Rights and Obligations of the Parties Sample Clauses

Rights and Obligations of the Parties. SECTION 1
AutoNDA by SimpleDocs
Rights and Obligations of the Parties. 5.2.1. The client is obliged to: 5.2.1.1. Check for an SMS at the moment of issuance of a card, by which means they will receive a pin code, or check the integrity of the envelope in which the pin code is given; 5.2.1.2. Regularly review and abide by card usage and security regulations developed by the Bank, and not allow disclosure of the card and/or pin-code to the third persons; 5.2.1.3. Reimburse those bank expenses which are related to additional service costs of VISA and Mastercard (if any); 5.2.1.4. Use the card to pay the Bank any commission fee related to card servicing (producing, renewal, including in the international stop-list, etc.) and processing card transactions consistent with the tariff established by the Bank and/or international payment systems; 5.2.1.5. Perform transactions on the card account only within the limits of the available balance. The Bank shall impose a penalty on an intentionally or erroneously overspent amount in excess of the available balance according to the tariff established by the Bank for each day of using the surcharge amount; 5.2.1.6. Promptly fill surcharged amount; 5.2.1.7. Promptly notify the Bank about loss of the card; 5.2.1.8. Shall process card payment transaction in the internet only through the web pages having secure payment certifications (web pages where MasterCard SecureCode or Verified by VISA logos are depicted, allowing for making payment with 3D security code). The bank shall bear no responsibility for the transactions of the client made at the web-pages having no secure payment certifications. 5.2.2. The client is authorized to: 5.2.2.1. At any time obtain information on transactions held at the card account and request statements reflecting such transactions. The client is authorized to become familiar with the transactions made at the card accounts in the internet banking and/or address JSC “Pasha Bank Georgia” telephone services center – contact center and/or any branch of the bank to obtain such information. Card transactions statements shall be issued in a form requested by the client in the timelines established by the bank, however no later than 2 (two) banking days after the request of the client has been made. The bank is entitled to establish the commission for issuing the transaction statement made for the card account. 5.2.2.2. Submit a justified claim on transactions performed on the card account consistent with clause 5.4 of the present agreement. 5.2.3. The client acknowledges th...
Rights and Obligations of the Parties. 6.3.1 The Bank is authorized to: 6.3.1.1 By means of the Internet Banking service, make information available to the client on its accounts; 6.3.1.2 Under assignment of the client, perform transactions allowed by the Bank in the scope of the Internet Banking service; 6.3.1.3 For the purpose of risk reduction, establish unilateral restrictions on the active transactions of the client (transfers, conversions) and establish marginally acceptable parameters of such transactions (maximum amount of a single transfer, maximum amount of the totally transferred amount during a particular period, maximum number of transfers, the need to approve transactions of one user by another, etc.). 6.3.2 The client is committed to: 6.3.2.1 Keep secure any information necessary for use of internet banking, a document or device, the password and username, and the respective Digipass device (if any); 6.3.2.2 Not disclose the password and/or username to a third person, not to store data on the computer or any technical device by means of which the client accesses the internet page of the Bank; 6.3.2.3 In case of losing or revealing the password, device or any other code (including if they are obtained by a third person,) the client must notify the Bank promptly by means of communication determined by the present agreement on the basis of which the Bank shall suspend the internet banking service; 6.3.2.4 Ensure that the address indicated in clause 6.1.1. of this agreement is actually stated in the address field and each time of accessing the internet bank, prior to the commencement of work, they check the security certificate; 6.3.2.5 Upon completion of work in the internet bank, exit the program by clicking the “exit” button; 6.3.2.6 Not trust notifications received by email, the authors of which on behalf of the Bank request provision/renewal of personal and/or Bank data. 6.3.3 The client is aware that in case of their disregarding/neglecting the safety measures determined by the Bank, the Bank waives any responsibility for the inflicted result(s). 6.3.4 Claims of any kind by the client regarding transactions and services performed via internet bank shall be accepted according to the regulation stipulated by the legislation.
Rights and Obligations of the Parties. 3.1. The swimmer has the right: 3.1.1. To perform electronic registration for the Swim at any of the chosen distance among those available at the time of registration, in accordance with the Regulations posted on the website of the Organizer x-xxxxxx.xxx. 3.1.2. In case of payment of the registration fee and fulfillment of the Organizer's requirements for admission to the swim (in accordance with the Regulations), to receive the Participant's Starter Package and participate in the Swim at the time set by the Organizer.
