Common use of By the Bank Clause in Contracts

By the Bank. 9.2.1.1. If the Customer fails to fully and properly fulfill any of the obligations set forth in the 9.2.1.2. At the onset or occurrence of any circumstances that may endanger: (a) the assets/property and/or activities of the Customer and/or other Collateral Owner and/or its business, and/or (b) the full and proper performance of obligations undertaken by the client and/or other Collateral Owner; 9.2.1.3. The Customer does not use the Collection during 1 (one) calendar year or during the term stipulated by the Agreement; 9.2.1.4. If the Customer fails to fully and properly fulfill the obligations assumed under any other agreement and/or other document relating to its financial liabilities signed with the Bank; 9.2.1.5. If the Customer’s assets/property or any part thereof are distrained, which may adversely affect the Customer’s performance of its obligations; 9.2.1.6. If the Customer’s shareholder, partner or other founder (including the beneficial owner) disposes (alienated, encumber) a share, stock or other interest in the Customer’s capital/property without prior written agreement with the Bank; 9.2.1.7. If any other creditor applies to the Customer for early termination of the transaction concluded with it and/or requests early fulfillment of the obligation (including financial), which may adversely affect the Customer’s performance of the obligations.

Appears in 6 contracts

Samples: Collection Agreement, Collection Agreement, Collection Agreement

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By the Bank. 9.2.1.1. If the Customer fails to fully and properly fulfill any of the obligations set forth in the 9.2.1.2. At the onset or occurrence of any circumstances that may endanger: (a) the assets/property and/or activities of the Customer and/or other Collateral Owner and/or its business, and/or and/or (b) the full and proper performance of its obligations undertaken by the client Client and/or other another Collateral Owner; 9.2.1.3. The Customer does not use the Collection during 1 Stand-by Letter of Credit for one (one1) calendar year or during the term stipulated by the Agreement; 9.2.1.4. If the Customer fails to fully and properly fulfill fulfills the obligations assumed under any other agreement and/or other document relating to its financial liabilities signed with the Bank; 9.2.1.5. If the Customer’s assets/property or any part thereof are distrained, which may adversely affect the Customer’s performance of its obligations; 9.2.1.6. If the Customer’s shareholder, partner or other founder (including the beneficial owner) disposes (alienated, encumber) a share, stock or other interest in the Customer’s capital/property without prior written agreement with the Bank; 9.2.1.7. If any other creditor applies to the Customer for early termination of the transaction concluded with it and/or requests early fulfillment of the obligation (including financial), which may adversely affect the Customer’s performance of the obligations.

Appears in 4 contracts

Samples: Stand by Letter of Credit Agreement, Stand by Letter of Credit Agreement, Stand by Letter of Credit Agreement

By the Bank. 9.2.1.1. If the Customer fails to fully and properly fulfill any of the obligations set forth in the 9.2.1.2. At the onset or occurrence of any circumstances that may endanger: (a) the assets/property and/or activities of the Customer and/or other Collateral Owner and/or its business, and/or and/or (b) the full and proper performance of obligations undertaken by the client Customer and/or other Collateral Owner; 9.2.1.3. The Customer does not use the Collection during 1 Letter of Credit for one (one1) calendar year or during the term stipulated by the Agreement; 9.2.1.4. If the Customer fails to fully and properly fulfill fulfills the obligations assumed under any other agreement and/or other document relating to its financial liabilities signed with the Bank; 9.2.1.5. If the Customer’s assets/property or any part thereof are distrained, which may adversely affect the Customer’s performance of its obligations; 9.2.1.6. If the Customer’s shareholder, partner or other founder (including the beneficial owner) disposes (alienated, encumber) a share, stock or other interest in the Customer’s capital/property without prior written agreement with the Bank; 9.2.1.7. If any other creditor applies to the Customer for early termination of the transaction concluded with it and/or requests early fulfillment of the obligation (including financial), which may adversely affect the Customer’s performance of the obligations.

