Common use of Other Clauses Clause in Contracts

Other Clauses. 27.1. Any right belonging to one Party, as mentioned herein, shall trigger the correlative obligation of the other Party, even if such obligation is not expressly stipulated within the Agreement. 27.2. Mutual relations between the Parties that are not regulated herein shall be subject to the general lending rules, the Romanian laws and the Lender’s internal lending regulations. 27.3. No Lender’s failure to exercise any of its rights and prerogatives, as duly stipulated herein, Pledge agreement or the law in force, or no such delayed exercise of such rights shall stand for any waiver of the Lender under the law, and the Lender is duly entitled to exercise its rights at any time. 27.4. No failure by the Lender to request any document stipulated hereunder, or the Pledge agreement shall stand for any waiver of such right. The Lender may at any time whatsoever ask for the submission of documents, until the full payment of the financial obligations deriving from the Agreement. The Borrower agrees to Lender right to transfer (cede) claims or their part arising from the Agreement to an unlimited number of third parties. The Borrower does not object that in this case Lender discloses to third parties any information derived from the Agreement as well as personal data. The Borrower agrees that, by assignment of the claims or its part to a third party arising, third party has the same right as Lender in accordance with the Agreement as well as information on the Borrower and the vehicle . 27.5. The Borrower agrees that Lender offering (advertising) to third parties the possibility to assign the claims arising from this Agreement, is entitled to publicly disclose to third parties, including by publishing on the website the following information about the Borrower and vehicle: the gender of the Borrower, location, monthly net revenues, expenses, credit history, age, model of the vehicle, colour, manufacture year, engine capacity, mileage, value, images and other information about the Borrower and vehicle. By public disclosure (promoting) of the possibility to assign claims arising from the Agreement Lender undertakes not to disclose publicly the Borrower 's name, personal code, telephone number, email address, address and picture, as well as the vehicle state registration number. 26.6. The Borrower and, if applicable, the Guarantor shall not allow for the asset making up the subject matter of the security to leave the Romanian territory without the Lender’s prior written agreement to this end, which agreement is to be acquired following a written request to this end which is to be sent at least 48 hours in advance and only if the Vehicle is duly insured, the insurance premiums are paid up to date, and the Insurer shall duly cover the occurrence of any eventual prejudices, including theft, on the territory of the relevant country of destination and of the countries of transit. 27.7. Any litigations and disagreements between the Parties in relation with the Agreement, its conclusion, validity, performance and amendment, shall be amicably settled by the Parties, and if such amicable settlement is not possible, then the Parties shall agree upon the final settlement of litigations being done in court, and the competence to settle the same shall belong to the courts of law holding material competence at the location where the Agreement is performed; the Parties shall hereby duly state that they expressly agree upon the present clause. 27.8. The Agreement shall become effective on the day of its signature by all the Parties. 27.9. Any amendments to the Agreement shall be made in writing and become valid and an integral part of the Agreement upon mutual signature of the Parties, except for the provision stipulated in Clause Error! Reference source not found.. of the Agreement. 27.10. The Agreement has been duly negotiated and drawn up according to the Parties’ will in Romanian, and it shall be duly governed by the Romanian law in force. 27.11. The Borrower has the right of notifying the National Authority for Consumers Protection (contact address: Bucharest, 00 Xxxxxxxxxxx Xxxxxx, xxxxxxxx 0, telephone no.: 000-0000) or any county commissariats for consumer protection, depending upon case.

Appears in 3 contracts

Samples: Loan Agreement, Loan Agreement, Loan Agreement

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Other Clauses. 27.1. Any right belonging to one Party, as mentioned herein, shall trigger the correlative obligation of the other Party, even if such obligation is not expressly stipulated within the Agreement. 27.2. Mutual relations between the Parties that are not regulated herein shall be subject to the general lending rules, the Romanian laws and the Lender’s internal lending regulations. 27.3. No Lender’s failure to exercise any of its rights and prerogatives, as duly stipulated herein, Pledge agreement or the law in force, or no such delayed exercise of such rights shall stand for any waiver of the Lender under the law, and the Lender is duly entitled to exercise its rights at any time. 27.4. No failure by the Lender to request any document stipulated hereunder, or the Pledge agreement shall stand for any waiver of such right. The Lender may at any time whatsoever ask for the submission of documents, until the full payment of the financial obligations deriving from the Agreement. The Borrower agrees to Lender right to transfer (cede) claims or their part arising from the Agreement to an unlimited number of third parties. The Borrower does not object that in this case Lender discloses to third parties any information derived from the Agreement as well as personal data. The Borrower agrees that, by assignment of the claims or its part to a third party arising, third party has the same right as Lender in accordance with the Agreement as well as information on the Borrower and the vehicle . 27.5. The Borrower agrees that Lender offering (advertising) to third parties the possibility to assign the claims arising from this Agreement, is entitled to publicly disclose to third parties, including by publishing on the website the following information about the Borrower and vehicle: the gender of the Borrower, location, monthly net revenues, expenses, credit history, age, model of the vehicle, colour, manufacture year, engine capacity, mileage, value, images and other information about the Borrower and vehicle. By public disclosure (promoting) of the possibility to assign claims arising from the Agreement Lender undertakes not to disclose publicly the Borrower 's name, personal code, telephone number, email address, address and picture, as well as the vehicle state registration number. 26.6. The Borrower and, if applicable, the Guarantor shall not allow for the asset making up the subject matter of the security to leave the Romanian territory without the Lender’s prior written agreement to this end, which agreement is to be acquired following a written request to this end which is to be sent at least 48 hours in advance and only if the Vehicle is duly insured, the insurance premiums are paid up to date, and the Insurer shall duly cover the occurrence of any eventual prejudices, including theft, on the territory of the relevant country of destination and of the countries of transit. 27.7. Any litigations and disagreements between the Parties in relation with the Agreement, its conclusion, validity, performance and amendment, shall be amicably settled by the Parties, and if such amicable settlement is not possible, then the Parties shall agree upon the final settlement of litigations being done in court, and the competence to settle the same shall belong to the courts of law holding material competence at the location where the Agreement is performed; the Parties shall hereby duly state that they expressly agree upon the present clause. 27.8. The Agreement shall become effective on the day of its signature by all the Parties. 27.9. Any amendments to the Agreement shall be made in writing and become valid and an integral part of the Agreement upon mutual signature of the Parties, except for the provision stipulated in Clause Error! Reference source not found.. 5.2. of the Agreement. 27.10. The Agreement has been duly negotiated and drawn up according to the Parties’ will in Romanian, and it shall be duly governed by the Romanian law in force. 27.11. The Borrower has the right of notifying the National Authority for Consumers Protection (contact address: Bucharest, 00 Xxxxxxxxxxx Xxxxxx, xxxxxxxx 0, telephone no.: 000-0000) or any county commissariats for consumer protection, depending upon case.

Appears in 1 contract

Samples: Loan Agreement

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