Common use of Termination, Etc Clause in Contracts

Termination, Etc. (1) This Customer Agreement shall be deemed to be canceled when User Account is closed. (2) When any of the following occurs in relation to the User, the Bank may suspend provision of Services without any notice to User: (i) If the User suspends payments, or a petition for bankruptcy or civil rehabilitation procedures is made; (ii) If any notice for provisional attachment, preservative attachment or attachment order is issued concerning the User's deposit or any other claims the User has against the Bank; (iii) If succession procedures are commenced; (iv) If the whereabouts of the User becomes unknown to the Bank due to the User's omission to notify its change of address; or (v) If there occurs any other material events under which it is unavoidable for the Bank to suspend the Services.

Appears in 10 contracts

Samples: Customer Agreement, Customer Agreement, Customer Agreement

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