Common use of Your Account Clause in Contracts

Your Account. 6.1 We will issue you with either a credit account or a reducing customer balance account to pay for the Products. Such account will terminate on the termination or expiry of this Agreement. 6.2 We may through a credit account allow you to pay Postage after we have provided the Products to you. We will not provide Products to you until you have an account number and access to ordering facilities. 6.3 We will assess whether you are eligible for credit in line with our standard procedures. If you are we will set up a credit account for you and give you an account number. 6.4 You must comply with all terms that relate to your credit account, including the credit limit we place on your credit account and our standard credit policy terms which can be found at xxxx://xxx.xxxxxxxxx.xxx/royal-mail-credit-policy-2008 and any other terms that we tell you. If you are part of a group of companies, we will treat each separate legal entity within your group individually for the purpose of determining a credit limit. We may at any time elect to reduce or cancel any credit which we provide you if we become aware of any event which has or is likely to have a negative effect on your creditworthiness (including but not limited to: if you enter into a CVA, any credit insurer reduces or cancels its credit with you, adverse publicity regarding your financial situation or an adverse credit agency report). 6.5 We will monitor and record your payment performance, and we may make such records available to any credit referencing agency who may share that information with other businesses in assessing applications for credit and in fraud prevention. 6.6 A reducing customer balance account is a prepayment facility. You will pre-pay amounts into this account to maintain a credit balance, which will be used against the Postage you incur for the Products. You must ensure that the balance on your account is sufficient at all times to settle 6 weeks’ anticipated Postings and we may suspend your access to any Product without notice if the funds in your account fall below the agreed level. 6.7 You can settle your account by Direct Debit, BACS/CHAPS or company cheque. Payment in cash or by credit card or debit card will be accepted at our absolute discretion. All payments shall be made in full in pounds sterling. You are responsible for any bank or other charges, which you incur as part of your payment to us.

Appears in 9 contracts

Samples: General Terms and Conditions, General Terms and Conditions, General Terms and Conditions

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Your Account. 6.1 We will issue you with either a credit account or a reducing customer balance account to pay for the Products. Such account will terminate on the termination or expiry of this Agreement. 6.2 We may through a credit account allow you to pay Postage after we have provided the Products to you. We will not provide Products to you until you have an account number and access to ordering facilities. 6.3 We will assess whether you are eligible for credit in line with our standard procedures. If you are we will set up a credit account for you and give you an account number. 6.4 . You must comply with all terms that relate to your credit account, including the credit limit we place on your credit account and our standard credit policy terms which can be found at xxxx://xxx.xxxxxxxxx.xxx/royal-mail-credit-policy-2008 and any other terms that we tell you. If you are part of a group of companies, we will treat each separate legal entity within your group individually for the purpose of determining a credit limit. We may at any time elect to reduce or cancel any credit which we provide you if we become aware of any event which has or is likely to have a negative effect on your creditworthiness (including but not limited to: if you enter into a CVA, any credit insurer reduces or cancels its credit with you, adverse publicity regarding your financial situation or an adverse credit agency report). 6.5 6.4 We will monitor and record your payment performance, and we may make such records available to any credit referencing agency who may share that information with other businesses in assessing applications for credit and in fraud prevention. 6.6 6.5 A reducing customer balance account is a prepayment facility. You will pre-pay amounts into this account to maintain a credit balance, which will be used against the Postage you incur for the Products. You must ensure that the balance on your account is sufficient at all times to settle 6 weeks’ anticipated Postings and we may suspend your access to any Product without notice if the funds in your account fall below the agreed level. 6.7 6.6 You can settle your account by Direct Debit, BACS/CHAPS or company cheque. Payment in cash or by credit card or debit card will be accepted at our absolute discretion. All payments shall be made in full in pounds sterling. You are responsible for any bank or other charges, which you incur as part of your payment to us.

Appears in 1 contract

Samples: General Terms and Conditions

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Your Account. 6.1 We will issue you with either a credit account or a reducing customer balance account to pay for the Products. Such account will terminate on the termination or expiry of this Agreement.. Credit Account 6.2 We may through a credit account allow you to pay Postage after we have provided the Products to you. We will not provide Products to you until you have an account number and access to ordering facilities. 6.3 We will assess whether you are eligible for credit in line with our standard procedures. If you are we will set up a credit account for you and give you an account number. 6.4 You must comply with all terms that relate to your credit account, including the credit limit we place on your credit account and our standard credit policy terms which can be found at xxxx://xxx.xxxxxxxxx.xxx/royal-mail-credit-policy-2008 and any other terms that we tell you. If you are part of a group of companies, we will treat each separate legal entity within your group individually for the purpose of determining a credit limit. We may at any time elect to reduce or cancel any credit which we provide you if we become aware of any event which has or is likely to have a negative effect on your creditworthiness (including but not limited to: if you enter into a CVA, any credit insurer reduces or cancels its credit with you, adverse publicity regarding your financial situation or an adverse credit agency report). 6.5 We will monitor and record your payment performance, and we may make such records available to any credit referencing agency who may share that information with other businesses in assessing applications for credit and in fraud prevention.. Reducing Customer Balance Account 6.6 A reducing customer balance account is a prepayment facility. You will pre-pay amounts into this account to maintain a credit balance, which will be used against the Postage you incur for the Products. You must ensure that the balance on your account is sufficient at all times to settle 6 weeks’ anticipated Postings and we may suspend your access to any Product without notice if the funds in your account fall below the agreed level.. Methods of Settlement 6.7 You can settle your account by Direct Debit, BACS/CHAPS or company cheque. Payment in cash or by credit card or debit card will be accepted at our absolute discretion. All payments shall be made in full in pounds sterling. You are responsible for any bank or other charges, which you incur as part of your payment to us.

Appears in 1 contract

Samples: General Terms and Conditions

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