Splend may, in its absolute discretion, offer the Customer aPaymentHolidayperiod.
The Customer may, after 6 months from the Commencement Date, claim a Payment Holiday period of 4 weeks anytime during the next 6-month period and will be entitled to a further 4 weeks payment holiday on each 12-month anniversary thereafter.
During thePaymentHolidayperiod, no weekly subscription payments will be required to be made but the length of the PaymentHoliday will be added to the duration of the Agreement.
During the Payment Holiday the vehicle is not permitted to be driven more than 100 miles within a single week and must be used for personal reasons only.
If the vehicle is driven more than 100 miles the Payment Holiday will be revoked, and the weekly invoice will be immediately due
During the term of this agreement, if notice supplied within the term, the utilised holiday period will be added to the minimum notice period
The Weekly Subscription Payment to be paid upon resumption after anyPaymentHolidayis the next scheduled amount which was due to be paid prior to the commencement of thePaymentHoliday.
PaymentHolidays apply from Monday to Sunday of a week.
Payment Holidays can only be taken in weekly increments and not days.
Payment Holiday allowance cannot be carried over to the following 12 months.
The PaymentHoliday does not include any miles or ancillary charges. Any miles or ancillary charges incurred during this period will be include in the next scheduled payment.
PaymentHoliday requests must be made at least 1 week before the paymentholiday week is due to begin.
Payment Holidays must be cancelled at least 1 week before the payment holiday week is due to begin.
Cancellation notice for the agreement cannot be provided during the Payment Holiday.