Retraction From Prepayment House Sales Contract and its Effects on Credit Agreement Sample Clauses

Retraction From Prepayment House Sales Contract and its Effects on Credit Agreement. Pursuant to the provisions of the Consumer Protection Law, you have the right to retract from a prepayment house sales agreement without being liable to show any reason thereinfor within the periods of time set forth in the applicable laws and regulations. If the right of retraction is used by you, the sales price paid by you to the seller is refunded by the seller to our Bank upon deduction of costs and indemnities set forth in the relevant applicable laws. After the tied loan is settled and closed in accordance with Article 6 of this Pre-contract Information Form, our Bank will refund the remaining sales price, if any, to you. Our Bank is not obliged to control and calculate the amount of 11) Ön Ödemeli Konut Satış Sözleşmelerinden Dönme ve Bunun Kredi Sözleşmesine Etkisi: Tüketicinin Korunması Hakkında Kanun düzenlemeleri gereğince, ön ödemeli konut satış sözleşmesinden, yasal mevzuatta belirtilen süreler dahilinde, herhangi bir gerekçe göstermeden dönme hakkınız bulunmaktadır. Dönme hakkınızı kullanmanız durumunda, satıcıya ödediğiniz satış bedeli, satıcı tarafından, ilgili mevzuatta belirtilen masraf ve tazminat tutarı düşülerek, Bankamıza iade edilir. Bankamız, bağlı kredinin işbu bilgilendirme formunun 6 numaralı Maddesine uygun olarak kapanmasından sonra, var ise var ise kalan satış bedelini, tarafınıza geri ödeyecektir. Satıcı tarafından Bankamıza ödenen satış bedeli tutarını ve Satıcının ilgili mevzuat sales price paid by the seller to our Bank or the amount of deductions required to be made by the seller pursuant to the applicable laws. Our Bank does not assume any liability for the disputes that may arise on the amount of sales price paid by the seller to our Bank or on the amount of deductions made therefrom, and all such disputes are required to be resolved between you and the seller. If the sales price paid by the seller to our Bank is not sufficient to settle and close the tied loan, the amount of deficiency will be borne by you and be paid by you to our Bank. gereğince yapması gereken kesintileri Bankamızın kontrol ve hesaplama yükümlülüğü bulunmamaktadır. Satıcı tarafından Bankamıza ödenen satış bedelinin miktarı ve üzerinde yapılan kesintilere ilişkin çıkabilecek ihtilaflarda Bankamızın sorumluluğu bulunmamakta olup; bu ihtilafların tarafınız ile Satıcı ile arasında çözümlenmesi esastır. Satıcının Bankamıza gönderdiği satış bedeli, bağlı kredinin kapaması için yeterli olmazsa, eksik kalan tutarın tarafınızca Bankamıza ödenmesi gerekecekt...
Sample 1
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Retraction From Prepayment House Sales Contract and its Effects on Credit Agreement. Pursuant to the provisions of the Consumer Protection Law, the consumer is entitled to renege on prepaid house sales agreements in his convenience and without being liable to show any reasons thereinfor within the periods of time set forth in the applicable laws and regulations. • If the right of retraction is used, the sales price paid by the Credit Customer is refunded by the seller to the Bank upon deduction of costs and indemnities set forth in the relevant applicable laws. After the tied loan is settled and closed in accordance with Articles 6 and 6.1 of this Agreement, the Bank will refund the remaining sales price, if any, to the Credit Customer. The Bank is not obliged to control and calculate the amount of sales price paid by the seller to the Bank or the amount of deductions • Tüketicinin Korunması Hakkında Kanun düzenlemeleri gereğince tüketicinin, konut amaçlı taşınmazın satış bedelini önceden xxxxx veya taksitle ödemeyi, satıcı firmanın/müteahhidin ise bedelin tamamen veya kısmen ödenmesinden sonra konutun tüketiciye devir veya teslimini üstelendiği sözleşmeler, ön ödemeli konut satış sözleşmeleri (projeli satışlar) olarak kabul edilmektedir Tüketicinin, satıcı firma/müteahhit ile yaptığı ön ödemeli konut satış sözleşmesinin kurulduğu tarihten itibaren 14 (on dört) gün içinde cayma hakkı mevcuttur. • Ön ödemeli konut satış sözleşmesine konu konutun, kısmen veya tamamen bağlı kredi ile alınması durumunda; bağlı kredi sözleşmesi, kredi sözleşmesinin imzalandığı tarihte hüküm doğurmak üzere, ön ödemeli konut satış sözleşmesi için mevzuatta öngörülen 14 (on dört) günlük cayma hakkı süresi sonunda yürürlüğe girecektir. Kredili Müşterinin satıcı ile yaptığı ön ödemeli konut satış sözleşmesinden yasal süresi içinde cayması halinde, bağlı kredi sözleşmesi hukuken yürürlüğe girmeyecek olup, bu durumda BANKA tarafından Kredili Müşteri’den herhangi bir faiz, komisyon, yasal yükümlülük ve benzeri ödeme talep edilmeyecektir.
Sample 1
Retraction From Prepayment House Sales Contract and its Effects on Credit Agreement. Pursuant to the provisions of the Consumer Protection Law, the consumer is gerektiğini kabul ve taahhüt ederler. a. Ön Ödemeli Konut Satış Sözleşmelerinden Xxxxx ve Bunun Kredi Sözleşmesine Etkisi: b. Ön Ödemeli Konut Satış Sözleşmelerinden Dönme ve Bunun Kredi Sözleşmesine Etkisi:
Sample 1

