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Common use of Electronic Media Clause in Contracts

Electronic Media. 9.1 The Borrower hereby confirms, acknowledges and agrees that the online acceptance of this Agreement including any addendums hereto through the Website or such other internet or web based means results in a binding contract between the Parties. 9.2 The Borrower is aware that transmission of this Agreement, addendums to this Agreement, terms and conditions, instructions, acceptances and communications (‘Communications’) through electronic means such as email, facsimile, SMS text messaging, websites, online acceptance, etc. (‘Electronic Media’) involves a number of risks including fraudulent alterations and incorrect transmissions and absence of confidentiality. However, the Borrower is desirous of receiving Communications from and providing Communications to the Lender through the Electronic Media for various matters under this Agreement including in relation to the Loan and the operation thereof 9.3 In consideration of the Lender permitting the same, the Borrower hereby irrevocably, confirms and undertakes to the Lender as under: (a) The Lender shall be entitled (without being bound to do so) to rely upon the Communications provided through the Electronic Media (and believe the same to be genuine), for their requirements. In case of any question as to what were the Communications provided or received, the records of the Electronic Media received by the Lender shall be treated as final, conclusive and binding. (b) The Borrower has ensured and shall ensure that the Communications provided through the Electronic Media to the Lender are provided by the Borrower and hereby agrees and confirms that the Lender shall not be responsible for conducting any verification whatsoever in this regard. (c) The Borrower confirms that the Lender shall not be bound to act in accordance with whole or any part of the communications as it may appear in the Communications so conveyed and the same shall be at the sole risk of the Borrower. (d) The Lender shall not be liable for the consequences of any act or any refusal or omission to act or deferment of action by the Lender on basis of the Communications through the Electronic Media. (e) The Lender shall not be required to await receipt of the Communications in writing before taking any action in connection with the Communications provided through any Electronic Media and the non-delivery and nonconformity of such Communications in writing shall not in any manner prejudice the Lender’s rights under this Agreement or otherwise. (f) The Lender may at any time whatsoever without assigning any reason withdraw or modify or add the facility(ies) provided to the Borrower in relation to the Communications through Electronic Media. The Borrower is aware and confirms that the Lender is agreeing to act on any Communications (g) provided through Electronic Media only by reason of, and relying upon the undertaking and indemnities contained in this Clause.

Appears in 6 contracts

Samples: Loan Agreement, Loan Agreement, Loan Agreement

Electronic Media. 9.1 The Borrower hereby confirms, acknowledges and agrees that the online acceptance of this Agreement including any addendums hereto through the Website or such other internet or web based means results in a binding contract between the Parties. 9.2 The Borrower is aware that transmission of this Agreement, addendums to this Agreement, terms and conditions, instructions, acceptances and communications (‘Communications’) through electronic means such as email, facsimile, SMS text messaging, websites, online acceptance, etc. (‘Electronic Media’) involves a number of risks including fraudulent alterations and incorrect transmissions and absence of confidentiality. However, the Borrower is desirous of receiving Communications from and providing Communications to the Lender through the Electronic Media for various matters under this Agreement including in relation to the Loan and the operation thereof 9.3 In consideration of the Lender permitting the same, the Borrower hereby irrevocably, confirms and undertakes to the Lender as under: (a) The Lender shall be entitled (without being bound to do so) to rely upon the Communications provided through the Electronic Media (and believe the same to be genuine), for their requirements. In case of any question as to what were the Communications provided or received, the records of the Electronic Media received by the Lender shall be treated as final, conclusive and binding. (b) The Borrower has ensured and shall ensure that the Communications provided through the Electronic Media to the Lender are provided by the Borrower and hereby agrees and confirms that the Lender shall not be responsible for conducting any verification whatsoever in this regard. (c) The Borrower confirms that the Lender shall not be bound to act in accordance with whole or any part of the communications as it may appear in the Communications so conveyed and the same shall be at the sole risk of the Borrower. (d) The Lender shall not be liable for the consequences of any act or any refusal or omission to act or deferment of action by the Lender on basis of the Communications through the Electronic Media. (e) The Lender shall not be required to await receipt of the Communications in writing before taking any action in connection with the Communications provided through any Electronic Media and the non-delivery and nonconformity of such Communications in writing shall not in any manner prejudice the Lender’s rights under this Agreement or otherwise. (f) The Lender may at any time whatsoever without assigning any reason withdraw or modify or add the facility(ies) provided to the Borrower in relation to the Communications through Electronic Media. . (g) The Borrower is aware and confirms that the Lender is agreeing to act on any Communications (g) Communications provided through Electronic Media only by reason of, and relying upon the undertaking and indemnities contained in this Clause.

