Common use of Termination of the Agreement by the Bank Clause in Contracts

Termination of the Agreement by the Bank. The Bank shall notify the Applicant in writing at least 30 days prior to the termination of the Agreement. However, in any of the following circumstances, the Bank may terminate the Agreement at any time in writing, by e-mail, or a method agreed to by the Applicant and the Bank: I. The Applicant has assigned rights or obligations of the Agreement to a third party without the Bank's consent. II. The Applicant is found to have engaged in the following intents: using the Services to access data that is not owned by the Applicant, or other misuse of the Services abnormal transactions of substantial amounts or frequency, or destructive or inappropriate behavior involving the use of simulation programs, Trojan horse programs or virus programs. III. The Applicant declares bankruptcy or is declared bankrupt according to the Bankruptcy Act, or undergoes debt rehabilitation or liquidation according to the Statute for Consumer Debt Reform. IV. The Applicant violates Articles 17 to 19 of the Agreement. V. The Applicant is in violation of other terms of the Agreement, and has failed to rectify within the timeframe specified by the Bank after prompting by the Bank.

Termination of the Agreement by the Bank. The Bank shall notify the Applicant in writing at least 30 days prior to the termination of the Agreement. However, in any of the following circumstances, the Bank may terminate the Agreement at any time in writing, by e-mail, or a method agreed to by the Applicant and the Bank: I. The Applicant has assigned rights or obligations of the Agreement to a third party without the Bank's consent. II. The Applicant is found to have engaged in the following intents: using the Services to access data that is not owned by the Applicant, or other misuse of the Services abnormal transactions of substantial amounts or frequency, or destructive or inappropriate behavior behav ior involving the use of simulation programs, Trojan horse programs or virus programs. III. The Applicant declares bankruptcy or is declared bankrupt according to the Bankruptcy Act, or undergoes debt rehabilitation or o r liquidation according to the Statute for Consumer Debt Reform. IV. The Applicant violates Articles 17 to 19 of the Agreement. V. The Applicant is in violation of other terms of the Agreement, and has failed to rectify within the timeframe specified by the th e Bank after prompting by the Bank.