I, with the above stated details, agree that Capital Box Asset Finance (Pty) Ltd (“CBAF”) may make inquiries to confirm any information provided by the Company and that CBAF may verify the information and obtain additional information from a registered credit bureau, when assessing the information provided herein. I authorise CBAF to conduct a credit report on the company, and warrant that all the directors and/or members have consented to the Company instructing CBAF to conduct the credit enquiry on the Company and that the Director and/or Members acknowledges that the enquiry will include an inquiry into the Director and/or Member’s credit profile. I further warrant that the Directors and/or members authorise CBAF to obtain the credit information on the Directors and/or Members and that the Company has the consents as stated herein, in writing. In the event of CBAF being required to do an account verification check to verify that banking details provided, are correct, or to enquire with the Company’s banker to obtain its opinion with regards to lending amounts and lending terms applicable to the Company, I hereby authorise such an enquiry. We furthermore consent to CBAF submitting our information, including payment profile and default information and any other relevant information, to a registered credit bureau and to allow a registered credit bureau to release the information for lawful purposes to third parties.

I furthermore warrant that all information supplied to CBAF is to the best of my knowledge true and correct, that I am not aware of any other information that would affect the credit application of the Company in any way and that I am authorised to sign this document.

The Company hereby indemnifies CBAF and holds it harmless against any claim, loss or expense arising out of or in connection with or which may be sustained or incurred by CBAF as a direct consequence of any claim by any third party arising from the use of the equipment. The Company specifically also indemnifies and holds CBAF harmless against any claims, loss or expenses (including consequential damages, loss of revenue and profits and costs) arising out of or in connection with or which may be sustained or incurred by CBAF as a consequence of any breach of any of the implied warranties in respect of the equipment contemplated by the Consumer Protection Act 68 of 2008 (“CPA”) or any liability imposed under section 61 of the CPA, in either event insofar as it applies to any equipment supplied by the Company to CBAF. This indemnity is limited only to the extent that the claim, loss or expense may be directly attributable to any act or omission by CBAF.

Where any claim that is covered by the above indemnity is instituted against CBAF, CBAF shall immediately notify the Company in writing and CBAF may require the Company to repurchase the equipment to which such claim relates, immediately on demand and against its full replacement value as at the time of the institution of the claim against CBAF.