Appears in 3 contracts

Samples: Loan Agreement, Loan Agreement, Loan Agreement

Electronic Media. 9.1 16.1 The Borrower hereby confirms, acknowledges and agrees that the online acceptance of this Agreement Terms including any addendums hereto through the Website or such other internet or web web-based means results in a binding contract between the Parties. 9.2 16.2 The Borrower is aware that transmission of this AgreementTerms, addendums to this Agreementthe Terms, terms and conditions, instructions, acceptances and communications (‘Communications’) through electronic means such as email, facsimile, SMS text messaging, websites, online acceptance, etc. (‘Electronic Media’) involves a number of risks including fraudulent alterations and incorrect transmissions and absence of confidentiality. However, the Borrower is desirous of receiving Communications from and providing addressing Communications to the Lender through the Electronic Media for various matters under this Agreement Terms including in relation to the Loan Facility and the operation thereof. 9.3 16.3 In consideration of the Lender permitting the same, the Borrower hereby irrevocably, confirms and undertakes to the Lender as under: (ai) The Lender shall be entitled (without being bound to do so) to rely upon the Communications provided through the Electronic Media (and believe the same to be genuine), for their requirements. In case of any question as to what were the Communications provided or received, requirements and the records of the Electronic Media received by the Lender shall be treated as final, conclusive and binding. (bii) The Borrower has ensured and shall ensure that the Communications provided through the Electronic Media to the Lender are provided by the Borrower and hereby agrees and confirms that the Lender shall not be responsible for conducting any verification whatsoever in this regard. (ciii) The Borrower confirms that the Lender shall not be bound to act in accordance with whole or any part of the communications as it may appear in the Communications so conveyed and the same shall be at the sole risk of the Borrower. (div) The Lender shall not be liable for the consequences of any act or any refusal or omission to act or deferment of action by the Lender on basis of the Communications through the Electronic Media. (ev) The Lender shall not be required to await receipt of the Communications communications in writing before taking any action in connection with the Communications provided through any Electronic Media and the non-delivery and nonconformity non-conformity of such Communications communications in writing shall not in any manner prejudice the Lender’s rights under this Agreement Terms or otherwise. (fvi) The Lender may at any time whatsoever without assigning any reason withdraw or modify or add the facility(ies) Facility provided to the Borrower in relation to the Communications through Electronic Media. The Borrower is aware and confirms that the Lender is agreeing to act on any Communications (g) provided through Electronic Media only by reason of, and relying upon the undertaking and indemnities contained in this Clause.

Appears in 2 contracts

Samples: Facility Agreement, General Terms and Conditions

Electronic Media. 9.1 The Borrower hereby confirms, acknowledges and agrees that the online acceptance of this Agreement including any addendums hereto through the Website or such other internet or web based means results in a binding contract between the Parties. 9.2 . The Borrower is aware that transmission of this Agreement, addendums to this Agreement, terms and conditions, instructions, acceptances and communications (‘Communications’) through electronic means such as email, facsimile, SMS text messaging, websites, online acceptance, etc. (‘Electronic Media’) involves a number of risks including fraudulent alterations and incorrect transmissions and absence of confidentiality. However, the Borrower is desirous of receiving Communications from and providing Communications to the Lender through the Electronic Media for various matters under this Agreement including in relation to the Loan and the operation thereof 9.3 . In consideration of the Lender permitting the same, the Borrower hereby irrevocably, confirms and undertakes to the Lender as under: (a) : o The Lender shall be entitled (without being bound to do so) to rely upon the Communications provided through the Electronic Media (and believe the same to be genuine), for their requirements. In case of any question as to what were the Communications provided or received, the records of the Electronic Media received by the Lender shall be treated as final, conclusive and binding. (b) . o The Borrower has ensured and shall ensure that the Communications provided through the Electronic Media to the Lender are provided by the Borrower and hereby agrees and confirms that the Lender shall not be responsible for conducting any verification whatsoever in this regard. (c) The Borrower confirms that the Lender shall not be bound to act in accordance with whole or any part of the communications as it may appear in the Communications so conveyed and the same shall be at the sole risk of the Borrower. (d) The Lender shall not be liable for the consequences of any act or any refusal or omission to act or deferment of action by the Lender on basis of the Communications through the Electronic Media. (e) The Lender shall not be required to await receipt of the Communications in writing before taking any action in connection with the Communications provided through any Electronic Media and the non-delivery and nonconformity of such Communications in writing shall not in any manner prejudice the Lender’s rights under this Agreement or otherwise. (f) The Lender may at any time whatsoever without assigning any reason withdraw or modify or add the facility(ies) provided to the Borrower in relation to the Communications through Electronic Media. The Borrower is aware and confirms that the Lender is agreeing to act on any Communications (g) provided through Electronic Media only by reason of, and relying upon the undertaking and indemnities contained in this Clause.

