Common use of Debiting of Fees and Charges Clause in Contracts

Debiting of Fees and Charges. A xxxx shall be transmitted via MEPS+ to all Participants on the first business day of every calendar month, notifying Participants of fees and charges (including administrative charges payable by a Participant under Rule 11.11 or 20.2 of the Rules) incurred in the preceding calendar month. Such fees and charges shall be debited from the Current Account of Participants 7 days after the day of the transmission of the xxxx, except for those who have made alternative billing arrangements with the Service Provider. If the 7th day after the day of the transmission of the xxxx is not a business day, the deduction shall be carried out on the next business day immediately following. Participants shall maintain sufficient funds in their Current Account to cover the fees and charges (including administrative charges payable by a Participant under Rule 11.11 or 20.2 of the Rules) to be deducted. Participants shall ensure that their MCB requirement, if applicable, is met at the end of the business day on which the deduction is made. APPENDIX 3 ACCESS CRITERIA

Debiting of Fees and Charges. A xxxx bill shall be transmitted via MEPS+ to all Participants on the first business day of every calendar month, notifying Participants of fees and charges (including administrative charges payable by a Participant under Rule 11.11 or 20.2 of the Rules) incurred in the preceding calendar month. Such fees and charges shall be debited from the Current Account of Participants 7 days after the day of the transmission of the xxxxbill, except for those who have made alternative billing arrangements with the Service Provider. If the 7th day after the day of the transmission of the xxxx bill is not a business day, the deduction shall be carried out on the next business day immediately following. Participants shall maintain sufficient funds in their Current Account to cover the fees and charges (including administrative charges payable by a Participant under Rule 11.11 or 20.2 of the Rules) to be deducted. Participants shall ensure that their MCB requirement, if applicable, is met at the end of the business day on which the deduction is made. APPENDIX 3 ACCESS CRITERIA

Debiting of Fees and Charges. A xxxx shall be transmitted via MEPS+ to all Participants on the first business day of every calendar month, notifying Participants of fees and charges (including administrative charges payable by a Participant under Rule 11.11 or 20.2 of the Rules) incurred in the preceding calendar month. Such fees and charges shall be debited from the Current Account of Participants 7 days after the day of the transmission of the xxxx, except for those who have made alternative billing arrangements with the Service Provider. If the 7th day after the day of the transmission of the xxxx is not a business day, the deduction shall be carried out on the next business day immediately following. Participants shall maintain sufficient funds in their Current Account to cover the fees and charges (including administrative charges payable by a Participant under Rule 11.11 or 20.2 of the Rules) to be deducted. Participants shall ensure that their MCB requirement, if applicable, is met at the end of the business day on which the deduction is made. APPENDIX 3 ACCESS CRITERIACRITERIA‌