Common use of ADDITIONAL LANGUAGE Clause in Contracts

ADDITIONAL LANGUAGE. “You acknowledge and accept that this Agreement may be subject to the exercise by the Relevant Resolution Authority of the following powers to suspend or restrict rights and obligations arising from this Agreement: (i) the suspension of any payment or delivery obligation in accordance with Article L. 613 -56-8 of the Financial Code; (ii) the suspension of any payment or deliveryobligation in accordancewith Article L. 613 -56-4 of the Financial Code; (iii) the restriction of enforcement of any security interest in accordance with Article L. 613-56-2 II of the Financial Code; and (iv) the suspension of any termination right under this Agreement in accordance with Article L. 613-56-5 of the Financial Code. You acknowledge and accept that the conditions set out in Articles L. 613-45-1 and L. 613-50-4 of the Financial Code will apply in case of application of the powers set outhereabove.”

ADDITIONAL LANGUAGE. “You acknowledge and accept that this Agreement may be subject to the exercise by the Relevant Resolution Authority of the following powers to suspend or restrict rights and obligations arising from this Agreement: (i) the suspension of any payment or delivery obligation in accordance with Article L. 613 -56613-56-8 of the Financial Code; (ii) the suspension of any payment or deliveryobligation in accordancewith Article L. 613 -56613-56-4 of the Financial Code; (iii) the restriction of enforcement of any security interest in accordance with Article L. 613-56-2 II of the Financial Code; and (iv) the suspension of any termination right under this Agreement in accordance with Article L. 613-56-5 of the Financial Code. You acknowledge and accept that the conditions set out in Articles L. 613-45-1 and L. 613-50-4 of the Financial Code will apply in case of application of the powers set outhereabove.”