Pursuant to Clauses. [-] the Agreement, the Borrower has irrevocably designated, appointed and empowered us, in the case of any court proceedings or legal actions in connection with the Agreement and the other Finance Documents to receive for and on behalf of the Borrower service of process in respect of such proceedings or legal actions.
Pursuant to Clauses. 4.1 and 4.3, if an Academic Party determines, in accordance with its own rules and regulations in respect of such matters, that the Student should not continue on the Programme for whatever reason then it is acknowledged that the Academic Party making such determination shall have no further obligation to continue to allow or enable the particular Student to continue on the Programme. This may mean that you will be unable to complete the Programme and be awarded a degree by either Academic Party.
Pursuant to Clauses. 22.1.5 and 22.1.6 above, Faircom shall be entitled to debit the Subscriber, via debit order, at any time, for the full retail cost of the free-to-use Router until such free-to-use Router has been returned to Faircom in good condition and working order.
Pursuant to Clauses. 8.1 (Event of Default), 8.2 (Initial Procedures) and 9 (Enforcement of Security) of the Account Mortgage Agreement and the Applicable Law, we hereby inform you that an Event of Default under the Facility Agreement has occurred, and we therefore exercise our right to enforce the Security Assets with the following detail: Security Assets: [●] Time and Location: [●] Enforcement Method: [●] Yours faithfully, For and on behalf of CITIBANK N.A., SINGAPORE BRANCH as Secured Party …………………………….. Authorised Person SCHEDULE 2 FORM OF DEFAULT INSTRUCTION To: CITIBANK, N.A., HANOI BRANCH as Authorised Agent From: CITIBANK N.A., SINGAPORE BRANCH as Secured Party Date: [●] Dear Sirs, Default Instruction We refer to the Mortgage Agreement over Collateral Account dated [●] between us, VNG CORPORATION as the securing party (the Securing Party) and BIGV TECHNOLOGY CORPORATION as the Borrower (the Account Mortgage Agreement). This is a default instruction (the Default Instruction). Terms defined in the Account Mortgage Agreement have the same meaning when used in this Default Instruction. We, Citibank N.A., Singapore Branch, the Secured Party, hereby give you notice that the security created under the Account Mortgage Agreement has become enforceable in accordance with the terms and conditions of the Account Mortgage Agreement. We hereby instruct you to immediately withdraw [the entire amount/[insert an amount]] standing to the credit of the Account number [●] in the name of the Securing Party, [convert such amount to USD at your applicable spot rate of exchange], and transfer such amount to the following account: Bank: .............. (Swift ID: ..... )
Pursuant to Clauses. 9.12 and 9.13 above, the Seller shall repurchase from the Issuer and the Issuer shall accordingly re-assign or re-transfer to the Seller free from the Security created by or pursuant to the Deed of Charge, the relevant Additional Loan or Loans and/or the relevant COVID-19 Payment Holiday Loan or Loans (as the case may be) and its (or their) Related Security (and any other Loan secured or intended to be secured by that Related Security or any part of it). Completion of such repurchase pursuant to this Clause 9.14 shall, in the case of Additional Loans, take place on the Interest Payment Date stated in the Seller Loan Repurchase Notice as the date on which the relevant Additional Loans shall be repurchased and, in the case of COVID-19 Payment Holiday Loans, take place on the Monthly Pool Date stated in the Seller Loan Repurchase Notice as the date on which the relevant COVID-19 Payment Holiday Loans shall be repurchased.