Appears in 1 contract

Samples: Loan Agreement

Electronic Media. 9.1 18.1. The Borrower hereby confirms, acknowledges and agrees that the online acceptance of this the Agreement including any addendums hereto through the Website or such other internet or web web-based means results in a binding contract between the Parties. 9.2 18.2. The Borrower is aware that transmission of this the Agreement, addendums to this the Agreement, terms and conditions, instructions, acceptances and communications (‘Communications’) through electronic means such as email, facsimile, SMS text messaging, websites, online acceptance, etc. (‘Electronic Media’) involves a number of risks including fraudulent alterations and incorrect transmissions and absence of confidentiality. However, the Borrower is desirous of receiving Communications from and providing addressing Communications to the Lender through the Electronic Media for various matters under this the Agreement including in relation to the Loan and the operation thereof. 9.3 18.3. In consideration of the Lender permitting the same, the Borrower hereby irrevocably, confirms and undertakes to the Lender as under: (ai) The Lender shall be entitled (without being bound to do so) to rely upon the Communications provided through the Electronic Media (and believe the same to be genuine), for their requirements. In case of any question as to what were the Communications provided or received, requirements and the records of the Electronic Media received by the Lender shall be treated as final, conclusive and binding. (bii) The Borrower has ensured and shall ensure that the Communications provided through the Electronic Media to the Lender are provided by the Borrower and hereby agrees and confirms that the Lender shall not be responsible for conducting any verification whatsoever in this regard. (ciii) The Borrower confirms that the Lender shall not be bound to act in accordance with whole or any part of the communications as it may appear in the Communications so conveyed and the same shall be at the sole risk of the Borrower. (div) The Lender shall not be liable for the consequences of any act or any refusal or omission to act or deferment of action by the Lender on basis of the Communications through the Electronic Media. (ev) The Lender shall not be required to await receipt of the Communications communications in writing before taking any action in connection with the Communications provided through any Electronic Media and the non-delivery and nonconformity non- conformity of such Communications communications in writing shall not in any manner prejudice the Lender’s rights under this the Agreement or otherwise. (fvi) The Lender may at any time whatsoever without assigning any reason withdraw or modify or add the facility(ies) facility/ies provided to the Borrower in relation to the Communications through Electronic Media. The Borrower is aware and confirms that the Lender is agreeing to act on any Communications (g) provided through Electronic Media only by reason of, and relying upon the undertaking and indemnities contained in this Clause.

Appears in 1 contract

Samples: Facility Agreement

Electronic Media. 9.1 The Borrower hereby confirms, acknowledges and agrees that the online acceptance of this Agreement including any addendums hereto through at the Website or such other internet or web based means results in a binding contract between the Parties. 9.2 The Borrower is aware that transmission of this Agreement, addendums to this Agreement, terms and conditions, instructions, acceptances and communications (‘Communications’) through electronic means such as email, facsimile, SMS text messaging, websites, online acceptance, etc. (‘Electronic Media’) involves a number of risks including fraudulent alterations and incorrect transmissions and absence of confidentiality. However, the Borrower is desirous of receiving Communications from and providing Communications to the Lender through the Electronic Media for various matters under this Agreement including in relation to the Loan and the operation thereof. 9.3 In consideration of the Lender permitting the same, the Borrower hereby irrevocably, confirms and undertakes to the Lender as under: (a) The Lender shall be entitled (without being bound to do so) to rely upon the Communications provided through the Electronic Media (and believe the same to be genuine), for their requirements. In case of any question as to what were the Communications provided or received, the records of the Electronic Media received by the Lender shall be treated as final, conclusive and binding. (b) The Borrower has ensured and shall ensure that the Communications provided through the Electronic Media to the Lender are provided by the Borrower and hereby agrees and confirms that the Lender shall not be responsible for conducting any verification whatsoever in this regard. (c) The Borrower confirms that the Lender shall not be bound to act in accordance with whole or any part of the communications as it may appear in the Communications so conveyed and the same shall be at the sole risk of the Borrower. (d) The Lender shall not be liable for the consequences of any act or any refusal or omission to act or deferment of action by the Lender on basis of the Communications through the Electronic Media. (e) The Lender shall not be required to await receipt of the Communications in writing before taking any action in connection with the Communications provided through any Electronic Media and the non-delivery and nonconformity non-conformity of such Communications in writing shall not in any manner prejudice the Lender’s rights Lender’srights under this Agreement or otherwise. (f) The Lender may at any time whatsoever without assigning any reason withdraw or modify or add the facility(ies) facility/ies provided to the Borrower in relation to the Communications through Electronic Media. . (g) The Borrower is aware and confirms that the Lender is agreeing to act on any Communications (g) Communications provided through Electronic Media only by reason of, and relying upon the undertaking and indemnities contained in this Clause.

