Common use of Top|Card Clause in Contracts

Top|Card. 5.6.1. terms provided herein shall have the following meanings: 5.6.1.1. top|card – Mastercard World Debit type of bank card issued to the client by the Bank on the basis of the present agreement, to which the multi-currency account (GEL, USD, Euro) is linked only with validated account receivable. In case of request of the client and consent of the Bank, it is possible to link additionally single-currency account (GEL) to the top|card and allow the limit of installments; 5.6.1.2. limit of installments - the amount of credit which is preliminarily approved by the Bank to the top|card holder and in the limits of which the client can purchase or pay the service cost at the network of partner objects and the client is obliged to cover the created arrear under the terms and conditions envisaged by the agreement. Any other use of the limit of installations (cash withdrawal, transfer, deposit etc.) is not permitted. The currency of the installment limit is GEL. The Limit of installments is renewable meaning that during the effective term of the limit of installments, the client is entitled to use and cover the limit of installments for multiple times, consistent with the terms established by the agreement. 5.6.1.3. partner object - entity exercising commercial activities, which has a contractual relations with the Bank and the client has the opportunity to purchase product/service offered by such object by means of the top|card (within the limits of installments). The client may obtain information on partner objects at the web page of the Bank and at the internet bank. 5.6.1.4. non-partner object – all entities exercising commercial activities, other than partner objects outlined in clause 5.6.1.3. of the present agreement. 5.6.1.5. cash-back - portion of the amount paid by the client with the top|card returned to the client by the Bank. 5.6.2. provisions determined by the present agreement, among them provisions envisaged by the card servicing regulations are fully applicable to the top|card, taking into consideration the terms provided in the present chapter. 5.6.3. in case of approving the limit of installments at the top|card, an individual agreement is entered between the Bank and the client regarding the use of the limit of installments of the top|card, which shall be the inseparable part of the present agreement and shall determine rules and conditions of use of the limit of installments. 5.6.4. top|card may be nameless (non-personified) card as well as the nominal (personified) card. 5.6.5. the client is aware that when making purchase at the network of partner objects the settlement shall be effected from the limit of installments, disregarding the existence of the relevant amount at the multi- currency account. In case the limit of installments is not sufficient to make a purchase, the amount shall be added from the multi-currency account automatically, if there is sufficient amount on such account. 5.6.6. the Bank shall repay the part of the spent amount (cash-back) to the client paid by means of the top|card, on which the client shall be notified by means of SMS. Such amount shall be accumulated at the account during one month and shall be fully deposited at the multi-currency account of the client on the last banking day of the month. If the last day of the month is the non banking day the amount shall be deposited on the following banking day. 5.6.7. in case of using the limit of installments, on the due payment date as determined by the respective agreement, minimal payment shall be made from the multi-currency account automatically, on which the client shall be notified by means of SMS. 5.6.8. interest rate is accrued to any amount placed at the multi-currency account of the top|card, in the amount determined by the Bank by that moment. The interest rate is calculated by the end of each day, according to the balance existing at the account and by the end of each month, the interest rate accrued during the month shall be deposited at the multi-currency account of the top|card. Furthermore, the Bank is entitled, to change (increase/reduce) or cancel the interest rate at any time, about which the client shall be additionally notified. The client can obtain information about the current interest rate at the official web-page of the Bank: xxx.xxxxxx.xx. 5.6.9. the client states and acknowledges that: 5.6.9.1. is in details familiar with the terms of usage of the top|card; 5.6.9.2. is aware of the details of using top|card multi-currency account and the limit of installments, among them, disregarding the amount available at the multi-currency account, the regulation on making payments at the partner objects using the limit of installments.

Top|Card. 5.6.1. terms provided herein shall have the following meanings: 5.6.1.1. top|card – Mastercard World Debit type of bank card issued to the client by the Bank on the basis of the present agreement, to which the multi-currency account (GEL, USD, Euro) is linked only with validated account receivable. In case of request of the client and consent of the Bank, it is possible to link additionally single-currency account (GEL) to the top|card and allow the limit of installments; 5.6.1.2. limit of installments - the amount of credit which is preliminarily approved by the Bank to the top|card holder and in the limits of which the client can purchase or pay the service cost at the network of partner objects and the client is obliged to cover the created arrear under the terms and conditions envisaged by the agreement. Any other use of the limit of installations (cash withdrawal, transfer, deposit etc.) is not permitted. The currency of the installment limit is GEL. The Limit of installments is renewable meaning that during the effective term of the limit of installments, the client is entitled to use and cover the limit of installments for multiple times, consistent with the terms established by the agreement. 5.6.1.3. partner object - entity exercising commercial activities, which has a contractual relations with the Bank and the client has the opportunity to purchase product/service offered by such object by means of the top|card (within the limits of installments). The client may obtain information on partner objects at the web page of the Bank and at the internet bank. 5.6.1.4. non-partner object – all entities exercising commercial activities, other than partner objects outlined in clause 5.6.1.3. of the present agreement. 5.6.1.5. cash-back - portion of the amount paid by the client with the top|card returned to the client by the Bank. 5.6.2. provisions determined by the present agreement, among them provisions envisaged by the card servicing regulations are fully applicable to the top|card, taking into consideration the terms provided in the present chapter. 5.6.3. in case of approving the limit of installments at the top|card, an individual agreement is entered between the Bank and the client regarding the use of the limit of installments of the top|card, which shall be the inseparable part of the present agreement and shall determine rules and conditions of use of the limit of installments. 5.6.4. top|card may be nameless (non-personified) card as well as the nominal (personified) card. 5.6.5. the client is aware that when making purchase at the network of partner objects the settlement shall be effected from the limit of installments, disregarding the existence of the relevant amount at the multi- currency account. In case the limit of installments is not sufficient to make a purchase, the amount shall be added from the multi-currency account automatically, if there is sufficient amount on such account. 5.6.6. the Bank shall repay the part of the spent amount (cash-back) to the client paid by means of the top|card, on which the client shall be notified by means of SMS. Such amount shall be accumulated at the account during one month and shall be fully deposited at the multi-currency account of the client on the last banking day of the month. If the last day of the month is the non banking day the amount shall be deposited on the following banking day. In case of closing the account, the cash-back accumulated during the respective month shall not be transferred to the client. 5.6.7. in case of using the limit of installments, on the due payment date as determined by the respective agreement, minimal payment shall be made from the multi-currency account automatically, on which the client shall be notified by means of SMS. 5.6.8. interest rate is accrued to any amount placed at the multi-currency account of the top|card, in the amount determined by the Bank by that moment. The interest rate is calculated by the end of each day, according to the balance existing at the account and by the end of each month, the interest rate accrued during the month shall be deposited at the multi-currency account of the top|card. Furthermore, the Bank is entitled, to change (increase/reduce) or cancel the interest rate at any time, about which the client shall be additionally notified. The client can obtain information about the current interest rate at the official web-page of the Bank: xxx.xxxxxx.xx. 5.6.9. the client states and acknowledges that: 5.6.9.1. is in details familiar with the terms of usage of the top|card; 5.6.9.2. is aware of the details of using top|card multi-currency account and the limit of installments, among them, disregarding the amount available at the multi-currency account, the regulation on making payments at the partner objects using the limit of installments.

