Joint Account Agreement Sample Clauses

Joint Account Agreement. If applying to open a joint Account, each Client hereby jointly and severally acknowledges and agrees that the following terms and conditions shall apply: In consideration of MDIL carrying one or more joint Account(s) for the Clients, the Clients jointly and severally agree that each of them shall have authority, all on behalf of said joint Account(s) to operate such Account(s) including: to buy and/or sell Securities; to receive money, Securities and property of every kind and to dispose of same; to receive demands, notices, confirmations, reports, statements of account and communications of every kind; to sign such authorizations, agreements and documents as MDIL may require pertaining to any of the foregoing matters and generally to deal with MDIL as fully and completely as if each of the Clients alone was interested in said Account(s), all without notice to the other(s). MDIL is authorized to act upon the instructions of any of the Clients in every respect regarding said joint Account(s) and to make deliveries to any of the Clients or upon his/her instructions, of any or all Securities in said Account(s) and to make payments to any of the Clients, or upon his/her order, of any and all monies at any time or from time to time in said Account(s) even if such deliveries and/or payments shall be made to any of the Clients personally, and not for the joint Account of the Clients. In the event of any such deliveries of Securities or payments of monies to any of the Clients, MDIL is not bound or under duty or obligation to inquire into the application or disposition or the purpose or propriety of any such delivery of Securities or payment of monies. Right of Survivorship (not applicable to residents of Quebec): The Clients declare that their interests in the joint Account(s) are as joint tenants with full rights of survivorship and not as tenants in common. In the event of the death of either or any of the Clients, the entire beneficial interest in the joint Account(s) shall vest in the survivor or survivors, and if more than one survivor as joint tenants with full rights of survivorship and not as tenants in common on the same terms and conditions as contained in this Agreement. The death of one of the Clients shall in no way affect the right of the survivor to withdraw all monies and to take delivery of all Securities held in said Account(s) as aforesaid, subject to compliance with all applicable laws relating to succession duties and estate and inheritance ...
AutoNDA by SimpleDocs
Joint Account Agreement. If applying to open a joint account, each Client hereby jointly and severally acknowledges and agrees that the following terms and conditions shall apply:
Joint Account Agreement. ( T e na nt s i n C o m m o n ) In the event of the death of either or any of the undersigned, the interests in the account as of the close of business on the date of the death of decedent (or on the following business day if the date of death is not a business day), shall be as follows: Name of Participant: of his/her estate % Name of Participant: of his/her estate % Name of Participant: of his/her estate % But any taxes, costs, expenses, or other charges becoming a lien against or being payable out of the account as the result of death of the decedent, or through the exercise by his or her estate or representatives of any rights in the account shall, so far as possible, be deducted from the interest of the estate of such decedent. This provision shall not release the decedent’s estate from the liability provided for in the paragraph next preceding above. Subject to the provisions hereof, all notices or communications for the undersigned in respect of the joint account are to be directed to the primary joint account holder: Name Address City State Zip Code Each of the undersigned has signed the Customer Account Agreement and if applicable, a margin agreement (including a stock lending agreement) which are intended to cover, in addition to the provisions hereof, the terms governing the joint account. Very truly yours, Primary Joint Account Holder’s Signature Date
Joint Account Agreement. If you open a joint Account:
Joint Account Agreement. (not applicable to registered plans)‌ If you have indicated that you want a Joint Account, you agree to the following additional terms. These are in addition to any other agreement contained in this booklet.
Joint Account Agreement. This Joint Account Agreement only applies to Investment Accounts opened by two or more Clients as co-applicants. You have indicated on your Account Application whether this Joint Account grants the other Joint Account holders a right of survivorship. As Joint Account holders have equal rights to control the Joint Account, you should carefully review this Joint Account Agreement. In consideration of BMO Xxxxxxx Xxxxx opening or maintaining the Joint Account or Joint Accounts for each Client, each Client understands and agrees to the following terms and conditions for the operation of the Joint Account.
Joint Account Agreement. In consideration of BMO Xxxxxxx Xxxxx opening or maintaining the Joint Account or Joint Accounts foreach Client, each Client understands and agrees to the following terms and conditions for the operation of the Joint Account. Except as otherwise provided in this Joint Account Agreement, all terms defined in the Account Agreement at Part One shall have the same meaning herein.
AutoNDA by SimpleDocs
Joint Account Agreement. ( T e na nt s by E nt i r e t y ) Subject to the provisions hereof, all notices or communications for the undersigned in respect of the joint account are to be directed to the primary joint account holder: Name Address City State Zip Code Each of the undersigned has signed the Customer Account Agreement and if applicable, a Margin Agreement (including a stock lending agreement) which are intended to cover, in addition to the provisions hereof, the terms governing the joint account. Very truly yours, Primary Joint Account Holder’s Signature Date
Joint Account Agreement. ( T e na nt s by E nt i r e t y ) Subject to the provisions hereof, all notices or communications for the undersigned in respect of the joint account are to be directed to the primary joint account holder: Name Address City State Zip Code Each of the undersigned has signed the Customer Account Agreement and if applicable, a Margin Agreement (including a stock lending agreement) which are intended to cover, in addition to the provisions hereof, the terms governing the joint account. Very truly yours, Primary Joint Account Holder’s Signature Date Primary Joint Account Holder’s Printed Name Secondary Joint Account Holder’s Signature Date
Joint Account Agreement. 4. OANDA is authorized to act on the instructions of the Existing Account Holder or the Additional Account Holder, without further inquiry with regard to all transactions in any way related to the Account, including without limitation, the placement of orders and entering into of trades on the FXTrade system, and the disposition of any or all of the assets in the Account. OANDA shall have no responsibility or obligation for further inquiry into such apparent authority, and shall bear no liability for the consequences of any acts or omissions made in reliance upon any such instructions. 5. It is agreed that in the event of the death of either of the Existing Account Holder or the Additional Account Holder (each an “Account Holder”), the surviving Account Holder shall immediately give OANDA written notice thereof, and OANDA may, before or after receiving such notice, take such proceedings, require such papers and inheritance or estate tax waivers, retain such portion and/or restrict transactions in the Account as OANDA may deem advisable to protect itself against any tax, liability, penalty or loss, under any present or future laws or otherwise, The estate of the deceased Account Holder and the surviving Account Holder shall continue to be liable, jointly and severally, to OANDA for any obligations incurred prior to OANDA’s receipt of written notice of the death of the Account Holder, or for any costs incurred by OANDA, including any reasonable attorney fees, in the liquidation of the Account or adjustment of the interests of the Account Holders. 6. The Account Holders agree and acknowledge that the form of ownership of the Account will be as indicated below by their initials: Joint Tenants with Rights of Survivorship It is the express intention of the Account Holders to create an estate or account as joint tenants with rights of survivorship and not as tenants-in-common. In the event of the death of either of the Account Holders, the entire interest in this Account shall be vested in the surviving Account Holder on the same terms and conditions as previously held, without in any manner releasing the deceased Account Holder’s estate from the liability provided in Section 5. Tenants-In-Common It is the express intention of the Account Holders to create an account or estate as tenants-in-common. The percentage of ownership of each Account Holder shall be as indicated below. Any taxes, costs or expenses payable as a result of the death of an Account Holder shal...
Time is Money Join Law Insider Premium to draft better contracts faster.