Waiver of statutory restrictions. The provisions of non-mandatory statutory restrictions shall not be applied in case they are in discrepancy to the terms and conditions of this Agreement. For example, Chapter 10 Section 2 of the Finnish Commercial Code (Fi: Kauppakaari, 3/1734, as amended from time to time), including the requirement to give an advance notice to the Account Holder, shall not apply to the pledge under this Agreement and eSett is hereby authorized to enforce the pledge in any manner it deems appropriate.
Appears in 3 contracts
Sources: Cash Account and Cash Collateral Agreement, Cash Account and Cash Collateral Agreement, Pledged Cash Account Agreement