Common use of COMMUNICATIONS Clause in Contracts

COMMUNICATIONS. 8.1 By concluding the Loan Agreement, the Customer agrees that all relevant notices and other communications can be sent to him or her electronically, including by e-mail, SMS, and through other communication channels agreed e.g. Whatsapp. Notices and other communications (except for important declarations according to § 308 No. 5 BGB and other important notices such as Reminder Letter and notice of termination) sent electronically are considered received on the day following the day of transmission unless Xxxxxxxx receives a delivery failure notification through the same channel. If the Customer accesses the notice at an earlier point in time, the notices and other communications are considered received at that time.

COMMUNICATIONS. 8.1 By concluding the Loan Agreement, the Customer agrees that all relevant notices and other communications can be sent to him or her electronically, including by e-mail, SMS, and through other communication channels agreed e.g. Whatsapp. Notices and other communications (except for important declarations according to § 308 No. 5 BGB and other important notices such as Reminder Letter and notice of termination) sent electronically are considered received on the day following the day of transmission unless Xxxxxxxx Ferratum receives a delivery failure notification through the same channel. If the Customer accesses the notice at an earlier point in time, the notices and other communications are considered received at that time.