Final Notices Clause Samples
The "Final Notices" clause defines the procedures and requirements for delivering the last formal communications between parties, typically at the conclusion of a contract or before taking significant actions such as termination or enforcement. This clause usually specifies the acceptable methods of delivery (such as email, registered mail, or courier), the addresses to be used, and the timeframe within which a notice is considered effective. Its core function is to ensure that all parties receive clear, documented communication at critical junctures, thereby reducing the risk of misunderstandings or disputes regarding whether proper notice was given.
Final Notices. 8.8.1 If full payment is not made within 7 days of the Reminder Notice being issued, EK Services will send a final notice requiring payment to be made in full within 7 days. Where permitted, the provision of further services will cease immediately unless there is a statutory requirement to continue the service, contract in place or a local agreement in place to continue the service
8.8.2 If payment is not made or an arrangement for payment has not been agreed after a final notice has been issued, EK Services will contact customers to negotiate settlement of the arrears. All action taken, telephone calls made and correspondence sent will be fully documented.
8.8.3 There are many different types of Sundry Debt, and each can have a different method of recovery. As such, the above is a standard process but procedures may differ where the debt type allows for different methods of recovery.
Final Notices. 6.5.1 A final notice confirms that the liable person has lost the rights to make payment by instalments and the full balance remaining is payable within 7 days.
6.5.2 EK Services will issue a Final Notice in the following circumstances; ● Where a customer has not complied with the terms of payment on a first reminder notice (or second reminder notice for Council Tax); ● Where balances remain unpaid on a closed account; ● Where balances are outstanding in respect of a previous financial year.
6.5.3 Final notices are issued by second class post on the day they are printed.
Final Notices. 7.9.1 If full payment is not made within 7 days of the Reminder Notice being issued, EK Services will send from a range of Final Notices requiring payment to be made in full within 7 days.
Final Notices. Termination or Restriction of Service
Final Notices. Upon the expiry of any notice as is referred in Conditions 8.2 and 8.3, the Issuer shall be bound to redeem the Notes to which the notice refers in accordance with the terms of such Conditions. If a notice of redemption is given by the Issuer pursuant to these Conditions and a Noteholder delivers a Put Notice pursuant to Condition 8.3, the first in time of such notices shall prevail.