Common use of Dishonoured Payments Clause in Contracts

Dishonoured Payments. (i) We will endeavour to notify you of any dishonoured or overdue payments by informing you via the contact information provided by you in your Membership Form or pursuant to clause 3.3. (ii) A Dishonour Fee will be charged to you in the event a payment is dishonoured. (iii) The outstanding payment and Dishonour Fee remains due and payable by you and, if not settled within 2 days will be re-debited to your account, until such time as any outstanding fees are paid. (iv) Additional fees and charges may be incurred by you for any dishonoured payments by DD Provider or your financial institution pursuant to your agreements with them. (v) Your Membership and access to the Revo Fitness Facilities will be suspended until such time as any outstanding fees are paid. (vi) If you fail to pay any amounts owing under this Membership Agreement on the due date for payment and this amount remains outstanding for more than 14 days, we will be entitled to contact a debt collection agency to collect the funds owing. Additional charges relating to the costs of that debt collection will be incurred by You where Revo Fitness engages a debt collection agency pursuant to this clause. (b) If we accept your request for advance payment, the following conditions apply: (i) you must provide full payment of one (1) year of Membership Fees, it being acknowledged that we are not permitted to accept prepayment of Membership Fees for a period greater than 12 months; (ii) you may be entitled to a Cooling-Off Period under applicable Regulations in accordance with clause 3.10(a) (where you are a new Member who has never previously held a Membership with us); (iii) your advance payment will be non-refundable after expiration of the Cooling-Off Period (if any) unless required under any applicable Regulations and subject to the conditions provided in clause 3.10(b)(ii)(B); and (iv) your Membership will automatically renew after the agreed advance payment period ceases and standard billing will commence unless you cancel your Membership prior to that date or unless otherwise agreed by Revo Fitness.

Dishonoured Payments. (i) We will endeavour to notify you of any dishonoured or overdue payments by informing you via the contact information provided by you in your Membership Form or pursuant to clause 3.3. (ii) A Dishonour Fee will be charged to you in the event a payment is dishonoured. (iii) The outstanding payment and Dishonour Fee remains due and payable by you and, if not settled within 2 days will be re-debited to your account, until such time as any outstanding fees are paid. (iv) Additional fees and charges may be incurred by you for any dishonoured payments by DD Provider or your financial institution pursuant to your agreements with them. (v) Your Membership and access to the Revo Fitness Facilities will be suspended until such time as any outstanding fees are paid. (vi) If you fail to pay any amounts owing under this Membership Agreement on the due date for payment and this amount remains outstanding for more than 14 days, we will be entitled to contact a debt collection agency to collect the funds owing. Additional charges relating to the costs of that debt collection will be incurred by You where Revo Fitness engages a debt collection agency pursuant to this clause. (b) If we accept your request for advance payment, the following conditions apply: (i) you must provide full payment of one (1) year of Membership Fees, it being acknowledged that we are not permitted to accept prepayment of Membership Fees for a period greater than 12 months; (ii) you may be entitled to a Cooling-Off Period under applicable Regulations in accordance with clause 3.10(a3(a) (where you are a new Member who has never previously held a Membership with us); (iii) your advance payment will be non-refundable after expiration of the Cooling-Off Period (if any) unless required under any applicable Regulations and subject to the conditions provided in clause 3.10(b)(ii)(B3(b)(ii)(B); and (iv) your Membership will automatically renew after the agreed advance payment period ceases and standard billing will commence unless you cancel your Membership prior to that date or unless otherwise agreed by Revo Fitness.