Borrowing on collateral security Sample Clauses

Borrowing on collateral security. As a security for and in consideration of the Consumer Credit to be borrowed from the Bank pursuant to and under this Agreement, the Credit Customer, Joint Debtor and his Guarantor/Guarantors hereby agree and undertake to designate personal guarantees, or establish a real estate mortgage, and/or establish a chattel mortgage on motor vehicles, cash funds, bank deposits, foreign currency deposits, securities and other Capital Market Instruments specified in the Capital Markets Law and in other regulations and decrees associated to and related with the said Law, or assign their receivables, to or in favor of the Bank, all acceptable to and satisfactory for the Bank. The Credit Customer, Joint Debtor and his Guarantor/Guarantors and/or third parties (if any) who submit and deliver pledge / mortgage deeds and/or assign their receivables hereby agree and accept that if Kredili Müşteri, Müşterek Borçlu ve Kefil/Kefiller, BANKA tarafından noter kanalıyla veya iadeli taahhütlü mektupla kendilerine bildirimde bulunulduğu tarihten itibaren 30 (otuz) gün içinde vadesi gelmiş ve/veya gelmemiş taksit borçlarını ve diğer masraflardan müteşekkil muaccel BANKA alacağının tamamını ödemedikleri takdirde, mütemerrid duruma düşeceklerini kabul, beyan ve taahhüt ederler. Konut finansman kredilerinde, Kredili Müşterinin temerrüde düşmesi halinde Banka, Kredili Müşteriye temerrüt tarihinden itibaren 5 (beş) iş günü içerisinde iadeli taahhütlü posta yoluyla bildirimde bulunur. Madde 8- Kredinin Teminat Karşılığı Kullandırılması Kredili Müşteri, Müşterek Borçlu ve Kefil/Kefiller, bu sözleşme gereğince, BANKA’xxx xxxxx edecekleri Tüketici Kredisi işlemlerinin teminatı ve karşılığını teşkil etmek üzere; BANKA’nın kabul edeceği kefaleti getirmeyi, gayrimenkul ipoteği vermeyi ve/veya BANKA’ya motorlu taşıt, nakit, mevduat, döviz tevdiatı, menkul kıymetleri ve Sermaye Piyasası Kanunu ve işbu Kanun ile ilgili tüm mevzuat hükümlerinde öngörülen Sermaye Piyasası Araçlarını rehin etmeyi, keza alacaklarını temlik etmeyi kabul ve taahhüt ederler. Kredili Müşteri, Müşterek Borçlu, Kefil/Kefiller, ve varsa rehin/ipotek belgesi tevdi eden ve/veya alacağı temlik eden üçüncü şahıslar, BANKA’nın teminatın yetersiz halde olduğu veya yetersiz xxxx düştüğü kanaatine vardığı and to the extent the security or guarantee as specified above is inadequate or becomes inadequate for any reason whatsoever in the opinion of the Bank, then the Bank shall be authorized to request additional security or guarantee ...
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Related to Borrowing on collateral security

  • Miscellaneous The Vendor acknowledges and agrees that continued participation in TIPS is subject to TIPS sole discretion and that any Vendor may be removed from the participation in the Program at any time with or without cause. Nothing in the Agreement or in any other communication between TIPS and the Vendor may be construed as a guarantee that TIPS or TIPS Members will submit any orders at any time. TIPS reserves the right to request additional proposals for items or services already on Agreement at any time.

  • Notices Any notice, request or other document required or permitted to be given or delivered to the Holder by the Company shall be delivered in accordance with the notice provisions of the Purchase Agreement.

  • Governing Law This Agreement shall be governed by and construed in accordance with the laws of the State of New York.

  • Definitions For purposes of this Agreement:

  • Termination This Agreement may be terminated at any time prior to the Closing:

  • Entire Agreement This Agreement constitutes the entire agreement between the parties hereto with respect to the subject matter contained in this Agreement and supersedes all prior agreements, understandings and negotiations between the parties.

  • WHEREAS the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection with the issuance, registration, transfer, exchange, redemption and exercise of the Warrants; and

  • Severability Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

  • IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the day and year first above written.

  • NOW, THEREFORE the parties hereto agree as follows:

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