The applicant and respondent are both registered companies in the business of Information and Communication Technologies (ICT) Services. From around 2011, the applicant supplied the respondent with computer equipment and the respondent made payments on presentation of invoices. However, the respondent failed to pay for two invoices: invoice no. 2130 dated 30 September 2011 and invoice no. 2318 dated 3 February 2012. The respondent signed an acknowledgement of debt on 29 January 2014 in the sum of US$146,616.31 for these two invoices, agreeing to clear the debt in 6 equal monthly instalments of US$24,136.05 starting from 14 February 2014. The respondent only paid a total of US$26,700.00 between 5 March 2014 and 1 October 2014, failing to pay the balance of US$119,916.31. The applicant issued summons on 4 February 2015 claiming the balance, and the respondent entered an appearance to defend. The applicant then applied for summary judgment.