Common use of Delivery of correspondence Clause in Contracts

Delivery of correspondence. I. Unless otherwise regulated by laws or agreed by both the Principal and the Bank, any notification or declaration of intention made by the Bank based on the Agreement shall be made in writing or other agreed form. The Principal may request the Bank to send notifications or declarations of intention in e-mail or other forms of electronic documents to the Principal 's e-mail address or mobile phone number. The mailing address/e-mail address/mobile phone number shall be the latest one provided by the Principal in the Bank. II. If the Principal request the Bank to send notifications or declarations of intention in paper, the notifications and declarations of intention which has been sent by the Bank to the latest mailing address provided by the Principal will be deemed to have been delivered to the Principal; If the Principal request the Bank to send notifications or declarations of intention by e-mail or other forms of electronic documents, the notifications and declarations of intention which has been sent by the Bank to the latest e-mail address/mobile phone number provided by the Principal will be deemed to have been delivered to the Principal, and have the same effect as delivered by paper. The Principal shall not claim that the notifications or declarations of intention sent by the Bank is invalid or not constituted due to the failure to comply with the written or signed requirements. III. The Principal shall confirm whether the mailing address/e-mail address/mobile phone number provided to the Bank is correct. If the Principal's mailing address/e-mail address/mobile phone number is changed, the Principal shall promptly notify the Bank in writing or in the agreed manner. In order to avoid delays or errors in transmission, the Principal shall agree that the updated mailing address/e-mail address/mobile phone number be the delivery address. If the Principal does not notify the Bank of occurring changes of the mailing address/e-mail address/mobile phone number in writing or in the agreed manner, the Bank will take the latest mailing address/e-mail address/mobile phone number provided by the Principal as the delivery address. The Principal fully understands that the Bank has no responsibility or liability for any direct or indirect loss due to the incorrect information provided by the Principal or the updated information not been delivered proactively by the Principal.

Delivery of correspondence. I. Unless otherwise regulated by laws or agreed by both the Principal and the Bank, any notification or declaration of intention made by the Bank based on the Agreement shall be made in writing or other agreed form. The Principal may request the Bank to send notifications or declarations of intention in e-mail or other forms of electronic documents to the Principal 's e-mail address or mobile phone number. The mailing address/e-mail address/mobile phone number shall be the latest one provided by the Principal in the Bank. II. If the Principal request the Bank to send notifications or declarations of intention in paper, the notifications and declarations declarat ions of intention which has been sent by the Bank to the latest mailing address provided by the Principal will be deemed to have been delivered to the Principal; If the Principal request the Bank to send notifications or declarations of intention by e-mail or other forms of electronic documents, the notifications and declarations of intention which has been sent by the Bank to the latest e-mail address/mobile phone number provided by the Principal will be deemed to have been delivered to the Principal, and have the same effect e fect as delivered by paper. The Principal shall not claim that the notifications or declarations of intention sent by the Bank is invalid or not constituted due to the failure to comply with the written or signed requirements. III. The Principal shall confirm whether the mailing address/e-mail address/mobile phone number provided to the Bank is correct. If the Principal's mailing address/e-mail address/mobile phone number is changed, the Principal shall promptly notify the Bank in writing or in the agreed manner. In order to avoid delays or errors in transmission, the Principal shall agree that the updated mailing address/e-mail address/mobile phone number be the delivery address. If the Principal does not notify the Bank of occurring changes of the mailing address/e-mail address/mobile phone number in writing or in the agreed manner, the Bank will take the latest mailing address/e-mail address/mobile phone number provided by the Principal as the delivery address. The Principal fully understands that the Bank has no responsibility or liability liabili ty for any direct or indirect loss due to the incorrect information provided by the Principal or the updated information not been delivered proactively by the Principal.