Appears in 1 contract

Samples: Personal Loan Agreement

Electronic Media. 9.1 18.1 The Borrower hereby confirms, acknowledges and agrees that the online acceptance of this the Agreement including any addendums hereto through the Website or such other internet or web web- based means results in a binding contract between the Parties. 9.2 18.2 The Borrower is aware that transmission of this the Agreement, addendums to this the Agreement, terms and conditions, instructions, acceptances and communications (‘Communications’) through electronic means such as email, facsimilef, SMS text messaging, websites, online acceptance, etc. (‘Electronic Media’) involves a number of risks including fraudulent alterations and incorrect transmissions and absence of confidentiality. However, the Borrower is desirous of receiving Communications from and providing addressing Communications to the Lender through the Electronic Media for various matters under this the Agreement including in relation to the Loan and the operation thereof. 9.3 18.3 In consideration of the Lender permitting the same, the Borrower hereby irrevocably, confirms and undertakes to the Lender as under: (ai) The Lender shall be entitled (without being bound to do so) to rely upon the Communications provided through the Electronic Media (and believe the same to be genuine), for their requirements. In case of any question as to what were the Communications provided or received, requirements and the records of the Electronic Media received by the Lender shall be treated as final, conclusive and binding. (bii) The Borrower has ensured and shall ensure that the Communications provided through the Electronic Media to the Lender are provided by the Borrower and hereby agrees and confirms that the Lender shall not be responsible for conducting any verification whatsoever in this regard. (ciii) The Borrower confirms that the Lender shall not be bound to act in accordance with whole or any part of the communications as it may appear in the Communications so conveyed and the same shall be at the sole risk of the Borrower. (div) The Lender shall not be liable for the consequences of any act or any refusal or omission to act or deferment of action by the Lender on basis of the Communications through the Electronic Media. (ev) The Lender shall not be required to await receipt of the Communications communications in writing before taking any action in connection with the Communications provided through any Electronic Media and the non-delivery and nonconformity non-conformity of such Communications communications in writing shall not in any manner prejudice the Lender’s rights under this the Agreement or otherwise. (fvi) The Lender may at any time whatsoever without assigning any reason withdraw or modify or add the facility(ies) facility/ies provided to the Borrower in relation to the Communications through Electronic Media. The Borrower is aware and confirms that the Lender is agreeing to act on any Communications (g) provided through Electronic Media only by reason of, and relying upon the undertaking and indemnities contained in this Clause.

Appears in 1 contract

Samples: Facility Agreement

Electronic Media. 9.1 a) The Borrower hereby confirms, acknowledges and agrees that the online acceptance of this the Agreement including any addendums hereto through the Website or such other internet or web web-based means results in a binding contract between the Parties. 9.2 b) The Borrower is aware that transmission of this the Agreement, addendums to this the Agreement, terms and conditions, instructions, acceptances and communications (‘Communications’) through electronic means such as email, facsimilef, SMS text messaging, websites, online acceptance, etc. (‘Electronic Media’) involves a number of risks including fraudulent alterations and incorrect transmissions and absence of confidentiality. However, the Borrower is desirous of receiving Communications from and providing addressing Communications to the Lender through the Electronic Media for various matters under this the Agreement including in relation to the Loan and the operation thereof. 9.3 c) In consideration of the Lender permitting the same, the Borrower hereby irrevocably, confirms and undertakes to the Lender as under: (ai) The Lender shall be entitled (without being bound to do so) to rely upon the Communications provided through the Electronic Media (and believe the same to be genuine), for their requirements. In case of any question as to what were the Communications provided or received, requirements and the records of the Electronic Media received by the Lender shall be treated as final, conclusive and binding. (bii) The Borrower has ensured and shall ensure that the Communications provided through the Electronic Media to the Lender are provided by the Borrower and hereby agrees and confirms that the Lender shall not be responsible for conducting any verification whatsoever in this regard. (ciii) The Borrower confirms that the Lender shall not be bound to act in accordance with whole or any part of the communications as it may appear in the Communications so conveyed and the same shall be at the sole risk of the Borrower. (div) The Lender shall not be liable for the consequences of any act or any refusal or omission to act or deferment of action by the Lender on basis of the Communications through the Electronic Media. (ev) The Lender shall not be required to await receipt of the Communications communications in writing before taking any action in connection with the Communications provided through any Electronic Media and the non-delivery and nonconformity non-conformity of such Communications communications in writing shall not in any manner prejudice the Lender’s rights under this the Agreement or otherwise. (fvi) The Lender may at any time whatsoever without assigning any reason withdraw or modify or add the facility(ies) facility/ies provided to the Borrower in relation to the Communications through Electronic Media. . (vii) The Borrower is aware and confirms that the Lender is agreeing to act on any Communications (g) Communications provided through Electronic Media only by reason of, and relying upon the undertaking and indemnities contained in this Clause.

