Common use of Collection Services Clause in Contracts

Collection Services. A Borrower will be required to provide a direct debit authorisation for all Loan Repayments and other amounts payable by the Borrower in respect of a Loan, including any fees payable by the Borrower to Harmoney. Harmoney will be entitled to process additional direct debit payments to cover any fees payable by the Borrower to Harmoney.

Appears in 3 contracts

Sources: Investor Agreement, Investor Agreement, Investor Agreement