Common use of Bank is authorized Clause in Contracts

Bank is authorized. 15.26.1 In order to fulfill any imposed obligations, to deduct amount from any account of the client after the origin of such obligation and without additional consent of the client. In case if the debt is in a currency different from the currency of the amount on the account, the equivalent is determined by the exchange rate determined by the Bank during the moment of deduction; 15.26.2 Without further consent of the client, to transfer the service fee for the National Agency of Public Registry, Service Agency of the Ministry of Internal Affairs and/or other type of fee for other administrative body and/or other type of fee related with issuance of credit (including insurance premium) from any account of the client to the account of the relevant person; 15.26.3 To deduct relevant amount from any account of the client without further consent of the client in order to pay the amount to the person, from whom the client will purchase the thing or receive service with the help of issued credit, and to convert the amount into national currency, to deposit the amount in GEL account of the client and to transfer the amount to the account of the relevant person.

Bank is authorized. 15.26.1 In order to fulfill any imposed obligations, to deduct amount from any account of the client after the origin of such obligation and without additional consent of the client. In case if the debt is in a currency different from the currency of the amount on the account, the equivalent is determined by the exchange rate determined by the Bank during the moment of deduction; 15.26.2 Without further consent of the client, to transfer the service fee for the National Agency of Public Registry, Service Agency of the Ministry of Internal Affairs and/or other type of fee for other administrative body and/or other type of fee related with issuance withissuance of credit (including insurance premium) from any account of the client to the account of the relevant person; 15.26.3 To deduct relevant amount from any account of the client without further consent of the client in order to pay the amount to the person, from perso,nfrom whom the client will purchase the thing or receive service with the help of issued credit, and to convert the amount into national currency, to deposit the amount in GEL account of the client and to transfer the amount to the account of the relevant personrelevapnetrson.