Related to Retraction From Prepayment House Sales Contract and its Effects on Credit Agreement

  • Cash Collateral, Repayment of Swing Line Loans If the reallocation described in clause (a)(iv) above cannot, or can only partially, be effected, the Borrower shall, without prejudice to any right or remedy available to it hereunder or under applicable Law, (x) first, prepay Swing Line Loans in an amount equal to the Swing Line Lenders’ Fronting Exposure and (y) second, Cash Collateralize the L/C Issuers’ Fronting Exposure in accordance with the procedures set forth in Section 2.15.

  • Notification of Advances, Interest Rates, Prepayments and Commitment Reductions Promptly after receipt thereof, the Agent will notify each Lender of the contents of each Aggregate Commitment reduction notice, Borrowing Notice, Conversion/Continuation Notice, and repayment notice received by it hereunder. The Agent will notify each Lender of the interest rate applicable to each Eurodollar Advance promptly upon determination of such interest rate and will give each Lender prompt notice of each change in the Alternate Base Rate.

  • Termination of Revolving Credit Facility The Revolving Credit Facility and the Revolving Credit Commitments shall terminate on the Revolving Credit Maturity Date.

  • Cash Collateral, Repayment of Swingline Loans If the reallocation described in clause (iv) above cannot, or can only partially, be effected, the Borrower shall, without prejudice to any right or remedy available to it hereunder or under law, (x) first, prepay Swingline Loans in an amount equal to the Swingline Lender’s Fronting Exposure and (y) second, Cash Collateralize the Issuing Lender’s Fronting Exposure in accordance with the procedures set forth in Section 3.10.

  • Repayment of Revolving Credit Advances The Borrower shall repay to the Agent for the ratable account of the Lenders on the Revolver Termination Date the aggregate principal amount of the Revolving Credit Advances then outstanding.

  • Prepayments, Etc of Indebtedness. Prepay, redeem, purchase, defease or otherwise satisfy prior to the scheduled maturity thereof in any manner, or make any payment in violation of any subordination terms of, any Indebtedness, except (a) the prepayment of the Credit Extensions in accordance with the terms of this Agreement and (b) regularly scheduled or required repayments or redemptions of Indebtedness set forth in Schedule 7.02 and refinancings and refundings of such Indebtedness in compliance with Section 7.02(d).

