Common use of Right of Disposal Clause in Contracts

Right of Disposal. 3.1 The Account Holder hereby grants eSett an unconditional and exclusive right of disposal over the balance on the Pledged Cash Account, to be utilised in accordance with the Imbalance Settlement Agreement (with its Appendices).

Right of Disposal. 3.1 2.1 The Account Holder hereby grants eSett an unconditional and exclusive right of disposal over the balance on the Pledged Cash Account, to be utilised utilized in accordance with the Imbalance Settlement Agreement (with its Appendices). The Account Holder irrevocably instructs and authorises, without any further permission from the Account Holder, the Settlement Bank to comply with the terms of any written notice or instruction relating to the Cash Account issued by eSett.