Common use of Rights and Responsibilities of the Parties Clause in Contracts

Rights and Responsibilities of the Parties. 3.1. The Bank is liable to: 3.1.1. Accept the Deposit and repay it, pay interest amounts as per the manner, size and terms set forth in this Agreement. 3.1.2. Ensure the confidentiality of the Deposit as prescribed by law. 3.1.3. Communicate with the Depositor as well as provide him/her upon his/her request with information subject to mandatory presentation to the Depositor as set forth in the Law of the Republic of Armenia on “Bank deposit attraction” in the manner stipulated in article 1.6 of this Agreement. 3.1.4. With periodicity of at least 30 days, provide the Depositor with a statement of the Depositor’s account in the manner stipulated in article 1.6 of this Agreement, except the cases when no debiting or crediting to such account occur within the reporting period. 3.1.5. Except for the frequency set by article 3.1.4, within a 5-day period after receipt of a request from the Depositor, provide him/her with a statement of account at a fee set in the Bank’s announced Fees and Commissions. 3.2. The Bank is entitled to: 3.2.1. Charge the Depositor fees for the Deposit acceptance and maintenance at sizes fixed in the Bank’s announced Fees and Commissions and information booklet. 3.2.2. Effect the placement of the Deposit, its repayment, and payment of interest amounts only upon presentation of an identification document by the Depositor. 3.2.3. Reject the power of attorney of other persons, should such not be composed in accordance with article 3.3.3 of this Agreement.

Rights and Responsibilities of the Parties. 3.1. The Bank is liable to: 3.1.1. Accept the Deposit and repay it, pay interest amounts interests as per the manner, size and terms set forth in this Agreement. 3.1.2. Ensure the confidentiality of the Deposit as prescribed by law. 3.1.3. Communicate with the Depositor as well as provide him/her upon his/her request with information subject to mandatory presentation to the Depositor as set forth in the Law of the Republic of Armenia on “Bank deposit attraction” in the manner stipulated in article 1.6 of this Agreement. 3.1.4. With periodicity of at least 30 days, provide the Depositor with a statement of the Depositor’s account in the manner stipulated in article 1.6 of this Agreement, except the cases when no debiting or crediting to such account occur within the reporting period. 3.1.5. Except for the frequency set by article 3.1.4, within a 5-day period after receipt of a request from the Depositor, provide him/her with a statement of account at a fee set in the Bank’s announced Fees and Commissions. 3.2. The Bank is entitled to: 3.2.1. Charge the Depositor fees for the Deposit acceptance and maintenance at sizes fixed in the Bank’s announced Fees and Commissions and information booklet. 3.2.2. Effect the placement of the Deposit, its repayment, and payment of interest amounts interests on it only upon presentation of an identification document by the DepositorDepositor . 3.2.3. Reject the power of attorney of other persons, should such not be composed in accordance with article 3.3.3 of this Agreement.

Rights and Responsibilities of the Parties. 3.1. The Bank is liable to: 3.1.1. Accept the Deposit and repay it, pay interest amounts interests as per the manner, size and terms set forth in this Agreement. 3.1.2. Ensure the confidentiality of the Deposit as prescribed by law. 3.1.3. Communicate with the Depositor as well as provide him/her upon his/her request with information subject to mandatory presentation to the Depositor as set forth in the Law of the Republic of Armenia on “Bank deposit attraction” in the manner stipulated in article 1.6 1.5 of this Agreement. 3.1.4. With periodicity of at least 30 days, provide the Depositor with a statement of the Depositor’s account in the manner stipulated in article 1.6 of this Agreement, except the cases when no debiting or crediting to of such account occur within the reporting period. 3.1.5. Except for the frequency set by article 3.1.4, within a 5-day period after receipt of a request from the Depositor, provide him/her with a statement of account at a fee set in the Bank’s announced Fees and Commissions. 3.2. The Bank is entitled to: 3.2.1. Charge the Depositor fees for the Deposit acceptance and maintenance at sizes fixed in the Bank’s announced Fees and Commissions and information booklet. 3.2.2. Effect Affect the placement of the Deposit, its repayment, and payment of interest amounts interests on it only upon presentation of an identification document by the Depositor. 3.2.3. Reject the power of attorney of other persons, should such not be composed in accordance with article 3.3.3 of this Agreement.

