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]. The payment payable at the end of the term [volume and currency]. 1[Description of the cost]: [volume]] Other Contractual Information Amount and currency of the credit facility: [figure] [currency]. Term of effectiveness of the credit facility: [term]. Term of effectiveness of the Agreement: [term]. The volume of the total amount payable by the Customer: [figure] [currency]. Penalty for past due repayment of the utilized credit facility 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 remaining principal balance in total per each day of delay 2[,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. 3[In case of early payment/refinancing of the credit facility in full or partially during the grace period, 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 credit facility amount and finally other payables. The above order of priority may be changed at the Bank’s discretion.] The Customer is authorized to lodge a complaint to the Bank's complaints’ service in a verbal, free written, standard written or electronic form. 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. 4In case of non-fulfillment of the obligation, credit claims arising out of the credit shall be deemed satisfied only by the implementation of the relevant measures (including by selling and/or transferring into ownership of the collateral) prescribed by the legislation of Georgia, with respect of the collateral of such credit. The Customer is authorized to lodge a complaint to the Bank's complaints’ service in a verbal, free written, standard written or electronic form. For information useful to customers please visit the website of the National Bank of Georgia at xxx.xxx.xxx.xx/xx and call the hotline – 032 2 406 406. Bank ----------------- Client ----------------- Pawn Loan Agreement No. [number] [day] [month] 20[●●] Bank’s corporate name: Joint Stock Company Bank of Georgia. Form of registration: commercial bank. Identification number of the Bank: 204378869. Form of registration/licensing at the National Bank of Georgia: Commercial Bank. Legal address and telephone number of the Bank: 00x, Xxxxxxx xxxxxx, Tbilisi; 2 44 44 44. Customer’s corporate name/name, surname: [?]. Customer’s identification/personal number: [?]. Interest Rate Accruable to the Credit Facility Amount: Type of the Interest Rate - fixed Annual interest rate: [figure] %. Annual effective interest rate: [a figure] %. Financial Costs The volume of payable amount: [volume and currency] on a monthly basis <or> [in accordance with the attached payment schedule]. The payment payable at the end of the term [volume and currency]. 5[Description of the cost]: [volume]] Other Contractual Information Amount and currency of the credit facility: [figure] [currency]. Term of effectiveness of the credit facility: [term]. Term of effectiveness of the Agreement: [term]. The volume of the total amount payable by the Customer: [figure] [currency]. Date of the first payment envisaged by the payment schedule: [date]. Quantity of payments envisaged by the payment schedule: [figure]. 6[Collateral of the credit facility: [insert the respective collateral]] Penalty for past due repayment of the utilized credit facility amount(s) or/and interest accrued thereon: [in figures] % of the overdue amount per each day of delay, not more than 0.27% of the remaining principal balance in total per each day of delay7 [,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. 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. 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. 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 credit facility, 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. 8[In case of early payment/refinancing of the credit facility 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 credit facility amount and finally other payables. The above order of priority may be changed at the Bank’s discretion.] 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 credit facility 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 credit facility.