  • Termination or Reduction of Revolving Credit Commitments The Borrower shall have the right, upon not less than three Business Days’ notice to the Administrative Agent (which shall promptly notify each Lender thereof), to terminate the Revolving Credit Commitments or, from time to time, to reduce the amount of the Revolving Credit Commitments; provided that no such termination or reduction of Revolving Credit Commitments shall be permitted if, after giving effect thereto and to any prepayments of the Revolving Credit Loans made on the effective date thereof, the Total Revolving Extensions of Credit would exceed the Total Revolving Credit Commitments. Any such reduction shall be in an amount equal to $1,000,000, or a whole multiple thereof, and shall reduce permanently the Revolving Credit Commitments then in effect.

  • Payments Reductions of Commitments Prepayments 73 2.5. Promise to Pay; Promissory Notes. 78

  • Mandatory Prepayments and Commitment Reductions (a) If any Indebtedness shall be incurred by any Group Member (other than Excluded Indebtedness), an amount equal to 100% of the Net Cash Proceeds thereof shall be applied on the date of such issuance, incurrence or contribution toward the prepayment of the Term Loans and the reduction of the Revolving Commitments as set forth in Section 4.2(d). (b) If on any date any Group Member shall receive Net Cash Proceeds from any Asset Sale or Recovery Event then, unless a Reinvestment Notice shall be delivered in respect thereof, 100% of the Net Cash Proceeds thereof shall be applied on such date toward the prepayment of the Term Loans and the reduction of the Revolving Commitments as set forth in Section 4.2(d); provided that, notwithstanding the foregoing, on each Reinvestment Prepayment Date, an amount equal to the Reinvestment Prepayment Amount with respect to the relevant Reinvestment Event shall be applied toward the prepayment of the Loans as set forth in Section 4.2(d). (c) If, for any fiscal year of the Borrower, commencing with the fiscal year ending December 31, 2010, there shall be Excess Cash Flow, the Borrower shall, on the relevant Excess Cash Flow Application Date, apply the difference between (i) the ECF Percentage of such Excess Cash Flow and (ii) all optional prepayments of the Term Loans during such fiscal year toward the prepayment of the Term Loans and the reduction of the Revolving Commitments. Each such prepayment and commitment reduction shall be made on a date (an “Excess Cash Flow Application Date”) no later than five Business Days after the earlier of (A) the date on which the financial statements of the Borrower referred to in Section 7.1(a), for the fiscal year with respect to which such prepayment is made, are required to be delivered to the Lenders and (B) the date such financial statements are actually delivered. (d) Amounts to be applied in connection with mandatory prepayments and commitment reductions made pursuant to Section 4.2(a), (b) and (c) shall be applied, first, to the prepayment of the Term Loans in accordance with Section 4.8(b) and second, to reduce permanently the Revolving Commitments. Any such reduction of the Revolving Commitments shall be accompanied by prepayment of the Revolving Loans and/or Swingline Loans to the extent, if any, that the Total Revolving Extensions of Credit exceed the amount of the Total Revolving Commitments as so reduced; provided that if the aggregate principal amount of Revolving Loans and Swingline Loans then outstanding is less than the amount of such excess (because L/C Obligations constitute a portion thereof), the Borrower shall, to the extent of the balance of such excess, replace outstanding Letters of Credit and/or deposit an amount in cash in a cash collateral account established with the Administrative Agent for the benefit of the Lenders on terms and conditions satisfactory to the Administrative Agent. The application of any prepayment pursuant to Section 4.2 shall be made, first, to Base Rate Loans and, second, to Eurodollar Loans. Each prepayment of the Loans under Section 4.2 (except in the case of Revolving Loans that are Base Rate Loans and Swingline Loans) shall be accompanied by accrued interest to the date of such prepayment on the amount prepaid.

  • Repayment of Revolving Credit Loans The Borrower shall repay the Revolving Credit Loans together with all outstanding interest thereon on the Expiration Date.

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