Common use of Financial Costs Clause in Contracts

Financial Costs. The volume of payable amount: [volume and currency] on a monthly basis <or> [in accordance with the attached payment schedule]. Commission fee for allowance of overdraft limit: [number] %. 12[Commission fee for overdraft withdrawal from an ATM: [number] %] 13[Description of the cost]: [volume]] Amount and currency of the overdraft: [figure] [currency]. Term of effectiveness of the overdraft: [term]. Term of effectiveness of the Agreement: [term]. The volume of the total amount payable by the Customer: [figure] [currency]. The volume of the total amount receivable by the Customer: [figure] [currency]. Penalty for past due repayment of the utilized overdraft amount(s) or/and interest accrued thereon: [in figures and in words] % of the overdue amount per each day of delay, not more than 0.27% of the utilized amount per each day of delay14[, besides, in addition, one-time GEL 20 per each first day of delay], till full elimination of the arrears pursuant to the procedure set forth under the legislation. Total volume of the expenses imposed during the period from commencement of the delay till its full elimination shall not exceed 1.5 as much of the current remaining principal balance. 15[Penalty for termination an overdraft agreement before expiration of the Overdraft term of effectiveness: [?]] 16[Collateral of the overdraft: [insert the respective collateral]] In case of one or more current due/overdue debt/liability against the Bank, if the amount on the Customer’s account is not/will not be sufficient to fully cover more than one due/overdue debt/liability, the Customer is authorized to visit the Bank Service Centre no later than the end of the working hours of the day when such case takes place and choose the order of payment of more than one due/overdue debt/liability. In case if the Client will not choose the order of payment of liabilities, first of all the liabilities arising out of overdue overdraft will be covered, then credit cards, credits, term overdrafts, pawn loans will be covered, unless the Bank decides otherwise. 17[In case of early payment/refinancing of the overdraft amount in full or partially during the grace period, if any, first of all the commission fee shall be paid (if any), then the penalty (if any), then the interest accrued during the grace period, then the overdraft amount and finally other payables. The above order of priority may be changed at the Bank’s discretion.] 18[Effective interest rate of the overdraft in case of possible 15% annual devaluation of GEL: [figure] %] The Bank is authorized to hand over the copy(ies) of the Agreement (including the copy(ies) of Significant Conditions of the Agreement and any Annex(es)) to guarantor/co-borrower of the Agreement, as well as to the parties to the pledge/mortgage/bank guarantee agreement executed to secure the Agreement. In case of modifying important terms of the agreement, the client will be informed at least 2 (two) months before the amendment, and in case of an increase in the price of another financial product - at least one month before. At the same time, if any condition of the Agreement is modified due to occurrence of circumstances caused by the Customer’s action (if any) specified in the current significant conditions, the Bank notifies the Customer of the above within five working days after the implementation of changes. The notification shall be sent to the Customer to the address of the Customer stated/recorded in the Bank, in writing and/or electronically (including unambiguously notifications sent via courier service or registered mail, fax, email, SMS and remote banking services (including Mobile Banking, Internet Banking and/or other)). Changes to the conditions of the Agreement implemented in favor of the Customer, do not require the Customer's consent and/or approval and/or notification of the Customer in any form. The Bank is authorized to demand from the Customer to cover the overdraft amount, interest rate accrued to it, any penalties and any other payables (in case of existence) at any time. The Bank is authorized to write off without acceptance from any account of the Customer, including the deposit account of the Customer, all payables, and if the term deposit is not a collateral of the overdraft, writing off amounts from such deposit account is possible only upon expiration of the term of the deposit. Furthermore, a payable shall be first of all paid from the account of the currency in which currency the payment obligation exists, unless the Customer defines otherwise. In case of non-fulfillment and/or improper fulfillment of obligations assumed by the Customer under the Agreement the Bank is authorized to direct foreclosure to immovable and movable property and/or intangible assets of the Customer, as a result of which the accounts and/or property of the Customer/Borrower may be attached, as well as immovable and movable property and/or intangible assets sold in the manner stipulated by the Agreement (including through compulsory execution). Based on a Customer’s written application submitted to the Bank or in cases specified by the Bank, the amount of the overdraft and the interest rate thereof can be repaid ahead of the deadlines envisaged by the Agreement/payment schedule via remote channels. Furthermore, placement of respective amount on the Customer’s account is not sufficient for early repayment of the overdraft.

