Obligations of the Borrower. 1. The following obligations are general obligations and their violation constitutes a case of loan default. The borrower is obliged to: 1.1. To pay the loan on time and without any delay, in accordance with the Payment Plan; 1.2. Provide a payment receipt for the use of the loan. 1.3. To use the loan funds only for the purpose specified in this agreement; 1.4. To immediately inform the Xxxxxx in case of circumstances that may negatively affect his/her ability to pay the loan in a regular manner; 1.5. Not to enter into any credit agreement with any other institution, which may reduce his/her financial capacity to such an extent as to endanger the timely payment of this loan. 1.6. Any other obligation arising from this agreement, or the laws and regulations applicable in the Republic of Kosovo. 2. None of the aforementioned points release the Borrower from all other obligations provided for in this agreement and the laws and regulations applicable in the Republic of Kosovo.
Appears in 5 contracts
Samples: Consumer Credit Agreement, Consumer Credit Agreement, Consumer Credit Agreement
Obligations of the Borrower. 1. The following obligations are general obligations obligations, and their violation constitutes a case of loan default. The borrower Borrower is obliged to:
1.1. To pay Pay the loan on time and without any delay, in accordance with the Payment Plan;
1.2. Provide a payment receipt for the use of the loan.
1.3. To use Use the loan funds only for the purpose specified in this agreementAgreement;
1.4. To immediately Immediately inform the Xxxxxx in case of circumstances that may negatively affect his/her their ability to pay the loan in a regular mannerregularly;
1.5. Not to enter into any credit agreement with any other institution, which may reduce his/her their financial capacity to such an extent as to endanger the timely payment of this loan.
1.6. Any other obligation arising from this agreementAgreement, or the laws and regulations applicable in of the Republic of Kosovo.
2. None of the aforementioned points release the Borrower from all other obligations provided for in this agreement Agreement and the laws and regulations applicable in the Republic of Kosovo.
Appears in 5 contracts
Samples: Consumer Credit Agreement, Consumer Credit Agreement, Consumer Credit Agreement
