Loss of Capacity Sample Clauses

Loss of Capacity. If the Professional Client loses capacity during the currency of this Agreement, any person who subsequently gives instructions on his behalf will, in the absence of agreement to the contrary, be deemed to be acting as his agent and/or as his litigation friend, and shall be deemed to be doing so on the terms as set out in this Agreement.
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Loss of Capacity if the authority or power of the borrower to perform its obligations under this agreement to which it is a party is revoked or so amended that the borrower is unable to fully and duly perform and observe those obligations or, if the borrower is a natural person, the borrower dies or becomes incapable of managing his or her own affairs; or

Related to Loss of Capacity

  • Not Acting in Individual Capacity Except as provided in this Article VI, in accepting the trusts hereby created Wilmington Trust Company acts solely as Owner Trustee hereunder and not in its individual capacity, and all Persons having any claim against the Owner Trustee by reason of the transactions contemplated by this Trust Agreement or any Basic Document shall look only to the Owner Trust Estate for payment or satisfaction thereof.

  • Local Circuit Switching Capability, including Tandem Switching Capability 4.2.1 Local circuit switching capability is defined as: (A) line-side facilities, which include, but are not limited to, the connection between a loop termination at a main distribution frame and a switch line card; (B) trunk-side facilities, which include, but are not limited to, the connection between trunk termination at a trunk-side cross-connect panel and a switch trunk card; (C) switching provided by remote switching modules; and (D) all features, functions, and capabilities of the switch, which include, but are not limited to: (1) the basic switching function of connecting lines to lines, line to trunks, trunks to lines, and trunks to trunks, as well as the same basic capabilities made available to BellSouth’s customers, such as a telephone number, white page listings, and dial tone; and (2) all other features that the switch is capable of providing, including but not limited to customer calling, customer local area signaling service features, and Centrex, as well as any technically feasible customized routing functions provided by the switch. Any features that are not currently available but are technically feasible through the switch can be requested through the BFR/NBR process.

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