Common use of Debit Orders Clause in Contracts

Debit Orders. 5.3.1. The advertiser must sign a bank debit order instruction authority that allows Mooi Troues to deduct the monthly subscription fee from the advertiser’s bank account. 5.3.2. Should the debit order return unpaid; an unpaid penalty fee of R 50.00 per unpaid debit order will be billed to the advertiser’s next invoice and will be deducted with the next month’s debit order including the outstanding unpaid amount. 5.3.3. Should the debit order return unpaid for the second consecutive month, the advertiser will receive an instruction via e-mail to pay the outstanding invoices as well unpaid penalty fees charged via EFT within 7 days. Should the advertiser not pay these outstanding invoices as well as the unpaid penalty fee, the advertiser’s contract will be cancelled, and the advertiser will be liable to pay the outstanding balance of this contract in full as well as the interest that will be charged on overdue invoices.

Debit Orders. 5.3.1. The advertiser must sign a bank debit order instruction authority that allows Mooi Troues to deduct the monthly subscription fee from the advertiser’s bank account. 5.3.2. Should the debit order return unpaid; an unpaid penalty fee of R 50.00 per unpaid debit order will be billed to the advertiser’s next invoice and will be deducted with the next month’s debit order including the outstanding unpaid amount. 5.3.3. Should the debit order return unpaid for the second consecutive month, the advertiser will receive an instruction via e-mail to pay the outstanding invoices as well unpaid penalty fees charged via EFT within 7 days. Should the advertiser not pay these outstanding invoices as well as the unpaid penalty fee, the advertiser’s contract will be cancelled, and the advertiser will be liable to pay the outstanding balance of this contract in full as well as the interest that will be charged on overdue invoicesfull.