Rights and Obligations of the Parties. 9.1. For the purposes of assessment of the Buyer's solvency and contract performance risk as well as for debt management purposes, the Seller shall have the right to obtain information / data about the Buyer from the companies providing credit rating services, insurance companies that provide credit insurance services or may provide these persons with the information / data held about the performance or improper performance of the contractual obligations by the Buyer. 9.2. If the Buyer fails to perform its obligations under the Contract in time, the Seller shall have the right to provide the data about the Buyer, Contract, failure to perform the Contract, including but not limited to the debt, to the persons who provide debt management, administration and recovery services and administrate the information system of debtors (e.g., Creditinfo, etc.) For Contract performance, debt administration, evidence collection and associated purposes and in such a case, the relevant persons will have the right to process such data and provide them to the third persons who have a legitimate interest. 9.3. The Seller shall have the right to assign its rights, obligations, claims or their part arising out of or otherwise related to the Contract to other persons, including but not limited to the right to debt recovery, obligations concerning the processing (dipping, drying) of the Goods, transportation, storage of the Goods, and a separate written consent of the Buyer shall not be required for that purpose. 9.4. The Buyer shall not be entitled to assign its rights, obligations, claims arising out of or otherwise related to the Contract to other persons without a prior separate written consent of the Seller. 9.5. The Seller shall have the unilateral right, without a separate consent of the Buyer, at any time to use the amounts receivable by the Seller, first of all, to cover the default interest, penalties and interest payable by the Buyer to the Seller, secondly, to cover the Seller's losses related to the Buyer's non-performance or improper performance of the Contract, and thirdly, all other amounts payable by the Buyer to the Seller under the Contract out of the payments (including the price of the Goods) made to the Seller, irrespective of any indication of the purpose of payment stated in the payment order to the Seller.
Rights and Obligations of the Parties. 13.2.1 The client shall be under obligation: 13.2.1.1 to send SMS to the cell phone number of the bank according to terms and conditions disseminated by the bank in its sources; 13.2.1.2 not to permit disposal of his/her cell phone and/or SIM card by third parties; 13.2.1.3 in case of change and/or loss of the cell phone, SIM card and/or cell number to inform promptly the bank by calling at +99532 272727, in writing, through internet banking or bank-client. 13.2.1.4 Have sufficient amount on the account (accounts) for the service fee 13.2.2 The client is entitled : 13.2.2.1 At any time to demand from the bank to cease sending of the SMS of the advertisement character (goods and/or service offerings). In order to verify the indicated demand the client shall implement one of the below listed actions: 13.2.2.1.1 To visit the branch of the bank; 13.2.2.1.2 To verify the demand with the telephone service-center; 13.2.2.1.3 By means of the internet bank to send to the bank notifications from the relevant personal parameters page. 13.2.3 The bank shall be under obligation: 13.2.3.1 In furtherance of the client’s notification (verbal (through the phone), written or through internet banking/ bank-client) on loss of the cell phone and/or SIM card, to ensure suspension of SMS service until receipt of new instructions from the xxxxxx.Xx case if application is submitted by the client to the Bank verbally (by phone), identification of the client shall be carried out according to the procedure outlined in paragraph 11.2 hereof. 13.2.3.2 The bank is liable no later than in 10 (ten) business days upon receipt of the client’s demand as indicated in the subparagraph 13. 2.2.1 of the Agreement to cease sending to the client the SMS of the advertisement character (goods and/or service offerings 13.2.4 The bank shall have the right: 13.2.4.1 to refuse carrying out the client’s instruction in the event of insufficient funds standing to the client’s account and/or incorrect (in breach of this agreement or provisions stipulated in sources disseminated by the bank) notification sent to the bank or existence of any outstanding debts towards the bank; 13.2.4.2 to send to the client advertising messages; 13.2.4.3 to send to the client messages on credit amounts (loan, overdraft, credit limit and/or other credit products), payment date, liabilities and/or effected automatic transfers (the bank shall not be under obligation to send the above notifications and in any event, regardless we...
Rights and Obligations of the Parties. 2.1 During the term of this Agreement, Party A’s rights and obligations include: (1) to hand over Opco to Party B for entrusted management as of the effectiveness date of this Agreement and to hand over all of business materials together with Business License and corporate seal of Opco to Party B; (2) Party A has no right to make any decision regarding Opco’s operations without the prior written consent of Party B; (3) to have the right to know the business conditions of Opco at any time and provide proposals; (4) to assist Party B in carrying out the entrusted management in accordance with Party B’s requirement; (5) to perform its obligations pursuant to the Shareholders’ Voting Rights Proxy Agreement, signed by and between all shareholders of the Opco and Party B on November 22, 2010, and not to violate the said agreement; (6) not to intervene Party B’s management over Opco in any form by making use of shareholder’s power; (7) not to entrust or grant their shareholders’ rights in Opco to a third party other than Party B without Party B’s prior written consent; (8) not to otherwise entrust other third party other than Party B to manage Opco in any form without Party B's prior written consent; (9) not to terminate this Agreement unilaterally with for any reason whatsoever; or (10) to enjoy other rights and perform other obligations under the Agreement. 2.2 During the term of this Agreement, Party B’s rights and obligations include: (1) to enjoy the full and exclusive right to manage Opco independently; (2) to enjoy the full and exclusive right to dispose of all assets of Opco; (3) to enjoy all profits and bear losses arising from Opco’s operations during the Entrusted Period; (4) to appoint all directors of Opco; (5) to appoint the legal representative, general manager, deputy general manager, financial manager and other senior managerial personnel of Opco; (6) to convene shareholders’ meetings of Opco in accordance with the Shareholders’ Voting Rights Proxy Agreement and sign resolutions of shareholders’ meetings; and (7) to enjoy other rights and perform other obligations under the Agreement.