Financial Costs. The volume of payable amount: [volume and currency] on a monthly basis <or> [in accordance with the attached payment schedule]. Commission fee for allowance of overdraft limit: [number] %. 12[Commission 18[Commission fee for overdraft withdrawal from an ATM: [number] %] 13[Description 19[Description of the cost]: [volume]] Amount and currency of the overdraft: [figure] [currency]. Term of effectiveness of the overdraft: [term]. Term of effectiveness of the Agreement: [term]. The volume of the total amount payable by the Customer: [figure] [currency]. The volume of the total amount receivable by the Customer: [figure] [currency]. Penalty for past due repayment of the utilized overdraft amount(s) or/and interest accrued thereon: [in figures and in words] % of the overdue amount per each day of delay, not more than 0.27% of the utilized amount per each day of delay14delay20[, besides, in addition, one-time GEL 20 per each first day of delay], till full elimination of the arrears pursuant to the procedure set forth under the legislation. Total volume of the expenses imposed during the period from commencement of the delay till its full elimination shall not exceed 1.5 as much of the current remaining principal balance. 15[Penalty 21[Penalty for termination an overdraft agreement before expiration of the Overdraft term of effectiveness: [?]] 16[Collateral 22[Collateral of the overdraft: [insert the respective collateral]] In case of one or more current due/overdue debt/liability against the Bank, if the amount on the Customer’s account is not/will not be sufficient to fully cover more than one due/overdue debt/liability, the Customer is authorized to visit the Bank Service Centre no later than the end of the working hours of the day when such case takes place and choose the order of payment of more than one due/overdue debt/liability. In case if the Client will not choose the order of payment of liabilities, first of all the liabilities arising out of overdue overdraft will be covered, then credit cards, credits, term overdrafts, pawn loans will be covered, unless the Bank decides otherwise. 17[In 23[In case of early payment/refinancing of the overdraft amount in full or partially during the grace period, if any, first of all the commission fee shall be paid (if any), then the penalty (if any), then the interest accrued during the grace period, then the overdraft amount and finally other payables. The above order of priority may be changed at the Bank’s discretion.] 18[Effective The following public index is used to form the interest rate: [?] 24[Effective annual interest rate of the overdraft in case of increase of public index by possible 3 (three) interest points since accommodation of the overdraft until expiration of the term of the Agreement: [figure] %] 25[Effective annual interest rate of the overdraft in case of increase of public index by possible 5 (five) interest points since accommodation of the overdraft until expiration of the term of the Agreement: [figure] %] For the detailed information on [?] rate and the rule of its calculation see the website: [website]. Information regarding the above index will be furnished to the Customer regularly, in case of each change of the index, within not less than 15 (fifteen) calendar days after introducing the change, via one of the communication means defined by the Agreement. 26[Effective interest rate of the overdraft in case of possible 15% annual devaluation of GEL: [figure] %] The Bank is authorized to hand over the copy(ies) of the Agreement (including the copy(ies) of Significant Conditions of the Agreement and any Annex(es)) to guarantor/co-borrower of the Agreement, as well as to the parties to the pledge/mortgage/bank guarantee agreement executed to secure the Agreement. In case of modifying important terms of the agreement, the client will be informed at least 2 (two) months before the amendment, and in case of an increase in the price of another financial product - at least one month before. At the same time, if any condition of the Agreement is modified due to occurrence of circumstances caused by the Customer’s action (if any) specified in the current significant conditions, the Bank notifies the Customer of the above within five working days after the implementation of changes. The notification shall be sent to the Customer to the address of the Customer stated/recorded in the Bank, in writing and/or electronically (including unambiguously notifications sent via courier service or registered mail, fax, email, SMS and remote banking services (including Mobile Banking, Internet Banking and/or other)). Changes to the conditions of the Agreement implemented in favor of the Customer, do not require the Customer's consent and/or approval and/or notification of the Customer in any form. The Bank is authorized to demand from the Customer to cover the overdraft amount, interest rate accrued to it, any penalties and any other payables (in case of existence) at any time. The Bank is authorized to write off without acceptance from any account of the Customer, including the deposit account of the Customer, all payables, and if the term deposit is not a collateral of the overdraft, writing off amounts from such deposit account is possible only upon expiration of the term of the deposit. Furthermore, a payable shall be first of all paid from the account of the currency in which currency the payment obligation exists, unless the Customer defines otherwise. In case of non-fulfillment and/or improper fulfillment of obligations assumed by the Customer under the Agreement the Bank is authorized to direct foreclosure to immovable and movable property and/or intangible assets of the Customer, as a result of which the accounts and/or property of the Customer/Borrower may be attached, as well as immovable and movable property and/or intangible assets sold in the manner stipulated by the Agreement (including through compulsory execution). Based on a Customer’s written application submitted to the Bank or in cases specified by the Bank, the amount of the overdraft and the interest rate thereof can be repaid ahead of the deadlines envisaged by the Agreement/payment schedule via remote channels. Furthermore, placement of respective amount on the Customer’s account is not sufficient for early repayment of the overdraft.

