Default administration charges definition
Default administration charges means a charge that may be imposed by the Municipality to recover administration costs incurred as a result of a consumer’s default;
Default administration charges means a charge that may be imposed by the Municipality to recover administration costs incurred as a result of a consumer’s default, if the agreement is a credit agreement in terms of the National Credit Act;
Default administration charges means charges which you must pay if you default in any payment obligation under this Agreement;
Examples of Default administration charges in a sentence
Default administration charges, collection costs and attorney fees are payable by you in case of default.
Default administration charges will be equal to the amount payable for a registered letter of demand in undefended actions under the Magistrates Court Act 1944.
Default administration charges are payable for each letter FNB sends you under part C of Chapter 6 of the National Credit Act (“NCA”).
More Definitions of Default administration charges
Default administration charges means a charge that may be imposed by the
Default administration charges means chargeswhich
Default administration charges means charges which either you, or the Card Holder where they have accepted liability for
Default administration charges means charges which either you, or the Card Holder where they have accepted liability for the Card Account, must pay if default occurs in any payment obligation under this Agreement;
Default administration charges means charges which the Borrower will pay in the event of the Borrower defaulting in any payment obligation under this Agreement.
Default administration charges means a charge that may be imposed by the Municipality to recover
Default administration charges means charges which either you, or the Primary Account Holder where it has accepted liability for this Card Account, must pay if default occurs in any payment obligation under this Agreement;