Common use of VARIATIONS TO THE FACILITY AGREEMENT Clause in Contracts

VARIATIONS TO THE FACILITY AGREEMENT. 8.1 The Credit Union may at any time: (a) review and vary the Annual Interest Rate and /or Fees; (b) alter the timing or frequency of Payment Dates; (c) increase, reduce or cancel the Facility Amount; (d) require any Unpaid Balance to be paid by regular instalments. 8.2 If the Credit Union exercises its power in accordance with clause 8.1, the Credit Union will provide the Member with a disclosure statement which sets out the change to the Agreement, within five working days of the change becoming effective. 8.3 The cancellation by the Credit Union of the Facility will not affect any of the Credit Union’s rights that may have arisen before cancellation.

VARIATIONS TO THE FACILITY AGREEMENT. 8.1 The Credit Union may at any time: (a) review and vary the Annual Interest Rate and /or Fees; (b) alter the timing or frequency of Payment Datesrequirements; (c) increase, reduce or cancel the Facility Amount; (d) require any Unpaid Balance to be paid by regular instalments. 8.2 If the Credit Union exercises its power in accordance with clause 8.1, the Credit Union will provide the Member with a disclosure statement which sets out the change to the Agreement, within five working days of the change becoming effective. 8.3 The cancellation by the Credit Union of the Facility will not affect any of the Credit Union’s rights that may have arisen before cancellation.

VARIATIONS TO THE FACILITY AGREEMENT. 8.1 The Credit Union may at any time: (a) review and vary the Annual Interest Rate and /or Fees; (b) alter the timing or frequency of Payment Dates; (c) increaseIncrease, reduce or cancel the Facility Amount; (d) require any Unpaid Balance to be paid by regular instalments. 8.2 If the Credit Union exercises its power in accordance with clause 8.1, the Credit Union will provide the Member with a disclosure statement which sets out the change to the Agreement, within five working days of the change becoming effective. 8.3 The cancellation by the Credit Union of the Facility will not affect any of the Credit Union’s rights that may have arisen before cancellation.

VARIATIONS TO THE FACILITY AGREEMENT. 8.1 The Credit Union may at any time: (a) review and vary the Annual Interest Rate and /or Fees;. (b) alter the timing or frequency of Payment Dates;. (c) increase, reduce or cancel the Facility Amount;. (d) require any Unpaid Balance to be paid by regular instalments. 8.2 If the Credit Union exercises its power in accordance with clause 8.1, the Credit Union will provide the Member with a disclosure statement which sets out the change to the Agreement, within five working days of the change becoming effective. 8.3 The cancellation by the Credit Union of the Facility will not affect any of the Credit Union’s rights that may have arisen before cancellation.