Common use of The Bank is authorized to Clause in Contracts

The Bank is authorized to. 10.1.8.1 Dispose the amount accrued on the deposit account on its own behalf and at its own discretion; 10.1.8.2 According to the regulations, the amount and the periodicity established by the legislation, in favor of the budget, transfer the income tax for the interest rate accrued on the deposit (if such exists); 10.1.8.3 For the purpose of performing obligation(s) deriving from any agreement executed with the Bank or from the legislation, without further consent or permission from the depositor, after such obligation is generated, at any time to exercise non-accepted write-off of amounts from the call deposit of the depositor. 10.1.8.4 In the event the term deposit is used by the depositor or other third person to secure liabilities owed to the Bank, prior to expiry of the effective term of the deposit agreement, the Bank shall cover the liabilities owed to the Bank directly from the deposit account, without transferring the amount to the current account of the depositor.

The Bank is authorized to. 10.1.8.1 Dispose the amount accrued on the deposit account on its own behalf and at its own discretion; 10.1.8.2 According to the regulations, the amount and the periodicity established by the legislation, in favor of the budget, transfer the income tax for the interest rate accrued on the deposit (if such exists); 10.1.8.3 For the purpose of performing obligation(s) deriving from any agreement executed with the Bank or from the legislation, without further consent or permission from the depositor, after such obligation is generated, at any time to exercise non-non- accepted write-off of amounts from the call deposit of the depositor. 10.1.8.4 In the event the term deposit is used by the depositor or other third person to secure liabilities owed to the Bank, prior to expiry of the effective term of the deposit agreement, the Bank shall cover the liabilities owed to the Bank directly from the deposit account, without transferring the amount to the current account of the depositor.