AutoNDA by SimpleDocs
Rights and Obligations of the Parties. 12.1. The client is obliged to: 12.1.1. for any kind of bank service/for use of bank product to pay the bank the commission fee and/or any other fee, necessary for receiving the bank service; 12.1.2. without undue delay shall promptly notify the bank on amendments to the submitted documents and information, including change of the contact information (legal/factual address, telephone number, email etc.) otherwise the notification sent to the address known to the bank shall be deemed as submitted. Also, shall have means of communication and the network (among them mobile phone, computer, internet) in working/active conditions, otherwise the bank shall bear no responsibility for the results/damage; 12.1.3. promptly notify the bank in writing regarding disposal of the account, performing transactions on the account, on change of the persons authorized to receive information about the account and/or charge of their authorization and submit respective written documents to the bank. The obligation to notify outlined in the indicated clause applies to all those documents submitted to the bank and under which the client is authorized to act on his/her own behalf. Prior to submission of these documents to the bank, the bank performs transaction to the accounts on the basis of the previously submitted documents and the signature sample. 12.1.4. when opening each account, to submit the bank requested documents regarding client’s tax/entrepreneurial status. Also, promptly notify on change of the above indicated status. 12.1.5. use the accounts opened by the bank for him/her for the entrepreneurial purposes only in the event he/she has a relevant tax/entrepreneurial status and the bank is preliminarily informed on this. Otherwise, the client is requested not to use his/her accounts for entrepreneurial activities; 12.1.6. when performing transactions to the account(s), to submit full, exhaustive and accurate information to the bank on the purpose of the transaction/payment and submit to the bank any requested document (copies of documents proving grounds for transfer). 12.1.7. submit to the bank any requested document for performance of the transaction, which is needed by the bank for thorough identification of the client, for establishment of the nature of the transaction, purpose, type of transfer and compatibility of the subject transaction with the legislation. 12.1.8. notify the bank about accidentally transferred money to his account within 1 (one) banking day aft...
Rights and Obligations of the Parties. The Licensee undertakes: - under article 1287 of the Civil Code of the Russian Federation, to begin using the work within a period usual for this type of works and their application, calculated after the editor-in-chief (editorial board) of the Journal has decided to accept the Article for publication. The time of using the Article through its reproduction is determined according to the periodicity of issuing the Journal. The Journal's periodicity is given in the imprint of each issue of the Journal; - not to introduce without the Author's written consent changes, abridgments, and additions to the Article, including its title and the designation of the Author's name, as well as not to provide the Article with illustrations, forewords, afterwords, commentaries, and any explanations without the Author's consent; - to ensure free delivery to the Author's e-mail an electronic PDF copy of the Article provided the Author has given his/her e-mail address herein; - to ensure the review of the Article; the scientific, literary, and desktop editing; the making and/or processing of illustrative material provided for by the Author or the Licensee in the presence of the Author's consent to its inclusion into the Article; the making of the camera-ready copy; and the printing of the Article.
Rights and Obligations of the Parties. 5.6.5.1 The Bank is authorized to: 5.6.5.1.1 Request the client to pay the minimal amount or recommended amount envisaged by clause 4.6. In case of failure to pay, the Bank is authorized to block the limit of installments and charge the client a penalty to the amount and according to the regulations established by the agreement; 5.6.5.1.2 As a result of a client’s financial condition, legislative requirements/regulations and/or the Bank’s internal procedures/regulations, the Bank may at any time reduce or temporarily restrict the limit of installments. Restriction/cancellation of the limit of installments does not affect the effectiveness of the multi-currency account of the Top|Card. 5.6.5.2 The client is obliged to: 5.6.5.2.1 Cover the recommended or minimal payment amount, consistent with the terms of the present agreement; 5.6.5.2.2 In the period of use of the limit of installments, not to close the multi-currency account. Closing of the multi- currency account shall automatically result in the cancellation of the limit of installments; 5.6.5.2.3 If the Bank terminates the agreement for any reason, suddenly or during the term established by the Bank, repay the used amount in full, the interest rate accrued and the penalty (if any), and fulfil all financial liabilities assumed towards the bank; 5.6.5.2.4 Promptly notify the bank on the occurrence of any of the circumstances set forth in this or in the concrete agreement, which grants the Bank the right to terminate the agreement. 5.6.5.3 The client is authorized to:
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!