Common use of Borrower's confirmation Clause in Contracts

Borrower's confirmation. (a) Borrower's confirmation must be made on the Platform by marking respective checkbox and clicking on “Confirm funds” (when prompted by the Platform) while logged in the borrower's user account created with the Platform (which requires authentication). (b) Xxxxxxxx's confirmation will be presented to Payment Oracle via Platform. (c) It is Xxxxxxxx's responsibility to verify whether they received all the funds as required by Article 3.1 of the Loan agreement before making the Borrower's confirmation. Payment Oracle shall be entitled to act upon the Borrower's confirmation without any duty to examine or otherwise check the factual or legal accuracy of such a confirmation whatsoever. (d) Payment Oracle may, in its own discretion: (i) accept the Borrower's confirmation (A) made otherwise than required by Clause 4.2(a), or (B) presented to Payment Oracle directly from the Borrower - Payment Oracle shall accept such confirmations in the case of Platform failure, breakdown or other technical issues preventing its use; (ii) xxxxxxxxxx Xxxxxxxx's confirmation, notably incases contemplated by Xxxxxx 4.2(d)(i) above, satisfies specified formal or other conditions (e.g qualified electronic signature, notarized signature), be presented by specified communication channel(s), supple- mented by additional information or accompanied by supportive documents. (e) For the avoidance of doubt, nothing in Clause 4.2(d) shall be interpreted as prejudicing the Payment Oracle's entitlement to fully rely on and act upon the Borrower's confirmation.

Borrower's confirmation. (a) Borrower's confirmation must be made on the Platform by marking respective checkbox and clicking on “Confirm funds” (when prompted by the Platform) while logged in the borrower's user account created with the Platform (which requires authentication). (b) Xxxxxxxx's confirmation will be presented to Payment Oracle via Platform. (c) It is Xxxxxxxx's responsibility to verify whether they received all the funds as required by Article 3.1 of the Loan agreement before making the Borrower's confirmation. Payment Oracle shall be entitled to act upon the Borrower's confirmation without any duty to examine or otherwise check the factual or legal accuracy of such a confirmation whatsoever. (d) Payment Oracle may, in its own discretion: (i) accept the Borrower's confirmation (A) made otherwise than required by Clause 4.2(a), or (B) presented to Payment Oracle directly from the Borrower - Payment Oracle shall accept such confirmations in the case of Platform failure, breakdown or other technical issues preventing its use; (ii) xxxxxxxxxx demand that Xxxxxxxx's confirmation, notably incases in cases contemplated by Xxxxxx Clause 4.2(d)(i) above, satisfies specified formal or other conditions (e.g qualified electronic signature, notarized signature), be presented by specified communication channel(s), supple- mented by additional information or accompanied by supportive documents. (e) For the avoidance of doubt, nothing in the Clause 4.2(d) shall be interpreted as prejudicing the Payment Oracle's entitlement to fully rely on and act upon the Borrower's confirmation.