Top|Card. 5.6.1. terms provided herein shall have the following meanings: 5.6.1.1. top|card – Mastercard World Debit type of bank card issued to the client by the Bank on the basis of the present agreement, to which the multi-currency account (GEL, USD, Euro) is linked only with validated account receivable. In case of request of the client and consent of the Bank, it is possible to link additionally single-currency account (GEL) to the top|card and allow the limit of installments; 5.6.1.2. limit of installments - the amount of credit which is preliminarily approved by the Bank to the top|card holder and in the limits of which the client can purchase or pay the service cost at the network of partner objects and the client is obliged to cover the created arrear under the terms and conditions envisaged by the agreement. Any other use of the limit of installations (cash withdrawal, transfer, deposit etc.) is not permitted. The currency of the installment limit is GEL. The Limit of installments is renewable meaning that during the effective term of the limit of installments, the client is entitled to use and cover the limit of installments for multiple times, consistent with the terms established by the agreement. 5.6.1.3. partner object - entity exercising commercial activities, which has a contractual relations with the Bank and the client has the opportunity to purchase product/service offered by such object by means of the top|card (within the limits of installments). The client may obtain information on partner objects at the web page of the Bank and at the internet bank. 5.6.1.4. non-partner object – all entities exercising commercial activities, other than partner objects outlined in clause 5.6.1.3. of the present agreement. 5.6.1.5. cash-back - portion of the amount paid by the client with the top|card returned to the client by the Bank. 5.6.2. provisions determined by the present agreement, among them provisions envisaged by the card servicing regulations are fully applicable to the top|card, taking into consideration the terms provided in the present chapter. 5.6.3. in case of approving the limit of installments at the top|card, an individual agreement is entered between the Bank and the client regarding the use of the limit of installments of the top|card, which shall be the inseparable part of the present agreement and shall determine rules and conditions of use of the limit of installments. 5.6.4. top|card may be nameless (non-personified) card as well as the nominal (personified) card. 5.6.5. the client is aware that when making purchase at the network of partner objects the settlement shall be effected from the limit of installments, disregarding the existence of the relevant amount at the multi- currency account. In case the limit of installments is not sufficient to make a purchase, the amount shall be added from the multi-currency account automatically, if there is sufficient amount on such account. 5.6.6. the Bank shall repay the part of the spent amount (cash-back) to the client paid by means of the top|card, on which the client shall be notified by means of SMS. Such amount shall be accumulated at the account during one month and shall be fully deposited at the multi-currency account of the client on the last banking day of the month. If the last day of the month is the non banking day the amount shall be deposited on the following banking day. In case of closing the account, the cash-back accumulated during the respective month shall not be transferred to the client. 5.6.7. in case of using the limit of installments, on the due payment date as determined by the respective agreement, minimal payment shall be made from the multi-currency account automatically, on which the client shall be notified by means of SMS. 5.6.8. interest rate is accrued to any amount placed at the multi-currency account of the top|card, in the amount determined by the Bank by that moment. The interest rate is calculated by the end of each day, according to the balance existing at the account and by the end of each month, the interest rate accrued during the month shall be deposited at the multi-currency account of the top|card. Furthermore, the Bank is entitled, to change (increase/reduce) or cancel the interest rate at any time, about which the client shall be additionally notified. The client can obtain information about the current interest rate at the official web-page of the Bank: xxx.xxxxxx.xx. 5.6.9. the client states and acknowledges that: 5.6.9.1. is in details familiar with the terms of usage of the top|card; 5.6.9.2. is aware of the details of using top|card multi-currency account and the limit of installments, among them, disregarding the amount available at the multi-currency account, the regulation on making payments at the partner objects using the limit of installments.