EXECUTIVE MERIT. Executive merit shall be provided by the certifications issued by THE BANK and reviewed by the Authorized Public Accountant, in which THE BANK makes of record the credit balance(s) appearing in its accounting books against THE CUSTOMER with respect to any BANKING SERVICE (S) covered under this BANKING PRODUCTS AND SERVICES AGREEMENT. THE CUSTOMER waives the executive judgment proceedings in the event that THE BANK shall appeal to the courts to assert its rights.
EXECUTIVE MERIT. This purchase order serves executive merit, and therefore any of the obligations arising from this contact may be demanded executively by either of the contracting parties.
EXECUTIVE MERIT. The parties acknowledge and accept that this CONTRACT has executive merit for the judicial enforcement of the fulfillment of all, some, or any of the obligations to give, do, or not do that derive from it and may resort to the ordinary jurisdiction. For this purpose, THE BANK may use the CONTRACT and/or the promissory note it has or may come to have in its favor.
EXECUTIVE MERIT. This Agreement will provide executive merit to enforce and collect the obligations stipulated therein.
