Common use of Continuity of Obligations Clause in Contracts

Continuity of Obligations. Save as expressly provided in any Agreement, the termination and/or cancellation of any Agreement or any Account will be without prejudice to the completion of Transactions already initiated or to any liability (actual or contingent) already incurred by the Customer to the Bank. Any termination or cancellation shall also not affect provisions relating to taxes, fees and charges, indemnities, liabilities of the Customer and the powers of the Bank set out in the Agreement, which provisions shall survive the termination of any Agreement or Account.