Common use of Effect of Certificates Clause in Contracts

Effect of Certificates. A certificate: (1) by an Authorised Officer stating the amount outstanding as at the date set out in the certificate, the measure of Our Loss, the Recoverable Amount, the amount of any increased costs, the date of delivery of the Equipment to you or that an Event of Default has occurred is sufficient evidence of the facts set out in the certificate unless the contrary is shown; and (2) by an Authorised Officer stating that, as at the date set out in the certificate, there has been a total or substantial loss or destruction of the Equipment is sufficient evidence of the fact unless the contrary is shown.

Appears in 1 contract

Sources: Rental Agreement

Effect of Certificates. A certificate: (1) by an Authorised Officer stating the amount outstanding as at the date set out in the certificate, the measure of Our Loss, the Recoverable Amount, the amount of any increased costs, the date of delivery of the Equipment to you or that an Event of Default has occurred is sufficient evidence of the facts set out in the certificate unless the contrary is shown; and (2) by an Authorised Officer stating that, as at the date set out in the certificate, there has been a total or substantial loss or destruction of the Equipment is sufficient evidence of the fact unless the contrary is shown.of

Appears in 1 contract

Sources: Commercial Lease Agreement

Effect of Certificates. A certificate: (1) by an Authorised Officer stating the amount outstanding as at the date set out in the certificate, the measure of Our Loss, the Recoverable Amount, the amount of any increased costs, the date of delivery of the Equipment to you or that an Event of Default has occurred is sufficient evidence of the facts set out in the certificate unless the contrary is shown; and. (2) by an Authorised Officer stating that, as at the date set out in the certificate, there has been a total or substantial loss or destruction of the Equipment is sufficient evidence of the fact unless the contrary is shown.

Appears in 1 contract

Sources: Lease Agreement

Effect of Certificates. A certificate: (1) by an Authorised Officer stating the amount outstanding as at the date set out in the certificate, the measure of Our Loss, the Recoverable Amount, the amount of any increased costs, the date of delivery of the Equipment Goods to you or that an Event of Default has occurred is sufficient evidence of the facts set out in the certificate unless the contrary is shown; and. (2) by an Authorised Officer stating that, as at the date set out in the certificate, there has been a total or substantial loss or destruction of the Equipment Goods is sufficient evidence of the fact unless the contrary is shown.

Appears in 1 contract

Sources: Commercial Hire Purchase Agreement