Common use of Creditworthiness Clause in Contracts

Creditworthiness. Seller, in order to satisfy itself of the ability of the Buyer to meet its obligations under the contract, may conduct periodic reasonable credit reviews in accordance with standard commercial practices. Xxxxx agrees to assist in these reviews by providing financial information and at the request of the Seller, will maintain such credit support or surety including, but not limited to, an unconditional and irrevocable letter of credit to provide adequate security for protection against the risk of nonpayment.

Appears in 6 contracts

Samples: Service Agreement, Service Agreement, Service Agreement

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Creditworthiness. Seller, in order to satisfy itself of the ability of the Buyer to meet its obligations under the contract, may conduct periodic reasonable credit reviews in accordance with standard commercial practices. Xxxxx Buyer agrees to assist in these reviews by providing financial information and at the request of the Seller, will maintain such credit support or surety including, but not limited to, an unconditional and irrevocable letter of credit to provide adequate security for protection against the risk of nonpayment.

Appears in 4 contracts

Samples: Service Agreement, Service Agreement, Of Agreement

Creditworthiness. Seller, in order to satisfy itself of the ability of the Buyer to meet its obligations under _,\e the contract, may conduct periodic reasonable credit reviews in accordance with e,a_, standard commercial practices. Xxxxx agrees to assist in these reviews by providing financial information and at the request of 1- _( SCEG06-010 _1_ financialinformation andat therequestof the Seller, ,will maintain such credit maintainsuchcredit support or surety includingsuretyincluding, but not butnot limited to, an unconditional and irrevocable letter unconditionalandirrevocableletter of credit to provide adequate security for protection against the provideadequatesecurityfor protectionagainstthe risk of nonpayment.

Appears in 1 contract

Samples: Term of Agreement

Creditworthiness. Seller, in order to satisfy itself of the ability of the Buyer to meet its obligations under the contract, may conduct periodic reasonable credit reviews in accordance with standard commercial practices. Xxxxx agrees to assist in these reviews by providing financial information and at the request of the Seller, will maintain such credit support or surety including, but not limited to, an unconditional and irrevocable inevocable letter of credit to provide adequate security for protection against the risk of nonpayment.

Appears in 1 contract

Samples: Agreement

Creditworthiness. Seller, in order to satisfy satisfY itself of the ability ahility of the Buyer to meet its obligations under the contract, may conduct periodic reasonable credit reviews in accordance with standard commercial practices. Xxxxx agrees to assist in these reviews by providing financial information and at the request of the Seller, will maintain such credit support or surety including, but not limited to, an unconditional and irrevocable inevocable letter of credit to provide adequate security for protection against the risk of nonpayment.

Appears in 1 contract

Samples: Agreement

Creditworthiness. Seller, in order to satisfy itself of the ability of the Buyer to meet its obligations under the contract, may conduct periodic reasonable credit reviews in accordance with standard commercial practices. Xxxxx Buyer agrees to assist in these reviews by providing financial information and at the request of the Seller, will maintain such credit support or surety including, suretyincluding but not limited to, an unconditional and irrevocable letter unconditionalandirrevocableletter of credit to provide adequate security for protection against the risk of nonpayment.

Appears in 1 contract

Samples: Service Agreement

Creditworthiness. Seller, in order to satisfy satisfY itself of the ability of the Buyer to meet its obligations under the contract, may conduct periodic reasonable credit reviews in accordance with standard commercial practices. Xxxxx agrees to assist in these reviews by providing financial information info=ation and at the request of the Seller, will maintain such credit support or surety including, but not butnot limited to, an unconditional and irrevocable letter of credit irrevocableletterofcr_ecliL to provide adequate security for protection against the risk of nonpayment.

Appears in 1 contract

Samples: Agreement

Creditworthiness. Seller, in order to satisfy itself of the ability of the Buyer to meet its obligations under the contract, may conduct periodic reasonable credit reviews in accordance with standard commercial practices. Xxxxx Xxxx agrees to assist in these reviews by providing financial information and at the request of the Seller, will maintain such credit support or surety including, but not limited to, an unconditional and irrevocable letter of credit to provide adequate security for protection against the risk of nonpayment.

Appears in 1 contract

Samples: Service Agreement

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Creditworthiness. Seller, in order to satisfy satisfY itself of the ability of the Buyer to meet its obligations under the contract, may conduct periodic reasonable credit reviews in accordance with standard commercial practices. Xxxxx Buyer agrees to assist in these reviews by providing financial information info=ation and at the request of the Seller, will maintain such credit support or surety including, but not limited to, an unconditional and irrevocable letter of credit to provide adequate security for protection against the risk of nonpayment.

Appears in 1 contract

Samples: dms.psc.sc.gov

Creditworthiness. Seller, in order to satisfy itself of the ability of the Buyer to meet its obligations under the contract, may conduct periodic reasonable credit reviews in accordance with standard commercial practices. Xxxxx agrees to assist in these reviews by providing financial SCEG06-010 ,,’) fmancial information and at the request of the Seller, will maintain such credit support or surety including, but not limited to, an unconditional and irrevocable letter of credit to provide adequate security for protection against the risk of nonpayment.

Appears in 1 contract

Samples: Agreement

Creditworthiness. Seller, in order to satisfy itself of the ability of the Buyer to meet its obligations under the contract, may conduct periodic reasonable credit reviews in accordance with standard commercial practices. Xxxxx Buyer agrees to assist in these reviews by providing financial information and at the request of the Seller, will maintain such credit support or surety including, including but not limited to, an unconditional and irrevocable letter of credit to provide adequate security for protection against the risk of nonpayment.

Appears in 1 contract

Samples: Service Agreement

Creditworthiness. Seller, in order to satisfy itself of the ability of the Buyer to meet its obligations under the contract, may conduct periodic reasonable credit reviews in accordance with standard commercial practices. Xxxxx Buyer agrees to assist in these reviews by providing financial information and at the request of the Seller, will maintain such credit support or surety including, suretyincluding but not limited to, an unconditional and irrevocable letter of unconditionaland irrevocableletterof credit to provide adequate security for protection against the provideadequatesecurityfor protectionagainsthe risk of nonpayment.

Appears in 1 contract

Samples: Transportation Agreement

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