Rights under this Section Clause Samples
The 'Rights under this Section' clause defines the specific entitlements or privileges granted to parties as outlined within a particular section of an agreement. It typically clarifies which rights are conferred, who may exercise them, and under what circumstances, such as the right to access information, receive payments, or enforce certain obligations. By explicitly stating these rights, the clause ensures that all parties understand their legal standing and the scope of their authority, thereby reducing ambiguity and potential disputes regarding the interpretation or exercise of those rights.
Rights under this Section. 33.4.1 Without limiting the foregoing, Customer shall have the ability hereunder, upon direction of Customer’s Administrator and/or Authorized User(s) and without inquiry by or notice from Bank, to access and utilize the Business Online Banking Services described in this Agreement in conjunction with the Account(s) of Customer and/or any Designated Related Entities. Subject to Bank’s prior approval, in its sole and exclusive direction, such use may include: (i) View Access to the Account(s) of any Designated Related Entity; (ii) initiating or otherwise engaging in Internal Transfers involving the Account(s) of any Designated Related Entity; and (iii) initiating or otherwise engaging in External Transfers involving the Account(s) of any Designated Related Entity.
33.4.2 Without limiting the foregoing, each Designated Related Entity shall have the ability hereunder, upon direction of Customer’s Administrator and/or Authorized User(s) and without inquiry by or notice from Bank, to utilize the Business Online Banking Services described in this Agreement in conjunction with the Account(s) of Customer or any Designated Related Entities. Subject to Bank’s prior approval, in its sole and exclusive direction, such use may include: (i) View Access to Customer’s Account(s) or of any other Designated Related Entity; (ii) initiating or otherwise engaging in Internal Transfers involving Customer’s Account(s) or of any other Designated Related Entity; and (iii) initiating or otherwise engaging in External Transfers involving Customer’s Account(s) or of any Designated Related Entity.
33.4.3 Without limiting the foregoing, individual or daily transfers between Accounts may be made in any amount not exceeding the available balance in the Account from which the transfers are made. Bank reserves the right to limit the frequency and dollar amount of transfers from the Accounts for security reasons. In addition, Customer’s and each Designated Related Entity’s ability to transfer funds between certain Accounts is limited by law and as set forth in each Account Disclosure Notice between Bank and Customer or Bank and the applicable Designated Related Entity.
Rights under this Section. In the event the Officer validly and timely delivers a Notice of Termination to Sovereign, he will be entitled to receive the following payments and benefits:
Rights under this Section. 33.4.1 Without limiting the foregoing, upon implementation, Customer shall have the ability hereunder, upon direction of Customer’s Primary Administrator, Admin(s), and/or User(s) designated by Customer’s Primary Administrator, and without inquiry by or notice from Bank, to access and utilize the Business Services described in this Agreement in conjunction with the Account(s) of Customer and/or any Designated Related Entities. Subject to Bank’s prior approval, in its sole and exclusive direction, such use may include: (i) View Access to the Account(s) of any Designated Related Entity; (ii) initiating or otherwise engaging in Internal Transfers involving the Account(s) of any Designated Related Entity; and (iii) initiating or otherwise engaging in External Transfers involving the Account(s) of any Designated Related Entity.
33.4.2 Without limiting the foregoing, upon implementation, each Designated Related Entity shall have the ability hereunder, upon direction of Customer’s Primary Administrator, Admin(s), and/or User(s) designated by Customer’s Primary Administrator, Admin(s), and without inquiry by or notice from Bank, to utilize the Business Services described in this Agreement in conjunction with the Account(s) of Customer or any Designated Related Entities. Subject to Bank’s prior approval, in its sole and exclusive direction, such use may include: (i) View Access to Customer’s Account(s) or of any other Designated Related Entity; (ii) initiating or otherwise engaging in Internal Transfers involving Customer’s Account(s) or of any other Designated Related Entity; and
Rights under this Section. In the event the Executive validly and timely delivers a Notice of Termination to SBI, he will be entitled to receive the following payments and benefits:
Rights under this Section. 33.4.1 Without limiting the foregoing, Customer shall have the ability hereunder, upon direction of Customer's Administrator and/or Authorized User(s) and without inquiry by or notice from the Bank, to access and utilize the Services described in this Agreement in conjunction with the Account(s) of Customer and/or any Designated Related Entities. Subject to the Bank's prior approval, in its sole and exclusive direction, such use may include: (i) View Access to the Account(s) of any Designated Related Entity;