What is default fees?
24 Default Fees in Seller Agreement
- If the Seller cancels or rejects the fulfillment of an Order contrary to any provisions prescribed by the Seller Agreement, the Seller shall be subject to an amount of Default Fee.
- Lazada reserves the right, without any prior notice, to deduct applicable Default Fee from the Seller account balance. Lazada also reserves the right to temporarily deactivate the Seller or SKUs on the Platform of Lazada for a definite term or indefinite term depending on the default of the Seller. The reactivation of the Seller’s Account or SKUs shall be at the sole discretion of Lazada. Lazada reserves the right, at its sole discretion, to update the Default Fees, subject to the provisions of the General Terms and Conditions