Common use of Change in Status Etc Clause in Contracts

Change in Status Etc. Your obligations and Liabilities under this Agreement and/or any Applicable Agreement shall continue to be in full force and effect and be binding on you notwithstanding: (a) (where you are an individual) your death, incapacity (whether mental incapacity or otherwise), bankruptcy or other legal disability; (b) (where you are a corporation) your winding up, insolvency, dissolution or other legal disability; (c) (where you are a corporation) any change by amalgamation, reconstruction or otherwise which may be made to your constitution; and (d) any change by amalgamation, reconstruction or otherwise which may be made to the constitution of the Bank and any sale of all or any part of our undertaking and assets to another person, and all our rights and interests under this Agreement and/or any Applicable Agreement may then be enforced by any such amalgamated or reconstructed company or person as if it had been named herein instead of us.