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Applicable Laws” shall mean, any statute, law, regulation, ordinance, rule, judgment, rule of law, order, decree, clearance, approval, directive, guideline, policy, requirement, or other governmental restriction or any similar form of decision, or determination by, or any interpretation or administration of any of the foregoing by, any statutory or regulatory authority whether in effect as of the date of the Facility or thereafter and in each case as amended.
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Application Form” means, any or each of the application(s) which are in the Mode of Application together with such information, particulars and clarifications as required by RRFL and furnished by the Customer in a form and manner acceptable to RRFL.
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Business Day” shall mean a day (other than Saturday or a Sunday) on which banks are open for general business in Mumbai or any relevant local office of RRFL as may be specified in the Application Form.
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Commercial Terms” shall mean the details provided in Schedule I
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Customer” means an individual (including his/her legal representatives, administrators, executors and heirs, including his/her permitted assigns and permitted transferees) who has been sanctioned a Facility by RRFL pursuant to submitting a duly filled-in Application Form.
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Equated Monthly Installments” or
“EMI” shall mean the amount payable every month by the
Customer to RRFL comprising of principal amount, interest, and other charges as the case may be, which amount has been bundled with the Connectivity Services recharges marketed by RRL;
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Jio Fiber Plan” shall mean the subscription plan being availed by the Customer for use of the Service Equipment from RJIL.
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Jio Fiber Terms” shall mean the terms and conditions of RRL applicable to use of the Service Equipment by the Customer and made available at [*].
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Loan” or “
Facility” shall mean the financial assistance availed by the Customer from RRFL in connection with invoice payment of the Service Equipment, towards the Customer’s right of use of the Service Equipment.
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Mode of Application” shall mean availing of Facility by a Customer by either of the following modes as permitted by RRFL:
(a) submitting an Application Form to an authorized RRFL Representative; or (b) Online/web and mobile application
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Outstandings” shall mean the total outstanding amount due and payable by a Customer to RRFL on any particular date and more particularly described in Clause 3.7 (c) of the RRFL Terms and Conditions.
“Products” or “
Service Equipment” shall mean specified assets, equipment and/or services offered by RRL under the Jio Fiber Terms as may be approved for granting loan by RRFL in its sole discretion from time to time.
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RBI” shall mean the Reserve Bank of India.
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RJIL” shall mean Reliance Jio Infocomm Limited.
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RRFL” shall mean Reliance Retail Finance Limited.
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RRFL Representatives” mean employees and/or personnel directly or indirectly engaged by RRFL from time to time.
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RRFL Terms and Conditions” means collectively the terms and conditions set out herein and any other terms applicable in connection with the Facility, as amended and/or modified by RRFL from time to time.
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RRL” shall mean Reliance Retail Limited.
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Valid Confirmation” shall mean the acceptance of the Commercial Terms by the Customer’s confirmation signature and OTP confirmation of customer details (as applicable).
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Website” shall mean
www.jio.com.