Appears in 3 contracts

Samples: Letter of Credit Agreement, Letter of Credit Agreement, Letter of Credit Agreement

By the Bank. 9.2.1.1. If the Customer fails to fully and properly fulfill any of the obligations set forth in thethe Agreement; 9.2.1.2. At the onset or occurrence of any circumstances that may endanger: (a) the assets/property and/or activities of the Customer and/or other Collateral Owner provider of the security and/or its business, and/or and/or (b) the full and proper performance of its obligations undertaken by the client Customer and/or other Collateral Owneranother provider of the security; 9.2.1.3. The Customer does not use the Collection during 1 Bank Guarantee for one (one1) calendar year or during the term stipulated by the Agreement;the 9.2.1.4. If the Customer fails to fully and properly fulfill fulfills the obligations assumed under any other agreement and/or other document relating to its financial liabilities signed with the Bank; 9.2.1.5. If the Customer’s assets/property or any part thereof are distrained, which may adversely affect the Customer’s performance of its obligations; 9.2.1.6. If the Customer’s shareholder, partner or other founder (including the beneficial owner) disposes (alienated, encumber) a share, stock or other interest in the Customer’s capital/property without prior written agreement with the Bank; 9.2.1.7. If any other creditor applies to the Customer for early termination of the transaction concluded made with it and/or requests early fulfillment of the obligation (including financial), which may adversely affect the Customer’s performance of the obligations.

Appears in 3 contracts

Samples: Bank Guarantee Agreement, Bank Guarantee Agreement, Bank Guarantee Agreement

By the Bank. 9.2.1.1. If the Customer fails to fully and properly fulfill any of the obligations set forth in thethe Agreement; 9.2.1.2. At the onset or occurrence of any circumstances that may endanger: (a) the assets/property and/or activities of the Customer and/or other Collateral Owner provider of the security and/or its business, and/or and/or (b) the full and proper performance of its obligations undertaken by the client Customer and/or other Collateral Owneranother provider of the security; 9.2.1.3. The Customer does not use the Collection during 1 Stand-by Letter of Credit for one (one1) calendar year or during the term stipulated by the Agreement; 9.2.1.4. If the Customer fails to fully and properly fulfill fulfills the obligations assumed under any other agreement and/or other document relating to its financial liabilities signed with the Bank; 9.2.1.5. If the Customer’s assets/property or any part thereof are distrained, which may adversely affect the Customer’s performance of its obligations; 9.2.1.6. If the Customer’s shareholder, partner or other founder (including the beneficial owner) disposes (alienated, encumber) a share, stock or other interest in the Customer’s capital/property without prior written agreement with the Bank; 9.2.1.7. If any other creditor applies to the Customer for early termination of the transaction concluded with it and/or requests early fulfillment of the obligation (including financial), which may adversely affect the Customer’s performance of the obligations.

Appears in 3 contracts

Samples: Stand by Letter of Credit Agreement, Stand by Letter of Credit Agreement, Stand by Letter of Credit Agreement

By the Bank. 9.2.1.1. If the Customer fails to does not perform fully and properly fulfill duly any of obligations assumed under the obligations set forth in theAgreement; 9.2.1.2. At the onset In case of origination or occurrence of any circumstances circumstance that may endangerposes risk to: (a) the assets/property and/or activities of the Customer and/or other Collateral Owner the owner of the collateral and/or his/her/its businessactivities, and/or and/or (b) the due and full and proper performance of obligations undertaken by the client Customer and/or other Collateral Ownerthe owner of the collateral; 9.2.1.3. The If the Customer does not use the Collection during Overdraft for 1 (one) calendar year or during the term stipulated provided by the Agreement; 9.2.1.4. If the Customer fails to does not fulfill duly and fully and properly fulfill the obligations assumed under any other agreement and/or other document relating related to its financial liabilities signed concluded with the Bank; 9.2.1.5. If the Customer’s assets/property of the Customer or any their/its part thereof are distrained, attached which may adversely affect can have an adverse effect on fulfillment of obligations assumed by the Customer’s performance of its obligations; 9.2.1.6. If disposal (alienation, encumbrance, etc.) of share, interest or other negotiable instruments in the Customer’s capital/assets of the Customer is carried out by a shareholder, partner or other founder (including beneficial owners) without the beneficial owner) disposes (alienated, encumber) a share, stock or other interest in the Customer’s capital/property without prior written agreement with the Bank; 9.2.1.7. If any other creditor applies to addressed the Customer for early termination of the transaction a deal concluded with him/her/it and/or requests requested early fulfillment discharge of the obligation (including financialfinancial one), which may adversely affect can have an adverse effect on fulfillment of obligations assumed by the Customer’s performance of the obligations.;

