Common use of DEBIT ORDER AUTHORISATION Clause in Contracts

DEBIT ORDER AUTHORISATION. The Consumer hereby authorises the Credit Provider, its affiliates, holding company and/or subsidiaries or any of its designated agents to draw against his/her account referred to in the Quote (or any other bank to which the Consumer may transfer his/her account) the monthly instalment set out in the Quote until the Principal Debt and all service fees due to the Credit Provider has been repaid in full.

Appears in 2 contracts

Sources: Credit Agreement, Credit Agreement