The Bank is entitled to Sample Clauses

The Bank is entitled to. 11.24.1 In order to make a decision on credit issuance and/or for performance of the obligations assumed by the client towards the Bank (among them to return the credit), request and receive any kind of personal information stored with third person(s) or at administrative bodies about the client; 11.24.2 For the purpose of performing any assumed obligation, at any time after such obligation is originated, without further approval of the client, write-off the amount (non-accepted method) from any account of the client, including from the available balance of the overdraft and/or credit line. In the event the overdue payment is registered in a currency different from the currency existing in the account, the equivalent shall be determined by the commercial exchange rate established by the Bank at the moment of writing-off the amount by the Bank. 11.24.3 Transfer the payable service fee owed by the client to the National Agency of the Public Registry, Service Agency of the Ministry of Internal Affairs, insurance organization and/or other administrative bodies and/or other kinds of payables related to credit issuance, without the further consent of the client, in a non-accepted method to the account of the respective person from any account of the client; 11.24.4 For the purpose of paying the amount to the person from whom the client purchases an item with the credit issued by the Bank or receives a service, to deduct the relevant amount from any account of the client without the further consent of the client (non-accepted method), if necessary make a conversion, transfer the amount to the GEL account of the client and transfer to the account of the respective person; 11.24.5 Not issue and/or temporarily restrict issuance of credit, if the client and/or the owner of the collateral have legal restrictions, among them tax foreclosure/hypothecation and/or there is any kind of restriction registered to the property of the client and/or collateral (including intangible assets, account(s)). 11.24.6 In case client fails to repay the credit, accrued interest, penalty (if any) to the bank within the agreed term and/or any commission determined by the bank and/or client has any liability owed to the bank, for the purposes to ensure performance of respective liability/liabilities the bank shall: 11.24.6.1 Request to direct enforcement to any property of the client (any item owned by the client and intangible assets, including accounts) disregarding whether the client’s l...
View SourceView Similar (18)
The Bank is entitled to. 10.1.8.1. refuse carrying out of scheduled transfer (settlement) in the event of insufficient funds on the Client’s accounts; 10.1.8.2. refuse carrying out of scheduled transfer (settlement) in cases determined under the current Georgian legislation or in the event of outstanding debt towards the Bank; 10.1.8.3. terminate unilaterally complete or partial scheduled transfer services in the event of termination of contractual relations between the Bank and entity(s) – recipients of the amounts; 10.1.8.4. unilaterally determine through sources disseminated by the Bank (including booklets, brochures, the web page of the Bank, etc.) the rules of notification of the Client on performance of scheduled transfer or complete or partial inability to perform any of such services for the Client.
View SourceView Similar (10)
The Bank is entitled to. 2.2.1. Request any information and documents relating to the Client's activities on the basis of which transaction is carried out (original contracts, agreements, etc., or duly certified copies thereof). 2.2.2. Suspend/put freeze unilaterally on transaction/funds of the Client in cases provided for by the legislation of the KR. 2.2.3. Unilaterally terminate this Agreement in cases provided by the Rules subject to prior notice to the Client one calendar month before the planned closing of the bank account.
View SourceView Similar (2)