Rights and Responsibilities of the Parties. 3.1. The Bank is liable to: 3.1.1. Accept the Deposit and repay it, pay interest amounts as per the manner, size and terms set forth in this Agreement. 3.1.2. Ensure the confidentiality of the Deposit as prescribed by law. 3.1.3. Communicate with the Depositor as well as provide him/her upon his/her request with information subject to mandatory presentation to the Depositor as set forth in the Law of the Republic of Armenia on “Bank deposit attraction” in the manner stipulated in article 1.6 of this Agreement. 3.1.4. With periodicity of at least 30 days, provide the Depositor with a statement of the Depositor’s account in the manner stipulated in article 1.6 of this Agreement, except the cases when no debiting or crediting to such account occur within the reporting period. 3.1.5. Except for the frequency set by article 3.1.4, within a 5-day period after receipt of a request from the Depositor, provide him/her with a statement of account at a fee set in the Bank’s announced Fees and Commissions. 3.2. The Bank is entitled to: 3.2.1. Charge the Depositor fees for the Deposit acceptance and maintenance at sizes fixed in the Bank’s announced Fees and Commissions and information booklet. 3.2.2. Effect Affect the placement of the Deposit, its repayment, and payment of interest amounts only upon presentation of an identification document by the Depositor. 3.2.3. Reject the power of attorney of other persons, should such not be composed in accordance with article 3.3.3 of this Agreement.

Rights and Responsibilities of the Parties. 3.1. The Bank is liable to: 3.1.1. Accept the Deposit and repay it, pay interest amounts as per the manner, size and terms set forth in this Agreement. 3.1.2. Ensure the confidentiality of the Deposit as prescribed by law. 3.1.3. Communicate with the Depositor as well as provide him/her upon his/her request with information subject to mandatory presentation to the Depositor as set forth in the Law of the Republic of Armenia on “Bank deposit attraction” in the manner stipulated in article 1.6 of this Agreement. 3.1.4. With periodicity of at least 30 days, provide the Depositor with a statement of the Depositor’s account in the manner stipulated in article 1.6 of this Agreement, except the cases when no debiting or crediting to such account occur within the reporting period. 3.1.5. Except for the frequency set by article 3.1.4, within a 5-day period after receipt of a request from the Depositor, provide him/her with a statement of account at a fee set in the Bank’s announced Fees and Commissions. 3.2. The Bank is entitled to: 3.2.1. Charge the Depositor fees for the Deposit acceptance and maintenance at sizes fixed in the Bank’s announced Fees and Commissions and information booklet. 3.2.2. Effect the placement of the Deposit, its repayment, and payment of interest amounts interests on it only upon presentation of an identification document by the Depositor. 3.2.3. Reject the power of attorney of other persons, should such not be composed in accordance with article 3.3.3 of this Agreement.

Rights and Responsibilities of the Parties. 3.1. The Bank is liable to: 3.1.1. Accept the Deposit and repay it, pay interest amounts as per the manner, size and terms set forth in this Agreement. 3.1.2. Ensure the confidentiality of the Deposit as prescribed by law. 3.1.3. Communicate with the Depositor as well as provide him/her upon his/her request with information subject to mandatory presentation to the Depositor as set forth in the Law of the Republic of Armenia on “Bank deposit attraction” in the manner stipulated in article paragraph 1.6 of this Agreement. 3.1.4. With periodicity of at least 30 days, provide the Depositor with a statement of the Depositor’s account in the manner stipulated in article paragraph 1.6 of this Agreement, except the cases when no debiting or crediting to such account occur within the reporting period. 3.1.5. Except for the frequency set by article paragraph 3.1.4, within a 5-day period after receipt of a request from the Depositor, provide him/her with a statement of account at a fee set in the Bank’s announced Fees and Commissions. 3.2. The Bank is entitled to: 3.2.1. Charge the Depositor fees for the Deposit acceptance and maintenance at sizes fixed in the Bank’s announced Fees and Commissions and information booklet. 3.2.2. Effect Affect the placement of the Deposit, its repayment, and payment of interest amounts amount on it only upon presentation of an identification document by the Depositor. 3.2.3. Reject the power of attorney of other persons, should such not be composed in accordance with article paragraph 3.3.3 of this Agreement.