Financial Costs. The volume of payable amount: [volume and currency] on a monthly basis <or> [in accordance with the attached payment schedule]. The payment payable at the end of the term [volume and currency]. 1[Description of the cost]: [volume]] Other Contractual Information Amount and currency of the credit facility: [figure] [currency]. Term of effectiveness of the credit facility: [term]. Term of effectiveness of the Agreement: [term]. The volume of the total amount payable by the Customer: [figure] [currency]. Penalty for past due repayment of the utilized credit facility 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 remaining principal balance in total per each day of delay 2[,besidesdelay2 [,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. 3[In case of early payment/refinancing of the credit facility in full or partially during the grace period, 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 credit facility amount and finally other payables. The above order of priority may be changed at the Bank’s discretion.] The Customer is authorized to lodge a complaint to the Bank's complaints’ service in a verbal, free written, standard written or electronic form. 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. 4In case of non-fulfillment of the obligation, credit claims arising out of the credit shall be deemed satisfied only by the implementation of the relevant measures (including by selling and/or transferring into ownership of the collateral) prescribed by the legislation of Georgia, with respect of the collateral of such credit. The Customer is authorized to lodge a complaint to the Bank's complaints’ service in a verbal, free written, standard written or electronic form. For information useful to customers please visit the website of the National Bank of Georgia at xxx.xxx.xxx.xx/xx and call the hotline – 032 2 406 406. Bank ----------------- Client ----------------- Pawn Loan Agreement No. [number] [day] [month] 20[●●] Bank’s corporate name: Joint Stock Company Bank of Georgia. Form of registration: commercial bank. Identification number of the Bank: 204378869. Form of registration/licensing at the National Bank of Georgia: Commercial Bank. Legal address and telephone number of the Bank: 00x, Xxxxxxx xxxxxx, Tbilisi; 2 44 44 44. Customer’s corporate name/name, surname: [?]. Customer’s identification/personal number: [?]. Interest Rate Accruable to the Credit Facility Amount: Type of the Interest Rate - fixed variable Annual interest rate: [figure] %. Annual effective interest rate: [a figure] %. Financial Costs The volume of payable amount: [volume and currency] on a monthly basis <or> [in accordance with the attached payment schedule]. The payment payable at the end of the term [volume and currency]. 5[Description of the cost]: [volume]] Other Contractual Information Amount and currency of the credit facility: [figure] [currency]. Term of effectiveness of the credit facility: [term]. Term of effectiveness of the Agreement: [term]. The volume of the total amount payable by the Customer: [figure] [currency]. Date of the first payment envisaged by the payment schedule: [date]. Quantity of payments envisaged by the payment schedule: [figure]. 6[Collateral of the credit facility: [insert the respective collateral]] Penalty for past due repayment of the utilized credit facility amount(s) or/and interest accrued thereon: [in figures] % of the overdue amount per each day of delay, not more than 0.27% of the remaining principal balance in total per each day of delay7 [,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. 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. 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. 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 credit facility, 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. 8[In case of early payment/refinancing of the credit facility 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 credit facility amount and finally other payables. The above order of priority may be changed at the Bank’s discretion.] 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 credit facility 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 credit facility.

Financial Costs. The volume of payable amount: [volume and currency] on a monthly basis <or> [in accordance with the attached payment schedule]. The payment payable at the end of the term [volume and currency]. 1[Description of the cost]: [volume]] Other Contractual Information Amount and currency of the credit facility: [figure] [currency]. Term of effectiveness of the credit facility: [term]. Term of effectiveness of the Agreement: [term]. The volume of the total amount payable by the Customer: [figure] [currency]. Penalty for past due repayment of the utilized credit facility 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 remaining principal balance in total per each day of delay 2[,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. 3[In case of early payment/refinancing of the credit facility in full or partially during the grace period, 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 credit facility amount and finally other payables. The above order of priority may be changed at the Bank’s discretion.] The Customer is authorized to lodge a complaint to the Bank's complaints’ service in a verbal, free written, standard written or electronic form. 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. 4In case of non-fulfillment of the obligation, credit claims arising out of the credit shall be deemed satisfied only by the implementation of the relevant measures (including by selling and/or transferring into ownership of the collateral) prescribed by the legislation of Georgia, with respect of the collateral of such credit. The Customer is authorized to lodge a complaint to the Bank's complaints’ service in a verbal, free written, standard written or electronic form. For information useful to customers please visit the website of the National Bank of Georgia at xxx.xxx.xxx.xx/xx and call the hotline – 032 2 406 406. Bank ----------------- Client ----------------- Pawn Loan Agreement No. [number] [day] [month] 20[●●] Bank’s corporate name: Joint Stock Company Bank of Georgia. Form of registration: commercial bank. Identification number of the Bank: 204378869. Form of registration/licensing at the National Bank of Georgia: Commercial Bank. Legal address and telephone number of the Bank: 00x, Xxxxxxx xxxxxx, Tbilisi; 2 44 44 44. Customer’s corporate name/name, surname: [?]. Customer’s identification/personal number: [?]. Interest Rate Accruable to the Credit Facility Amount: Type of the Interest Rate - fixed Annual interest rate: [figure] %. Annual effective interest rate: [a figure] %. Financial Costs The volume of payable amount: [volume and currency] on a monthly basis <or> [in accordance with the attached payment schedule]. The payment payable at the end of the term [volume and currency]. 5[Description of the cost]: [volume]] Other Contractual Information Amount and currency of the credit facility: [figure] [currency]. Term of effectiveness of the credit facility: [term]. Term of effectiveness of the Agreement: [term]. The volume of the total amount payable by the Customer: [figure] [currency]. Date of the first payment envisaged by the payment schedule: [date]. Quantity of payments envisaged by the payment schedule: [figure]. 6[Collateral of the credit facility: [insert the respective collateral]] Penalty for past due repayment of the utilized credit facility amount(s) or/and interest accrued thereon: [in figures] % of the overdue amount per each day of delay, not more than 0.27% of the remaining principal balance in total per each day of delay7 [,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. 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. 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. 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 credit facility, 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. 8[In case of early payment/refinancing of the credit facility 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 credit facility amount and finally other payables. The above order of priority may be changed at the Bank’s discretion.] 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 credit facility 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 credit facility.

