Refunds to Clients on Payment Plans Sample Clauses

Refunds to Clients on Payment Plans. (a) If You agree to issue any Client a refund (such amount being the Refund Amount), you must notify Us immediately. (b) Where the Refund Amount is a full refund, i. You must pay us an amount equal to the Outstanding Amount; and ii. we will endeavour to cancel the remaining Instalments under the Payment Plan and reasonably cooperate with You to facilitate such refund. (c) Where the Refund Amount is a partial refund, i. You must pay us an amount equal to the Refund Amount; and ii. we will endeavour to update the transaction amount in our backend system. Where possible subsequent Instalments shall be adjusted rateably to reflect the partial refund. (d) The ability to cancel and/or adjust subsequent Instalments will depend on the notice period provided to us by You. Where You provide insufficient notice for us to adjust the next Instalment, we will reasonably cooperate with You to facilitate adjustments to amounts owing by You and/or the Client so that FPS does not receive in respect of the Payment Plan, an amount in aggregate greater than the Outstanding Amount. (e) You are solely responsible for issuing refunds of any amount that has already been paid by a Client in previous Instalments.
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