amount that is no more than reasonably required. 9.7 If the Customer fails to provide the security required by Dorks Delivered within a reasonable time or exceeds the nominated Credit Limit, Dorks Delivered may suspend the supply of the Service.

Creditworthiness. ‌ 9.1 iiNet’s obligations to supply a Service, and to continue supplying a Service, is subject iiNet being satisfied as to the creditworthiness of the Customer. 9.2 iiNet may, from time to time, review the Customer’s creditworthiness. In doing so, iiNet may seek from the Customer or an independent person such as a credit reporting agency or credit provider information or advice to assist in the creditworthiness review. 9.3 Customer agrees promptly to cooperate with a review by: (a) providing to iiNet any information (including a completed iiNet credit application form) iiNet reasonably requires to conduct any such review; and (b) giving to iiNet permission (which permission is by the signing of the Order Form granted) to communicate with credit reference associations about the Customer’s creditworthiness. The information sought in this clause can include any information reasonably required by iiNet about the Customer’s creditworthiness, credit standing, credit history or credit capacity that credit providers are allowed to give or receive under law. 9.4 The Customer warrants that all material information that it provides to iiNet in any creditworthiness review will provide a true and fair view of the Customer’s financial position at the time it is provided, and that all other information is accurate and complete. 9.5 The Customer is entitled to see and to correct any credit information that iiNet holds about the Customer. 9.6 Following a creditworthiness review of the Customer which may occur at any time before or during the supply of the Service, iiNet may give to the Customer a written notice specifying a credit limit and/or the security that the Customer is required to give to iiNet, which shall be in a form and amount that is no more than reasonably required. 9.7 If the Customer fails to provide the security required by iiNet within a reasonable time or exceeds the nominated Credit Limit, iiNet may suspend the supply of the Service.

Creditworthiness. For the purpose of determining the ability of the Customer to meet its obligations related to service hereunder, the Central ▇▇▇▇▇▇ may require reasonable credit review procedures. This review shall be made in accordance with standard commercial practices. In addition, Central ▇▇▇▇▇▇ may require the Customer to provide and maintain in effect during the term of the Service Agreement, an unconditional and irrevocable letter of credit as security to meet its responsibilities and obligations under the Tariff, or an alternative form of security proposed by the Customer and acceptable to Central ▇▇▇▇▇▇ and consistent with commercial practices established by the Uniform Commercial Code that protects the Central ▇▇▇▇▇▇ against the risk of non-payment. Customer shall not be obligated to provide a security deposit solely in connection with service under this Agreement, but shall comply with the requirements set forth in General Rule 17 of Central ▇▇▇▇▇▇’▇ PSC No. 15 for creditworthiness and security deposits.

Creditworthiness. In order for Company to participate in the origination of fund transfer entries (“Entry” or “Entries”), pursuant to this Agreement, Company must be creditworthy in accordance with the Bank’s policies. Company agrees that Bank may request and obtain credit information about Company in order to determine their creditworthiness. This credit information includes but is not limited to financial information to be obtained directly from Company and credit bureau reports. The Bank reserves the right to immediately terminate this Agreement if the creditworthiness of Company should deteriorate to an unacceptable level as determined by the Bank in its sole discretion.

Creditworthiness. In the event Seller: a) is unable to represent or warrant as required by Section 3 that it has not been a debtor in any bankruptcy proceeding within the past two (2) years;

Creditworthiness. Bay Gas shall not be required to commence service or, subject to the following timing provisions, to continue to provide service under a Storage or Transportation Service Agreement with any Shipper, that (a) is or has become insolvent; (b) has applied for bankruptcy under Chapter 11 of the Bankruptcy Code, or which is subject to similar proceedings under state or federal law; or (c) when requested by Bay Gas to demonstrate creditworthiness, fails to do so in Bay Gas' reasonable judgment, in light of previous payment experience and the prudent credit analysis of information available; provided, however, that any such Shipper that is receiving service shall continue to receive service for a period of fifteen (15) days after written notice by Bay Gas of any such circumstance, and shall continue thereafter to receive service if, within such fifteen (15) day notice period, such Shipper (a) deposits with Bay Gas and maintains, on account, an amount which would be due for three (3) months service at the full Maximum Daily Withdrawal Quantity, or the full Maximum Daily Transportation Quantity, including an amount of the current gas imbalance plus, an amount equal to the three (3) highest cashout payments, if any, incurred during the previous twelve months, or (b) furnishes good and sufficient security, which may include an acceptable standby letter of credit, or monthly prepayment agreement or other security as reasonably determined by Bay Gas, of a continuing nature and in an amount equal to such amounts which would be due for service. If such payment on account or payment security is not received within such fifteen (15) day notice period, Bay Gas may, without waiving any rights or remedies it may have, suspend further service for a period of ten (10) days. If such payment on account or a payment security is not received within such ten (10) day suspension period, then Bay Gas shall no longer be obligated to continue to provide service to such Shipper. Further, if such payment on account or a payment security is not received within sixty (60) days after the end of such suspension period, Bay Gas may terminate its obligations to provide service under all agreements between Shipper and Bay Gas, which termination shall not affect any of Bay Gas' claims or remedies it may have under any Storage or Transportation Service Agreement.