Financial Costs. The volume of payable amount: [volume and currency] on a monthly basis <or> [in accordance with the attached payment schedule]. Commission fee for allowance of overdraft limit: [number] %. 12[Commission 18[Commission fee for overdraft withdrawal from an ATM: [number] %] 13[Description 19[Description of the cost]: [volume]] Amount and currency of the overdraft: [figure] [currency]. Term of effectiveness of the overdraft: [term]. Term of effectiveness of the Agreement: [term]. The volume of the total amount payable by the Customer: [figure] [currency]. The volume of the total amount receivable by the Customer: [figure] [currency]. Penalty for past due repayment of the utilized overdraft amount(s) or/and interest accrued thereon: [in figures and in words] % of the overdue amount per each day of delay, not more than 0.27% of the utilized amount per each day of delay14delay20[, besides, in addition, one-time GEL 20 per each first day of delay], till full elimination of the arrears pursuant to the procedure set forth under the legislation. Total volume of the expenses imposed during the period from commencement of the delay till its full elimination shall not exceed 1.5 as much of the current remaining principal balance. 15[Penalty 21[Penalty for termination an overdraft agreement before expiration of the Overdraft term of effectiveness: [?]] 16[Collateral 22[Collateral of the overdraft: [insert the respective collateral]] In case of one or more current due/overdue debt/liability against the Bank, if the amount on the Customer’s account is not/will not be sufficient to fully cover more than one due/overdue debt/liability, the Customer is authorized to visit the Bank Service Centre no later than the end of the working hours of the day when such case takes place and choose the order of payment of more than one due/overdue debt/liability. In case if the Client will not choose the order of payment of liabilities, first of all the liabilities arising out of overdue overdraft will be covered, then credit cards, credits, term overdrafts, pawn loans will be covered, unless the Bank decides otherwise. 17[In 23[In case of early payment/refinancing of the overdraft amount in full or partially during the grace period, if any, first of all the commission fee shall be paid (if any), then the penalty (if any), then the interest accrued during the grace period, then the overdraft amount and finally other payables. The above order of priority may be changed at the Bank’s discretion.] 18[Effective The following public index is used to form the interest rate: [?] 24[Effective annual interest rate of the overdraft in case of increase of public index by possible 3 (three) interest points since accommodation of the overdraft until expiration of the term of the Agreement: [figure] %] 25[Effective annual interest rate of the overdraft in case of increase of public index by possible 5 (five) interest points since accommodation of the overdraft until expiration of the term of the Agreement: [figure] %] For the detailed information on [?] rate and the rule of its calculation see the website: [website]. Information regarding the above index will be furnished to the Customer regularly, in case of each change of the index, within not less than 15 (fifteen) calendar days after introducing the change, via one of the communication means defined by the Agreement. 26[Effective interest rate of the overdraft in case of possible 15% annual devaluation of GEL: [figure] %] The Bank is authorized to hand over the copy(ies) of the Agreement (including the copy(ies) of Significant Conditions of the Agreement and any Annex(es)) to guarantor/co-borrower of the Agreement, as well as to the parties to the pledge/mortgage/bank guarantee agreement executed to secure the Agreement. In case of modifying important terms of the agreementThe Bank is authorized to unilaterally, the client will be informed at least any time, upon sending a 2 (two) months before prior notification to the amendment, and Customer in case of an increase changing the Significant Conditions of the Agreement and a 30 (thirty) calendar days prior notification in the case of growth of price of another other financial product - at least one month beforeproduct, modify conditions of the Agreement. At the same time, if any condition of the Agreement is modified due to occurrence of circumstances caused by the Customer’s action (if any) specified in the current significant conditions, the Bank notifies the Customer of the above within five working days after the implementation of changes. The notification shall be sent to the Customer to the address of the Customer stated/recorded in the Bank, in writing and/or electronically (including unambiguously notifications sent via courier service or registered mail, fax, email, SMS and remote banking services (including Mobile Banking, Internet Banking and/or other)). Changes to the conditions of the Agreement implemented