Appears in 1 contract

Samples: Credit Facility Agreement

Electronic Media. 9.1 The Borrower hereby confirms, acknowledges and agrees that the online acceptance of this Agreement including any addendums hereto through the Website or such other internet or web based means results in a binding contract between the Parties. 9.2 i. The Borrower is aware that transmission of this Agreement, addendums to this Agreement, terms and conditions, instructions, acceptances and communications (‘Communications’) through electronic means such as email, facsimile, SMS text messaging, websites, online acceptance, etc. (‘Electronic Media’) involves a number of risks including fraudulent alterations and incorrect transmissions and absence of confidentiality. However, the Borrower is desirous of receiving Communications from and providing Communications to the Lender through the Electronic Media for various matters under this Agreement including in relation to the Loan and the operation thereof. 9.3 ii. In consideration of the Lender permitting the same, the Borrower hereby irrevocably, confirms and undertakes to the Lender as under: (a) The Lender shall be entitled (without being bound to do so) to rely upon the Communications provided through the Electronic Media (and believe the same to be genuine), for their requirements. In case of any question as to what were the Communications provided or received, the records of the Electronic Media received by the Lender shall be treated as final, conclusive and binding. (b) The Borrower has ensured and shall ensure that the Communications provided through the Electronic Media to the Lender are provided by the Borrower and hereby agrees and confirms that the Lender shall not be responsible for conducting any verification whatsoever in this regard. (c) The Borrower confirms that the Lender shall not be bound to act in accordance with whole or any part of the communications as it may appear in the Communications so conveyed and the same shall be at the sole risk of the Borrower. (d) The Lender shall not be liable for the consequences of any act or any refusal or omission to act or deferment of action by the Lender on basis of the Communications through the Electronic Media. (e) The Lender shall not be required to await receipt of the Communications in writing before taking any action in connection with the Communications provided through any Electronic Media and the non-delivery and nonconformity non-conformity of such Communications in writing shall not in any manner prejudice the Lender’s rights under this Agreement or otherwise. (f) The Lender may at any time whatsoever without assigning any reason withdraw or modify or add the facility(ies) facility/ies provided to the Borrower in relation to the Communications through Electronic Media. . g) The Borrower is aware and confirms that the Lender is agreeing to act on any Communications (g) Communications provided through Electronic Media only by reason of, and relying upon the undertaking and indemnities contained in this Clause.

