RIGHT OF RENUNCIATION Sample Clauses

RIGHT OF RENUNCIATION. Card Holder has the right to renounce from the Credit Card Agreement without stating any reason and paying penalty within 14 (fourteen) days from the date when the Agreement was established. Notification related to the use of right of renunciation should have been submitted to the Bank in written(Akbank Branches) or through permanent data register (000 00 00 Akbank Call Center, Communication Form found in the website xxx.xxxxxx.xxx, Communication Form in the section “contact us” on the Akbank Direct Internet) within the time of use of the right of renunciation. Since the agreement will terminate, in case that the renunciation right is used, the following fees of the credit card and additional card and the virtual card arising since the date when the repayment is done at latest within 30 days from the submission date of the renunciation right to the Bank; • Debt in the account statement, • Expenses during the term, • Capital of the cash transactions and the transactions with cash nature and the contractual interest, RUSF and BITT charge to credit during the term from the date when the credit was used until the date when the capital was paid, • Contractual interest amount, RUSF and BITT applied to the unpaid part of the debt in the account statement if the whole of the account statement debt has not been paid, • RUSF, BITT and the part of the bonus given in advance or available product or service fee which cannot be covered by the commitment if a certain product or service were utilized against commitments like expense and order and the related commitment was not fulfilled, • Non-continuous money transfers, fees received within the scope of approval given from instant transactions and services like collection of invoice and fees, campaigns/programs/special services, RUSF and BITT. Should be paid to the credit card at once according to the current debt information received from the Bank. If the Card Holder does not make the payment within the stated period or states that he/she gave up using the renunciation right, the Card Holder is considered as he/she did not renounce from the credit card agreement and all kinds of obligations of the Card Holder within the scope of the Individual Banking Services/Credit Cards Agreement continue. Card Holder should contact the Bank before the transaction in order for the calculation of the whole amount of the credit card repayment stated hereinabove according to the payment date. Public obligations and fees paid by the Bank...
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RIGHT OF RENUNCIATION a. Renunciation From Consumer Loan Agreement: • The Credit Customer will have the right to renounce this Agreement without being liable to show any reason and to pay any penalty in connection therewith within a period of 14 (fourteen) days following the date of signature of this Agreement. • The notice as to use of the right of renunciation is required to be delivered to the Bank in writing (via Akbank branches) or by permanent data storage device (via Akbank Call Center 000 00 00 or Akbank Direct Internet) within the period of use of the right of renunciation. • If the Credit Customer using his right of renunciation has already utilized the consumer loan, the Credit Customer will be liable to repay to the Bank at once within a maximum period of 30 (thirty) days following the date of delivery of his notice of renunciation to the Bank both the principal sum of his debts, and the interests to be accrued over the contractual interest rate stated in the agreement for the period from the date of drawdown of loans to the date of repayment of the principal sum thereof, and RUSF and BITT to be levied thereon. If the Credit Customer does not repay all of his outstanding debts or states that he has given up using his right of renunciation, the Credit Customer kaydını yaptırmayı beyan ve taahhüt ederler.

Related to RIGHT OF RENUNCIATION

  • Indemnification In the event any Registrable Securities are included in a Registration Statement under this Agreement:

  • 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.

  • Confidentiality (a) Subject to Section 7.15(c), during the Term and for a period of three

  • Assignment This Agreement and all rights and obligations hereunder may not be assigned without the written consent of the other party.

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

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

  • 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.

  • NOW, THEREFORE the parties hereto agree as follows:

  • Entire Agreement This DPA and the Service Agreement constitute the entire agreement of the Parties relating to the subject matter hereof and supersedes all prior communications, representations, or agreements, oral or written, by the Parties relating thereto. This DPA may be amended and the observance of any provision of this DPA may be waived (either generally or in any particular instance and either retroactively or prospectively) only with the signed written consent of both Parties. Neither failure nor delay on the part of any Party in exercising any right, power, or privilege hereunder shall operate as a waiver of such right, nor shall any single or partial exercise of any such right, power, or privilege preclude any further exercise thereof or the exercise of any other right, power, or privilege.

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