Dear Sirs Messrs. Saour Limited Company

We wish to apply for a credit facility to cover purchases of goods and/or services from you and accordingly provide you herewith a guarantee and details of our company on your Credit Facility Request Form.

Should you decide to grant us the facility requested, we understand and agree to the following terms and conditions:

1. The credit limit and credit period will be for a value and period determined and confirmed to us by you after due consideration of our requirements as mentioned in the Credit Facility Request Form.
2. Terms of payment will take effect from the date of the Invoice issued by you.
3. Should our account at any time exceed the credit limits established in (1) and/or (2) above, you will suspend the facility immediately until conditions are met.
4. We understand that you have the right to cancel the facility at any time without prior notice, which will in no way relieve us of our responsibility to pay for goods and/or services sold to us, and recover your outstanding in full on first demand.
5. We understand that any credit facility granted may be reviewed periodically.
6. All purchase orders received through email/fax by your company are deemed as original, duly approved, and valid orders, and we undertake the full liability on all such orders.
7. We agree that your invoices or delivery notes signed by any of our personnel is conclusive and sufficient evidence of receipt of material and irreversible.
8. We have to verify and confirm the outstanding balance with you every three months or whenever required. In case of non-conformity, the outstanding balance in your records will be considered correct.

9. We understand that the Credit Facility Request Form and its contents are considered a binding contract and a guaranteed commitment from us for effecting full payment that represents the total value of the materials supplied.
10. We will have the signature of our company authorized representatives below certified by the Chamber of Commerce.
11. We agree that you may verify our credit standing, commercial situation, and bank account with the credit and bank references provided in this Credit Facility Request Form.
12. We undertake to inform you by written letter of any changes in our company that may have an adverse impact on this facility and its repayment.
13. We commit to pay all outstanding balances immediately without any delays in case of selling our company or transferring ownership partially or fully or attempting partnership with a third party or renting our company. We commit to inform by written letter to you of any changes in the ownership structure of our company before at least three months.
14. We understand that the terms specified in this agreement shall override any other terms and conditions of sale and credit between us prior to this.
15. We confirm the accuracy of statements and information provided in this form and in case of any amendment, we commit to notify you by written letter.

1. Valid Commercial Registration Copy (With Company Stamp)
2. Update copy from AOA
3. Trading contract / commercial Agreement contract signed by both parties
4. Copy from National Address
5. VAT Certificate
6. Zakat Certificate (Valid)
7. GOSI Certificate (Valid)
8. Bank Statement (Last 6 Months)
9. Audited Balance Sheet (Last Financial Year)
10. Promissory note / Bank Guarantee
11. Request Letter For Credit Facility