Common use of Description of the Service Clause in Contracts

Description of the Service. 12.1.1 Business card service implies for performing of banking operation on the client’s card account(s) by the client’s or any person entitled by him in a written form (hereinafter the “cardholder”) through VISA or MasterCard business card (hereinafter the “card”) issued by the bank. 12.1.2 On the basis of this agreement the client is entitled to receive one or several cards, whereas a particular type of each such card shall be determined by an executed application for each particular card, constituting an integral part of this agreement. 12.1.3 While the card is issued the client’s mobile number shall automatically be registered at the bank’s SMS service (terms and conditions on using the SMS service is provided in the sources disseminated by the bank). The client has the right to refuse using the stated service making relevant indication in the application form. 12.1.4 Terms of use are further subject to bank’s sources made on the basis of VISA and MasterCard international payment procedures and which shall be handed in to the cardholder together with the card. VISA and MasterCard international payment systems terms and procedures constitute an integral part of this agreement. 12.1.5 Card owner is the person, in whose name the card is issued (he may be the customer himself or any person entitled by him). Card owner is identified through the first name, surname indicated on the surface of the card, through the signature sample printed on it and secret personal identification code (pin-code). The business plastic card also contains the name of the customer. 12.1.6 The validity of the card is determined by the validity term appearing thereupon. The card shall expire on the last day of the month shown on the card. 12.1.7 For using the card, the customer is obliged to pay the service fee to the bank under the rates fixed by the bank. 12.1.8 Customer is authorized to have several card accounts and make use of a single card related to one card account only (for the purposes of this paragraph the card account is considered to be the combination of all accounts with common

Appears in 10 contracts

Samples: Banking Operations Agreement, Banking Transactions Agreement, Banking Transactions Agreement

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Description of the Service. 12.1.1 Business card service implies for performing of banking operation on the client’s card account(s) by the client’s or any person entitled by him in a written form (hereinafter the “cardholder”) through VISA or MasterCard business card (hereinafter the “card”) issued by the bank. 12.1.2 On the basis of this agreement the client is entitled to receive one or several cards, whereas a particular type of each such card shall be determined by an executed application for each particular card, constituting an integral part of this agreement. 12.1.3 While the card is issued the client’s mobile number shall automatically be registered at the bank’s SMS service (terms and conditions on using the SMS service is provided in the sources disseminated by the bank). The client has the right to refuse using the stated service making relevant indication in the application form. 12.1.4 Terms of use Rules for using the card are further subject to bank’s sources made set forth in details on the basis web-sites of VISA “Visa” and MasterCard international payment procedures and which shall be handed in to the cardholder together with the card. VISA and MasterCard “MasterCard” international payment systems terms and procedures constitute an integral part of this agreement(xxxxx://xxx.xxxx.xxx.xx/ka_GE/support/consumer/visa-rules.html; xxxxx://xxx.xxxxxxxxxx.xx/en- us/business/overview/support/rules.html). 12.1.5 Card owner is the person, in whose name the card is issued (he may be the customer himself or any person entitled by him). Card owner is identified through the first name, surname indicated on the surface of the card, through the signature sample printed on it and secret personal identification code (pin-code). The business plastic card also contains the name of the customer. 12.1.6 The validity of the card is determined by the validity term appearing thereupon. The card shall expire on the last day of the month shown on the card. 12.1.7 For using the card, the customer is obliged to pay the service fee to the bank under the rates fixed by the bank. 12.1.8 Customer is authorized to have several card accounts and make use of a single card related to one card account only (for the purposes of this paragraph the card account is considered to be the combination of all accounts with common

Appears in 4 contracts

Samples: Banking Transactions Agreement, Banking Transactions Agreement, Banking Transactions Agreement

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Description of the Service. 12.1.1 Business card service implies for performing of banking operation on the client’s card account(s) by the client’s or any person entitled by him in a written form (hereinafter the “cardholder”) through VISA or MasterCard business card (hereinafter the “card”) issued by the bank. 12.1.2 On the basis of this agreement the client is entitled to receive one or several cards, whereas a particular type of each such card shall be determined by an executed application for each particular card, constituting an integral part of this agreement. 12.1.3 While the card is issued the client’s mobile number shall automatically be registered at the bank’s SMS service (terms and conditions on using the SMS service is provided in the sources disseminated by the bank). The client has the right to refuse using the stated service making relevant indication in the application form. 12.1.4 Terms of use Rules for using the card are further subject to bank’s sources made set forth in details on the basis web-sites of VISA “Visa” and MasterCard international payment procedures and which shall be handed in to the cardholder together with the card. VISA and MasterCard “MasterCard” international payment systems terms and procedures constitute an integral part of this agreement(xxxxx://xxx.xxxx.xxx.xx/ka_GE/support/consumer/visa-rules.html; xxxxx://xxx.xxxxxxxxxx.xx/en-us/business/overview/support/rules.html). 12.1.5 Card owner is the person, in whose name the card is issued (he may be the customer himself or any person entitled by him). Card owner is identified through the first name, surname indicated on the surface of the card, through the signature sample printed on it and secret personal identification code (pin-code). The business plastic card also contains the name of the customer. 12.1.6 The validity of the card is determined by the validity term appearing thereupon. The card shall expire on the last day of the month shown on the card. 12.1.7 For using the card, the customer is obliged to pay the service fee to the bank under the rates fixed by the bank. 12.1.8 Customer is authorized to have several card accounts and make use of a single card related to one card account only (for the purposes of this paragraph the card account is considered to be the combination of all accounts with common

Appears in 1 contract

Samples: Banking Transactions Agreement

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