Enforceable Debt. The Eligible Shipments and related payment obligations shall be a valid and legally enforceable indebtedness of the Buyer to the Insured.
Appears in 6 contracts
Sources: Export and Commercial Perils Trade Credit Insurance (Shipments Policy), Trade Credit Insurance, Trade Credit Insurance
Enforceable Debt. The Eligible Shipments and related payment obligations shall be a valid and legally enforceable indebtedness of the Buyer Obligor to the InsuredInsured in the Obligor’s Country.
Appears in 3 contracts
Sources: Insurance Policy, Insurance Policy, Insurance Policy
Enforceable Debt. The Eligible Shipments and related payment obligations shall be a valid and legally enforceable indebtedness of the Buyer Obligor to the Insured.Insured in the Obligor’s Country. SPECIMEN
Appears in 1 contract
Sources: Insurance Policy