Examples of Designated Related Entity in a sentence
Removal of a Designated Related Entity shall not relieve that Designated Related Entity of any contingent or matured obligation incurred hereunder prior to that removal.
Each Designated Related Entity hereby approves of the addition or removal, at any time, of other Designated Related Entities, Accounts and Authorized Users as provided herein, without notice to or further consent of such Designated Related Entity.
Customer and each Designated Related Entity acknowledge and agree that the addition of any new or deletion of any current Designated Related Entity(ies) to this arrangement shall require the execution and delivery of an appropriate form(s) by Customer, and by any new Designated Related Entity(ies) in Bank’s sole discretion, which documents shall be considered a part of this arrangement and otherwise attached hereto.
Customer and each Designated Related Entity hereby expressly acknowledge and agree to comply with, abide and be governed by the terms described in this Agreement regarding their respective use of the Business Online Banking Services.
Customer and each Designated Related Entity also acknowledge and agree that, pursuant to the terms hereof and subject to Bank’s prior approval, in Bank’s sole and exclusive discretion, Customer and each Designated Related Entity may also be permitted to utilize additional Business Online Banking Services involving the Account(s) of Customer or any Designated Related Entity.
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.
A Designated Related Entity may be removed from this arrangement by request of Customer, or by action of Bank.
Member and each Designated Related Entity acknowledge and agree that additional Designated Related Entities may be added to this arrangement by request of Member, subject to Navigant’s approval.
Each Designated Related Entityhereby approves of the addition or removal, at any time, of other Designated Related Entities , Accounts and Authorized Users as provided herein, without notice to or further consent of such Designated Related Entity.
Related Entity acknowledge and agree that Navigant shall have no obligation to allow any person or entity to become a Designated Related Entity with respect to this arrangement, to allow any Account of any person or entity to be added to this arrangement, or to provide or continue to provide this arrangement for any Designated Related Entity or Account.