Common use of PARTICIPATION FUND (ACCOUNTS) Clause in Contracts

PARTICIPATION FUND (ACCOUNTS). 2.1.1. Provisions on Private Current Accounts: The Bank shall not pay a dividend and/or other revenue to these accounts. 2.1.2. The account holder shall be entitled to take back the money in his account in part or in whole, provided that he submits a written request to the Bank. 2.1.3. The Client shall be entitled to draw an amount under the caption of loan in cash or another from his current account within the limits assigned by the Bank and under the guarantees to be accepted. The operation of such transactions which will be referred to as loan (benevolent loan) shall be as follows: 2.1.3.1. The amount to be withdrawn, payment date and other information requested by the Bank shall be stated in the request of the Client. 2.1.3.2. In the event that the limit is set within the scope of any package services offered to the Client by the Bank, then the Client shall irrevocably acknowledge and undertake to comply with the registration, procedures and principles regarding the amount, guarantee and payment laid down in accordance with the package in question.

PARTICIPATION FUND (ACCOUNTS). 2.1.1. Provisions on Private Current Accounts: The Bank shall not pay a dividend and/or other revenue to these accounts. 2.1.2. The account holder shall be entitled to take back the money in his account in part or in whole, provided that he submits a written request to the Bank. 2.1.3. The Client Customer shall be entitled to draw an amount under the caption of loan in cash or another from his current account within the limits assigned by the Bank and under the guarantees to be accepted. The operation of such transactions which will be referred to as loan (benevolent loan) shall be as follows: 2.1.3.1. The amount to be withdrawn, payment date and other information requested by the Bank shall be stated in the request of the ClientCustomer . 2.1.3.2. In the event that the limit is set within the scope of any package services offered to the Client Customer by the Bank, then the Client Customer shall irrevocably acknowledge and undertake to comply with the registration, procedures and principles regarding the amount, guarantee and payment laid down in accordance with the package in question.