Right of Withdrawal from the Agreement Sample Clauses

Right of Withdrawal from the Agreement. 13.1. The Customer does not have the right, to unilaterally, without stating the reason, withdraw from the Agreement in accordance with the Law of Georgia On the Protection of Consumer Rights; 13.2. Notwithstanding the Subparagraph 13.1. of this Annex No. 1, in case (1) the Customer is a natural person, (2) the Overdraft Agreement is executed with the personal (non-commercial) purpose, (3) the Overdraft Agreement is an Agreement Concluded Outside of Place of Business, and (4) the Customer’s obligation to the Bank under the Overdraft Agreement is secured with immovable property, the Customer has the right to withdraw from the Overdraft Agreement in accordance with the Law of Georgia On the Protection of Consumer Rights (except for the cases specified in Paragraphs 13.3 and 13.4. of this Annex No. 1) on the following conditions: 13.2.1. The Customer has the right, without indicating any grounds, to withdraw from the Overdraft Agreement within 14 (fourteen) calendar days from the conclusion/signing of the Overdraft Agreement; 13.2.2. The Customer shall submit a statement to the Bank at any of the Service Centers of the Bank within the term specified in the Subparagraph 13.2.1 of this Annex No. 1, which reflects the Customer’s decision to withdraw from the Overdraft Agreement. The Customer shall bear the burden of proof on exercising the right to withdraw from the Overdraft Agreement within the specified term; 13.2.3. A statement of withdrawal from the Overdraft Agreement shall state: 13.2.3.1. A date of signing the Overdraft Agreement; 13.2.3.2. Number of the Overdraft Agreement (if any); 13.2.3.3. Name and surname of the Customer; 13.2.3.4. Legal address of the Customer; 13.2.3.5. Signature of the Customer; 13.2.3.6. Date of writing the statement. 13.3. Notwithstanding the provision of the Paragraph 13.2 of this Annex No. 1, the Customer has no right to withdraw from the Overdraft Agreement if: 13.3.1. The Customer has started to use the Credit Amount; or 13.3.2. The Overdraft Agreement stipulates that the Interest depends on changes on the financial market (including but not limited to changes in the value of the index used to form the Interest), which the Bank cannot control and the change on the financial market occurred during the term set for exercising the right to withdraw from the Overdraft Agreement, as specified in Paragraph 13.2 of this Annex No. 1. 13.4. Notwithstanding the provision of the Paragraph 13.2 of this Annex No. 1, if for any reason (i...
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Right of Withdrawal from the Agreement. 13.1. The Customer does not have the right, to unilaterally, without stating the reason, withdraw from the Agreement in accordance with the Law of Georgia On the Protection of Consumer Rights; 13.2. Notwithstanding the Subparagraph 13.1. of this Annex No. 1, in case (1) the Customer is a natural person, (2) the Credit Agreement is executed with the personal (non-commercial) purpose, (3) the Credit Agreement is an Agreement Concluded Outside of Place of Business, and (4) the Customer’s obligation to the Bank under the Credit Agreement is secured with immovable property, the Customer has the right to withdraw from the Credit Agreement in accordance with the Law of Georgia On the Protection of Consumer Rights (except for the cases specified in Paragraphs 13.3 and
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Right of Withdrawal from the Agreement. 8.1. The Consumer may withdraw from the Agreement without giving any reason by submitting a statement to that effect within 14 days via the Account. To meet this deadline, it is sufficient to send the statement before it expires. 8.2. The Consumer may formulate the statement oneself or use the model statement of withdrawal from the Agreement, which is attached hereto as Appendix No. 1. 8.3. The 14-day period is counted from the date on which the Agreement was concluded. 8.4. The Company, upon receipt of the Consumer’s statement of withdrawal from the Agreement, will send an acknowledgement of receipt of the statement of withdrawal to the Consumer’s email address. 8.5. If, at the express request of the Consumer, performance of the Service is to begin before the expiration of the deadline for withdrawal from the Agreement, the Company requires the Consumer to make an express statement containing such a request. 8.6. The Consumer’s right to withdraw from the Agreement is not applicable in certain cases, including when Services have been fully performed by the Company with the Consumer’s express consent, when the Consumer was informed prior to the start of the Service that, upon completion, they will forfeit their right to withdraw from the Agreement. 8.7. The Company shall promptly, but no later than within 14 days from the date of receipt of the Consumer’s statement of withdrawal from the Agreement, return to the Consumer all payments made by them. The Company shall refund the payment using the same method of payment used by the Consumer, unless the Consumer agrees to a different method of refund, which shall not involve any cost to the Consumer.
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Right of Withdrawal from the Agreement. 13.1. The Customer does not have the right, to unilaterally, without stating the reason, withdraw from the Agreement in accordance with the Law of Georgia On the Protection of Consumer Rights; 13.2. Notwithstanding the Subparagraph 13.1. of this Annex No. 1, in case (1) the Customer is a natural person, (2) the Credit Agreement is executed with the personal (non-commercial) purpose, (3) the Credit Agreement is an Agreement Concluded Outside of Place of Business, and (4) the Customer’s obligation to the Bank under the Credit Agreement is secured with immovable property, the Customer has the right to withdraw from the Credit Agreement in accordance with the Law of Georgia On the Protection of Consumer Rights (except for the cases specified in Paragraphs 13.3 and 13.4. of this Annex No. 1) on the following conditions: 13.2.1. The Customer has the right, without indicating any grounds, to withdraw from the Credit Agreement within 14 (fourteen) calendar days from the conclusion/signing of the Credit Agreement. 13.2.2. The Customer shall submit a statement to the Bank at any of the Service Centers of the Bank within the term specified in the Subparagraph 13.2.1 of this Annex No. 1, which reflects the Customer’s decision to withdraw from the Credit Agreement. The Customer shall bear the burden of proof on exercising the right to withdraw from the Credit Agreement within the specified term; 13.2.3. A statement of withdrawal from the Credit Agreement shall state: 13.2.3.1. A date of signing the Credit Agreement; 13.2.3.2. Number of the Credit Agreement (if any); 13.2.3.3. Name and surname of the Customer; 13.2.3.4. Legal address of the Customer; 13.2.3.5. Signature of the Customer;
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Related to Right of Withdrawal from the Agreement

