Examples of Mogo in a sentence
Mogo may, at any time before the disbursement of the Loan (or any part thereof) to or on behalf of the Borrower, withdraw from the Agreement and the Borrower will have no claim against Mogo if Mogo does so.
Mogo reserves the right to terminate the Agreement at any time in case any of the Events of Default as set in clause 13 of the Agreement have occurred.
The Borrower additionally confirms that he/she/they will notify the approved insurer of Xxxx’s interest by letter executed by both the Borrower and Mogo, and thereafter, Xxxx will be noted on the insurance policy as loss payee.
If the Borrower is legally compelled to retain or to deduct any type of tax including value added tax, customs duty, excise duty, or any type of duty or other statutory charges or costs from any amount payable to Mogo including the debt collection costs, any indemnity, the amounts payable by the Borrower must be increased as such to ensure that Mogo receives the full amount provided for herein.
Mogo will not be liable for any loss incurred by the Borrower in terms of the Agreement, except where such loss is caused by Mogo’s gross negligence, gross misconduct, and/or willful misconduct.