Common use of Payment of Fees and Charges Clause in Contracts

Payment of Fees and Charges. You must pay: • the fees and charges when they are payable as set out in the schedule; • any new fees and charges we introduce in accordance with the contract for your loan; and • government fees, charges and taxes relating to your loan or security. You must pay us any fee or charge due before the settlement date for a facility account even if you do not draw down on the account. You must pay those fees or charges when we demand. Also, if we are liable to pay GST or any similar tax on a supply (“the supply”) made in connection with the contract for your loan or a security, you must pay us an amount equal to the consideration payable for the supply multiplied by the prevailing rate of GST. We may debit fees and charges from the nominated account, including if you discharge your loan and there are unpaid fees or charges relating to the loan.

Appears in 4 contracts

Samples: Terms And, Terms And, Terms And

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Payment of Fees and Charges. You must pay: • the fees and charges when they are payable as set out in the schedule; • any new fees and charges we introduce in accordance with the contract for your loan; and • government fees, charges and taxes relating to your loan or security. You must pay us any fee or charge due before the settlement date for a facility account even if you do not draw down on the account. You must pay those fees or charges when we promptly on demand. Also, if we are liable to pay GST or any similar tax on a supply (“the supply”) made in connection with the contract for your loan or a security, you must pay us an amount equal to the consideration payable for the supply multiplied by the prevailing rate of GST. We may debit fees and charges from the nominated account, including if you discharge your loan and there are unpaid fees or charges relating to the loan.

Appears in 1 contract

Samples: Terms And

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Payment of Fees and Charges. You must pay: • the fees and charges when they are payable as set out in the schedule; • any new fees and charges we introduce in accordance with the contract for your loan; and • government fees, charges and taxes relating to your loan or security. You must pay us any fee or charge due before the settlement date for a facility account even if you do not draw down on the account. You must pay those fees or charges when we demanddemand payment. Also, if we are liable to pay GST or any similar tax on a supply (“the supply”) made in connection with the contract for your loan or a security, you must pay us an amount equal to the consideration payable for the supply multiplied by the prevailing rate of GST. We may debit fees and charges from the nominated account, including if you discharge your loan and there are unpaid fees or charges relating to the loan.

Appears in 1 contract

Samples: Terms And

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