Common use of Restoration, etc. of Deposits Clause in Contracts

Restoration, etc. of Deposits. (1) When a direct debit is made through a CO Debit Transaction, you shall have no right to demand that any third party other than the Merchant (including the specified successor of the CO Merchant and the Bank) pay the amount of cash equal to the amount in deposit debited or demand that the Bank restore the amount in deposit debited to the original condition, even if the CO Debit Transaction Agreement is terminated (including termination by agreement) or lawfully ceases to be effective through cancellation, etc. (including the cancellation of the CO Debit Transaction Agreement due to cancellation of the Purchase or Sales Transaction or Cash-out Transaction).