Common use of The Client undertakes Clause in Contracts

The Client undertakes. 6.1. When opening, processing, and closing the Account, to submit the required documents to the Institution, confirming the right of the Client or the Client’s representative to manage the Client’s Account and the funds therein. 6.2. To pay to the Institution a standard fee for the services rendered and transactions executed by the Institution, which the Institution has the right to deduct from the Account on the day the operation is executed. If, on the day of the transaction, the Account does not have sufficient funds to deduct the Institution’s fee, the Client agrees that the fee for the executed transaction or rendered services will be deducted on any other day when the balance of the Client’s Account is sufficient. 6.3. To ensure that the Account has sufficient funds to execute the payment order and to pay for services rendered and payments executed. If the Account does not have sufficient funds for the payment for the services rendered and transactions executed, the Client agrees, and the Institution is entitled to deduct this fee from other accounts of the Client at the Institution. 6.4. In the event of any change in the data provided to the Institution by the Client (name, surname, name of legal entity, residence or registration address, registration data, persons authorized to manage the funds of the Account or their data or other information previously provided to the Institution), to immediately, but not later than within 3 (three) working days, report this to the Institution and provide supporting documents. The Client, having failed to properly fulfill the obligations provided for in this clause, is solely responsible for all the consequences arising therefrom. 6.5. To immediately notify the Institution of incorrectly credited or debited funds, as well as other mistaken transactions of the Account. In the event of insufficient funds to debit the amounts incorrectly credited to the Account, the Client unconditionally undertakes within 3 (three) business days from the day of reception the request from the Institution to return the incorrectly credited funds to the Institution. 6.6. To ensure that the use of the Account does not violate the requirements of the agreements concluded between the Institution and the Client and the legal acts, as well as that the funds contained in the Account are not used for illicit purposes or would result from illegal activity. 6.7. Use the Account in accordance with the terms and conditions of its use, ensure the security and confidentiality of the Account and login data, and take active steps to prevent Account and its login data from being used by unauthorized third parties. 6.8. Upon becoming aware of the unauthorized use of the Account and/or access to the Account or its login data, as well as the evidence or suspicions that such information has become known to third parties, the Client shall immediately, but not later than within 1 (one) business day, notify the Institution or the entity designated by it.

The Client undertakes. 6.11. When opening, processing, and closing the Account, to submit the required documents to the Institution, confirming the right of the Client or the Client’s representative to manage the Client’s Account and the funds therein. 6.22. To pay to the Institution a standard fee for the services rendered and transactions executed by the Institution, which the Institution has the right to deduct from the Account on the day the operation is executed. If, on the day of the transaction, the Account does not have sufficient funds to deduct the Institution’s fee, the Client agrees that the fee for the executed transaction or rendered services will be deducted on any other day when the balance of the Client’s Account is sufficient. 6.33. To ensure that the Account has sufficient funds to execute the payment order and to pay for services rendered and payments executed. If the Account does not have sufficient funds for the payment for the services rendered and transactions executed, the Client agrees, and the Institution is entitled to deduct this fee from other accounts of the Client at the Institution. 6.44. In the event of any change in the data provided to the Institution by the Client (name, surname, name of legal entity, residence or registration address, registration data, persons authorized to manage the funds of the Account or their data or other information previously provided to the Institution), to immediately, but not later than within 3 (three) working days, report this to the Institution and provide supporting documents. The Client, having failed to properly fulfill fulfil the obligations provided for in this clause, is solely responsible for all the consequences arising therefrom. ▇▇▇.▇▇▇▇▇▇.▇▇▇ 6.55. To immediately notify the Institution of incorrectly credited or debited funds, as well as other mistaken transactions of the Account. In the event of insufficient funds to debit the amounts incorrectly credited to the Account, the Client unconditionally undertakes within 3 (three) business days from the day of reception the request from the Institution to return the incorrectly credited funds to the Institution. 6.66. To ensure that the use of the Account does not violate the requirements of the agreements concluded between the Institution and the Client and the legal acts, as well as that the funds contained in the Account are not used for illicit purposes or would result from illegal activity. 6.77. Use the Account in accordance with the terms and conditions of its use, ensure the security and confidentiality of the Account and login data, and take active steps to prevent Account and its login data from being used by unauthorized third parties. 6.88. Upon becoming aware of the unauthorized use of the Account and/or access to the Account or its login data, as well as the evidence or suspicions that such information has become known to third parties, the Client shall immediately, but not later than within 1 (one) business day, notify the Institution or the entity designated by it.