Common use of Amendments to Request Clause in Contracts

Amendments to Request. 9.1 If the Customer wishes to amend the contents of the request after the remittance entrustment contract has been entered into, such amendments shall be processed according to the following procedures by way of Fax Banking or other way as prescribed by the Bank; provided, however, amendment might not be allowed depending on the contents or the timing of such request for the amendment. In addition, any amendment to the remittance amount shall be handled according to the unwinding (kumimodoshi) procedures provided for in Article 10 (Unwinding (kumimodoshi)). (i) When requesting an amendment, the Customer shall submit to the Bank by fax transmission, a request form for amendment (including foreign currency Yen clearing and account transfer) as prescribed by the Bank (the “Overseas Remittance Amendment Request Form”) with the name and signature or seal which are identical to those used on the Overseas Remittance Request Form, along a the copy of the Overseas Remittance Request Form and documents as prescribed and required by the Bank. In such a case, the Bank may request the Customer to submit identity verification documents as prescribed by the Bank. In addition, when a Demand Draft has been issued to the Customer, such Demand Draft shall also be submitted. (ii) The Bank shall, in accordance with the Overseas Remittance Amendment Request Form, implement the necessary procedures for amendment such as issuing an amendment instruction by using Banks Concerned and communication methods considered appropriate by the Bank. 9.2 When the Bank makes the amendment after verifying, with reasonable care, that the seal (or signature) used on the Overseas Remittance Amendment Request Form matches with the one which was used on the Overseas Remittance Request Form, the Bank shall not be responsible for any damages caused thereby. 9.3 The amendments provided for in this Article may not be implemented due to reasons such as refusal to make amendments by the Banks Concerned, legal and regulatory restrictions and actions taken by the government, courts or other public authorities. If the amendment cannot be made and an unwinding (kumimodoshi) is to be processed, the unwinding (kumimodoshi) procedures provided for in Article 10 (Unwinding (kumimodoshi)) shall be implemented.

Appears in 3 contracts

Samples: Corporate Account Terms and Conditions, Corporate Account Terms and Conditions, Corporate Account Terms and Conditions

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Amendments to Request. 9.1 If the Customer wishes to amend the contents of the request after the remittance entrustment contract has been entered into, such amendments shall be processed according to the following procedures by way of Fax Banking or other way as prescribed by the Bank; provided, however, amendment might not be allowed depending on the contents or the timing of such request for the amendment. In addition, any amendment to the remittance amount shall be handled according to the unwinding (kumimodoshi) procedures provided for in Article 10 (Unwinding (kumimodoshi)). (i) When requesting an amendment, the Customer shall submit to the Bank by fax transmission, a request form for amendment (including foreign currency Yen clearing and account transfer) as prescribed by the Bank (the “Overseas Remittance Amendment Request Form”) with the name and signature or seal which are identical to those used on the Overseas Remittance Request Form, along a the copy of the Overseas Remittance Request Form and documents as prescribed and required by the Bank. In such a case, the Bank may request the Customer to submit identity verification documents as prescribed by the Bank. In addition, when a Demand Draft has been issued to the Customer, such Demand Draft shall also be submitted. (ii) The Bank shall, in accordance with the Overseas Remittance Amendment Request Form, implement the necessary procedures for amendment such as issuing an amendment instruction by using Banks Concerned and communication methods considered appropriate by the Bank. 9.2 When the Bank makes the amendment after verifying, with reasonable care, that the seal (or signature) used on the Overseas Remittance Amendment Request Form matches with the one which was used on the Overseas Remittance Request Form, the Bank shall not be responsible for any damages caused thereby. 9.3 The amendments provided for in this Article may not be implemented due to reasons such as refusal to make amendments by the Banks Concerned, legal and regulatory restrictions and actions taken by the government, courts or other public authorities. If the amendment cannot be made and an unwinding (kumimodoshi) is to be processed, the unwinding (kumimodoshi) procedures provided for in Article 10 (Unwinding (kumimodoshi)) shall be implemented.

Appears in 1 contract

Samples: Corporate Account Terms and Conditions

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