Procedure for changing the Individual Interest Rate Sample Clauses

Procedure for changing the Individual Interest Rate. 5.4.4.2.1. The Bank has the right to unilaterally change Individual Interest Rate specified in the respective Application for conditions of interest accrual on the Balance (including, but not limited to, the suspension of interest accrual on the Balance), provided that the Bank warns the Client of such changes not less than 1 (one) Banking Day before the date the new Individual Interest Rate are applied, by means of sending a respective notice to the Customer (hereinafter - "Notice about change of Individual Interest Rate"), indicating when the new Individual interest rate takes effect (or the date since when interest on the current accounts balance shall not accrue), its size (in case it accrues) and validity term. Moreover, the Parties have agreed that the Notice about change of the Individual Interest Rate shall be deemed duly rendered to the Client, if it is sent by the Bank to the Client in writing or by means of the Client-Bank System, or with the help of other means agreed upon by the Parties. In case the Bank sends in writing format the Notice about the change of Individual Interest Rate, the Client is considered to be notified (warned) on the change in the Individual Interest Rate on the day when Bank sent the relevant Notice to the Client, specified in the corresponding Application on the conditions of interest accrual on the Balance. 5.4.4.2.2. In case the Client disagrees with the new Individual Interest Rate, which was changed according to clause 5.4.4.2.1. of this Agreement, the Client is obliged to provide the Bank with an Application for disclaimer of interest accrual on the Balance before the new Individual Interest Rate, indicated in the respective Notice about change of Individual Interest Rate, takes effect. In such a case, the Bank terminates Banking Service provision for the relevant Current Account from the date new Individual Interest Rate, specified in the respective Notice about Change of Individual Interest Rate, took effect. 5.4.4.2.3. If the Bank receives from the Client an Application for disclaimer of interest accrual on the Balance as provided for in clause 5.4.4.2.2. of this Agreement, then interest on the respective Current Account Balance for the relevant calendar month, taking into account the Value Date, is accrued until the date when new Individual Interest Rate takes effect (not inclusively). Starting with the date when the new Personal Interest Rate takes effect, the interest on the relevant Current Account Balance, ...
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Procedure for changing the Individual Interest Rate. 5.4.4.2.1. The Bank has the right to unilaterally change the amount of the Individual Interest Rate specified in the relevant Statement on the conditions for charging interest on the balance of funds/ and/or in the relevant Notice of Interest Accrual (including, but not limited to, stopping the charging of interest on the Balance of Funds), about which the Bank informs the Client by sending the Client a corresponding notification (hereinafter - "Notice of change of Individual of the Interest Rate") indicating the date of entry into force of the new Individual Interest Rate (or the date from which interest on the Balance of Funds on the Current Account will not be accrued), its amount (in case of its accrual) and the term of validity. In the event of an increase in the Individual Interest Rate, the Bank may send the Client a Notice of Change in the Individual Interest Rate directly on the date of entry into force of the new (increased) Individual Interest Rate or, at the discretion of the Bank, earlier than the date of entry into force of the new (increased) Individual Interest Rate. In the case of a decrease in the Individual Interest Rate (including, but not limited to, the termination of interest on the Balance of Funds), the Bank sends the Client a Notice of the change in the Individual Interest Rate at least 1 (one) Banking Day before the date of application of the new (reduced) amount of the Individual Interest Rate of the Interest Rate or until the date of termination
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Procedure for changing the Individual Interest Rate. 5.4.4.2.1. The Bank has the right to unilaterally change Individual Interest Rate specified in the respective Application for conditions of interest accrual on the Balance (including, but not limited to, the suspension of interest accrual on the Balance), provided that the Bank warns the Client of such changes not less than 1 (one) Banking Day before the
Sample 1
Procedure for changing the Individual Interest Rate. 5.4.4.2.1. The Bank has the right to unilaterally change Individual Interest Rate specified in the respective Application for conditions of interest accrual on the Balance (including, but not limited to, the suspension of interest accrual on the Balance), provided that the Bank warns the Client of such changes not less than 1 (one) Banking Day before the date the new Individual Interest Rate are applied, by means of sending a respective notice to the Customer (hereinafter - "Notice about change of Individual Interest Rate"), indicating when the new Individual interest rate takes effect (or the date since when interest on the current accounts balance shall not accrue), its size (in case it accrues) and validity term. Moreover, the Parties have agreed that the Notice about change of the Individual Interest Rate shall be deemed duly rendered to the Client, if it is sent by the Bank to the Client in writing or by means of the Client-Bank System, or
Sample 1
Procedure for changing the Individual Interest Rate. 5.4.4.2.1. The Bank has the right to unilaterally change Individual Interest Rate specified in the respective Application for conditions of interest accrual on the Balance (including, but not limited to, the suspension of interest accrual on the Balance), provided that the Bank warns the Client of such changes not less than 1 (one) Banking Day before the date the new Individual Interest Rate are applied, by means of sending a respective notice to the Customer (hereinafter - "Notice about change of Individual Interest Rate"), indicating when the new Individual interest rate takes effect (or the date since when interest on the current accounts balance shall not accrue), its size (in case it accrues) and validity term. Moreover, the Parties have agreed that the Notice about change of the Individual Interest Rate shall be deemed duly rendered to the Client, if it is sent by the Bank to the Client in writing or by means of the Client-Bank System, or with the help of other means agreed upon by the Parties. In case the Bank sends in writing format the Notice about the change of Individual Interest Rate, the Client is considered to be notified (warned) on the change in the Individual Interest Rate on the day when Bank sent the relevant Notice to the Client, specified in the corresponding Application on the conditions of interest accrual on the Balance.
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