Common use of Direct Debit Payment Agreement Clause in Contracts

Direct Debit Payment Agreement. The Direct Debit Payment Agreement you enter, will include an automatic weekly or fortnightly deduction from your nominated bank account, for your Membership Fee, agreed on in this Membership Agreement, as outlined in the Membership Details. This Direct Debit will continue to be debited from your account until you or we cancel the Agreement. If you end this Agreement or stop the automatic debit arrangement in a way not described in this Agreement, you may be liable for unpaid Fees or damage for breach of contract. You should however, cancel any direct debit authorisation when the Agreement lawfully ends. Upfront Pre-Payment Agreement: The upfront pre-payment billing agreement you enter, will include one payment of your Membership Fees, for the Minimum Term or other period agreed on in this Agreement, as outlined in the Membership Details.