Appears in 3 contracts

Samples: Overdraft Agreement, Overdraft Agreement, Overdraft Agreement

By the Bank. 9.2.1.1. If the Customer fails to fully and properly fulfill any of the obligations set forth in the 9.2.1.2. At the onset or occurrence of any circumstances that may endanger: (a) the assets/property and/or activities of the Customer and/or other Collateral Owner and/or its business, and/or and/or (b) the full and proper performance of its obligations undertaken by the client Customer and/or other another Collateral Owner; 9.2.1.3. The Customer does not use the Collection during 1 Bank Guarantee for one (one1) calendar year or during the term stipulated by the Agreement; 9.2.1.4. If the Customer fails to fully and properly fulfill fulfills the obligations assumed under any other agreement and/or other document relating to its financial liabilities signed with the Bank; 9.2.1.5. If the Customer’s assets/property or any part thereof are distrained, which may adversely affect the Customer’s performance of its obligations; 9.2.1.6. If the Customer’s shareholder, partner or other founder (including the beneficial owner) disposes (alienated, encumber) a share, stock or other interest in the Customer’s capital/property without prior written agreement with the Bank; 9.2.1.7. If any other creditor applies to the Customer for early termination of the transaction concluded made with it and/or requests early fulfillment of the obligation (including financial), which may adversely affect the Customer’s performance of the obligations.

Appears in 3 contracts

Samples: Bank Guarantee Agreement, Bank Guarantee Agreement, Bank Guarantee Agreement

By the Bank. 9.2.1.1. If the Customer fails to fully and properly fulfill any of the obligations set forth in thethe Agreement; 9.2.1.2. At the onset or occurrence of any circumstances that may endanger: (a) the assets/property and/or activities of the Customer and/or other Collateral Owner provider of the security and/or its business, and/or and/or (b) the full and proper performance of its obligations undertaken by the client Customer and/or other Collateral Owneranother provider of the security; 9.2.1.3. The Customer does not use the Collection during 1 (one) calendar year or during the term stipulated by the Agreement;the 9.2.1.4. If the Customer fails to fully and properly fulfill the obligations assumed under any other agreement and/or other document relating to its financial liabilities signed with the Bank; 9.2.1.5. If the Customer’s assets/property or any part thereof are distrained, which may adversely affect the Customer’s performance of its obligations; 9.2.1.6. If the Customer’s shareholder, partner or other founder (including the beneficial owner) disposes (alienated, encumber) a share, stock or other interest in the Customer’s capital/property without prior written agreement with the Bank; 9.2.1.7. If any other creditor applies to the Customer for early termination of the transaction concluded with it and/or requests early fulfillment of the obligation (including financial), which may adversely affect the Customer’s performance of the obligations.

Appears in 3 contracts

Samples: Collection Agreement, Collection Agreement, Collection Agreement

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By the Bank. 9.2.1.1. If the Customer fails to fully and properly fulfill any of the obligations set forth in the 9.2.1.2. At the onset or occurrence of any circumstances that may endanger: (a) the assets/property and/or activities of the Customer and/or other Collateral Owner and/or its business, and/or and/or (b) the full and proper performance of its obligations undertaken by the client Client and/or other another Collateral Owner; 9.2.1.3. The Customer does not use the Collection during 1 Bank Guarantee for one (one1) calendar year or during the term stipulated by the Agreement; 9.2.1.4. If the Customer fails to fully and properly fulfill fulfills the obligations assumed under any other agreement and/or other document relating to its financial liabilities signed with the Bank; 9.2.1.5. If the Customer’s assets/property or any part thereof are distrained, which may adversely affect the Customer’s performance of its obligations; 9.2.1.6. If the Customer’s shareholder, partner or other founder (including the beneficial owner) disposes (alienated, encumber) a share, stock or other interest in the Customer’s capital/property without prior written agreement with the Bank; 9.2.1.7. If any other creditor applies to the Customer for early termination of the transaction concluded made with it and/or requests early fulfillment of the obligation (including financial), which may adversely affect the Customer’s performance of the obligations.

Appears in 2 contracts

Samples: Bank Guarantee Agreement, Bank Guarantee Agreement

By the Bank. 9.2.1.1. If the Customer fails to fully and properly fulfill any of the obligations set forth in thethe Agreement; 9.2.1.2. At the onset or occurrence of any circumstances that may endanger: (a) the assets/property and/or activities of the Customer and/or other Collateral Owner provider of the security and/or its business, and/or and/or (b) the full and proper performance of its obligations undertaken by the client Customer and/or other Collateral Owneranother provider of the security; 9.2.1.3. The Customer does not use the Collection during 1 Letter of Credit for one (one1) calendar year or during the term stipulated by the Agreement; 9.2.1.4. If the Customer fails to fully and properly fulfill fulfills the obligations assumed under any other agreement and/or other document relating to its financial liabilities signed with the Bank; 9.2.1.5. If the Customer’s assets/property or any part thereof are distrained, which may adversely affect the Customer’s performance of its obligations; 9.2.1.6. If the Customer’s shareholder, partner or other founder (including the beneficial owner) disposes (alienated, encumber) a share, stock or other interest in the Customer’s capital/property without prior written agreement with the Bank; 9.2.1.7. If any other creditor applies to the Customer for early termination of the transaction concluded with it and/or requests early fulfillment of the obligation (including financial), which may adversely affect the Customer’s performance of the obligations.

