Common use of Credit Transactions Clause in Contracts

Credit Transactions. The Account holder may credit the cash account linked to the securities account with the following transactions: • transfers; • Remittance of cheques: The amount of the cheque shall be credited to the Account holder’s cash account linked to the securities account subject to clearing, except for cheques drawn on a bank established in a foreign country and cheques denominated in foreign currencies. In this regard, the Bank may, at any time, and notwithstanding any prior practice, credit the account only after effective collection of cheques, or effective payment notice. If a bank transfer is received to credit the Account holder’s account, the Bank makes the transaction amount available to the Account holder (payee) immediately after its own account has been credited or, as applicable, after the foreign exchange transaction has been completed if the transfer is denominated in a currency other than that of the account; The value date of a sum credited to the Account holder’s account by bank transfer may not be later than the business day during which the payment transaction amount is credited to the Bank's account. If a cheque is returned unpaid, the Bank will debit the account by the amount of the cheque that it had credited upon remittance, without the Account holder’s authorization: • within the time periods provided for in the interbank regulations and even if the position of said account does not permit it, in which case the Account holder shall immediately cover the related payment by crediting their account; • outside the time periods provided for in the interbank regulations and when the position on said account permits. The Bank shall be authorized, in the event of an omission on the remitter's part, to endorse on the latter's behalf any cheques paid in and to be credited to the cash account linked to the securities account. In accordance with standard practice, protests concerning cheques remitted by the Account holder shall only be effected upon the latter’s written request. Given that the time required for the protest procedure, both drawing up the protest and the correspondence involved, makes it very difficult to comply with statutory time limitations, the Account holder waives all rights to claim from the Bank any losses thereby incurred and releases the Bank from all liability in the event of late or delayed submission or failure to send any notice of non- payment or non-acceptance. All credit entries are shown, under the usual reserves, on the Account holder’s statements of account, and it shall not be construed from these entries that the Bank has accepted the transactions shown on the statement. Without prejudice to applicable mandatory provisions, the Bank may also refuse to execute a transaction, regardless of its nature, without having to provide reasons for its decision.

Credit Transactions. The Account holder Holder may credit the cash funds to their account linked to the securities account with by means of the following transactions: • transfers: the Bank makes the transaction amount available to the Account Holder (payee) immediately after its own account has been credited or, as applicable, after the foreign exchange transaction has been completed if the transfer is denominated in a currency other than that of the account; • Remittance remittances of chequescheques in euros: The amount the Account Holder endorses, to the order of the Bank, cheques of which they are the payee before remitting them for cashing, following which the Bank issues the Account Holder with a receipt. On a case-by-case basis and exceptionally, remitting for cashing a cheque denominated in a foreign currency or drawn on a bank established in a foreign country may be accepted. However, repeated remittance for cashing of such cheques will constitute abnormal operation of the account within the meaning of this agreement. The cheques' amount shall be credited to the Account holderXxxxxx’s cash account linked to the securities account subject to clearing, except for cheques drawn on a bank established in a foreign country and cheques denominated in foreign currencies. In this regard, the Bank may, at any time, and notwithstanding any prior practiceprevious practices, credit the account only after effective collection of cheques, or effective payment notice. If a bank transfer is received to credit the Account holder’s account, the Bank makes the transaction amount available to the Account holder (payee) immediately after its own account has they have been credited or, as applicable, after the foreign exchange transaction has been completed if the transfer is denominated in a currency other than that of the account; The value date of a sum credited to the Account holder’s account by bank transfer may not be later than the business day during which the payment transaction amount is credited to the Bank's accounteffectively cleared. If a cheque is returned unpaid, the Bank will debit the account by the amount of the cheque that it had credited upon remittance, without the Account holder’s Xxxxxx's authorization: • - within the time periods provided for in the laid down by interbank regulations and regulations, even if the position of said account does not permit itthis, in which case the Account holder shall Holder must immediately cover the related payment by crediting their account; • - outside the time periods provided for in the laid down by interbank regulations and regulations, when the position on of said account permitsallows it. The Bank shall be authorized, in the event of an omission on the remitter's part, to endorse on the latter's behalf any cheques paid in and to be credited to the cash account linked to the securities account. In accordance with standard practice, protests concerning cheques remitted by the Account holder Holder shall only be effected upon the latter’s written request. Given that the time required for the protest procedure, both drawing up the protest and the correspondence involved, makes it very difficult to comply with statutory time limitations, the Account holder Holder waives all rights to claim from the Bank any losses thereby incurred and releases the Bank from all liability in the event of late or delayed submission or failure to send any notice of non- non-payment or non-acceptance. All credit entries are shownincluded, under the usual reserves, on the Account holderHolder’s statements of account, and while it shall not be construed from these such tangible entries that the Bank has accepted the transactions shown on the statement. Without prejudice to applicable mandatory provisionsFor regulatory reasons, the Bank may also refuse to execute a transaction, regardless of its nature, payment transaction without having any obligation to provide reasons for justify its decision. The Bank shall make the transaction amount available to the Account Holder as soon as its own account has been credited. The value date of a sum credited to the Account Xxxxxx's amount may not be later than the business day during which the payment transaction amount is credited to the Bank's account.

