Common use of The Bank shall Clause in Contracts

The Bank shall. 2.3.1. to ensure the integrity and safety of the safe deposit box (cell) during the Lessee term of the Agreement; 2.3.2. to provide the Lessee with the safe deposit box (cell) in good condition, suitable for use for the purposes stipulated by the Agreement; 2.3.3. to provide free access of the Lessee to the safe deposit box (cell) for placing valuables and documents into the safe deposit box (cell) or taking them out of the safe deposit box (cell) during the business hours, during which the Bank provides operational servicing of clients, subject to clause 7.1. of the Agreement. At that, simultaneous presence of several Lessees of safes (cells) in the safe depository is prohibited; 2.3.4. to notify the Lessee of circumstances that may lead to destruction or damage of valuables and/or documents in the safe deposit box (cell) within 3 (three) business days from the day of their detection; 2.3.5. to familiarize the Lessee with the effective Tariffs, including the amount of fines, at the moment of concluding the Agreement; 2.3.6. to provide access to the safe deposit box (cell) to the authorized person of the state body, which carries out state regulation, control and supervision of the financial market and financial organizations, to check the actual presence and content of the backup copies (electronic data, which constitute the nominal holding accounting system) stored therein in the presence of the Lessee (for business clients, securities market participants, providing nominal holding services); 2.3.7. to replace the safe deposit box (cell) to the Lessee with a similar safe deposit box (cell) in case of technical failure of the safe deposit box (cell)/lock of the safe deposit box (cell) due to the Bank's fault; 2.3.8. to return the cost of safe deposit box (cell) lease to the Lessee for the remaining period of safe deposit box (cell) lease, in case of non-fulfillment of sub-clause 2.3.7. of this clause; 2.3.9. to guarantee the safety of bank secrecy (information about the Lessee and persons specified in sub-clause 2.1.9., clause 2.1. of the Agreement, about the fact of safe deposit box (cell) lease, safe deposit box (cell) number, except for the cases stipulated by the legislation of the Republic of Kazakhstan and the Agreement.

Appears in 2 contracts

Sources: Mechanical Safe Deposit Box Lease Agreement, Mechanical Safe Deposit Box Lease Agreement