Common use of of Annex No Clause in Contracts

of Annex No. 1 to the Agreement or other similar circumstance (which represents the grounds for termination of the Agreement), the Bank is entitled, without terminating the Agreement or on the basis of the decision to terminate the Agreement, to require the Depositor to perform financial liabilities ahead of schedule. Furthermore, the Bank is entitled to write off/deduct all payables from the Deposit Account and/or the Servicing Account without acceptance; if the payable amounts and the amounts existing at the accounts are in different currencies, the Bank shall translate the amount at the commercial exchange rate effective at the Bank as of the given date, or at the exchange rate agreed upon with the Depositor (if any), write off the translation service fee from corresponding accounts without acceptance and direct the converted amount to cover respective overdue payments, as well as fulfill ahead of schedule its obligations against the Depositor; In case the Agreement is early terminated on the initiative of the Depositor, the Interest accrued to the Term Deposit shall be annulled/cancelled and/or reduced by the amount defined by the Term Deposit Agreement and/or the Bank will become authorized to exercise the rights stipulated by the Agreement and/or established by the Legislation, including compensation of the annulled and/or reduced Interest at the cost of the Term Deposit, if the Depositor has already withdrawn Interest by that moment (including beforehand). In case of termination of the Agreement by the Bank, the Interest shall be accrued to the Term Deposit in accordance with actual days of use of the Term Deposit. Termination of the Agreement does not exempt the Depositor from fulfillment duly and in full of obligations assumed under the Agreement and/or established by the Legislation.