Check Liability Amount Credit Örnek Maddeleri

Check Liability Amount Credit. The Customer and guarantors, hereby accepts that in addition to this Agreement, the provisions of the Commercial Services Agreement signed / to be signed by the Customer pertaining to Check Liability Amount Credit will also be valid and enforceable hereunder. 5.18.1. A non-cash credit risk is entered into the Client’s account for the amounts which the Bank is liable to pay pursuant to the applicable laws for each check in the checkbook delivered to the Client. This non-cash credit risk will be kept in the Client’s account until the check liability amount is paid and the risk is converted into cash, or original checks are returned, or a final court judgment certifying that the checks have become null and void ab initio is presented, or the non-cash credit risk terminates otherwise pursuant to the pertinent laws. 5.18.2. If and when the Bank pays the check liability amount, the non-cash credit risk will be converted into cash risk, and the cash credit provisions of this Agreement will become applicable and enforceable. 5.18.3. The Bank may at any time request the Customer to redeliver and return the check books entrusted to it. In addition, if and when the credit facility is closed, the Customer hereby agrees and undertakes to return to the 5.19. Vergi, SGK, Fatura vb. Nakit Yönetimi Kredileri