Recovery of Debts. The Bank and any manager or officer of the Bank or of any branch irrevocably empowered to receive all Debts and on payment to give an effectual discharge therefor and on non-payment to take (if the Bank in its sole discretion so decides) all steps and proceedings either in the name of the Company or in the name of the Bank for the recovery thereof and also to agree accounts and to make allowances and to give time to any surety. The Bank shall have no liability or responsibility of any kind to the Company arising out of the exercise or non-exercise of such rights and shall not be obliged to make any enquiry as to the sufficiency of any sums received by it in respect of any Debts or to make any claims or take any other action to collect or enforce the same.
Recovery of Debts. None of the Secured Parties or any Receiver shall have any liability or responsibility of any kind to the Company arising out of the exercise or non-exercise of the right to enforce recovery of the Debts or shall be obliged to make any enquiry as to the sufficiency of any sums received in respect of any Debts or to make any claims or take any other action to collect or enforce the same.
Recovery of Debts. The ABL Agent and any manager or officer of the ABL Agent or of any branch is hereby irrevocably empowered on or after the date the Charges are first enforced to receive all Monetary Claims and on payment to give an effectual discharge therefor and on non-payment to take (if the ABL Agent in its sole discretion so decides) all steps and proceedings either in the name of each Chargor or in the name of the ABL Agent for the recovery thereof and also to agree accounts and to make allowances and to give time to any surety. Neither the ABL Agent nor any Receiver shall be obliged to make any enquiry as to the sufficiency of any sums received in respect of any Monetary Claims or to make any claims or take any other action to collect or enforce the same.
Recovery of Debts. A debt owed by an employee to the Commonwealth in relation to the employee’s employment, including because the employee has received an overpayment of salary, allowances or other remuneration (including a severance benefit), or incurred an expense outside of entitlement, may be recovered, by way of set-off from: Historical Circular
Recovery of Debts. The company reserves the right to recover agency costs associated with outstanding debts being collected by an agency after all reasonable attempts to settle account with the customer have been pursued. Please contact us if you are having trouble paying a debt and we will respond at our discretion to your situation.
Recovery of Debts a) A debt owed by an employee to Finance in relation to the employee’s employment, including because the employee has received an overpayment of salary, allowances or other remuneration (including a severance benefit), or incurred an expense outside of an entitlement, may be recovered, by way of set-off from:
i. the employee’s pay or salary at a rate of 20 per cent of the gross amount of pay or salary per fortnight, unless a different arrangement is agreed between Finance and the employee, while the employee continues their employment in Finance;
ii. leave entitlements where agreed in writing by the employee;
iii. future payments of travel allowance or motor vehicle allowance in relation to debts incurred in the course of travel; or
iv. the employee’s pay or salary, leave entitlements or other monies (except superannuation funds) payable upon termination of the employee’s employment under the PS Act and Finance is authorised to implement any such set-off it considers appropriate.
b) Finance will make reasonable attempts to contact the employee prior to commencing recovery and will consider any claims of hardship raised by the employee in any decision on the rate of recovery.
Recovery of Debts. The Collateral Trustee and any manager or officer of the Collateral Trustee or of any branch is hereby irrevocably empowered on or after the date the Charges are first enforced to receive all Monetary Claims and on payment to give an effectual discharge therefor and on non-payment to take (if the Collateral Trustee in its sole discretion so decides) all steps and proceedings either in the name of each Chargor or in the name of the Collateral Trustee for the recovery thereof and also to agree accounts and to make allowances and to give time to any surety. Neither the Collateral Trustee nor any Receiver shall be obliged to make any enquiry as to the sufficiency of any sums received in respect of any Monetary Claims or to make any claims or take any other action to collect or enforce the same.
Recovery of Debts. Neither the Lender nor any Receiver shall have any liability or responsibility of any kind to any Company arising out of the exercise or non-exercise of the right to enforce recovery of the Debts or shall be obliged to make any enquiry as to the sufficiency of any sums received in respect of any Debts or to make any claims or take any other action to collect or enforce the same.
Recovery of Debts. Subject to clause 11.2, should any one or more of the debtors of the Group at the Settlement Date fail to discharge its liability to the Group in full within 90 days from due date (being 20th of the month following invoice) of each outstanding account then, provided the Group shall then have taken reasonable steps to recover any such debts in accordance with the present debt collecting practice of the Group the Vendor will forthwith upon demand by the Purchaser pay to the relevant Group company the amount of all debts due and unpaid by such debtor and on payment of such amounts the Purchaser shall procure the Group to assign to the Vendor or its nominee at the expense of the Vendor, the debt unpaid by such debtors.
Recovery of Debts. The Administrative Agent and any manager or officer of the Administrative Agent is hereby irrevocably empowered on or after the date the Charges are first enforced to receive all Book Debts and on payment to give an effectual discharge therefore and on non-payment to take (if the Administrative Agent in its sole discretion so decides) all steps and proceedings either in the name of each Chargor or in the name of the Administrative Agent for the recovery therefore and also to agree accounts and to make allowances and to give time to any surety. Neither the Administrative Agent nor any Receiver shall be obliged to make any enquiry as to the sufficiency of any sums received in respect of any Book Debts or to make any claims or take any other action to collect or enforce the same.