The Bank is entitled to. 6.2.1. unilaterally make changes and additions to these Regulations (including in connection with the emergence of new services/feature/RBS opportunities) or to establish new Tariffs of the Bank notifying the Client about it by posting electronic versions of new editions of these documents on the Bank's website: www.keremetbank.kg10 (ten) working days prior to the effective date of these changes or additions have taken effect, except for the amendments caused by requirements of legislation of the Kyrgyz Republic earlier period of entry of which is provided by the normative acts of the Kyrgyz Republic. 6.2.2. at its sole discretion temporarily suspend or restrict the Client's access to the RBS, refuse to provide or resume access to the RBS, refuse to conduct specific transactions or unilaterally out of court completely terminate the provision of remote banking services to the Client: 6.2.2.1. when identifying actions of the Client clearly indicating the presence of malicious intent in order to damage the information systems of the Bank; 6.2.2.2. in case of detection of the facts of violation by the Client of safety rules and conditions of use of RBS stated in these Regulations, also of current legislation of the Kyrgyz Republic; 6.2.2.3. in case of unpaid debts of the Client to the Bank including overdue loans; 6.2.2.4. if the Client violates the terms of these Regulations; 6.2.2.5. if the Client refuses to provide the documents required by the Bank, including the information and/or documents necessary for the proper verification of the Client and the execution of transactions; 6.2.2.6. in other cases stipulated by these Regulations and the legislation of the Kyrgyz Republic. 6.2.3. to unilaterally set and change limits on transactions through the RBS system, establish technical and other restrictions, as well as implement other mechanisms in the system that reduce the risks of Client and the Bank arising from the use of Internet Banking and Mobile Banking, including taking additional organizational and technical measures to improve the level of security in the provision of RBS; 6.2.4. to pause work of RBS system for carrying out procedure of change of the software and carrying out preventive works; 6.2.5. without the consent, without the order and without payment orders of the Client (in the non-acceptance order) to write off funds from the Client's Accounts as a matter of priority: 6.2.5.1. in payment of services and commissions of the Bank and other bank...
View Source
The Bank is entitled to. 3.6.1. require from the Broker a bona fide and timely assistance in the performance of his/her duties in accordance with the terms of the Agreement; 3.6.2. require the Broker to provide accurate and up-to-date information in the relevant section in the MA that corresponds and/or does not contradict the legislation of the Republic of Kazakhstan; 3.6.3. require the Broker to provide up-to-date Documentation that complies with the legislation of the Republic of Kazakhstan; 3.6.4. restrict/terminate the access of the Broker to the MA with further notification of the Broker in any of the following cases: - in case of Broker's violation of information security requirements; - in case of violation by the Broker of any other requirements and assurances in accordance with the Agreement; - in the event of suspension or revocation of the Broker's license; 3.6.5. claim damage as a result of violation of confidentiality/information security requirements by the Broker, as well as in case of malfunction of the Bank's information systems and violation of their security, caused by action or omission of the Broker in accessing the MA. 3.6.6. suspend, return operations on the instruction received, as well as refuse to conduct operations of the Client and/or the Broker in cases and in the manner prescribed by the legislation of the Republic of Kazakhstan, including but not limited to anti-money laundering and combating the financing of terrorism, the financing of spread of weapons of mass destruction, the legislation of foreign states, affecting the Bank, the internal documents of the Bank, acts of international organizations, decisions of courts and other competent authorities of foreign states, as well as in the presence of any sanctions or restrictions imposed by foreign/international/national organizations, including but not limited to the United Nations (UN), Financial Action Task Force on Money Laundering (FATF), authorized bodies of the USA, UK, EU countries in relation to the Client and/or Broker (their representatives), founders (participants), beneficiary owners; 3.6.7. unilaterally withdraw from the Agreement and close the account of the Client and/or the Broker on the grounds and in the manner prescribed by the Law of the Republic of Kazakhstan "On Payments and Payment Systems", the Law of the Republic of Kazakhstan "On Anti-Money Laundering and Counter-Terrorist Financing", internal documents of the Bank, including those regulating the country and sanctions compl...
View Source