in favor of the Customer, do not require the Customer's consent and/or approval and/or notification of the Customer in any form. Changes and addenda introduced into the Agreement (including unilaterally) constitute an integral part of the Agreement. The Bank is authorized to demand from the Customer to cover the overdraft amount, interest rate accrued to it, any penalties and any other payables (in case of existence) at any time. The Bank is authorized to write off without acceptance from any account of the Customer, including the deposit account of the Customer, all payables, and if the term deposit is not a collateral of the overdraft, writing off amounts from such deposit account is possible only upon expiration of the term of the deposit. Furthermore, a payable shall be first of all paid from the account of the currency in which currency the payment obligation exists, unless the Customer defines otherwise. In case of non-fulfillment and/or improper fulfillment of obligations assumed by the Customer under the Agreement the Bank is authorized to direct foreclosure to immovable and movable property and/or intangible assets of the Customer, as a result of which the accounts and/or property of the Customer/Borrower may be attached, as well as immovable and movable property and/or intangible assets sold in the manner stipulated by the Agreement (including through compulsory execution). Based on a Customer’s written application submitted to the Bank or in cases specified by the Bank, the amount of the overdraft and the interest rate thereof can be repaid ahead of the deadlines envisaged by the Agreement/payment schedule via remote channels. Furthermore, placement of respective amount on the Customer’s account is not sufficient for early repayment of the overdraft.

Financial Costs. The volume of payable amount: [volume and currency] on a monthly basis <or> [in accordance with the attached payment schedule]. Commission fee for allowance of overdraft limit: [number] %. 12[Commission 14[Commission fee for overdraft withdrawal from an ATM: [number] %] 13[Description 15[Description of the cost]: [volume]] Amount and currency of the overdraft: [figure] [currency]. Term of effectiveness of the overdraft: [term]. Term of effectiveness of the Agreement: [term]. The volume of the total amount payable by the Customer: [figure] [currency]. The volume of the total amount receivable by the Customer: [figure] [currency]. Penalty for past due repayment of the utilized overdraft amount(s) or/and interest accrued thereon: [in figures and in words] % of the overdue amount per each day of delay, not more than 0.27% of the utilized amount per each day of delay14delay 16[, besides, in addition, one-time GEL 20 per each first day of delay], till full elimination of the arrears pursuant to the procedure set forth under the legislation. Total volume of the expenses imposed during the period from commencement of the delay till its full elimination shall not exceed 1.5 as much of the current remaining principal balance. 15[Penalty 17[Penalty for termination an overdraft agreement before expiration of the Overdraft term of effectiveness: [?]] 16[Collateral 18[Collateral of the overdraft: [insert the respective collateral]] In case of one or more current due/overdue debt/liability against the Bank, if the amount on the Customer’s account is not/will not be sufficient to fully cover more than one due/overdue debt/liability, the Customer is authorized to visit the Bank Service Centre no later than the end of the working hours of the day when such case takes place and choose the order of payment of more than one due/overdue debt/liability. In case if the Client will not choose the order of payment of liabilities, first of all the liabilities arising out of overdue overdraft will be covered, then credit cards, credits, term overdrafts, pawn loans will be covered, unless the Bank decides otherwise. 17[In 19[In case of early payment/refinancing of the overdraft amount in full or partially during the grace period, if any, first of all the commission fee shall be paid (if any), then the penalty (if any), then the interest accrued during the grace period, then the overdraft amount and finally other payables. The above order of priority may be changed at the Bank’s discretion.] 18[Effective The following public index is used to form the interest rate: [?] 20[Effective annual interest rate of the overdraft in case of increase of public index by possible 3 (three) interest points since accommodation of the overdraft until expiration of the term of the Agreement: [figure] %] 21[Effective annual interest rate of the overdraft in case of increase of public index by possible 5 (five) interest points since accommodation of the overdraft until expiration of the term of the Agreement: [figure] %] For the detailed information on [?] rate and the rule of its calculation see the website: [website]. Information regarding the above index will be furnished to the Customer regularly, in case of each change of the index, within not less than 15 (fifteen) calendar days after introducing the change, via one of the communication means defined by the Agreement. 