Debt contract (presentational)

Debt contract (presentational)

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Debt contract (presentational)
ARTICLE 5. THE BASIS AND ORDER OF THE CONTRACT TERMINATION

5.1. The LENDER has the right to terminate the Contract with the DEBTOR on the conditions provided by the Term liability (Annex № 1 to the Contract).
5.2. Present Contract termination is fulfilled as written corresponding notice direction to the DEBTOR by the certified mail or the telegram with confirm on receipt.
This Agreement shall be deemed terminated from the date of delivery (receipt) of the above notice. The date of delivery (receipt) of the above notice is the date of delivery indicated on the return receipt to the sending party or another document with indication of the source of information.

ARTICLE 6. PARTIES RESPONSIBILITIES

6.1. At untimely loan return and-or payment of percent for its usage, the DEBTOR pays the LENDER a penalty at a rate of 0,05% from the sum of untimely made payment for each calendar day of obligations delay. The penalty for untimely loan return, percent for using a loan are paid by the DEBTOR in loan currency.
6.2. The term readout charging percent for using a loan starts the next day after the loan sum delivery for the DEBTOR and comes to an end with date of the DEBTOR definitive repayment of formed debt in connection with loan return.
6.3. The LENDER shall have the right to suspend the fulfilment of obligations under this Contract until the corresponding violations are eliminated in the following cases:
6.3.1. in case of signing of the Contract with the Statement of Disagreements by the DEBTOR without prior harmonization of these disagreements with the LENDER
6.3.2. In case of DEBTOR breach of the Contract and/or Annexes thereto, provided for in par. 4.5 of the Contract.
6.3.3. In case of  DEBTOR breach of the procedure for signing the Contract and/or Annexes thereto, provided for in par. 7.10. of the Contract.




ARTICLE 7. OTHER PROVISIONS

7.1. The present contract comes into force from the moment of signing and operates before full obligations execution by the PARTIES is made.
7.2. The DEBTOR enters the present Contract not aiming to receive any results, data, information etc. for personal, family or any domestic usage. The DEBTOR carries out business activity only.
7.3. Changes and additions to the present Contract, except the cases provided by article 4.2.1 of the present Contract, are valid, if they are made in writing and signed by the DEBTOR and the LENDER.
7.4. In case of dispute of questions provided by the Contract occurrence, the Parties will take all possible means to avoid them by negotiations.
7.5. Any arguments appearing or that might appear upon the Contract (specific legal relation) between the SIDES also connected with its conclusion, execution (non-execution or incorrect execution), alteration, abrogation, ineffectiveness (fully or partly) shall be resolved by arbitration administered by the Arbitration Center at the autonomous non-profit organization "Institute of Contemporary Arbitration" in accordance with the provisions of the Arbitration Rules
7.6. The Parties hereby declare that in accordance with the para. 3 of the article 428 of the Russian Federation Civil code  neither Party was put in a position that comprises a significant hindrance to agreement upon another contents of particular terms of the present Contract as they had equal negotiating power, the terms of the present Contract were defined by the both Parties, and the negotiating power equality is evident. The terms of the present Contract have not been set forth by the Parties in blank forms or other standard forms. The Parties are entitled to enter any changes into the present Contract in case such changes are agreed upon by the Parties. The present Contract doesn't constitute a type of a joinder agreement.
7.7. The parties assure that this transaction is not a mock or an artificial transaction made by violent influence such as delusion, deceit, violence, threat or ill-intentioned agreement of one side representative from another.
7.8. The LENDER gives the information on the present Contract conclusion and its conditions to the third parties only after the DEBTOR written approval except for the cases provided by the current legislation of the Russian Federation.
7.9. The DEBTOR has no right to transfer the rights under the Contract to the third parties without the LENDER written approval.
7.10. When signing this Agreement, each  page thereof  shall be  subject to  requisite handwritten signature.
7.11. To the extent not regulated by this Agreement the relations between the Parties should be regulated by material and processual law of the Russian Federation.
7.12. If any inconsistency in text in different languages of this Agreement is present, it should be ruled by the Russian language version.
7.13. The Contract is signed in two original copies, one for each PARTY, each having an identical validity.
7.14. All the Contract Annexs are being its integral part:
Annex № 1 — Term liability;
Annex № 2 — The DEBTOR application;
Annex № 3 — The loan voucher.
8. LEGAL ADDRESSES, DETAILS AND SIGNATURES OF THE PARTIES
LENDER
ALPA CONSULTING LIMITED
Company Number: 2017/499886/07                                                                                                  
Address No.1 Bridgeway                                                                                          
Century City,                                                                                                            
CAPE TOWN, R.S.A. 7441                                                                                      
Tel.: +2721 830-5465                                                                                          
Dir. Line: +2721 830-5465                                                                                          
An address of office is in Russia: 125009, Russia, Moscow, Bolshaya Dmitrovka street, 5/6 bld 3
Tel./fax: +7 (495) 245 0 245
E-mail: time@alpa-consulting.com

General manager
____________________________________________ Akenzua A.
L.S.
DEBTOR
Full name: ______________________
Nationality: _____________________
Date of birth: ___________________
Place of birth: ___________________
Residence: ______________________
Tel/Fax: _______________________
E-mail: _______________________
ID (name, series, number, delivery date, issued by, other info): ______________________




______________________________________FIO.
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