Common use of Credit Risk Clause in Contracts

Credit Risk. DISTRIBUTOR bears all credit risk with respect to all sales of Products and Services by DISTRIBUTOR or VAR. Failure of the VAR or End-User to pay DISTRIBUTOR for Products or Services does not relieve DISTRIBUTOR of DISTRIBUTOR'S obligation to pay GUPTA for such Products and Services.

Appears in 5 contracts

Samples: International Distribution Agreement (Warp Technology Holdings Inc), Premium International Distribution Agreement (Warp Technology Holdings Inc), Distribution Agreement (Warp Technology Holdings Inc)

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Credit Risk. DISTRIBUTOR bears all credit risk with respect to all sales of Products and Services by DISTRIBUTOR or VAR. Failure of the VAR or End-User to pay DISTRIBUTOR for Products or Services does not relieve DISTRIBUTOR of DISTRIBUTOR'S obligation to pay GUPTA for such Products and Services. 6.4.

Appears in 1 contract

Samples: Distribution Agreement

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