Amounts you owe us. Where the aggregate amount you owe us exceeds the amount held in your Balance we may show your Balance in negative figures as a reflection of the net amount you owe to us.
Amounts you owe us. 7.1 If the Bond Refund Amount that we receive is less than the Bond Amount, you must immediately pay us the Bond Shortfall.
7.2 If the term of the Lease has ended and you continue to rent the Rented Property on a month- to-month basis or equivalent, you must pay us a fee to compensate us for the delay in our right to recover the Bond Refund Amount, until you cease to rent the Rented Property. The amount of the fee that you must pay us is 5% of the Bond Amount for each month (or part of a month) that you continue to rent the Rented Property after the term of the Lease has ended. This amount is due on a monthly basis on the last day of each month.
7.3 We may debit your Bank Account for the Bond Shortfall and for the monthly fee due under clause 0.0.Xxx must pay us on demand for any Loss we suffer if you breach this agreement.
7.4 You must pay us interest at the Interest Rate on any amount that is due by you to us under this agreement that you have not paid. Interest accrues daily and is capitalised monthly.
