Airefrig definition

Airefrig means each of THE PARTIES listed below as “AIREFRIG” jointly and severally; (b) "We" and "us" means any and all of THE PARTIES listed below as Guarantor(s) and if more than one jointly and severally; and (c) “Customer” means each of THE PARTIES listed below as the “Customer” (or if there is no entry the party described as the Customer on Page 1 of any applicable Application for Commercial Credit Account and Security Agreement or the like), all related and/or associated companies, trusts and/or other entities, all successors and/or assigns, each trust of which the Customer is Trustee (unless expressly excluded in writing), any party or parties who acquire, have any beneficial interest in and/or conduct any part of the business of the Customer or any trust of which the customer is Trustee (until notice is given pursuant to sub-clause 3(f) of this Agreement) and each member of any franchise/network group of which the Customer is a member (whether as franchisee, franchisor or otherwise).
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Examples of Airefrig in a sentence

  • We agree that our liability to Airefrig arises without any demand by Airefrig upon the Customer and/or any of us.

  • An election by Airefrig not to exercise any of its rights on any breach of these Terms shall not constitute a waiver of any rights relating to any other breach.

  • If more than one of us is named and/or intended to sign as Guarantor(s) we each agree to be bound and liable, jointly and severally, for the full amount owed to Airefrig even if all of us don’t sign and whether or not any amount is extinguished and/or compromised in any way.

  • The Customer agrees that it shall be deemed to have notice of any change to these Terms immediately any change is adopted by Airefrig and whether or not the Customer has actual notice.

  • The Customer hereby grants to Airefrig a general lien over all property of the Customer until payment in full of all monies owing to Airefrig.

  • The Customer agrees that all intellectual property in the creation of any goods and/or services shall be and remain the property of Airefrig notwithstanding any contribution by the Customer.

  • Airefrig may refuse to grant credit if any information to which it is entitled is inaccurate or not provided and otherwise agrees to allow us access to all such information.

  • Airefrig agrees at its discretion to grant credit from time to time to the Customer and/or to forbear from taking any legal action against the Customer for the time being.

  • The Customer shall notify Airefrig in writing of any change in its structure or management including any change in director, shareholder and/or management and/or any change in partnership and/or trusteeship within 7 days of each change.

  • Any credit facility or credit limit is an indication only of the intention of Airefrig at the time.