Common use of STATEMENT OF RIGHT TO CANCEL Clause in Contracts

STATEMENT OF RIGHT TO CANCEL. 12.1 The CCCFA gives the Member a right for a short time after the terms of this Agreement have been disclosed to cancel the contract. 12.2 The Member must give written notice to the Credit Union, of the intention to cancel the Agreement: (a) within 5 working days of the date of signing this Agreement, if this document was provided in person and on the date of this Agreement; or (b) within 7 working days of receiving this Agreement, if this document was sent via electronic communication; or (c) within 9 working days of receiving this Agreement, if this document was mailed. 12.3 To cancel, the Member must give the Credit Union written notice of intention to cancel by: 12.4 The Member must also return to the Credit Union any Advance or Advances made under the Agreement, within the same timeframes. 12.5 Upon cancellation, the Credit Union can charge the Member: (a) the amount of any reasonable expenses the Credit Union had to pay in connection with the contract and its cancellation (including legal fees and fees for credit reports, etc.); and (b) interest for the period from the day the Member received the Advance until the day that Advance is repaid. 12.6 This statement only contains a summary of the Member’s rights and obligations in connection with the right to cancel. If there is anything about the Member’s rights or obligations under the CCCFA that the Member does not understand, if there is a dispute about the Member’s rights, or if the Member think that the Credit Union is being unreasonable in any way, the Member should seek legal advice immediately.

Appears in 7 contracts

Samples: Personal Loan Facility Agreement, Personal Loan Facility Agreement, Personal Loan Facility Agreement

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STATEMENT OF RIGHT TO CANCEL. 12.1 10.1 The CCCFA gives the Member a right for a short time after the terms of this Agreement have been disclosed to cancel the contract. 12.2 10.2 The Member must give written notice to the Credit Union, of the intention to cancel the Agreement: (a) within 5 working days of the date of signing this Agreement, if this document was provided in person and on the date of this Agreement; or (b) within 7 working days of receiving this Agreement, if this document was sent via electronic communication; or (c) within 9 working days of receiving this Agreement, if this document was mailed. 12.3 10.3 To cancel, the Member must give the Credit Union written notice of intention to cancel by: 12.4 10.4 The Member must also return to the Credit Union any Advance or Advances made under the Agreement, within the same timeframes. 12.5 10.5 Upon cancellation, the Credit Union can charge the Member: (a) the amount of any reasonable expenses the Credit Union had to pay in connection with the contract and its cancellation (including legal fees and fees for credit reports, etc.); and (b) interest for the period from the day the Member received the Advance until the day that Advance is repaid. 12.6 10.6 This statement only contains a summary of the Member’s rights and obligations in connection with the right to cancel. If there is anything about the Member’s rights or obligations under the CCCFA that the Member does not understand, if there is a dispute about the Member’s rights, or if the Member think thinks that the Credit Union is being unreasonable in any way, the Member should seek legal advice immediately.

Appears in 5 contracts

Samples: Personal Loan Facility Agreement, Personal Loan Facility Agreement, Personal Loan Facility Agreement

STATEMENT OF RIGHT TO CANCEL. 12.1 7.1 The CCCFA gives the Member a right for a short time after the terms of this Agreement have been disclosed to cancel the contract. 12.2 7.2 The Member must give written notice to the Credit Union, of the intention to cancel the Agreement: (a) within 5 working days of the date of signing this Agreement, if this document was provided in person and on the date of this Agreement; or (b) within 7 working days of receiving this Agreement, if this document was sent via electronic communication; or (c) within 9 working days of receiving this Agreement, if this document was mailed. 12.3 7.3 To cancel, the Member must give the Credit Union written notice of intention to cancel by: 12.4 7.4 The Member must also return to the Credit Union any Advance or Advances made under the Agreement, within the same timeframes. 12.5 7.5 Upon cancellation, the Credit Union can charge the Member: (a) the amount of any reasonable expenses the Credit Union had to pay in connection with the contract and its cancellation (including legal fees and fees for credit reports, etc.); and (b) interest for the period from the day the Member received the Advance until the day that Advance is repaid. 12.6 7.6 This statement only contains a summary of the Member’s rights and obligations in connection with the right to cancel. If there is anything about the Member’s rights or obligations under the CCCFA that the Member does not understand, if there is a dispute about the Member’s rights, or if the Member think thinks that the Credit Union is being unreasonable in any way, the Member should seek legal advice immediately.