22[Effective interest rate of the overdraft in case of possible 15% annual devaluation of GEL: [figure] %] The Bank is authorized to hand over the copy(ies) of the Agreement (including the copy(ies) of Significant Conditions of the Agreement and any Annex(es)) to guarantor/co-borrower of the Agreement, as well as to the parties to the pledge/mortgage/bank guarantee agreement executed to secure the Agreement. In case of modifying important terms of the agreementThe Bank is authorized to unilaterally, the client will be informed at least any time, upon sending a 2 (two) months before prior notification to the amendment, and Customer in case of an increase changing the Significant Conditions of the Agreement and a 30 (thirty) calendar days prior notification in the case of growth of price of another other financial product - at least one month beforeproduct, modify conditions of the Agreement. At the same time, if any condition of the Agreement is modified due to occurrence of circumstances caused by the Customer’s action (if any) specified in the current significant conditions, the Bank notifies the Customer of the above within five working days after the implementation of changes. The notification shall be sent to the Customer to the address of the Customer stated/recorded in the Bank, in writing and/or electronically (including unambiguously notifications sent via courier service or registered mail, fax, email, SMS and remote banking services (including Mobile Banking, Internet Banking and/or other)). Changes to the conditions of the Agreement implemented in favor of the Customer, do not require the Customer's consent and/or approval and/or notification of the Customer in any form. Changes and addenda introduced into the Agreement (including unilaterally) constitute an integral part of the Agreement. The Bank is authorized to demand from the Customer to cover the overdraft amount, interest rate accrued to it, any penalties and any other payables (in case of existence) at any time. The Bank is authorized to write off without acceptance from any account of the Customer, including the deposit account of the Customer, all payables, and if the term deposit is not a collateral of the overdraft, writing off amounts from such deposit account is possible only upon expiration of the term of the deposit. Furthermore, a payable shall be first of all paid from the account of the currency in which currency the payment obligation exists, unless the Customer defines otherwise. In case of non-fulfillment and/or improper fulfillment of obligations assumed by the Customer under the Agreement the Bank is authorized to direct foreclosure to immovable and movable property and/or intangible assets of the Customer, as a result of which the accounts and/or property of the Customer/Borrower may be attached, as well as immovable and movable property and/or intangible assets sold in the manner stipulated by the Agreement (including through compulsory execution). Based on a Customer’s written application submitted to the Bank or in cases specified by the Bank, the amount of the overdraft and the interest rate thereof can be repaid ahead of the deadlines envisaged by the Agreement/payment schedule via remote channels. Furthermore, placement of respective amount on the Customer’s account is not sufficient for early repayment of the overdraft.

Financial Costs. The volume of payable amount: [volume and currency] on a monthly basis <or> [in accordance with the attached payment schedule]. Commission fee for allowance of overdraft limit: [number] %. 12[Commission 14[Commission fee for overdraft withdrawal from an ATM: [number] %] 13[Description 15[Description of the cost]: [volume]] Amount and currency of the overdraft: [figure] [currency]. Term of effectiveness of the overdraft: [term]. Term of effectiveness of the Agreement: [term]. The volume of the total amount payable by the Customer: [figure] [currency]. The volume of the total amount receivable by the Customer: [figure] [currency]. Penalty for past due repayment of the utilized overdraft amount(s) or/and interest accrued thereon: [in figures and in words] % of the overdue amount per each day of delay, not more than 0.27% of the utilized amount per each day of delay14delay 16[, besides, in addition, one-time GEL 20 per each first day of delay], till full elimination of the arrears pursuant to the procedure set forth under the legislation. Total volume of the expenses imposed during the period from commencement of the delay till its full elimination shall not exceed 1.5 as much of the current remaining principal balance. 15[Penalty 17[Penalty for termination an overdraft agreement before expiration of the Overdraft term of effectiveness: [?]] 