Related to The Bank is entitled to

  • Agents Entitled to Act as Lender The agency hereby created shall in no way impair or affect any of the rights and powers of, or impose any duties or obligations upon, an Agent in its individual capacity as a Lender hereunder. With respect to its participation in the Loans and the Letters of Credit, an Agent shall have the same rights and powers hereunder as any other Lender and may exercise the same as though it were not performing the duties and functions delegated to it hereunder, and the term “Lender” or “Lenders” or any similar term shall, unless the context clearly otherwise indicates, include each Agent in its individual capacity. An Agent and its Affiliates may accept deposits from, lend money to, acquire equity interests in and generally engage in any kind of commercial banking, investment banking, trust, financial advisory or other business with Company or any of its Affiliates as if it were not performing the duties specified herein, and may accept fees and other consideration from Company for services in connection with this Agreement and otherwise without having to account for the same to Lenders.

  • Trustee Entitled To Rely Upon any payment or distribution pursuant to this Article 10, the Trustee and the Securityholders shall be entitled to rely (i) upon any order or decree of a court of competent jurisdiction in which any proceedings of the nature referred to in Section 10.02 are pending, (ii) upon a certificate of the liquidating trustee or agent or other Person making such payment or distribution to the Trustee or to the Securityholders or (iii) upon the Representatives for the holders of Senior Indebtedness of the Company for the purpose of ascertaining the Persons entitled to participate in such payment or distribution, the holders of such Senior Indebtedness and other Indebtedness of the Company, the amount thereof or payable thereon, the amount or amounts paid or distributed thereon and all other facts pertinent thereto or to this Article 10. In the event that the Trustee determines, in good faith, that evidence is required with respect to the right of any Person as a holder of Senior Indebtedness of the Company to participate in any payment or distribution pursuant to this Article 10, the Trustee may request such Person to furnish evidence to the reasonable satisfaction of the Trustee as to the amount of such Senior Indebtedness held by such Person, the extent to which such Person is entitled to participate in such payment or distribution and other facts pertinent to the rights of such Person under this Article 10, and, if such evidence is not furnished, the Trustee may defer any payment to such Person pending judicial determination as to the right of such Person to receive such payment. The provisions of Sections 7.01 and 7.02 shall be applicable to all actions or omissions of actions by the Trustee pursuant to this Article 10.

  • Persons Entitled to Benefit of Agreement This Agreement shall inure to the benefit of and be binding upon the parties hereto and their respective successors and the officers and directors and any controlling persons referred to herein, and the affiliates of each Underwriter referred to in Section 7 hereof. Nothing in this Agreement is intended or shall be construed to give any other person any legal or equitable right, remedy or claim under or in respect of this Agreement or any provision contained herein. No purchaser of Securities from any Underwriter shall be deemed to be a successor merely by reason of such purchase.

  • Persons Entitled to Vote at Meetings To be entitled to vote at any meeting of Holders of Securities of any series, a Person shall be (1) a Holder of one or more Outstanding Securities of such series, or (2) a Person appointed by an instrument in writing as proxy for a Holder or Holders of one or more Outstanding Securities of such series by such Holder or Holders. The only Persons who shall be entitled to be present or to speak at any meeting of Holders of Securities of any series shall be the Persons entitled to vote at such meeting and their counsel, any representatives of the Trustee and its counsel and any representatives of the Company and its counsel.

  • SUCCESSORS; PERSONS ENTITLED TO BENEFIT OF AGREEMENT This Agreement shall inure to the benefit of and be binding upon the several Underwriters, the Company and their respective successors and assigns. Nothing expressed or mentioned in this Agreement is intended or shall be construed to give any person, other than the persons mentioned in the preceding sentence, any legal or equitable right, remedy or claim under or in respect of this Agreement, or any provisions herein contained, this Agreement and all conditions and provisions hereof being intended to be and being for the sole and exclusive benefit of such persons and for the benefit of no other person; except that the representations, warranties, covenants, agreements and indemnities of the Company contained in this Agreement shall also be for the benefit of the Underwriter Indemnified Parties, and the indemnities of the several Underwriters shall be for the benefit of the Company Indemnified Parties. It is understood that each Underwriter’s responsibility to the Company is solely contractual in nature and the Underwriters do not owe the Company, or any other party, any fiduciary duty as a result of this Agreement. No purchaser of any of the Stock from any Underwriter shall be deemed to be a successor or assign by reason merely of such purchase.