Common use of Obligations and Liabilities Clause in Contracts

Obligations and Liabilities. 8.1. The Bank may refuse or suspend (following its own claims) the fulfillment of any obligation assumed toward the Customer, even if the respective claims are conditional, undue or unrelated to these obligations, without incurring contractual liability toward the Customer in any way. 8.2. The Bank may temporarily suspend any legal relation, any instruction issued by the Customer or any transaction ordered by the latter, for reasons caused by the Customer’s fault toward the Bank or for reasons regulated by legal / judiciary / extra-judiciary provisions, regarding any of the products or services provided by the Bank to the Customer within the business relationship or assimilated thereto. 8.3. In order to examine the documents submitted by the Customer, the Bank shall request, on the Customer expenses, legalized translations into Romanian of documents submitted in a foreign language. In order to be taken into consideration by the Bank, the documents issued by foreign authorities / legal entities shall be subject to a supra-legalization / apostille procedure, in order to become effective in Romania. 8.4. The Bank, if it considers it useful, may undertake, either directly or by third parties, as counterparties, regarding the total or partial execution of orders, provisions and instructions entrusted to it. If the Bank undertakes via third parties, the responsibility shall be limited only regarding their selection. 8.5. If the Bank must examine upon the Customer’s order the authenticity, validity, legal nature or completeness of the received documents or of the documents to be released, including their translations, the Bank shall be held liable only for a severe fault or intent set in a final manner by a court of law. 8.6. The Customers may request and receive from the Bank assistance and consultancy, only following the express commitment of the Bank, expressed after the Customer’s request. The provision of such services to the Customers does not incur the liability of the Bank, unless in case of a serious fault or intent set finally by a court of law. 8.7. Unless otherwise expressly agreed in writing, the Bank does not undertake, on behalf of its Customer, the obligation to provide administrative services of any type, others than those mentioned in these General Business Conditions. Particularly, the Bank shall not be obligated (without a special prior approval in this respect) to inform the Customer about any loss triggered by the modifications of the market quotations, about the value or depreciation of the assets deposited or about any facts that may prejudice or damage the value of such assets. 8.8. The Customer cannot oppose to the Bank in any way whatsoever the agreements concluded with third parties. 8.9. Acceptance by the Bank of any payment made by a third party instead of the Customer does not constitute and can not be considered as an acceptance of the Bank for the debt taking over by that third party.

Obligations and Liabilities. 8.1. The Bank may refuse or suspend (following its own claims) the fulfillment of any obligation assumed toward the Customer, even if the respective claims are conditional, undue or unrelated to these obligations, without incurring contractual liability toward the Customer in any way. 8.2. The Bank may temporarily suspend any legal relation, any instruction issued by the Customer or any transaction ordered by the latter, for reasons caused by the Customer’s fault toward the Bank or for reasons regulated by legal / judiciary / extra-judiciary provisions, regarding any of the products or services provided by the Bank to the Customer within the business relationship or assimilated thereto. 8.3. In order to examine the documents submitted by the Customer, the Bank shall request, on the Customer expenses, legalized translations into Romanian of documents submitted in a foreign language. In order to be taken into consideration by the Bank, the documents issued by foreign authorities / legal entities shall be subject to a supra-legalization / apostille procedure, in order to become effective in Romania. 8.4. The Bank, if it considers it useful, may undertake, either directly or by third parties, as counterparties, regarding the total or partial execution of orders, provisions and instructions entrusted to it. If the Bank undertakes via third parties, the responsibility shall be limited only regarding their selection. 8.5. If the Bank must examine upon the Customer’s order the authenticity, validity, legal nature or completeness of the received documents or of the documents to be released, including their translations, the Bank shall be held liable only for a severe fault or intent set in a final manner by a court of law.be 8.6. The Customers may request and receive from the Bank assistance and consultancy, only following the express commitment of the Bank, expressed after the Customer’s request. The provision of such services to the Customers does not incur the liability of the Bank, unless in case of a serious fault or intent set finally by a court of law. 8.7. Unless otherwise expressly agreed in writing, the Bank does not undertake, on behalf of its Customer, the obligation to provide administrative services of any type, others than those mentioned in these General Business Conditions. Particularly, the Bank shall not be obligated (without a special prior approval in this respect) to inform the Customer about any loss triggered by the modifications of the market quotations, about the value or depreciation of the assets deposited or about any facts that may prejudice or damage the value of such assets. 8.8. The Customer cannot oppose to the Bank in any way whatsoever the agreements concluded with third parties. 8.9. Acceptance by the Bank of any payment made by a third party instead of the Customer does not constitute and can not be considered as an acceptance of the Bank for the debt taking over by that third party.

