Sole paragraph - The prevailing rates for active operations in general shall be charged on the amounts released by BANCO RENDIMENTO at the time of release, in addition to Tax on Financial Transactions - IOF, as well the services fee in force at the time of release. SECTION THREE - At the request of the ACCOUNT HOLDER(S), BANCO RENDIMENTO may release amounts corresponding to check deposits still to be cleared, provided that they are not issued by the account holder(s) themselves or their Attorney(s)-in-fact. SECTION TWO - Depending on the option checked in the Proposal Form for Opening of Bank Account, the account shall have the following characteristics: a) Joint-Signature Account: shall be operated or closed jointly by its holders, who shall be jointly liable for the settlement of any outstanding balance b) Joint Account: shall be operated or closed individually or jointly by any of its holder, who shall be jointly liable for the settlement of any outstanding balance c) Account Held by Relatively Incompetent Minor (between 16 and 21 years-old): shall be operated individually by the holder, over 16 and under 21 years-old, who may issue and endorse checks, operate the account, as provided for in this agreement, and who shall be authorized for such purpose by the person in charge thereof, who also signs this instrument d) Account Held by Absolutely Incompetent Minor (under 16 years-old): shall be operated by their legal representatives, who sign this instrument. 5) Sums deposited by check will only be available after check clearance. In case there is no communication, any correspondence forwarded by the BANK to the address previously provided shall be deemed received for all effects. Mandates, powers of attorney, or any other instructions through public or private instrument of an indefinite term, and also those for a limited term before the expiration date, shall only be regarded as revoked or cancelled for all effects upon receipt of written communication in connection therewith, and BANCO RENDIMENTO shall be held harmless from any and all liability in the absence of such provision c) any change of address, phone number and other important data to communicate with the ACCOUNT HOLDER(S). a) bylaws/articles of association) b) public or private powers of attorney of limited or indefinite term, which may affect BANCO RENDIMENTO regarding the operation of the Bank Account. 4) The ACCOUNT HOLDER(S) agree(s) to communicate to BANCO RENDIMENTO any and all change occurred or that may occur with respect to. 3) The ACCOUNT HOLDER(S) is/are further agree to comply with the conditions and/or guidelines included in the front cover and back cover of the checkbooks, in the requests of checkbooks and in the rules of the Central Bank of Brazil. 2) The provision of checkbooks shall depend on the absence of data record restrictions, including Record of Issuers of Dishonored Checks - CCF, in the name of the ACCOUNT HOLDER(S), person(s) in charge, or their Attorney(s)-in-fact.
1) As this is a bank account, it may be operated by means of orders, checks or any other manner provided for by the Central Bank of Brazil.
SECTION ONE - BANCO RENDIMENTO opens to the ACCOUNT HOLDER(S) a bank account identified in the Bank Account Opening Proposal/Agreement. 68.900.810/0001-38, hereinafter referred to as BANCO RENDIMENTO, and the ACCOUNT HOLDERS(S) qualified in the Bank Account Opening Proposal/Agreement, hereinafter referred as such, enter into a Bank Account Agreement, which shall be governed by the provisions set forth below, subject to the applicable legal regulations and any amendments thereto. das Nações Unidas, n.º 8501, 10º th Floor, in São Paulo, State of São Paulo, enrolled with the CNPJ/MF under No. AGREEMENT Banco Rendimento S.A., with its principal place of business at Av.
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