Abbreviated Name as Registered with the Bank: SESSIONTEL
This signed Authority and Mandate
refers to our contract dated ("the Agreement").
I/We hereby authorise you to issue and deliver payment instructions to
your Banker for collection against my/our before-mentioned account
at my/our before-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 date selected below
and continuing until this Authority and Mandate is terminated by me/us
by giving you notice in writing of not less than 20 ordinary working
and sent by prepaid registered post or delivered to your address as
The individual payment instructions so authorised to be issued must be
issued and delivered as follows: MONTHLY
In the event that the payment day falls on a Sunday, or recognised
South African public holiday, the payment day will automatically be the
ordinary business day.
I / We understand that the withdrawals hereby authorized will be
processed through a computerized system provided by the South African
and I also understand that details of each withdrawal will be printed
on my bank statement. Each transaction will contain a number, which
included in the said payment instruction and if provided to you should
enable you to identify the Agreement. A payment reference is added to
form before the issuing of any payment instruction.
I/We acknowledge that all payment instructions issued by you shall be
treated by my/our above-mentioned Bank as if the instructions have been
issued by me/us personally.
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amounts which you have withdrawn while this Authority was in force, if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.
I/We acknowledge that this Authority may be ceded 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.