16[Collateral 18[Collateral of the overdraft: [insert the respective collateral]] In case of one or more current due/overdue debt/liability against the Bank, if the amount on the Customer’s account is not/will not be sufficient to fully cover more than one due/overdue debt/liability, the Customer is authorized to visit the Bank Service Centre no later than the end of the working hours of the day when such case takes place and choose the order of payment of more than one due/overdue debt/liability. In case if the Client will not choose the order of payment of liabilities, first of all the liabilities arising out of overdue overdraft will be covered, then credit cards, credits, term overdrafts, pawn loans will be covered, unless the Bank decides otherwise. 17[In 19[In case of early payment/refinancing of the overdraft amount in full or partially during the grace period, if any, first of all the commission fee shall be paid (if any), then the penalty (if any), then the interest accrued during the grace period, then the overdraft amount and finally other payables. The above order of priority may be changed at the Bank’s discretion.] 18[Effective The following public index is used to form the interest rate: [?] 20[Effective annual interest rate of the overdraft in case of increase of public index by possible 3 (three) interest points since accommodation of the overdraft until expiration of the term of the Agreement: [figure] %] 21[Effective annual interest rate of the overdraft in case of increase of public index by possible 5 (five) interest points since accommodation of the overdraft until expiration of the term of the Agreement: [figure] %] For the detailed information on [?] rate and the rule of its calculation see the website: [website]. Information regarding the above index will be furnished to the Customer regularly, in case of each change of the index, within not less than 15 (fifteen) calendar days after introducing the change, via one of the communication means defined by the Agreement. 22[Effective interest rate of the overdraft in case of possible 15% annual devaluation of GEL: [figure] %] The Bank is authorized to hand over the copy(ies) of the Agreement (including the copy(ies) of Significant Conditions of the Agreement and any Annex(es)) to guarantor/co-borrower of the Agreement, as well as to the parties to the pledge/mortgage/bank guarantee agreement executed to secure the Agreement. In case of modifying important terms of the agreement, the client will be informed at least 2 (two) months before the amendment, and in case of an increase in the price of another financial product - at least one month before. At the same time, if any condition of the Agreement is modified due to occurrence of circumstances caused by the Customer’s action (if any) specified in the current significant conditions, the Bank notifies the Customer of the above within five working days after the implementation of changes. The notification shall be sent to the Customer to the address of the Customer stated/recorded in the Bank, in writing and/or electronically (including unambiguously notifications sent via courier service or registered mail, fax, email, SMS and remote banking services (including Mobile Banking, Internet Banking and/or other)). Changes to the conditions of the Agreement implemented in favor of the Customer, do not require the Customer's consent and/or approval and/or notification of the Customer in any form. The Bank is authorized to demand from the Customer to cover the overdraft amount, interest rate accrued to it, any penalties and any other payables (in case of existence) at any time. The Bank is authorized to write off without acceptance from any account of the Customer, including the deposit account of the Customer, all payables, and if the term deposit is not a collateral of the overdraft, writing off amounts from such deposit account is possible only upon expiration of the term of the deposit. Furthermore, a payable shall be first of all paid from the account of the currency in which currency the payment obligation exists, unless the Customer defines otherwise. In case of non-fulfillment and/or improper fulfillment of obligations assumed by the Customer under the Agreement the Bank is authorized to direct foreclosure to immovable and movable property and/or intangible assets of the Customer, as a result of which the accounts and/or property of the Customer/Borrower may be attached, as well as immovable and movable property and/or intangible assets sold in the manner stipulated by the Agreement (including through compulsory execution). Based on a Customer’s written application submitted to the Bank or in cases specified by the Bank, the amount of the overdraft and the interest rate thereof can be repaid ahead of the deadlines envisaged by the Agreement/payment schedule via remote channels. Furthermore, placement of respective amount on the Customer’s account is not sufficient for early repayment of the overdraft.

