Common use of Disposal of the Certificate of Deposit Clause in Contracts

Disposal of the Certificate of Deposit. 10.5.4.1. The holder of the certificate of deposit is authorized to dispose the certificate of deposit following the terms established by the legislation, unless the certificate of deposit is used as a means of securing a bank claim. The Bank is authorized to repurchase the certificate of deposit with priority right.

Appears in 14 contracts

Samples: General Agreement, General Agreement, General Agreement

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