Appears in 1 contract

Samples: Personal Loan Agreement

Electronic Media. 9.1 a) The Borrower hereby confirms, acknowledges and agrees that the online acceptance of this the Agreement including any addendums hereto through the Website or such other internet or web web-based means results in a binding contract between the Parties. 9.2 b) The Borrower is aware that transmission of this the Agreement, addendums to this the Agreement, terms and conditions, instructions, acceptances and communications (‘Communications’) through electronic means such as email, facsimilef, SMS text messaging, websites, online acceptance, etc. (‘Electronic Media’) involves a number of risks including fraudulent alterations and incorrect transmissions and absence of confidentiality. However, the Borrower is desirous of receiving Communications from and providing addressing Communications to the Lender through the Electronic Media for various matters under this the Agreement including in relation to the Loan and the operation thereof. 9.3 c) In consideration of the Lender permitting the same, the Borrower hereby irrevocably, confirms and undertakes to the Lender as under: (ai) The Lender shall be entitled (without being bound to do so) to rely upon the Communications provided through the Electronic Media (and believe the same to be genuine), for their requirements. In case of any question as to what were the Communications provided or received, requirements and the records of the Electronic Media received by the Lender shall be treated as final, conclusive and binding. (bii) The Borrower has ensured and shall ensure that the Communications provided through the Electronic Media to the Lender are provided by the Borrower and hereby agrees and confirms that the Lender shall not be responsible for conducting any verification whatsoever in this regard. (ciii) The Borrower confirms that the Lender shall not be bound to act in accordance with whole or any part of the communications as it may appear in the Communications so conveyed and the same shall be at the sole risk of the Borrower. (div) The Lender shall not be liable for the consequences of any act or any refusal or omission to act or deferment of action by the Lender on basis of the Communications through the Electronic Media. (ev) The Lender shall not be required to await receipt of the Communications communications in writing before taking any action in connection with the Communications provided through any Electronic Media and the non-delivery and nonconformity non-conformity of such Communications communications in writing shall not in any manner prejudice the Lender’s rights under this the Agreement or otherwise. (fvi) The Lender may at any time whatsoever without assigning any reason withdraw or modify or add the facility(ies) facility/ies provided to the Borrower in relation to the Communications through Electronic Media. The Borrower is aware and confirms that the Lender is agreeing to act on any Communications (g) provided through Electronic Media only by reason of, and relying upon the undertaking and indemnities contained in this Clause.

Appears in 1 contract

Samples: General Terms and Conditions

Electronic Media. 9.1 6.1 The Borrower hereby confirms, acknowledges and agrees that the online acceptance of this the application through mobile applications / Agreement including any addendums hereto through on the Website or such other internet or web based means results in a binding contract between the Parties. 9.2 6.2 The Borrower is aware that transmission of this Agreement, addendums to this the Agreement, terms and conditions, instructions, acceptances acceptance and communications (‘Communications’) through electronic means such as email, facsimile, SMS text messaging, websites, online acceptanceacceptance etc, etc. (Electronic Media) involves a number of risks including fraudulent alterations and incorrect transmissions and absence of confidentiality. However, the Borrower is may be desirous of receiving Communications from and providing Communications to the Lender through the Electronic Media for various matters under this Agreement Agree- ment including in relation to the Loan and the operation thereof. 9.3 6.3 In consideration of the Lender permitting the same, the Borrower hereby irrevocably, irrevocably confirms and undertakes to the Lender as under: (a) The the Lender shall be entitled (without being bound to do so) to rely upon the Communications communications provided through the Electronic Media electronic media (and believe the same to be genuine), ) for their requirements. In case of any question as to what were the Communications communications provided or received, the records of the Electronic Media electronic media received by the Lender shall be treated as final, conclusive and binding. (b) The Borrower has ensured and shall ensure that the Communications provided through the Electronic Media elec- tronic media to the Lender are provided by the Borrower and hereby agrees and confirms that the Lender shall not be responsible for conducting any verification whatsoever in this regard. (c) The Borrower confirms that the Lender shall not be bound to act in accordance with whole or any part of the communications as it may appear in the Communications so conveyed and the same shall be at the sole risk of the Borrower. (d) The Lender shall not be liable for the consequences of any act or any refusal or omission to act or deferment of action by the Lender on basis of the Communications through the Electronic Media. (e) The Lender shall not be required to await receipt of the Communications in writing before taking any action in connection with the Communications provided through any Electronic Media and the non-delivery and nonconformity of such Communications in writing shall not in any manner prejudice the Lender’s rights under this Agreement or otherwise. (f) The Lender may at any time whatsoever without assigning any reason withdraw or modify or add the facility(ies) provided to the Borrower in relation to the Communications through Electronic Media. The Borrower is aware and confirms that the Lender is agreeing to act on any Communications (g) communications provided through Electronic Media electronic media only by reason of, and relying upon the undertaking and indemnities indemni- ties contained in this Clausetherein. (d) the Lender shall not be liable for any consequences or any act or refusal or omission to act or deferment of action by the Lender.

