EFFECTS OF TERMINATION OF THE CONTRACT. 17.1. The termination of the Contract, whether as a result of withdrawal by the Customer or for any other reason, shall determine the termination of all Supplier obligations relating to the provision of the services.
EFFECTS OF TERMINATION OF THE CONTRACT. The Payment Account(s) will be closed on the Effective Date, provided that the Customer has paid all amounts due under this Contract. The termination of the Contract does not affect the services previously performed or being executed on the Effective Date. Payment Transactions initiated before the Effective Date will not be called into question by the termination and will be executed in accordance with the provisions of the Contract. The Institution reserves the right to maintain the Payment Account(s) for a period of twelve (12) months in order to cover any subsequent disputes and claims by Payers or to enable the liquidation of any on-going transactions. During this period, the expenses detailed in 2 “Pricing Conditions”, including subscription fees, will remain applicable to the Payment Account(s) maintained. As part of the closure of the Account(s), the Institution will transfer the total balance of the Payment Account(s) to the payment or bank account in the SEPA zone designated by the Customer. As from the notification of cancellation of the Contract, the Customer must send the Institution the bank details (IBAN) of the SEPA zone bank or payment account required for the transfer of the balance held on the Payment Account(s). During this period and until the transfer of the total balance of the Payment Account(s), the Institution continues to deduct the costs detailed in 2 “Pricing Conditions”, including subscription costs. These costs are applicable to the Payment Account(s) and are related to the continuing operation of the Payment Account(s).
EFFECTS OF TERMINATION OF THE CONTRACT. THE RETURN OF THE LEASED ASSET TO THE LESSOR BY THE LESSEE CLAUSE 39. If pursuant to clause 18 of this Contract, the Lessee gives up buying the Leased Asset with the written consent of the Lessor or the Lessor withdraws from the sale and/or terminates the Contract based on any one or more of its termination rights hereunder, the Leased Asset shall be returned and delivered by the Lessee to the Lessor in 3 (three) days provided that all disassembly, transportation, freight, carriage and loading costs are borne by the Lessee.
