Common use of Cheques Clause in Contracts

Cheques. 10.6.1 After disbursement of the USSD LBF refinanced amount, you must within 7 days submit new cheques as per the new loan schedule, failure to which PCUL will repossess the security/asset and the actual cost of repossession will be incurred by you.

Cheques. 10.6.1 After disbursement of the USSD refinanced LBF refinanced amount, you must within 7 days submit new cheques as per the new loan schedule, failure to which PCUL PCL will repossess continue banking the security/asset and cheques and/or effect the actual cost of repossession will be incurred by youexisting Direct Debit instruction in our custody.