Common use of Unity of account Clause in Contracts

Unity of account. The account opened pursuant to this Agreement is unique. If, for reasons of clarity or accounting convenience, said account is divided into several accounts, sub-accounts or items, these shall always form an indivisible whole, regardless of their operating procedures used. By express agreement between the parties, this principle of account unity will also apply when the different accounts are opened under different numbers or when they record transactions in different currencies. This principle shall not obstruct the application of differentiated interest rates to each of the accounts or sub-accounts under consideration within a single account. As regards accounts in foreign currencies, the current account balance as a whole shall be assessed, as required, in euros.

Unity of account. The account opened pursuant to this Agreement is unique. If, for f or reasons of clarity or accounting convenience, said account is divided into several accounts, sub-accounts or items, these shall always form an indivisible whole, regardless of their operating procedures usedhow they operate. By express agreement between the parties, this principle of account unity will shall also apply when the different various accounts are opened under different numbers or when they record transactions in different currencies. This principle shall not obstruct the application of differentiated interest rates to each of the accounts or sub-accounts under consideration within a single account. As regards accounts in foreign currencies, the current account balance as a whole shall be assessed, as required, in euros.

Unity of account. The account opened pursuant to this Agreement is unique. If, for reasons of clarity or accounting convenience, said account is divided into several accounts, sub-accounts or items, these shall always form an indivisible whole, regardless of their operating procedures usedhow they operate. By express agreement between the parties, this principle of account unity will shall also apply when the different various accounts are opened under different numbers or when they record transactions in different currencies. This principle shall not obstruct the application of differentiated interest rates to each of the accounts or sub-accounts under consideration within a single account. As regards accounts in foreign currencies, the current account balance as a whole shall be assessed, as required, in euros.