Common use of DURATION OF THIS CONTRACT Clause in Contracts

DURATION OF THIS CONTRACT. This contract comes into effect on the XXXXXXXX and the insurance period will run until XXXXX. The following modules form part of this contract: A08.01 Non Payment Risk B15.04 Credit Limits 1 – @rating scale : . @rating X : no cover . @rating NR : INR 448,000 . @rating R : INR 640,000 . @rating @ : INR 1,280,000 . @rating @@ : INR 3,200,000 . @rating @@@ : INR 6,400,000 Insured percentage: XX % of the net debt In case of a loss, the amount of the @rating we have granted to your buyer will be converted in the currency of the present contract at the exchange rate on the date you have notified us of an overdue account.