Common use of CERTIFICATE OF INDEBTEDNESS Clause in Contracts

CERTIFICATE OF INDEBTEDNESS. A Statement, unless the contents thereof are disputed by the Operator, issued by ACSA as to the existence and the amounts of any indebtedness of the Operator to ACSA in terms of this agreement at any time, as to the fact that such amount is due and payable, the amount and interest accrued thereon and as to any other fact, matter or thing relating to such indebtedness, shall be prima facie proof of the contents and correctness thereof and of the amounts of the Operator's indebtedness for the purpose of provisional sentence or summary judgment or any other proceedings against the Operator in any competent court, and shall be valid as a liquid document for such purposes. Such statement shall be rebuttably binding on the Operator and shall be deemed to be of sufficient particularity for the purpose of pleading or trial in any action or other proceeding instituted by ACSA against the Operator.

CERTIFICATE OF INDEBTEDNESS. A Statement, certificate unless the contents thereof are disputed by the Operator, issued by under the hand of any director for the time being of ACSA as to the existence and the amounts of any indebtedness of the Operator to ACSA in terms of this agreement at any time, as to the fact that such amount is due and payable, the amount and interest accrued thereon and as to any other fact, matter or thing relating to such indebtedness, shall be prima facie proof of the contents and correctness thereof and of the amounts of the Operator's indebtedness for the purpose of provisional sentence or summary judgment or any other proceedings against the Operator in any competent court, and shall be valid as a liquid document for such purposes. Such statement certificate shall be rebuttably binding on the Operator and shall be deemed to be of sufficient particularity for the purpose of pleading or trial in any action or other proceeding instituted by ACSA against the Operator.