Irregularity in Diminishing Musharakah Arrangement Sample Clauses

Irregularity in Diminishing Musharakah Arrangement. (if any) The security created shall continue to be valid and binding for all purposes notwithstanding that the participation of the Customer in the Diminishing Musharakah Arrangement may be invalid or in excess of the powers of the Customer, or of any director, attorney, partner, agent or other person purporting to act on behalf of the Customer, and notwithstanding any other irregularity in such participation of the Customer in the Diminishing Musharakah Arrangement.
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