Financial Costs. The volume of payable amount: [volume and currency] on a monthly basis <or> [in accordance with the attached payment schedule]. Commission fee for allowance of overdraft limit: [number] %. 12[Commission fee for overdraft withdrawal from an ATM: [number] %] 13[Description of the cost]: [volume]] Amount and currency of the overdraft: [figure] [currency]. Term of effectiveness of the overdraft: [term]. Term of effectiveness of the Agreement: [term]. The volume of the total amount payable by the Customer: [figure] [currency]. The volume of the total amount receivable by the Customer: [figure] [currency]. Penalty for past due repayment of the utilized overdraft amount(s) or/and interest accrued thereon: [in figures and in words] % of the overdue amount per each day of delay, not more than 0.27% of the utilized amount per each day of delay14[, besides, in addition, one-time GEL 20 per each first day of delay], till full elimination of the arrears pursuant to the procedure set forth under the legislation. Total volume of the expenses imposed during the period from commencement of the delay till its full elimination shall not exceed 1.5 as much of the current remaining principal balance. 15[Penalty for termination an overdraft agreement before expiration of the Overdraft term of effectiveness: [?]] 16[Collateral of the overdraft: [insert the respective collateral]] In case of one or more current due/overdue debt/liability against the Bank, if the amount on the Customer’s account is not/will not be sufficient to fully cover more than one due/overdue debt/liability, the Customer is authorized to visit the Bank Service Centre no later than the end of the working hours of the day when such case takes place and choose the order of payment of more than one due/overdue debt/liability. In case if the Client will not choose the order of payment of liabilities, first of all the liabilities arising out of overdue overdraft will be covered, then credit cards, credits, term overdrafts, pawn loans will be covered, unless the Bank decides otherwise. 17[In case of early payment/refinancing of the overdraft amount in full or partially during the grace period, if any, first of all the commission fee shall be paid (if any), then the penalty (if any), then the interest accrued during the grace period, then the overdraft amount and finally other payables. The above order of priority may be changed at the Bank’s discretion.] 18[Effective interest rate of the overdraft in case of possible 15% annual devaluation of GEL: [figure] %] The Bank is authorized to hand over the copy(ies) of the Agreement (including the copy(ies) of Significant Conditions of the Agreement and any Annex(es)) to guarantor/co-borrower of the Agreement, as well as to the parties to the pledge/mortgage/bank guarantee agreement executed to secure the Agreement. In case of modifying important terms of the agreementThe Bank is authorized to unilaterally, the client will be informed at least any time, upon sending a 2 (two) months before prior notification to the amendment, and Customer in case of an increase changing the Significant Conditions of the Agreement and a 30 (thirty) calendar days prior notification in the case of growth of price of another other financial product - at least one month beforeproduct, modify conditions of the Agreement. At the same time, if any condition of the Agreement is modified due to occurrence of circumstances caused by the Customer’s action (if any) specified in the current significant conditions, the Bank notifies the Customer of the above within five working days after the implementation of changes. The notification shall be sent to the Customer to the address of the Customer stated/recorded in the Bank, in writing and/or electronically (including unambiguously notifications sent via courier service or registered mail, fax, email, SMS and remote banking services (including Mobile Banking, Internet Banking and/or other)). Changes to the conditions of the Agreement implemented in favor of the Customer, do not require the Customer's consent and/or approval and/or notification of the Customer in any form. Changes and addenda introduced into the Agreement (including unilaterally) constitute an integral part of the Agreement. The Bank is authorized to demand from the Customer to cover the overdraft amount, interest rate accrued to it, any penalties and any other payables (in case of existence) at any time. The Bank is authorized to write off without acceptance from any account of the Customer, including the deposit account of the Customer, all payables, and if the term deposit is not a collateral of the overdraft, writing off amounts from such deposit account is possible only upon expiration of the term of the deposit. Furthermore, a payable shall be first of all paid from the account of the currency in which currency the payment obligation exists, unless the Customer defines otherwise. In case of non-fulfillment and/or improper fulfillment of obligations assumed by the Customer under the Agreement the Bank is authorized to direct foreclosure to immovable and movable property and/or intangible assets of the Customer, as a result of which the accounts and/or property of the Customer/Borrower may be attached, as well as immovable and movable property and/or intangible assets sold in the manner stipulated by the Agreement (including through compulsory execution). Based on a Customer’s written application submitted to the Bank or in cases specified by the Bank, the amount of the overdraft and the interest rate thereof can be repaid ahead of the deadlines envisaged by the Agreement/payment schedule via remote channels. Furthermore, placement of respective amount on the Customer’s account is not sufficient for early repayment of the overdraft.

