Common use of Spreading of debt Clause in Contracts

Spreading of debt. We may notify co-proprietors if one or more owner(s) do not fulfil their obligations to reimburse the managing agent for expenditure and will advise you (subject to the limitations of the Data Protection legislation) if these debt recovery problems may have an effect on you financially, and also our ability to manage your property/development on your behalf.

Appears in 4 contracts

Samples: Service Level Agreement, Service Level Agreement, Service Level Agreement

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