Common use of Presentation of documents Clause in Contracts

Presentation of documents. (a) All documents must be presented to Payment Oracle via Platform. (b) L-NREC must be uploaded on the Platform using the lender's user account created with the Platform (which requires authentication). (c) B-SENT and B-NSENT must be uploaded on the Platform using the borrower's user account created with the Platform (which requires authentication). (d) Payment Oracle is entitled to disregard all documents received or presented by any other means or communication channels. (e) Payment Oracle may, in its own discretion, accept (i) presentation of L-NREC directly from the Lender, and (ii) presentation of B-SENT or B- NSENT directly from the Borrower. Payment – O shall accept such a presentation in case of Platform failure, breakdown or other technical issues preventing its use.

Presentation of documents. (a) All documents must be presented to Payment Oracle via Platform. (b) LB-NREC must be uploaded on the Platform using the lenderborrower's user account created with the Platform (which requires authentication). (c) BL-SENT and BL-NSENT RET must be uploaded on the Platform using the borrowerlender's user account created with the Platform (which requires authentication). (d) Payment Oracle is entitled to disregard all documents received or presented by any other means or communication channels. (e) Payment Oracle may, in its own discretion, accept (i) presentation of LB-NREC directly from the LenderBorrower, and (ii) presentation of BL-SENT or B- NSENT L- RET directly from the BorrowerLender. Payment – O shall accept such a presentation in the case of Platform failure, breakdown or other technical issues preventing its use.