Appears in 1 contract

Samples: Master Loan Agreement

Electronic Media. 9.1 (i) The Borrower hereby confirms, acknowledges and agrees that the online acceptance of this Agreement including any addendums hereto through on the internet/world wide web/ Website or such other internet or web based means results in a binding contract between the Parties.Parties hereto 9.2 (ii) The Borrower is aware that transmission of this Agreement, addendums to this Agreement, terms and conditions, instructions, acceptances and communications (Communications’) through electronic means such as email, facsimile, SMS text messaging, websites, online acceptance, etc. (Electronic Media’) involves a number of risks including fraudulent alterations and incorrect transmissions and absence of confidentiality. However, the Borrower is desirous of receiving Communications from and providing Communications to the Lender BFL through the Electronic Media for various matters under this Agreement including in relation to the Loan and the operation thereof. 9.3 (iii) In consideration of the Lender BFL permitting the same, the Borrower hereby irrevocably, confirms and undertakes to the Lender with BFL as under: (a) The Lender BFL shall be entitled (without being bound to do so) to rely upon the Communications provided through the Electronic Media (and believe the same to be genuine), for their any requirements. In case of any question as to what were the Communications provided or received, the records of the Electronic Media received by the Lender BFL shall be treated as final, conclusive and binding. (b) The Borrower has ensured and shall ensure that the Communications provided through the Electronic Media to the Lender BFL are provided by the Borrower and hereby agrees and confirms that the Lender BFL shall not be responsible for conducting any verification whatsoever in this regard. (c) The Borrower confirms that the Lender BFL shall not be bound to act in accordance with whole or any part of the communications Communications as it may appear in the Communications so conveyed and the same shall be at the sole risk of the Borrower. (d) The Lender shall not be liable for the consequences of any act or any refusal or omission to act or deferment of action by the Lender on basis of the Communications through the Electronic Media. (e) The Lender shall not be required to await receipt of the Communications in writing before taking any action in connection with the Communications provided through any Electronic Media and the non-delivery and nonconformity of such Communications in writing shall not in any manner prejudice the Lender’s rights under this Agreement or otherwise. (f) The Lender may at any time whatsoever without assigning any reason withdraw or modify or add the facility(ies) provided to the Borrower in relation to the Communications through Electronic Media. The Borrower is aware and confirms that the Lender is agreeing to act on any Communications (g) provided through Electronic Media only by reason of, and relying upon the undertaking and indemnities contained in this Clause.

Appears in 1 contract

Samples: Loan Agreement

Electronic Media. 9.1 The Borrower hereby confirms, acknowledges and agrees that the online acceptance of this Agreement including any addendums hereto through the Website or such other internet or web based means results in a binding contract between the Parties. 9.2 The Borrower is aware that transmission of this Agreement, addendums to this Agreement, terms and conditions, instructions, acceptances and communications (‘Communications’) through electronic means such as email, facsimile, SMS text messaging, websites, online acceptance, etc. (‘Electronic Media’) involves a number of risks including fraudulent alterations and incorrect transmissions and absence of confidentiality. However, the Borrower is desirous of receiving Communications from and providing Communications to the Lender through the Electronic Media for various matters under this Agreement including in relation to the Loan and the operation thereof. 9.3 In consideration of the Lender permitting the same, the Borrower hereby irrevocably, confirms and undertakes to the Lender as under: (a) The Lender shall be entitled (without being bound to do so) to rely upon the Communications provided through the Electronic Media (and believe the same to be genuine), for their requirements. In case of any question as to what were the Communications provided or received, the records of the Electronic Media received by the Lender shall be treated as final, conclusive and binding. (b) The Borrower has ensured and shall ensure that the Communications provided through the Electronic Media to the Lender are provided by the Borrower and hereby agrees and confirms that the Lender shall not be responsible for conducting any verification whatsoever in this regard. (c) The Borrower confirms that the Lender shall not be bound to act in accordance with whole or any part of the communications as it may appear in the Communications so conveyed and the same shall be at the sole risk of the Borrower. (d) The Lender shall not be liable for the consequences of any act or any refusal or omission to act or deferment of action by the Lender on basis of the Communications through the Electronic Media. (e) The Lender shall not be required to await receipt of the Communications in writing before taking any action in connection with the Communications provided through any Electronic Media and the non-delivery and nonconformity non-conformity of such Communications in writing shall not in any manner prejudice the Lender’s rights under this Agreement or otherwise. (f) The Lender may at any time whatsoever without assigning any reason withdraw or modify or add the facility(ies) facility/ies provided to the Borrower in relation to the Communications through Electronic Media. The Borrower is aware and confirms that the Lender is agreeing to act on any Communications (g) Communications provided through Electronic Media only by reason of, and relying upon the undertaking and indemnities contained in in (g) this Clause.

