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Notice of Cancellation for Non-Payment - Template Form

✓ Designed for use in Nigeria

Create your Notice of Cancellation for Non-Payment for use in Nigeria. Answer a few plain-English questions and the document fills in automatically as you go - then download it in Word and PDF, ready to sign or share.

  • Answer 24 simple questions - the document fills in as you go
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Below you can preview the Notice of Cancellation for Non-Payment, complete it by answering a few plain-English questions, and download a ready-to-sign copy in Word and PDF - tailored for use in Nigeria.

What the Notice of Cancellation for Non-Payment includes

This template is organised into the following sections:

Frequently asked questions

What is a Notice of Cancellation for Non-Payment?

A Notice of Cancellation for Non-Payment is a ready-to-use legal template for Nigeria. You complete it by answering a few plain-English questions, then download the finished document in Word and PDF.

What does the Notice of Cancellation for Non-Payment cover?

The Notice of Cancellation for Non-Payment is organised into sections covering Introduction, Particulars of the Goods, Outstanding Sum, Cancellation of the Order, Reinstatement of the Order, so the important points are captured in a clear, consistent structure.

What formats can I download?

You can download your completed Notice of Cancellation for Non-Payment as an editable Microsoft Word (.docx) file and as a PDF.

Can I edit the document later?

Yes - save it to your account and you can re-open, edit and re-download it at any time.

Is a Notice of Cancellation for Non-Payment legally binding?

Once it is properly completed and signed by everyone involved, a Notice of Cancellation for Non-Payment is generally legally binding in Nigeria, provided it meets the legal requirements that apply to this type of document.

What laws apply to a Notice of Cancellation for Non-Payment in Nigeria?

A Notice of Cancellation for Non-Payment should comply with the laws in force in Nigeria. This template is built around the provisions such situations commonly require, but the rules can vary by region and change over time, so check the current requirements for your case.

Do I need a lawyer to use a Notice of Cancellation for Non-Payment?

For most standard situations you can complete the Notice of Cancellation for Non-Payment yourself using the guided questionnaire. For high-value, unusual or high-risk matters, it is sensible to have a qualified lawyer review the finished document.

How do I sign the Notice of Cancellation for Non-Payment?

Download the completed Notice of Cancellation for Non-Payment as Word or PDF and sign it as required in Nigeria. Depending on the document this may involve a handwritten or electronic signature, and some documents also need witnesses.

Is the Notice of Cancellation for Non-Payment free?

You can preview the Notice of Cancellation for Non-Payment and fill it in for free. A one-time fee applies only when you download the finished, ready-to-sign document in Word and PDF.

How long does it take to complete a Notice of Cancellation for Non-Payment?

Most people finish the Notice of Cancellation for Non-Payment in just a few minutes by answering the plain-English questions. You can save your progress and come back to it at any time.

Prepared and reviewed by the LegalDocs team.

Document preview

________
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________
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Ref: ________

________

________
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Dear Sir/Madam,

RE: NOTICE OF CANCELLATION OF ORDER FOR NON-PAYMENT — ORDER REFERENCE NO. ________

§1. Introduction. We write with reference to the order placed by you with ________ (the “Seller”) on ________ for the supply of the goods particularised below (the “Order”).

§2. Particulars of the Goods. The Order comprised the following goods (the “Goods”):

________

§3. Outstanding Sum.

  1. The total contract price payable in respect of the Order is the sum of ₦________ (________).
  2. As at the date of this letter, the outstanding and unpaid sum due from you to the Seller is ₦________ (________) (the “Outstanding Sum”).
  3. Payment of the Outstanding Sum fell due on or before ________, and the same remains wholly unpaid.

§5. Reinstatement of the Order.

  1. Should you wish the Order to be reinstated, you must first effect full payment of the Outstanding Sum.
  2. Payment shall be made by ________ into the following account: Account Name: ________; Bank: ________; Account Number: ________.
  3. Any payment made in cash of N5,000,000.00 or above (in the case of an individual) or N10,000,000.00 or above (in the case of a body corporate) shall, where applicable, be reported in accordance with the Money Laundering (Prevention and Prohibition) Act 2022.
  4. Reinstatement of the Order shall be at the sole discretion of the Seller and subject to the availability of the Goods at the material time.

§7. Enquiries. If you wish to discuss this matter, settle the Outstanding Sum, or make any enquiry concerning the Order, please contact the undersigned by telephone on ________ or by email at ________.

§8. Governing Law. This letter and any dispute arising from or in connection with the Order shall be governed by and construed in accordance with the laws of the Federal Republic of Nigeria.

We thank you for your understanding and prompt attention to this matter, and we look forward to continuing our business relationship upon settlement of the Outstanding Sum.

Yours faithfully,



_________________________
________
________
For and on behalf of ________

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Fields you complete are inserted into the document live. This template is general guidance only - not legal advice.