Financial Costs. The volume of payable amount: [volume and currency] on a monthly basis <or> [in accordance with the attached payment schedule]. The payment payable at the end of the term [volume and currency]. 1[Description of the cost]: [volume]] Other Contractual Information Amount and currency of the credit facility: [figure] [currency]. Term of effectiveness of the credit facility: [term]. Term of effectiveness of the Agreement: [term]. The volume of the total amount payable by the Customer: [figure] [currency]. Penalty for past due repayment of the utilized credit facility 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 remaining principal balance in total per each day of delay 2[,besidesdelay2 [,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. 3[In case of early payment/refinancing of the credit facility in full or partially during the grace period, 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 credit facility amount and finally other payables. The above order of priority may be changed at the Bank’s discretion.] The Customer is authorized to lodge a complaint to the Bank's complaints’ service in a verbal, free written, standard written or electronic form. 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. 4In case of non-fulfillment of the obligation, credit claims arising out of the credit shall be deemed satisfied only by the implementation of the relevant measures (including by selling and/or transferring into ownership of the collateral) prescribed by the legislation of Georgia, with respect of the collateral of such credit. The Customer is authorized to lodge a complaint to the Bank's complaints’ service in a verbal, free written, standard written or electronic form. For information useful to customers please visit the website of the National Bank of Georgia at xxx.xxx.xxx.xx/xx and call the hotline – 032 2 406 406. Bank ----------------- Client ----------------- Pawn Loan Agreement No. [number] [day] [month] 20[●●] Bank’s corporate name: Joint Stock Company Bank of Georgia. Form of registration: commercial bank. Identification number of the Bank: 204378869. Form of registration/licensing at the National Bank of Georgia: Commercial Bank. Legal address and telephone number of the Bank: 00x, Xxxxxxx xxxxxx, Tbilisi; 2 44 44 44. Customer’s corporate name/name, surname: [?]. Customer’s identification/personal number: [?]. Interest Rate Accruable to the Credit Facility Amount: Type of the Interest Rate - fixed variable Annual interest rate: [figure] %. Annual effective interest rate: [a figure] %. Financial Costs The volume of payable amount: [volume and currency] on a monthly basis <or> [in accordance with the attached payment schedule]. The payment payable at the end of the term [volume and currency]. 5[Description of the cost]: [volume]] Other Contractual Information Amount and currency of the credit facility: [figure] [currency]. Term of effectiveness of the credit facility: [term]. Term of effectiveness of the Agreement: [term]. The volume of the total amount payable by the Customer: [figure] [currency]. Date of the first payment envisaged by the payment schedule: [date]. Quantity of payments envisaged by the payment schedule: [figure]. 6[Collateral of the credit facility: [insert the respective collateral]] Penalty for past due repayment of the utilized credit facility amount(s) or/and interest accrued thereon: [in figures] % of the overdue amount per each day of delay, not more than 0.27% of the remaining principal balance in total per each day of delay7 [,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. 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. Changes and addenda introduced into the Agreement (including unilaterally) constitute an integral part of the Agreement. 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. 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 credit facility, 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. 8[In case of early payment/refinancing of the credit facility 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 credit facility amount and finally other payables. The above order of priority may be changed at the Bank’s discretion.] 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 credit facility 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 credit facility.