Qualification of Clients Clause Samples

The 'Qualification of Clients' clause defines the criteria and process by which a party determines whether a potential client meets certain standards or requirements before entering into a business relationship. This may involve verifying the client's financial stability, legal standing, or compliance with regulatory obligations, and could include background checks or the submission of specific documentation. By establishing clear qualification procedures, the clause helps ensure that only suitable and reliable clients are engaged, thereby reducing the risk of future disputes or non-performance.
Qualification of Clients. UMC shall take any and all action reasonably necessary to ascertain whether or not Provider’s Client qualifies for the financing requested from UMC or from any Lenders through the Program. Provider shall not be obligated to assess or pre-qualify any Client to ascertain his or her creditworthiness and is not authorized to make any representations or promises about whether or not a Client will qualify to obtain such financing. UMC makes no promises, representations, or guaranties that financing for a particular Client will be approved. UMC and/or Lenders may accept or reject any Client for financing based upon applicable underwriting and origination guidelines as interpreted by UMC or Lenders in their sole discretion.
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Qualification of Clients. UNC shall notify Client whether he or she qualifies for the financing requested from Lenders or Merchant through the Program. Merchant shall not be obligated to assess or pre-qualify any Client to ascertain his or her creditworthiness and is not authorized to make any representations or promises about whether or not Client will qualify to obtain such financing, including the likelihood of approval, applicable finance charge rates, or any terms or conditions of the financing arrangement. UNC makes no promises, representations, or guaranties that financing for a particular Client will be approved by a Lender or Merchant and all credit decisions shall be based upon applicable underwriting and origination guidelines under the Program.
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Related to Qualification of Clients

  • QUALIFICATION OF BIDDERS BID PACKAGE REQUIREMENTS:

  • Qualifications and experience (List the required education, work experience, expertise and competencies of the individual contractor. The listed education and experience should correspond with the level at which the contract is offered.) a. Education (Level and area of required and/or preferred education) b. Work Experience

  • Qualification Requirements In addition to ITB 13.1, ITB 13.2, and ITB 13.3 (b), the potential bidder must also fulfill the following:- a) The Bidder must be a Manufacturer or an Authorized Dealer or service provider for sales & service continuously from last one- year.

  • Qualification and Good Standing Each Loan Party is qualified to do business and in good standing in every jurisdiction where its assets are located and wherever necessary to carry out its business and operations, except in jurisdictions where the failure to be so qualified or in good standing has not had and will not have a Material Adverse Effect.

  • Qualification of the Tenderer 5.1 All Tenderers shall provide in Section IV, Tendering Forms, a preliminary description of the proposed work method and schedule, including drawings and charts, as necessary. 5.2 In the event that pre-qualification of Tenderers has been undertaken as stated in ITT 18.3, the provisions on qualifications of the Section III, Evaluation and Qualification Criteria shall not apply.