Deposits When Payment Guaranteed Clause Samples
The "Deposits When Payment Guaranteed" clause establishes that a deposit is required only if the payment for goods or services is not otherwise secured by a guarantee. In practice, this means that if the buyer provides a reliable form of payment assurance—such as a letter of credit or a bank guarantee—the seller will not require an upfront deposit. This clause streamlines transactions by reducing the need for redundant security measures, ensuring that sellers are protected against non-payment while buyers avoid unnecessary cash outlays when adequate payment guarantees are in place.
Deposits When Payment Guaranteed. To the extent payment guarantee is provided under E.3, requirements for advance cash deposits under E.
Deposits When Payment Guaranteed. To the extent payment guarantee is provided under ET.3, requirements for advance cash deposits under ET.
Deposits When Payment Guaranteed. E.4 PAYMENTS NOT RECEIVED
Deposits When Payment Guaranteed. To the extent payment guarantee is provided under B4.3, requirements for advance cash deposits under B4.212 shall be waived for the value of timber on Sale Area that is cut, but not removed, and for the value of products removed from Sale Area for not more than a monthly billing period, subject to the provisions of B4.4. B4.216 Blanket Cash Deposits. Purchaser may make cash deposits under a written agreement to cover charges made under this and other timber sale contracts within the same National Forest. Forest Service shall allocate such deposits to such timber sales. When there is to be no timber cutting hereunder for 30 days or more and payment of current charges has been made, the allocation to this timber sale shall be reallocated to other timber sales within the same National Forest at Purchaser’s request. Purchaser shall not start cutting until allocation has again been made to this timber sale.