Common use of Conclusion of the Agreement Clause in Contracts

Conclusion of the Agreement. The Account Agreement, as well as all contracts signed in the context hereof, are entered into subject to the Bank’s approval. The absence of approval shall be notified by registered letter with acknowledgement of receipt sent to the Client at the latest seven working days starting from signature of the Agreement. In this case, the Agreement together with all those entered into in the context of opening the account shall be deemed never to have been entered into.

Conclusion of the Agreement. The Account Agreement, as well as all contracts signed in the context hereof, are entered into subject to the Bank’s approval. The absence of approval shall be notified by registered letter with acknowledgement of receipt sent to the Client at the latest seven sev en working days starting from signature of the Agreement. In this case, the Agreement together with all those entered into in the context of opening the account shall be deemed never nev er to have been entered into.