INAPPLICABLE RESTRICTIONS Sample Clauses
The Inapplicable Restrictions clause serves to clarify that certain limitations or prohibitions outlined elsewhere in an agreement do not apply in specific circumstances or to particular parties. In practice, this clause might specify that restrictions on use, transfer, or disclosure are waived for certain types of information, transactions, or entities. By delineating exceptions to general rules, the clause ensures that the agreement remains flexible and avoids unintended constraints, thereby preventing confusion or disputes over which restrictions are enforceable in given situations.
INAPPLICABLE RESTRICTIONS. Except to the extent otherwise provided in this Service Description, Client understands that transfers provided under this Service Description will occur without regard to any withdrawal or access restrictions otherwise applicable to the Deposit Accounts or the Loan Account. Client agrees that any arrangements with the Bank to restrict access to the Deposit Accounts or the Loan Account do not impact the Bank’s ability to sweep funds or make payments as provided in this Automated Sweep Service Description.
INAPPLICABLE RESTRICTIONS. Company understands that transfers provided under this Service Description will occur without regard to any withdrawal or access restrictions otherwise applicable to the Deposit Accounts or the Loan Account. Company agrees that any arrangements with the Bank to restrict access to the Deposit Accounts or the Loan Account do not impact the Bank’s ability to sweep funds or make Payments as provided in this Automated Sweeps and Cash Concentration Service Description.
INAPPLICABLE RESTRICTIONS. Except to the extent otherwise provided in this Agreement, Customer understands that transfers provided under this Agreement will occur without regard to any withdrawal or access restrictions otherwise applicable to the Accounts. Customer agrees that any arrangements with Banc to restrict access to the Accounts do not impact Banc’s ability to sweep funds, or make advances and payments as provided in this Automated Sweep Service Agreement.