Common use of Conditions, Procedures and Regulations of Use of Bank Products Clause in Contracts

Conditions, Procedures and Regulations of Use of Bank Products. Execution/signing of the General Credit Line Agreement does not imply granting the right by the Bank to the Customer to use any of the bank products envisaged by the General Credit Line Agreement Agreement (Credit, Credit Line, Overdraft, Documentary Transactions) or their part. The issue of granting such right to the Customer wil be reviewed by the Bank on the basis of application(s) of the Customer pursuant to the procedures and regulations of the Bank effective by the given moment (application shall be submitted in writing). Furthermore, the Bank shall have the right to refuse the Customer to use any of the bank products or their part without any justification before the actual use of relevant bank products (including the actual use of the Credit Amount) by the Customer.

Appears in 6 contracts

Samples: conditions.bog.ge, conditions.bog.ge, conditions.bog.ge

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