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Bstdb Establishing Agreement

These terms and conditions of use resolve all announcements, conditions, agreements or prior communications and constitute the full agreement between the BSTDB and the User with respect to the Site. The arbitrator does not have the right to take or provide interim protection or prejudicial decision against the BSTDB, notwithstanding the UNCI arbitration regulation, and the user agrees not to ask a judicial authority to take interim safeguards or prior adoptions against the BSTDB. If the CNUDCI arbitration regulation does not provide for a particular situation, the arbitrator has absolute discretion to determine the procedure to be followed and the arbitrator`s decision is final. Any arbitral award from the arbitrator is final and binding on the parties and is substituted for another remedy. Although the Black Sea Economic Cooperation Organization has thirteen members, the Bank has only the eleven founding members: the President is Ceo and Chairman of the Board of Directors. In accordance with Article 29 of the agreement establishing the Bank, the President, under the direction of the Board of Directors, directs the Bank`s day-to-day operations. A link to the websites of the BSTDB website may be linked to the website without the consent of the BSTDB. However, these links must clearly identify the BSTDB as a source of information posted on the site and preserve the integrity of the site. The BSTDB reserves the right to refuse permission to link to the website and may at any time require users or websites to no longer create links to the site.

The INability of the BSTDB to exercise or enforce a right or provision of these Terms and Conditions does not constitute a waiver of that right or provision. If a provision of the terms and conditions of sale is found invalid or unenforceable by a legal forum of the competent court, the other provisions of these General Conditions will not be affected and will remain fully in force. The Chairman`s duties may be defined as follows: In particular, THE actual results and developments of BSTDB may differ materially from all forecasts, opinions or expectations expressed on the site.

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