Common use of Commencement of execution Clause in Contracts

Commencement of execution. In the event of an Agreement signed at a branch in the absence of prior solicitation by prospecting, execution of said Agreement shall commence when the Agreement is signed by the CLIENT. • In the event of an Agreement signed at a branch subsequent to prior solicitation by prospecting or within a distance selling framework, the CLIENT may request BRED to commence execution during the cooling-off period, without forfeiting his cancellation right, to which the CLIENT remains entitled. Unless otherwise agreed by the CLIENT, execution shall not commence until expiry of the 14-day cooling-off period.

Commencement of execution. In the event of an Agreement signed at a branch in the absence of prior solicitation by prospecting, execution of said Agreement shall commence when the Agreement is signed by the CLIENT. • In the event of an Agreement signed at a branch subsequent to prior solicitation by prospecting or within a distance selling framework, the CLIENT may request BRED SBE to commence execution during the cooling-off period, without forfeiting his cancellation right, to which the CLIENT remains entitled. Unless otherwise agreed by the CLIENT, execution shall not commence until expiry of the 14-day cooling-off period.