Signature Restrictions Clause Samples
The Signature Restrictions clause defines the limitations and requirements regarding who is authorized to sign the agreement and under what conditions signatures are considered valid. Typically, this clause specifies that only designated representatives or individuals with proper authority may execute the contract, and may outline acceptable forms of signature, such as handwritten, electronic, or digital. Its core practical function is to prevent unauthorized or fraudulent execution of the agreement, ensuring that only valid, binding signatures are recognized and thereby protecting the parties from disputes over contract validity.
Signature Restrictions. Each Account Holder understands that Services may be used to cause transfers of funds (debits and credits) from and to its Accounts without regard to any withdrawal or signature restrictions otherwise applicable to the affected Account. For example, if withdrawals, checks or other access to an Account is subject to dollar limits or multiple signature requirements, these limitations are not applicable to transactions conducted using the Services. This applies to deposit accounts if access to these or other types of accounts are made available using the Online system.
Signature Restrictions. For purposes of operating the Account or accounts, and for the exercising of rights and fulfilment of any obligations by the Client, the signatures of the Client must be provided in accordance with these General Terms and Conditions, and as provided in the Account Application Form. Said condition also applies to services and/or products that may eventually be contracted under specific agreements.