GENERAL TERMS AND CONDITIONS OF THE BANKING SERVICE. 5.4.1.1. The Banking Service on accrual of interest on the Current Account Balance shall be provided by the Bank on the basis of: (i) the Application for Interest on the Balance concluded by the Parties, or (ii) the Bank's notice of accrual of interest on the balance of funds and setting the interest rate (hereinafter referred to as the "Notice of Interest Accrual") sent by the Bank and agreed by the Client in accordance with the procedure provided for in this Agreement. The Bank on the basis of and in accordance with the terms of the Statement on the conditions for charging interest on the balance of funds/the Notice of Interest Accrual and considering clauses 5.4.4 of this Agreement in accordance with the procedure provided for in this clause 5.4 of the Agreement, charges interest on the Balance of Funds on the Current Account (taking into account the Valuation Date) and pays the accrued interest to the Client. 5.4.1.2. The Banking Service for accrual of interest on the Balance of Funds on the Current Account may be provided for one, several or all of the Client's Current Accounts. The number of the Client's Current Account, on the Balance of Funds on which interest is accrued under this Agreement, is indicated in the relevant Statement on the conditions for accrual of interest on the balance of funds/ the Notice of Interest Accrual. 5.4.1.3. The provision of the Banking Service regarding the accrual of interest on the Balance of Funds on the relevant Current Account is carried out exclusively after: - the Parties conclude an Application on the conditions of accrual of interest on the balance of funds on the relevant Current Account in the manner provided for in clause 5.4.2. this Agreement; or - The Bank sends the Client a Notice of Interest Accrual in accordance with the procedure provided for in clause 5.4.2.2. of the Agreement. At the same time, in order for the Client to receive Banking Services for each separate Current Account, the Bank sends a separate Notice of Interest Accrual. Subject to the conditions, the accrual of interest on the Balance of Funds on the Client's Current Account is carried out in accordance with clauses 5.4.4 of this Agreement. Each Statement on the conditions for charging interest on the remaining costs and each Notice of Interest Accrual are an integral part of this Agreement. 5.4.1.4. Accrual of interest on the Balance of Funds on the Current Account can be carried out at a Fixed Interest Rate or a Floating Interest Rate...
GENERAL TERMS AND CONDITIONS OF THE BANKING SERVICE. 5.6.1.1. The Bank, on the basis of the following documents executed between: (i) concluded between the Bank and the Beneficiary Client Guaranteed Payments Agreement or the Applications for the Guaranteed Payment Banking Service/Applications for modification of the Guaranteed Payment Banking Service, and (ii) concluded between the Bank and the Payer Client, the Applications for the Guaranteed Payment Banking Service/Applications for modification of the Guaranteed Payment Banking Service, and in accordance with the agreed Applications for Guaranteed Payment, in the manner prescribed by this clause 5.6. of the Agreement, undertakes to make Guaranteed Payments from the Special Account of the Payer Client in favour of the Beneficiary Client for payment of goods/works/services provided/delivered by the Beneficiary Client to the Payer Client under the executed agreements/contract, including by providing of the Overdraft Bank Loan in UAH to the Payer Client, and the Payer Client undertakes to return the used amount of the Overdraft, pay interest, fees and other payments on the provided Overdraft and for the provision of the Banking Service in the manner, amount and terms specified by the relevant Applications for the Guaranteed Payment Banking Service / Applications for modification of the Guaranteed Payment Banking Service between the Bank and the Payer Client, the Bank's Tariffs and the Overdraft Rules of Guaranteed Payment. For the avoidance of doubt, the Banking Service may be provided to the Recipient Client on the basis of and in accordance with this Agreement or on the basis of and in accordance with the terms of the relevant Guaranteed Payments Agreement. Irrespective of the grounds for the Bank's provision of the Banking Service to the Recipient Client (this Agreement or a separate Guaranteed Payment Agreement), the Bank's provision of the Banking Service to the Paying Client shall be carried out in accordance with this Agreement. 5.6.1.2.
GENERAL TERMS AND CONDITIONS OF THE BANKING SERVICE. 5.6.1.1. The Bank, on the basis of the following documents executed between: (i) the Bank and the Beneficiary Client, the Applications for the Guaranteed Payment Banking Service/Applications for modification of the Guaranteed Payment Banking Service, and (ii) the Bank and the Payer Client, the Applications for the Guaranteed Payment Banking Service/Applications for modification of the Guaranteed Payment Banking Service, and in accordance with the agreed Applications for Guaranteed Payment, in the manner prescribed by this clause 5.6. of the Agreement, undertakes to make Guaranteed Payments from the Special Account of the Payer Client in favour of the Beneficiary Client for payment of goods/works/services provided/delivered by the Beneficiary Client to the Payer Client under the executed agreements/contract, including by providing of the Overdraft Bank Loan in UAH to the Payer Client, and the Payer Client undertakes to return the used amount of the Overdraft, pay interest, fees and other payments on the provided Overdraft and for the provision of the Banking Service in the manner, amount and terms specified by the relevant Applications for the Guaranteed Payment Banking Service / Applications for modification of the Guaranteed Payment Banking Service between the Bank and the Payer Client, the Bank's Tariffs and the Overdraft Rules of Guaranteed Payment. 5.6.1.2.