Obligations and Liabilities. 8.1. The Bank may refuse or suspend (following its own claims) the fulfillment of any obligation assumed toward the Customer, even if the respective claims are conditional, undue or unrelated to these obligations, without incurring contractual liability toward the Customer in any way. 8.2. The Bank may temporarily suspend any legal relation, any instruction issued by the Customer or any transaction ordered by the latter, for reasons caused by the Customer’s fault toward the Bank or for reasons regulated by legal / judiciary / extra-judiciary provisions, regarding any of the products or services provided by the Bank to the Customer within the business relationship or assimilated thereto.judiciary 8.3. In order to examine the documents submitted by the Customer, the Bank shall request, on the Customer expenses, legalized translations into Romanian of documents submitted in a foreign language. In order to be taken into consideration by the Bank, the documents issued by foreign authorities / legal entities shall be subject to a supra-legalization / apostille procedure, in order to become effective in Romania. 8.4. The Bank, if it considers it useful, may undertake, either directly or by third parties, as counterparties, regarding the total or partial execution of orders, provisions and instructions entrusted to it. If the Bank undertakes via third parties, the responsibility shall be limited only regarding their selection. 8.5. If the Bank must examine upon the Customer’s order the authenticity, validity, legal nature or completeness of the received documents or of the documents to be released, including their translations, the Bank shall be held liable only for a severe fault or intent set in a final manner by a court of law. 8.6. The Customers may request and receive from the Bank assistance and consultancy, only following the express commitment of the Bank, expressed after the Customer’s request. The provision of such services to the Customers does not incur the liability of the Bank, unless in case of a serious fault or intent set finally by a court of law. 8.7. Unless otherwise expressly agreed in writing, the Bank does not undertake, on behalf of its Customer, the obligation to provide administrative services of any type, others than those mentioned in these General Business Conditions. Particularly, the Bank shall not be obligated (without a special prior approval in this respect) to inform the Customer about any loss triggered by the modifications of the market quotations, about the value or depreciation of the assets deposited or about any facts that may prejudice or damage the value of such assets.the 8.8. The Customer cannot oppose to the Bank in any way whatsoever the agreements concluded with third parties. 8.9. Acceptance by the Bank of any payment made by a third party instead of the Customer does not constitute and can not be considered as an acceptance of the Bank for the debt taking over by that third party.

Obligations and Liabilities. 8.1. The Bank may refuse or suspend (following its own claims) the fulfillment of any obligation assumed toward the Customer, even if the respective claims are conditional, undue or unrelated to these obligations, without incurring contractual liability toward the Customer in any way. 8.2. The Bank may temporarily suspend any legal relation, any instruction issued by the Customer or any transaction ordered by the latter, for reasons caused by the Customer’s fault toward the Bank or for reasons regulated by legal / judiciary / extra-judiciary provisions, regarding any of the products or services provided by the Bank to the Customer within the business relationship or assimilated thereto.services 8.3. In order to examine the documents submitted by the Customer, the Bank shall request, on the Customer expenses, legalized translations into Romanian of documents submitted in a foreign language. In order to be taken into consideration by the Bank, the documents issued by foreign authorities / legal entities shall be subject to a supra-legalization / apostille procedure, in order to become effective in Romania. 8.4. The Bank, if it considers it useful, may undertake, either directly or by third parties, as counterparties, regarding the total or partial execution of orders, provisions and instructions entrusted to it. If the Bank undertakes via third parties, the responsibility shall be limited only regarding their selection. 8.5. If the Bank must examine upon the Customer’s order the authenticity, validity, legal nature or completeness of the received documents or of the documents to be released, including their translations, the Bank shall be held liable only for a severe fault or intent set in a final manner by a court of law. 8.6. The Customers may request and receive from the Bank assistance and consultancy, only following the express commitment of the Bank, expressed after the Customer’s request. The provision of such services to the Customers does not incur the liability of the Bank, unless in case of a serious fault or intent set finally by a court of law. 8.7. Unless otherwise expressly agreed in writing, the Bank does not undertake, on behalf of its Customer, the obligation to provide administrative services of any type, others than those mentioned in these General Business Conditions. Particularly, the Bank shall not be obligated (without a special prior approval in this respect) to inform the Customer about any loss triggered by the modifications of the market quotations, about the value or depreciation of the assets deposited or about any facts that may prejudice or damage the value of such assets., 8.8. The Customer cannot oppose to the Bank in any way whatsoever the agreements concluded with third parties. 8.9. Acceptance by the Bank of any payment made by a third party instead of the Customer does not constitute and can not be considered as an acceptance of the Bank for the debt taking over by that third party.