Common use of Account Holder Clause in Contracts

Account Holder. The Accountholder must be an individual who is at least 18 years of age at the time that a Tax- Free Savings Account Application is submitted to SBIC. The statement of account ▇▇▇▇▇▇'s date of birth on the Tax-Free Savings Account Application will constitute account holder's certification and agreement to provide such further evidence of proof of age as may be required for the establishment of account holder's Tax-Free Savings Account. SBIC will rely solely on account ▇▇▇▇▇▇'s statements regarding account ▇▇▇▇▇▇'s age and eligibility for a Tax-Free Savings Account and will not be liable in any way for any tax consequences imposed as a result of incorrect statements submitted to SBIC in respect of the account opening process.