Distribution Agreements · glossary

Credit limit

The most Tullavane may owe Cressby at any one time: €400,000, counting every unpaid invoice, due or not. Above it, or while any sum is overdue, Cressby may hold back deliveries. It may never hold them back to push prices up. Agreement, clause 8.4 · Chapter 4

Explained in Chapter 4, Prices, Payment Terms and Resale Price Maintenance, of Distribution Agreements.

How it comes up, in Chapter 4
The credit limit caps how much Tullavane may owe at once…
Read Chapter 4, Prices, Payment Terms and Resale Price Maintenance →

Chapter 1 and this glossary are open to everyone; the whole edition is free to read with a free account until 31 January, and it stays open to an account opened by then.

Related terms

Where this term lives

This term is part of one complete fictional deal, with every document attached and a test after every chapter. Open Distribution Agreements → · All terms A–Z →