Power of Collection From Customer’s Account Sample Clauses

Power of Collection From Customer’s Account. The Credit Customer, Joint Debtor and his Guarantor/Guarantors hereby irrevocably agree, declare and acknowledge that the Bank shall be authorized to collect the amount/amounts of installments from all and any of the accounts of the Credit Customer held with the Bank,
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Power of Collection From Customer’s Account. The Credit Customer, Joint Debtor and his Guarantor/Guarantors hereby irrevocably agree, declare and acknowledge that the Bank shall be authorized to collect the amount/amounts of installments from all and any of the accounts of the Credit Customer held with the Bank, also including the deposit account used for depositing of wages, providing that the deposit account referred to in the attached repayment schedule will have priority thereon, and also to debit the collected amount to the same account on the due date of each installment as specified in the repayment schedule attached hereto. Payment of any one of the installments does not construe as payment of the previous installments and interests as well. Article 6- Prepayment: Ekte yer xxxx xxxxx planında/planlarında belirlenen ödeme tarihlerinden herhangi birinin hafta xxxx veya resmi tatile xxxx gelmesi halinde ilgili ödeme, hafta sonunu veya resmi tatil bitimini takip eden ilk iş günü gerçekleştirilecektir. Xxxxx xxxx ödemeleri, Ekte yer xxxx xxxxx planında/planlarında belirtilen mevduat hesabından tahsil edilecektir. İşbu mevduat hesabı, kredi tahsilatı için açılmış ve kredi tamamen kapanıncaya kadar hesaptan sadece kredi ile ilgili işlemler yapılır ise, kredi kapandığında mevduat hesabı da otomatikman kapanacaktır. Kredili Müşterinin, hesabın kapatılmamasına yönelik yazılı xxxxxx olması halinde veya mevduat hesabının, kredi ödemesi dışında diğer bankacılık işlemleri için de kullanıldığı durumlarda, söz konusu hesap, kredinin kapandığında BANKA’ca re’sen kapatılmayacaktır. Madde 5- Alacaklı Hesaptan Tahsilat Yetkisi Kredili Müşteri, Müşterek Borçlu ve Kefil/Kefiller, Ekte yer xxxx xxxxx planındaki her bir taksitin vadelerinde, taksit tutarının/tutarlarının Kredili Müşteri’nin maaşının yattığı hesap da dahil olmak üzere ekli ödeme planında belirtilen mevduat hesabının öncelikli olması kaydıyla BANKA nezdindeki tüm hesaplarından tahsiline ve tahsil olunan miktarın hesaba borç kaydedilmesine BANKA’nın yetkili olduğunu gayri kabili rücu olarak beyan, kabul ve taahhüt ederler. Taksitlerden herhangi birinin ödenmesi, önceki taksitlerin ve faizlerin ödendiği anlamında kabul edilemez.

Related to Power of Collection From Customer’s Account

  • Definitions For purposes of this Agreement:

  • Termination This Agreement may be terminated at any time prior to the Closing:

  • Governing Law This Agreement shall be governed by and construed in accordance with the laws of the State of New York.

  • Severability Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

  • Miscellaneous The Vendor acknowledges and agrees that continued participation in TIPS is subject to TIPS sole discretion and that any Vendor may be removed from the participation in the Program at any time with or without cause. Nothing in the Agreement or in any other communication between TIPS and the Vendor may be construed as a guarantee that TIPS or TIPS Members will submit any orders at any time. TIPS reserves the right to request additional proposals for items or services already on Agreement at any time.

  • Notices Any notice, request or other document required or permitted to be given or delivered to the Holder by the Company shall be delivered in accordance with the notice provisions of the Purchase Agreement.

  • Entire Agreement This Agreement constitutes the entire agreement between the parties hereto with respect to the subject matter contained in this Agreement and supersedes all prior agreements, understandings and negotiations between the parties.

  • IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the day and year first above written.

  • WHEREAS the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection with the issuance, registration, transfer, exchange, redemption and exercise of the Warrants; and

  • NOW, THEREFORE the parties hereto agree as follows:

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