Advance for bail Sample Clauses

Advance for bail. The Assistance Company advances a bail required by a criminal court to release the Beneficiary or to allow him/her to avoid any imprisonment, up to the maximum amount as specified in the Schedule. This advance is made through a lawyer locally or an Assistance Company local correspondent. This advance is agreed against the lodging of an acknowledgment of debt for an equivalent amount with the Assistance Company. The Beneficiary is obliged to reimburse the Assistance Company for the amount of the bail advanced: • as soon as the bail is released by the competent local judicial authority; • within two (2) weeks of the enforceable legal decision if he/she is found guilty; • in all cases, within a period of one (1) month of the date of the payment or the return in Nigeria of the Beneficiary at the initial scheduled date.
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