These Terms and Conditions apply to and regulate the provision of credit facilities advanced by QuickCheck Limited (“QuickCheck”) to the Borrower herein. These Terms and Conditions, together with QuickCheck’s offer letter set out the terms governing this Loan Agreement.
The Borrower agrees that QuickCheck may communicate with them by sending notices, messages, alerts, and statements in relation to this Agreement in the following manner:
DISCLAIMER: PLEASE NOTE THAT NO FORM OF CASH TRANSACTION BETWEEN CLIENT AND ANY STAFF, AGENT OR PERSONS ON BEHALF OF QuickCheck LTD IS ALLOWED. QuickCheck WILL NOT ACCEPT LIABILITY FOR SUCH TRANSACTION OR PAYMENT.
5.1 Default in terms of this Agreement will occur if:
5.2 In the event of any default by the Borrower subject to clause 5.1 above –
You, (the Borrower) hereby confirm that you have read, understood and agreed to the above terms and conditions. You also authorize QuickCheck to present the repayment instrument issued by you (in favour of QuickCheck) for the repayment of the loan as and when due until the loan has been fully paid and if for any reason whatsoever, your account is not funded at the time of presentation, you shall be criminally liable under the Dishonored Cheques (Offences) Act, CAP D1, LFN 2004.