Common use of RIGHT OF DISPOSITION Clause in Contracts

RIGHT OF DISPOSITION. The signatures and authorizations of signatures granted in writing to the BANK are valid by themselves, as far as the BANK is concerned, until they are revoked in writing, despite the existence of annotations to the contrary in the Mercantile Register or other Public Registers or means of public notification.

RIGHT OF DISPOSITION. The signatures and authorizations of signatures granted in writing to the BANK are valid by themselveson their own, as far as the BANK is concerned, until they are revoked in writing, despite the existence of contrary annotations to the contrary in the Mercantile Register or other Public Registers or means of public notification.