Common use of Payment and Credit Clause in Contracts

Payment and Credit. Payment terms shall be as established by the Company from time to time as stated in the Contract. If for any reason the Price cannot be determined, the Buyer fails to pay any one or more installments of the Price when due, the Buyer breaches any term of the Contract, and/or the Buyer's financial worthiness becomes unsatisfactory to the Company, the Company shall have the right, in addition to all other remedies available to it under the Contract or at law or in equity, to (a) suspend or cancel further deliveries,

Appears in 2 contracts

Samples: General Terms And, General Terms And

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Payment and Credit. Payment terms shall be as established by the Company from time to time as stated mentioned in the Contract. If for any reason the Price cannot be determined, the Buyer fails to pay for any one or more installments of the Price when due, the Buyer breaches any term of the Contract, and/or or if the Buyer's financial worthiness worthiness, becomes unsatisfactory to the Company, then the Company shall have the right, in addition to all other remedies available to it under the Contract Terms and Conditions or at law or in equitythe Contract, to (a) suspend or cancel further deliveries,

Appears in 1 contract

Samples: General Terms

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Payment and Credit. Payment terms shall be as those established by the Company from time to time as stated set out in the Contract. If for any reason the Price cannot be determined, the Buyer fails to pay for any one or more installments of the Price when due, the Buyer breaches any term of the Contract, and/or or if the Buyer's financial worthiness worthiness, becomes unsatisfactory to the Company, then the Company Company[, in its absolute discretion,] shall have the right, in addition to all other remedies available to it under the Contract or otherwise at law or in equitylaw, to (a) suspend or cancel further deliveries,to:

Appears in 1 contract

Samples: General Terms And

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