Common use of SUM OWING Clause in Contracts

SUM OWING. 2.1. Kora will send an invoice or statement in respect of the Account to the Customer weekly or fortnightly or monthly or as otherwise agreed. 2.2. The invoice or statement will show the Sum Owing to Kora at the time of issue, how that Sum Owing is calculated, and the Due Date for payment of the Sum Owing to Kora. 2.3. The Customer shall pay the Sum Owing to Kora: a) in full without any deductions, whether by way of set off, counter claim, or any other equitable legal claim; b) by automatic bank direct debit initiated by Kora, or by automated credit/debit card process initiated by ▇▇▇▇. 2.4. If account includes Prepayment top up payments to be made by direct credit then reference Account and Sum Owing should never be greater than zero at end of invoicing cycle.