GENERAL CONDITIONS OF CREDIT PRODUCTS. 15.1 Based on this agreement, client is entitled to use the credit product described under Article 16 of this Agreement.
15.2 Credit product mentioned under paragraph 15.1 of this Agreement is described in relevant part of the Agreement. General provisions of the credit product are defined by this article, while specific conditions are defined and regulated by the agreement on the corresponding credit product concluded by the Parties. As a rule, other types of credit products are issued on the basis of the agreement concluded between the Bank and the client on credit product services, which does not eliminate the possibility to issue any credit product directly on the basis of this Agreement.
15.3 In order to receive credit product, client must apply to the Bank with application (it is possible to receive some products by submitting application via electronic communications – telephone, internet, e-mail, etc.). Bank shall review the client’s application and make a decision on issuance or non-issuance of the credit product (Bank is not obliged to state the reason for non-issuance).
15.3.1 Client may, at any time, make a request through any remote channel/means of electronic communication of the Bank for receiving a copy of credit product agreements (including a copy of agreement on credit products obtained through remote channels) signed between the client and the bank and visit the Bank's branch / service center for taking the copy
15.4 Upon receipt of the credit product, client (debtor) will be obliged to repay it and to pay the interest profit in accordance with the provisions agreed with the Bank.
15.5 Monetary obligations of the client are secured as a rule by the amounts accumulated on his account (accounts).
15.6 If the client does not have settlement (current) account, application for issuing the credit product will be at the same time considered as the application to open the settlement (current) account and such account will be opened for the client prior to issuing the credit product.
15.7 In order to cover the credit product by the client/card holder with the amount transferred to the bank or with the existing amount on the account of card holder/client, first of all, insurance premium will be covered with the aforementioned amount, afterwards the penalties will be covered for delaying the payment term (if applicable), afterwards interest profit will be covered and finally, the basic amount of credit will be subject to coverage. Client is entitl...
GENERAL CONDITIONS OF CREDIT PRODUCTS. 16.1 On the basis of this agreement the client/the cardholder is entitled to use the following credit products: simple consumer and student loans, prompt installment, credit limit permitted on plastic card or overdraft, installment card and credit card “Ertguli” and other credit products.
16.1.1 Under this Agreement and a particular credit facility agreement the Bank is authorized (and not obliged) to disburse a credit (fully or partly) or service the client with any credit facility.
16.1.2 The client must fulfill/satisfy relevant precondition(s)/requirement(s) (if any) for the issuance of credit facility(ies) (including each tranche of the credit facility).
16.1.3 Proceeding from the circumstances listed in these subparagraphs (16.1.1 – 16.1.2), the Bank is authorized not to issue the credit facility(ies)/terminate the issuance of any tranche of the credit facility(ies) at its own discretion without explaining the reasons to the client (including in case a specific credit facility agreement is signed between the parties).
16.2 Each credit product listed in the paragraph 16.1 of this agreement is described in corresponding section of this agreement. General provisions of the credit product are defined by this article, while specific conditions are defined and regulated by the agreement on the corresponding credit product concluded by the Parties. Other types of credit product are issued generally under the agreement between the bank and the customer on the provision of the credit products which does not exclude the possibility to issue any of the credit precuts directly on the basis of this agreement.
16.3 Customer must submit the application to the bank in order to receive the credit product (several products are allowed to be received on the basis of application made via electronic means of communication (telephone, internet, electronic mail, and etc.
GENERAL CONDITIONS OF CREDIT PRODUCTS. 16.1 On the basis of this agreement the client/the cardholder is entitled to use the following credit products: simple consumer and student loans, prompt installment, credit limit permitted on plastic card or overdraft, installment card and credit card “Ertguli” and other credit products.
16.2 Each credit product listed in the paragraph 16.1 of this agreement is described in corresponding section of this agreement. General provisions of the credit product are defined by this article, while specific conditions are defined and regulated by the agreement on the corresponding credit product concluded by the Parties. Other types of credit product are issued generally under the agreement between the bank and the customer on the provision of the credit products which does not exclude the possibility to issue any of the credit precuts directly on the basis of this agreement.
16.3 Customer must submit the application to the bank in order to receive the credit product (several products are allowed to be received on the basis of application made via electronic means of communication (telephone, internet, electronic mail, and etc.
GENERAL CONDITIONS OF CREDIT PRODUCTS. 15.1 Based on this agreement, client is entitled to use various credit products.
15.2 General provisions of the credit product are defined by this article, while specific conditions adreefined and regulated by the agreement on the corresponding credit product concluded by the Parti.esAs a rule, other types of credit products are issued on the basis of the agreement concluded between the Bank and the client on credit product services,hiwch does not eliminate the possibility to issue any credit product directly on the basis of this Agreement.
15.2.1 This Agreement, as well as individual credit facility agreements, authorizes but does not oblige the Bank to disburse ta(cinrefudlil or any part thereof) or provide the Client with a credit service.
15.2.2 Before the disbursement of credit facility/ies (including individual tranches), the Client must satisfy respective conditsio) np(recedent / requirement(s) (if any).
15.2.3 Considering events mentioned inSubparagraphs 15.2.1 and 15.2.2 of the Agreement, the Bank, at its own discretion, may not disburse credit product(s) / suspend any tranche thereof without explaining the reason to the Client (even if the Parties have concluded a particueladrit cfar cility agreement).
15.3 In order to receive credit product, client must apply to the Bank with application (it is possible to receive some produyctssubmitting application via electronic communications±telephone, internet, e-mail, etc.). Bank shall review the cLl HQW¶V DSSOLFDWLRQ DQG PD- NH D GH issuance of the credit product (Bank is not obliged to state the reason for-nisosnuance).
15.3.1 Client may, at any time, make a request through anreymote channel/meansof electronic communication of the Bankfor receiving a copy of credit product agreements (including a copy of agreement on credit products obtained through remote channels) signed betweenetnhteacnlid the bank and visit the Bank's branch / service center for taking the copy
15.4 Upon receipt of the credit product, client (debtor) will be obliged to repay it and to pay the interest profit in accordance with theopvrisions agreed with the Bank.
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15.5 Monetary obligations of the client are secured as a rule by the amounts accumulated on his account (accounts).
15.6 If the client does not have settlement (current) account, applicoanti for issuing the credit product will be at th...
GENERAL CONDITIONS OF CREDIT PRODUCTS. On the basis of this agreement the client/the cardholder is entitled to use the following credit products: simple consumer and student loans, pmropt installment, credit limit permitted on plastic card or overdraft, installment card andcredit card ¯Ertguli_and other credit products.
GENERAL CONDITIONS OF CREDIT PRODUCTS. 16.1 On the basis of this agreement the client/the cardholder is entitled to use the following credit products: simple consumer and student loans, prompt installment, credit limit permitted on plastic card or overdraft, installment card andcredit card ¯Ertguli_and other credit products.
16.2 Each credit product listed in the paragraph 16.1 of this agreement is described in corresponding section of this agreement. General provisions of the credit product are defined by this article, while specific conditions are deifned and regulated by the agreement on the corresponding credit product concluded by the Parties. Other types of credit product are issued generally under the agreement between the bank and the customer on the provision of the credit products which doest neoxclude the possibility to issue any of the credit precuts directly on the basis of this agreement.
16.3 Customer must submit the application to the bank in order to receive the credit product (several products are allowed to be received on the basis of acpaptlion made via electronic means of communication (telephone, internet, electronic mail, and etc.
