(a) If any debt is due and payable by the customer to the company but is unpaid.
(b) If the customer has failed to provide any letter of credit, bill of exchange or any other security required by the contract, provided that in such even the aforesaid rights of termination of suspension shall apply only in regard to the particular contract in respect of which the customer shall have so failed.
(c) If the customer has failed to take delivery of any goods under any contract between it and the company otherwise than in accordance with the customer’s contractual rights.
(d) If the customer becomes insolvent of being a body corporate has passed the resolution for voluntary winding up except where solely for the purpose of reconstruction, or has suffered an Order or the Court for its winding up to be made, or has had a receiver appointed or being an individual or partnership has suspended payment of this or their debts in whole or in part or has proposed or entered into any composition or arrangement with his or their creditors or has had a Receiving Order Bankruptcy made against him or them.
All notices or written communications shall be deemed to be delivered to the customer two days after the date of posting.
2022 JCS Design I By ABM Creativos LATAM