Appears in 2 contracts

Samples: Letter of Credit Agreement, Letter of Credit Agreement

By the Bank. 9.2.1.1. If the Customer fails to fully and properly fulfill any of the obligations set forth in thethe Agreement; 9.2.1.2. At the onset or occurrence of any circumstances that may endanger: (a) the assets/property and/or activities of the Customer and/or other Collateral Owner and/or its business, and/or and/or (b) the full and proper performance of obligations undertaken by the client Customer and/or other Collateral Owner; 9.2.1.3. The Customer does not use the Collection during 1 Letter of Credit for one (one1) calendar year or during the term stipulated by the Agreement; 9.2.1.4. If the Customer fails to fully and properly fulfill fulfills the obligations assumed under any other agreement and/or other document relating to its financial liabilities signed with the Bank; 9.2.1.5. If the Customer’s assets/property or any part thereof are distrained, which may adversely affect the Customer’s performance of its obligations; 9.2.1.6. If the Customer’s shareholder, partner or other founder (including the beneficial owner) disposes (alienated, encumber) a share, stock or other interest in the Customer’s capital/property without prior written agreement with the Bank; 9.2.1.7. If any other creditor applies to the Customer for early termination of the transaction concluded with it and/or requests early fulfillment of the obligation (including financial), which may adversely affect the Customer’s performance of the obligations.

Appears in 1 contract

Samples: Letter of Credit Agreement

By the Bank. 9.2.1.1. If the Customer fails to fully and properly fulfill any of the obligations set forth in thethe Agreement; 9.2.1.2. At the onset or occurrence of any circumstances that may endanger: (a) the assets/property and/or activities of the Customer and/or other Collateral Owner and/or its business, and/or and/or (b) the full and proper performance of its obligations undertaken by the client Client and/or other another Collateral Owner; 9.2.1.3. The Customer does not use the Collection during 1 Stand-by Letter of Credit for one (one1) calendar year or during the term stipulated by the Agreement; 9.2.1.4. If the Customer fails to fully and properly fulfill fulfills the obligations assumed under any other agreement and/or other document relating to its financial liabilities signed with the Bank; 9.2.1.5. If the Customer’s assets/property or any part thereof are distrained, which may adversely affect the Customer’s performance of its obligations; 9.2.1.6. If the Customer’s shareholder, partner or other founder (including the beneficial owner) disposes (alienated, encumber) a share, stock or other interest in the Customer’s capital/property without prior written agreement with the Bank; 9.2.1.7. If any other creditor applies to the Customer for early termination of the transaction concluded with it and/or requests early fulfillment of the obligation (including financial), which may adversely affect the Customer’s performance of the obligations.

Appears in 1 contract

Samples: Stand by Letter of Credit Agreement

By the Bank. 9.2.1.1. If the Customer fails to fully and properly fulfill any of the obligations set forth in thethe Agreement; 9.2.1.2. At the onset or occurrence of any circumstances that may endanger: (a) the assets/property and/or activities of the Customer and/or other Collateral Owner and/or its business, and/or and/or (b) the full and proper performance of obligations undertaken by the client and/or other Collateral Owner; 9.2.1.3. The Customer does not use the Collection during 1 (one) calendar year or during the term stipulated by the Agreement; 9.2.1.4. If the Customer fails to fully and properly fulfill the obligations assumed under any other agreement and/or other document relating to its financial liabilities signed with the Bank; 9.2.1.5. If the Customer’s assets/property or any part thereof are distrained, which may adversely affect the Customer’s performance of its obligations; 9.2.1.6. If the Customer’s shareholder, partner or other founder (including the beneficial owner) disposes (alienated, encumber) a share, stock or other interest in the Customer’s capital/property without prior written agreement with the Bank; 9.2.1.7. If any other creditor applies to the Customer for early termination of the transaction concluded with it and/or requests early fulfillment of the obligation (including financial), which may adversely affect the Customer’s performance of the obligations.

Appears in 1 contract

Samples: Collection Agreement

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