Joint Account definition

Joint Account means an Account opened in more than one name;

Joint Account means an Account jointly maintained in 2 names and a “Joint Account Holder” means a person in whose name a Joint Account is maintained;

Joint Account means an Account opened in names of two members.

Examples of Joint Account in a sentence

• The interest shall be calculated from the point in time when it should have been debited/credited, or from 1 July of that year, to the day it is debited/credited the Joint Account.

• To the extent Affiliated companies carry out and are responsible for substantial activities that are chargeable to the Joint Account, such cost is fully auditable.

• The Joint Account shall be adjusted accordingly as soon as possible.

• Technical and other services including, but not limited to, laboratory analyses, drafting, geological and geophysical interpretation, construction, research, data processing and accounting for the direct benefit of the Joint Operation, shall be charged to the Joint Account at actual cost, provided such cost does not exceed the cost that would have been incurred if such services were performed by independent external consulting and service companies.

• CHARGES TO THE JOINT ACCOUNT All expenditures necessary to properly conduct the Joint Operations shall be charged to the Joint Account.

More Definitions of Joint Account

Joint Account means the accounts maintained by Operator in accordance with the provisions of this Agreement and of the Accounting Procedure for Joint Operations.

Joint Account means the account showing the charges paid and credits received in the conduct of the Joint Operations and which are to be shared by the Parties.

Joint Account means the books of account maintained by the Operator to record all costs, expenses, credits and other transactions arising out of or in connection with the Mining Operations.

Joint Account means an Account opened in more than one name and includes an Account in the name of a partnership.

Joint Account means an account payable on request to one or more of two or more parties whether or not mention is made of any right of survivorship.

Joint Account means the account maintained in accordance with the Accounting Procedure showing the charges and credits accruing to the Participants.

Joint Account means a deposit in a financial institution in which 2 or more persons have an interest, either by way of ownership or right of withdrawal.