Appears in 3 contracts

Samples: Overdraft Facility Agreement, Overdraft Facility Agreement, Overdraft Facility Agreement

STATEMENT OF RIGHT TO CANCEL. 12.1 The CCCFA gives the Member a right for a short time after the terms of this Agreement have been disclosed to cancel the contract. 12.2 The Member must give written notice to the Credit Union, of the intention to cancel the Agreement: (a) within 5 working days of the date of signing this Agreement, if this document was provided in person and on the date of this Agreement; or (b) within 7 working days of receiving this Agreement, if this document was sent via electronic communication; or (c) within 9 working days of receiving this Agreement, if this document was mailed. 12.3 To cancel, the Member must give the Credit Union written notice of intention to cancel by: 12.4 The Member must also return to the Credit Union any Advance or Advances made under the Agreement, within the same timeframes. 12.5 Upon cancellation, the Credit Union can charge the Member: (a) the amount of any reasonable expenses the Credit Union had to pay in connection with the contract and its cancellation (including legal fees and fees for credit reports, etc.); and (b) interest for the period from the day the Member received the Advance until the day that Advance is repaid. 12.6 This statement only contains a summary of the Member’s rights and obligations in connection with the right to cancel. If there is anything about the Member’s rights or obligations under the CCCFA that the Member does not understand, if there is a dispute about the Member’s rights, or if the Member think that the Credit Union is being unreasonable in any way, the Member should seek legal advice immediately.to

Appears in 2 contracts

Samples: Personal Loan Facility Agreement, Personal Loan Facility Agreement

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STATEMENT OF RIGHT TO CANCEL. 12.1 13.1 The CCCFA gives the Member a right for a short time after the terms of this Agreement have been disclosed to cancel the contract. 12.2 13.2 The Member must give written notice to the Credit Union, of the intention to cancel the Agreement: (a) within 5 working days of the date of signing this Agreement, if this document was provided in person and on the date of this Agreement; or (b) within 7 working days of receiving this Agreement, if this document was sent via electronic communication; or (c) within 9 working days of receiving this Agreement, if this document was mailed. 12.3 13.3 To cancel, the Member must give the Credit Union written notice of intention to cancel by: 12.4 13.4 The Member must also return to the Credit Union any Advance or Advances made under the Agreement, within the same timeframes. 12.5 13.5 Upon cancellation, the Credit Union can charge the Member: (a) the amount of any reasonable expenses the Credit Union had to pay in connection with the contract and its cancellation (including legal fees and fees for credit reports, etc.); and (b) interest for the period from the day the Member received the Advance until the day that Advance is repaid. 12.6 13.6 This statement only contains a summary of the Member’s rights and obligations in connection with the right to cancel. If there is anything about the Member’s rights or obligations under the CCCFA that the Member does not understand, if there is a dispute about the Member’s rights, or if the Member think thinks that the Credit Union is being unreasonable in any way, the Member should seek legal advice immediately.

Appears in 2 contracts

Samples: Home Loan Facility Agreement, Home Loan Facility Agreement

STATEMENT OF RIGHT TO CANCEL. 12.1 13.1 The CCCFA gives the Member a right for a short time after the terms of this Agreement have been disclosed to cancel the contractAgreement. 12.2 13.2 The Member must give written notice to the Credit Union, of the intention to cancel the Agreement: (a) within 5 working days of the date of signing this Agreement, if this document was provided in person and on the date of this Agreement; or (b) within 7 working days of receiving this Agreement, if this document was sent via electronic communication; or (c) within 9 working days of receiving this Agreement, if this document was mailed. 12.3 13.3 To cancel, the Member must give the Credit Union written notice of intention to cancel by: 12.4 (a) giving notice to the Credit Union at the Credit Union’s specified premises; or (b) posting the notice to the Credit Union; or (c) emailing the notice to the Credit Union’s email address. 13.4 The Member must also return to the Credit Union any Advance or Advances made under the Agreement, within the same timeframes. 12.5 13.5 Upon cancellation, the Credit Union can charge the Member: (a) the amount of any reasonable expenses the Credit Union had to pay in connection with the contract Agreement and its cancellation (including legal fees and fees for credit reports, etc.); and (b) interest for the period from the day the Member received the Advance until the day that Advance is repaid. 12.6 13.6 This statement only contains a summary of the Member’s rights and obligations in connection with the right to cancel. If there is anything about the Member’s rights or obligations under the CCCFA that the Member does not understand, if there is a dispute about the Member’s rights, or if the Member think thinks that the Credit Union is being unreasonable in any way, the Member should seek legal advice immediately.

Appears in 2 contracts

Samples: First Home Together Facility Agreement (Mortgage Security), First Home Together Facility Agreement (Mortgage Security)

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