Credit Transactions. The Account holder Holder may credit the cash funds to their account linked to the securities account with by means of the following transactions: • transfers: the Bank makes the transaction amount available to the Account Holder (payee) immediately after its own account has been credited or, as applicable, after the foreign exchange transaction has been completed if the transfer is denominated in a currency other than that of the account; • Remittance remittances of chequescheques in euros: The amount the Account Holder endorses, to the order of the Bank, cheques of which they are the payee before remitting them for cashing, following which the Bank issues the Account Holder with a receipt. On a case-by-case basis and exceptionally, remitting for cashing a cheque denominated in a foreign currency or drawn on a bank established in a foreign country may be accepted. However, repeated remittance for cashing of such cheques will constitute abnormal operation of the account within the meaning of this agreement. The cheques' amount shall be credited to the Account holderXxxxxx’s cash account linked to the securities account subject to clearing, except for cheques drawn on a bank established in a foreign country and cheques denominated in foreign currencies. In this regard, the Bank may, at any time, and notwithstanding any prior practiceprevious practices, credit the account only after effective collection of cheques, or effective payment notice. If a bank transfer is received to credit the Account holder’s account, the Bank makes the transaction amount available to the Account holder (payee) immediately after its own account has they have been credited or, as applicable, after the foreign exchange transaction has been completed if the transfer is denominated in a currency other than that of the account; The value date of a sum credited to the Account holder’s account by bank transfer may not be later than the business day during which the payment transaction amount is credited to the Bank's account. effectively xxxxxx d. If a cheque is returned unpaid, the Bank will debit the account by the amount of the cheque that it had credited upon remittance, without the Account holder’s Xxxxxx's authorization: • - within the time periods provided for in the laid down by interbank regulations and regulations, even if the position of said account does not permit itthis, in which case the Account holder shall Holder must immediately cover the related payment by crediting their account; • - outside the time periods provided for in the laid down by interbank regulations and regulations, when the position on of said account permitsallows it. The Bank shall be authorized, in the event of an omission on the remitter's part, to endorse on the latter's behalf any cheques paid in and to be credited to the cash account linked to the securities account. In accordance with standard practice, protests concerning cheques remitted by the Account holder Holder shall only be effected upon the latter’s written request. Given that the time required for the protest procedure, both drawing up the protest and the correspondence involved, makes it very difficult to comply with statutory time limitations, the Account holder Holder waives all rights to claim from the Bank any losses thereby incurred and releases the Bank from all liability in the event of late or delayed submission or failure to send any notice of non- non-payment or non-acceptance. All credit entries are shownincluded, under the usual reserves, on the Account holderHolder’s statements of account, and while it shall not be construed from these such tangible entries that the Bank has accepted the transactions shown on the statement. Without prejudice to applicable mandatory provisionsFor regulatory reasons, the Bank may also refuse to execute a transaction, regardless of its nature, payment transaction without having any obligation to provide reasons for justify its decision. The Bank shall make the transaction amount available to the Account Holder as soon as its own account has been credited. The value date of a sum credited to the Account Xxxxxx's amount may not be later than the business day during which the payment transaction amount is credited to the Bank's account.

Credit Transactions. The Account holder may credit the cash account linked to the securities account with the following transactions: • transfers; • Remittance of cheques: The amount of the cheque shall be credited to the Account holder’s cash account linked to the securities account subject to clearing, except for cheques drawn on a bank established in a foreign country and cheques denominated in foreign currencies. In this regard, the Bank may, at any time, and notwithstanding any prior practice, credit the account only after effective collection of cheques, or effective payment notice. If a bank transfer is received to credit the Account holder’s account, the Bank makes the transaction amount available to the Account holder (payee) immediately after its own account has been credited or, as applicable, after the foreign exchange transaction has been bee n completed if the transfer is denominated in a currency other than that of the account; The value date of a sum credited to the Account holder’s account by bank transfer may not be later than the business day during which the payment transaction amount is credited to the Bank's account. If a cheque is returned unpaid, the Bank will debit the account by the amount of the cheque that it had credited upon remittance, without the Account holder’s authorization: • within the time periods provided for in the interbank regulations and even if the position of said account does not permit it, in which case the Account holder shall immediately cover the related payment by crediting their account; • outside the time periods provided for in the interbank regulations and when the position on said account permits. The Bank shall be authorized, in the event of an omission on the remitter's part, to endorse on the latter's behalf any cheques paid in i n and to be credited to the cash account linked to the securities account. In accordance with standard practice, protests concerning cheques remitted by the Account holder shall only be effected upon the latter’s written request. Given that the time required for the protest procedure, both drawing up the protest and the correspondence involved, makes it very difficult to comply with statutory time limitations, the Account holder waives all rights to claim from the Bank any losses thereby incurred and releases the Bank from all liability in the event of late or delayed submission or failure to send any notice of non- payment or non-acceptance. All credit entries are shown, under the usual reserves, on the Account holder’s statements of account, and it shall not be construed from these entries that the Bank has accepted the transactions shown on the statement. Without prejudice to applicable mandatory provisions, the Bank may also refuse to execute a transaction, regardless of its nature, without having to provide reasons for its decision.