  • Right of withdrawal If you are a consumer, you have the right to withdraw from the User Agreement without giving any reason and without penalty within 14 days of your account being opened. To do so, you must, within these 14 days, follow the process to close your account which will end the User Agreement. PayPal thinks consumers should have the choice to use our services or not so we don’t lock you into a contract. This is why, in addition to these mandatory rights, even after 14 days, you can end your agreement by closing your account. By making use of our services during the 14-day withdrawal period you require our services to be provided before the end of the 14-day right of withdrawal period. You will have to pay fees for the services you used (including during the 14-day withdrawal period) up until you close your account and withdraw your balance, if any. All pending transactions will be cancelled when you close your account. See the section “Closing your PayPal account” in the User Agreement for more details.

  • Effect of Withdrawal The Company shall not be dissolved by the dissolution or other event of withdrawal of a Member if any Member remains to carry on the business of the Company.

  • Notice of Withdrawal We reserve the right to require not less than 7 days' notice in writing before each withdrawal from an interest-bearing account other than a time deposit, or from any other savings account as defined by Regulation D. (The law requires us to reserve this right, but it is not our general policy to use it.) Withdrawals from a time account prior to maturity or prior to any notice period may be restricted and may be subject to penalty. See your notice of penalty for early withdrawal.

  • Termination of the Agreement In the event of failure by the participant to perform any of the obligations arising from the agreement, and regardless of the consequences provided for under the applicable law, the institution is legally entitled to terminate or cancel the agreement without any further legal formality where no action is taken by the participant within one month of receiving notification by registered letter. If the participant terminates the agreement before its agreement ends or if he/she fails to follow the agreement in accordance with the rules, he/she shall have to refund the amount of the grant already paid, except if agreed differently with the sending organisation. In case of termination by the participant due to "force majeure", i.e. an unforeseeable exceptional situation or event beyond the participant's control and not attributable to error or negligence on his/her part, the participant shall be entitled to receive at least the amount of the grant corresponding to the actual duration of the mobility period. Any remaining funds shall have to be refunded, except if agreed differently with the sending organisation.

  • Procedure Upon Termination of Trust Fund (a) Notice of any termination pursuant to the provisions of Section 7.01, specifying the Distribution Date upon which the final distribution shall be made, shall be given promptly by the Trustee by first class mail to Certificateholders mailed upon (x) the sale of all of the property of the Trust Fund by the Trustee pursuant to Section 7.01(b) or (y) upon the final payment or other liquidation of the last Mortgage Loan or REO Property in the Trust Fund. Such notice shall specify (A) the Distribution Date upon which final distribution on the Certificates of all amounts required to be distributed to Certificateholders pursuant to Section 5.02 will be made upon presentation and surrender of the Certificates at the Corporate Trust Office, and (B) that the Record Date otherwise applicable to such Distribution Date is not applicable, distribution being made only upon presentation and surrender of the Certificates at the office or agency of the Trustee therein specified. The Trustee shall give such notice to the Master Servicer and the Certificate Registrar at the time such notice is given to Holders of the Certificates. Upon any such termination, the duties of the Certificate Registrar with respect to the Certificates shall terminate and the Trustee shall terminate or request the Master Servicer to terminate, the Collection Account it maintains, the Certificate Account and any other account or fund maintained with respect to the Certificates, subject to the Trustee’s obligation hereunder to hold all amounts payable to Certificateholders in trust without interest pending such payment. (b) In the event that all of the Holders do not surrender their Certificates for cancellation within three months after the time specified in the above mentioned written notice, the Trustee shall give a second written notice to the remaining Certificateholders to surrender their Certificates for cancellation and receive the final distribution with respect thereto. If within one year after the second notice any Certificates shall not have been surrendered for cancellation, the Trustee may take appropriate steps to contact the remaining Certificateholders concerning surrender of such Certificates, and the cost thereof shall be paid out of the amounts distributable to such Holders. If within two years after the second notice any Certificates shall not have been surrendered for cancellation, the Trustee shall, subject to applicable state law relating to escheatment, hold all amounts distributable to such Holders for the benefit of such Holders. No interest shall accrue on any amount held by the Trustee and not distributed to a Certificateholder due to such Certificateholder’s failure to surrender its Certificate(s) for payment of the final distribution thereon in accordance with this Section. (c) Any reasonable expenses incurred by the Trustee in connection with any termination or liquidation of the Trust Fund shall be reimbursed from proceeds received from the liquidation of the Trust Fund.