DEBT PROCESSING AND COLLECTION 12 Clause Samples

DEBT PROCESSING AND COLLECTION 12. The Beneficiary shall amortize or settle the debt now assumed, through a debit into the bank account of its ownership, maintained before each one of the Financial Agents, obeying the proportions mentioned in Sub-Item 7.3. The amortization may be executed also through a bank cheque, bank compensation slip or Credit-into-Account document - DOC, since informed with at least 5 [five] working days in advance by the Beneficiary.