Appears in 1 contract

Samples: Loan Agreement

Electronic Media. 9.1 The Borrower hereby confirms, acknowledges and agrees that the online acceptance of this Agreement including any addendums hereto through the Website or such other internet or web based means results in a binding contract between the Parties. 9.2 . The Borrower is aware that transmission of this Agreement, addendums to this Agreement, terms and conditions, instructions, acceptances and communications (‘Communications’) through electronic means such as email, facsimile, SMS text messaging, websites, online acceptance, etc. (‘Electronic Media’) involves a number of risks including fraudulent alterations and incorrect transmissions and absence of confidentiality. However, the Borrower is desirous of receiving Communications from and providing Communications to the Lender through the Electronic Media for various matters under this Agreement including in relation to the Loan and the operation thereof 9.3 . In consideration of the Lender permitting the same, the Borrower hereby irrevocably, confirms and undertakes to the Lender as under: (a) : • The Lender shall be entitled (without being bound to do so) to rely upon the Communications provided through the Electronic Media (and believe the same to be genuine), for their requirements. In case of any question as to what were the Communications provided or received, the records of the Electronic Media received by the Lender shall be treated as final, conclusive and binding. (b) . • The Borrower has ensured and shall ensure that the Communications provided through the Electronic Media to the Lender are provided by the Borrower and hereby agrees and confirms that the Lender shall not be responsible for conducting any verification whatsoever in this regard. (c) . • The Borrower confirms that the Lender shall not be bound to act in accordance with whole or any part of the communications as it may appear in the Communications so conveyed and the same shall be at the sole risk of the Borrower. (d) . • The Lender shall not be liable for the consequences of any act or any refusal or omission to act or deferment of action by the Lender on basis of the Communications through the Electronic Media. (e) . • The Lender shall not be required to await receipt of the Communications in writing before taking any action in connection with the Communications provided through any Electronic Media and the non-delivery and nonconformity non-conformity of such Communications in writing shall not in any manner prejudice the Lender’s rights under this Agreement or otherwise. (f) . • The Lender may at any time whatsoever without assigning any reason withdraw or modify or add the facility(ies) facility/ies provided to the Borrower in relation to the Communications through Electronic Media. The Borrower is aware and confirms that the Lender is agreeing to act on any Communications (g) Communications provided through Electronic Media only by reason of, and relying upon the undertaking and indemnities contained in this Clause.

Appears in 1 contract

Samples: General Loan Agreement

Electronic Media. 9.1 The Borrower hereby confirms, acknowledges and agrees that the online acceptance of this Agreement including any addendums hereto through the Website or such other internet or web based means results in a binding contract between the Parties. 9.2 The Borrower is aware that transmission of this Agreement, addendums to this Agreement, terms and conditions, instructions, acceptances and communications (‘Communications’) through electronic means such as email, facsimile, SMS text messaging, websites, online acceptance, etc. (‘Electronic Media’) involves a number of risks including fraudulent alterations and incorrect transmissions and absence of confidentiality. However, the Borrower is desirous of receiving Communications from and providing Communications to the Lender through the Electronic Media for various matters under this Agreement including in relation to the Loan and the operation thereof. 9.3 In consideration of the Lender permitting the same, the Borrower hereby irrevocably, confirms and undertakes to the Lender as under: (a) The Lender shall be entitled (without being bound to do so) to rely upon the Communications provided through the Electronic Media (and believe the same to be genuine), for their requirements. In case of any question as to what were the Communications provided or received, the records of the Electronic Media received by the Lender shall be treated as final, conclusive and binding. (b) The Borrower has ensured and shall ensure that the Communications provided through the Electronic Media to the Lender are provided by the Borrower and hereby agrees and confirms that the Lender shall not be responsible for conducting any verification whatsoever in this regard. (c) The Borrower confirms that the Lender shall not be bound to act in accordance with whole or any part of the communications as it may appear in the Communications so conveyed and the same shall be at the sole risk of the Borrower. (d) The Lender shall not be liable for the consequences of any act or any refusal or omission to act or deferment of action by the Lender on basis of the Communications through the Electronic Media. (e) The Lender shall not be required to await receipt of the Communications in writing before taking any action in connection with the Communications provided through any Electronic Media and the non-delivery and nonconformity non-conformity of such Communications in writing shall not in any manner prejudice the Lender’s rights under this Agreement or otherwise. (f) The Lender may at any time whatsoever without assigning any reason withdraw or modify or add the facility(ies) facility/ies provided to the Borrower in relation to the Communications through Electronic Media. . (g) The Borrower is aware and confirms that the Lender is agreeing to act on any Communications (g) Communications provided through Electronic throughElectronic Media only by reason of, and relying upon the undertaking and indemnities contained in this Clause.

Appears in 1 contract

Samples: Personal Loan Agreement