Common use of Return of Payment Clause in Contracts

Return of Payment. We may require a claim payment to be returned to us if it subsequently appears that such a claim should not have been paid under the provisions of this contract and if, in the case of insolvency of the buyer, the debt is not subsequently admitted to rank.

Appears in 9 contracts

Sources: Trade Credit Insurance, Credit Insurance Contract, Credit Insurance Contract

Return of Payment. We may require a claim payment to be returned to us if it subsequently appears that such a claim should not have been paid under the provisions of this contract and if, in the case of insolvency insol ve ncy of the buyer, the debt is not subsequently admitted to rank.

Appears in 1 contract

Sources: Credit Insurance Policy

Return of Payment. We may require a claim payment to be returned to us if it subsequently appears that such a claim should not have been paid under the provisions of this contract and if, in the case of insolvency of the buyerdebtor, the debt is not subsequently admitted to rank.

Appears in 1 contract

Sources: Credit Insurance Agreement