Financial Costs. The volume of payable amount: [volume and currency] on a monthly basis <or> [in accordance with the attached payment schedule]. Commission fee for allowance of overdraft limit: [number] %number]%. 12[Commission 21[Commission fee for overdraft withdrawal from an ATM: [numbernumber]%] %] 13[Description 22[Description of the cost]: [volume]] Amount and currency of the overdraft: [figure] [currency]. Term of effectiveness of the overdraft: [term]. Term of effectiveness of the Agreement: [term]. The volume of the total amount payable by the Customer: [figure] [currency]. The volume of the total amount receivable by the Customer: [figure] [currency]. Penalty for past due repayment of the utilized overdraft amount(s) or/and interest accrued thereon: [in figures and in words] % of the overdue amount per each day of delay, not more than 0.27% of the utilized amount per each day of delay14delay23[, besides, in addition, one-time GEL 20 per each first day of delay], till full elimination of the arrears pursuant to the procedure set forth under the legislation. Total volume of the expenses imposed during the period from commencement of the delay till its full elimination shall not exceed 1.5 as much of the current remaining principal balance. 15[Penalty 24[Penalty for termination an overdraft agreement before expiration of the Overdraft term of effectiveness: [?]] 16[Collateral 25[Collateral of the overdraft: [insert the respective collateral]] In case of one or more current due/overdue debt/liability against the Bank, if the amount on the Customer’s account is not/will not be sufficient to fully cover more than one due/overdue debt/liability, the Customer is authorized to visit the Bank Service Centre no later than the end of the working hours of the day when such case takes place and choose the order of payment of more than one due/overdue debt/liability. In case if the Client will not choose the order of payment of liabilities, first of all the liabilities arising out of overdue overdraft will be covered, then credit cards, credits, term overdrafts, pawn loans will be covered, unless the Bank decides otherwise. 17[In 26[In case of early payment/refinancing of the overdraft amount in full or partially during the grace period, if any, first of all the commission fee shall be paid (if any), then the penalty (if any), then the interest accrued during the grace period, then the overdraft amount and finally other payables. The above order of priority may be changed at the Bank’s discretion.] 18[Effective 27[The following public index is used to form the interest rate: [?]] 28[Effective annual interest rate of the overdraft in case of increase of public index by possible 3 (three) interest points since accommodation of the overdraft until expiration of the term of the Agreement: [figure] %] 29[Effective annual interest rate of the overdraft in case of increase of public index by possible 5 (five) interest points since accommodation of the overdraft until expiration of the term of the Agreement: [figure] %] 30[For the detailed information on [?] rate and the rule of its calculation see the website: [website]. Information regarding the above index will be furnished to the Customer regularly, in case of each change of the index, within not less than 15 (fifteen) calendar days after introducing the change, via one of the communication means defined by the Agreement.] 31[Effective interest rate of the overdraft in case of possible 15% annual devaluation of GEL: [figure] %] The Bank is authorized to hand over the copy(ies) of the Agreement (including the copy(ies) of Significant Conditions of the Agreement and any Annex(es)) to guarantor/co-borrower of the Agreement, as well as to the parties to the pledge/mortgage/bank guarantee agreement executed to secure the Agreement. In case of modifying important terms of the agreementThe Bank is authorized to unilaterally, the client will be informed at least any time, upon sending a 2 (two) months before prior notification to the amendment, and Customer in case of an increase changing the Significant Conditions of the Agreement and a 30 (thirty) calendar days prior notification in the case of growth of price of another other financial product - at least one month beforeproduct, modify conditions of the Agreement. At the same time, if any condition of the Agreement is modified due to occurrence of circumstances caused by the Customer’s action (if any) specified in the current significant conditions, the Bank notifies the Customer of the above within five working days after the implementation of changes. The notification shall be sent to the Customer to the address of the Customer stated/recorded in the Bank, in writing and/or electronically (including unambiguously notifications sent via courier service or registered mail, fax, email, SMS and remote banking services (including Mobile Banking, Internet Banking and/or other)). Changes to the conditions of the Agreement implemented in favor of the Customer, do not require the Customer's consent and/or approval and/or notification of the Customer in any form. Changes and addenda introduced into the Agreement (including unilaterally) constitute an integral part of the Agreement. The Bank is authorized to demand from the Customer to cover the overdraft amount, interest rate accrued to it, any penalties and any other payables (in case of existence) at any time. The Bank is authorized to write off without acceptance from any account of the Customer, including the deposit account of the Customer, all payables, and if the term deposit is not a collateral of the overdraft, writing off amounts from such deposit account is possible only upon expiration of the term of the deposit. Furthermore, a payable shall be first of all paid from the account of the currency in which currency the payment obligation exists, unless the Customer defines otherwise. In case of non-fulfillment and/or improper fulfillment of obligations assumed by the Customer under the Agreement the Bank is authorized to direct foreclosure to immovable and movable property and/or intangible assets of the Customer, as a result of which the accounts and/or property of the Customer/Borrower may be attached, as well as immovable and movable property and/or intangible assets sold in the manner stipulated by the Agreement (including through compulsory execution). Based on a Customer’s written application submitted to the Bank or in cases specified by the Bank, the amount of the overdraft and the interest rate thereof can be repaid ahead of the deadlines envisaged by the Agreement/payment schedule via remote channels. Furthermore, placement of respective amount on the Customer’s account is not sufficient for early repayment of the overdraft.