Transaction Binding Clause Samples
The Transaction Binding clause establishes that the terms of the agreement are legally enforceable and obligate the parties to proceed with the transaction as outlined. In practice, this means that once both parties have agreed to the contract, neither can withdraw or alter the terms unilaterally without facing potential legal consequences. This clause ensures certainty and reliability in the transaction process by preventing either party from backing out or renegotiating terms after agreement, thereby reducing the risk of disputes and promoting trust between the parties.
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Transaction Binding. If you wish to enter into a Transaction, you may do so by giving us Instructions online (including the OFX mobile app), by telephone or by email if we agree this with you in advance. The Transaction will be legally binding on you when we receive your Instructions in accordance with this Agreement.
Transaction Binding. If you wish to enter into a Transaction, you may do so by giving us Instructions online, by telephone or by email. The Transaction will be legally binding on you when we receive your Instructions in accordance with this clause 4 or clause 5.
Transaction Binding. If you wish for us to make a Delegated Payment, you may give us Instructions online on our Platform. You may provide any Invoice or other third-party payee details to us online on our Platform or via your Accounting Software. The Transaction for each Delegated Payment will be legally binding on you when we receive your Instructions in accordance with this clause 4.