Common use of Control of Multiple Party Accounts Clause in Contracts

Control of Multiple Party Accounts. Any owner is authorized and deemed to act for any other owner(s) and may instruct us regarding transaction and other account matters. Each owner guarantees the signature of any other owner(s). Any owner may withdraw all funds, stop payment on items, transfer or pledge to us all or any part of the shares without the consent of the other owner(s). You agree that any money in a joint account may be paid to any of the joint owners of the account. We have no duty to notify any owner(s) about any transaction. We reserve the right to require written consent of all owners for any change to, or termination of, an account. If we receive written notice of a dispute between owners or inconsistent instructions from them, we may suspend or terminate the account and require a court order or written consent from all owners to act.

Appears in 3 contracts

Samples: Account Agreement, Account Agreement, Account Agreement

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Control of Multiple Party Accounts. Any owner is authorized and deemed to act for any other owner(s) and may instruct us regarding transaction transactions and other account matters. Each owner guarantees the signature of any other owner(s). Any owner may withdraw all funds, stop payment on items, transfer transfer, or pledge to us all or any part of the shares without the consent of the other owner(s). You agree that any money in a joint account may be paid If you give access to your PIN for any of the joint owners of the accountyour accounts, you are giving access to these accounts. We have no duty to notify any owner(s) about any transaction. We reserve the right to require written consent of all owners for any change toto or termination of an account, or termination of, an accountif we suspect conflicting powers of attorney. If we receive written notice of a dispute between owners or inconsistent instructions from them, we may suspend or terminate the account and require a court order or written consent from all owners to act.

Appears in 2 contracts

Samples: Membership and Account Agreement, Membership and Account Agreement

Control of Multiple Party Accounts. Any owner is authorized and deemed to act for any other owner(s) and may instruct us regarding transaction and other account matters. Each owner guarantees guaran- tees the signature of any other owner(s). Any owner may withdraw all funds, stop payment on items, transfer or pledge to us all or any part of the shares without the consent of the other owner(s). You agree that any money in a joint account may be paid to any of the joint owners of the account. We have no duty to notify any owner(s) about any transaction. We reserve the right to require written consent of all owners for any change to, or termination of, an account. If we receive written notice of a dispute between owners or inconsistent instructions from them, we may suspend or terminate the account and require a court order or written consent from all owners to act.

Appears in 1 contract

Samples: Account Agreement

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Control of Multiple Party Accounts. Any owner is authorized and deemed to act for any other owner(s) and may instruct us regarding transaction and other account matters. Each owner guarantees the signature of any other owner(s). Any owner may withdraw all funds, stop payment on items, transfer or pledge to us all or any part of the shares without the consent of the other owner(s). You agree that any money in a joint account may be paid to any of the joint owners of the account. We have no duty to notify any owner(s) about any transaction. We reserve the right to require written consent of all owners for any change to, or termination of, an account. If we receive written notice of a dispute between owners or inconsistent instructions from them, we may suspend sus- pend or terminate the account and require a court order or written consent from all owners to act.

Appears in 1 contract

Samples: Account Agreement

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