This signed Authority and Mandate refers to our contract as dated as on signature hereof ("the
Agreement"). I / We hereby authorise you to issue and deliver payment instructions to the bank
for
collection against my / our abovementioned account at my / our above mentioned bank (or any
other
bank or branch to which I / We may transfer my / our account) on condition that the sum of such
payment
instructions will never exceed my / our obligations as agreed to in the Agreement, and
commencing on
the commencement date and continuing until this Authority and Mandate is terminated by me / us
by
giving you notice in writing of no less than 20 ordinary working days, and sent by prepaid
registered post or delivered to your address indicated above.
The individual payment instructions so authorised to
be issued must be issued and delivered as follows: On the last day ("payment day") of each and
every
month. In the event that the payment day falls on a Saturday, Sunday or recognized South African
public holiday,
the payment day will automatically be the very next ordinary business day. Further, if there are
insufficient funds in the nominated account to meet the obligation, you are entitled to track my
account
and re-present the instruction for payment as soon as sufficient funds are available in my
account.
I/We understand that the withdrawals hereby authorised will be processed through a computerised
system provided by the South African
Banks and I also understand that details of each withdrawal will be printed on my bank
statement.
Each transaction will contain a number, which must be included in the said payment instruction
and if
provided to you should enable you to identify the Agreement. A payment reference is added to
this
form before the issuing of any payment instruction. I/We shall not be entitled to any refund of
amounts
which you have withdrawn while this authority was in force, if such amounts were legally owing
to you.
Abbreviated name as registered with bank: QCOBA
MANDATE
I / We acknowledge that all payment instructions issued by you shall be treated by my/our above
mentioned bank as if the instructions had been issued by me/us
personally.
CANCELLATION
I / We agree that although this Authority and
Mandate may be cancelled by me / us, such
cancellation will not cancel the Agreement. I /
We shall not be entitled to any refund of
amounts which you have withdrawn while this
authority was in force, if such amounts were
legally owing to you.
ASSIGNMENT
I / We acknowledge that this Authority may be
ceded to or assigned to a third party if the
agreement is also ceded or assigned to that
third party, but in the absence of such
assignment of the Agreement, this Authority
and Mandate cannot be assigned to any third party.
This signed Authority and Mandate refers to our contract as dated as on signature hereof ("the
Agreement"). I / We hereby authorise you to issue and deliver payment instructions to the bank
for
collection against my / our abovementioned account at my / our above mentioned bank (or any
other
bank or branch to which I / We may transfer my / our account) on condition that the sum of such
payment
instructions will never exceed my / our obligations as agreed to in the Agreement, and
commencing on
the commencement date and continuing until this Authority and Mandate is terminated by me / us
by
giving you notice in writing of no less than 20 ordinary working days, and sent by prepaid
registered post or delivered to your address indicated above.
The individual payment instructions so authorised to
be issued must be issued and delivered as follows: On the last day ("payment day") of each and
every
month. In the event that the payment day falls on a Saturday, Sunday or recognized South African
public holiday,
the payment day will automatically be the very next ordinary business day. Further, if there are
insufficient funds in the nominated account to meet the obligation, you are entitled to track my
account
and re-present the instruction for payment as soon as sufficient funds are available in my
account;
I/We understand that the withdrawals hereby authorised will be processed through a computerised
system provided by the South African
Banks and I also understand that details of each withdrawal will be printed on my bank
statement.
Each transaction will contain a number, which must be included in the said payment instruction
and if
provided to you should enable you to identify the Agreement. A payment reference is added to
this
form before the issuing of any payment instruction. I/We shall not be entitled to any refund of
amounts
which you have withdrawn while this authority was in force, if such amounts were legally owing
to you.
Abbreviated name as registered with bank: QCOBA
MANDATE
I / We acknowledge that all payment instructions issued by you shall be treated by my/our above
mentioned bank as if the instructions had been issued by me/us
personally.
CANCELLATION
I / We agree that although this Authority and
Mandate may be cancelled by me / us, such
cancellation will not cancel the Agreement. I /
We shall not be entitled to any refund of
amounts which you have withdrawn while this
authority was in force, if such amounts were
legally owing to you.
ASSIGNMENT
I / We acknowledge that this Authority may be
ceded to or assigned to a third party if the
agreement is also ceded or assigned to that
third party, but in the absence of such
assignment of the Agreement, this Authority
and Mandate cannot be assigned to any third party.