Common use of GENERAL CONDITIONS OF CREDIT PRODUCTS Clause in Contracts

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 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 various 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 For the disbursement of credit facility/ies(including individual tranches), the Customer must fulfill/satisfy relevant precondition(s)/requirement(srespective condition(s) precedent / requirement(s) (if any) for (whether or not these condition(s) precedent / requirement(s) are directly set out in any given credit facility agreement) and the issuance of credit facility(ies) (including each tranche of the credit facility).Paertsi and/or their representatives must come to an additional agreement, at least ora.lly 16.1.3 Proceeding from the circumstances listed in these subparagraphs (16.1.1 – 16.1.216±. 1.61.1.2), 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 undr ethe 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.