Common use of Club Accounts Clause in Contracts

Club Accounts. A club account is a Personal Account held by a member designated by us as a “Club” (e.g. a book club; a recreational sports team; etc.) as the Primary Member. The authorized person who is designated at the time of account opening and opens an Account for a club agrees to furnish us in writing with the names and signatures of any persons authorized to access the club’s Accounts and who will be designated as Authorized Signers.