JOINT ACCOUNT OWNERS Sample Clauses

JOINT ACCOUNT OWNERS. If this Account is held by more than one (1) person, all of the joint holders agree to be jointly and severally liable for the obligations assumed in this Agreement. If this Account is held in trust, joint ownership, or partnership, the undersigned hereby agrees to indemnify, defend and hold harmless QFS for any losses resulting from breach of any fiduciary duty of the undersigned to the other holders and beneficiaries of this Account. Further, any one or more of the joint owners shall have full authority for the Account and risk of the Account owners, to buy, sell, and trade in transactions of foreign currencies or off-exchange options, to deposit with and withdraw from QFS, currencies, securities, negotiable instruments, and other property, including withdrawals to or for the individual use or Account of the party directing the sale or of any other party, to receive and acquiesce in the correctness of notices, confirmations, requests, demands and all other forms of communications, and to settle, compromise, adjust, and give releases with respect to any and all claims, demands, disputes, and controversies. Upon death or legal incapacity of any of the undersigned, QFS is authorized to take such action in regard to the Account, as QFS may deem advisable to protect itself against any liability, penalty or loss. Customer agrees to notify QFS immediately upon the death or legal incapacity of any joint owner. QFS may terminate this Agreement by written notice to any one of the joint owners. In the event that QFS receives a notice of a dispute between or conflicting instructions from joint account holders, QFS may, but is not required to, place restrictions on the account, including restrictions on withdrawals or transfers from an account, until QFS receives satisfactory documentations that the dispute has been resolved or all joint account holders give QFS instructions.
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JOINT ACCOUNT OWNERS. If this Account is held by more than one (1) person, all of the joint holders agree to be jointly and severally liable for the obligations assumed in this Agreement. If this Account is held in trust, joint ownership, or partnership, the undersigned hereby agrees to indemnify, defend and hold harmless MiltonPrime for any losses resulting from breach of any fiduciary duty of the undersigned to the other holders and beneficiaries of this Account. Further, any one or more of the joint owners shall have full authority for the Account and risk of the Account owners, to buy, sell, and trade in transactions of foreign currencies or off‐ exchange options, to deposit with and withdraw from MiltonPrime, currencies, securities, negotiable instruments, and other property, includingwithdrawals to or for the individual use or Account of the party directing the sale or of any other party, to receive and acquiesce in the correctness of notices, confirmations, requests, demands and all other forms of communications, and to settle, compromise, adjust, and give releases withrespect to any and all claims, demands, disputes, and controversies. Upon death or legal incapacity of any of the undersigned, MiltonPrime is authorized to take such action in regard to the Account, as MiltonPrime may deem advisable to protect itself against any liability, penalty or loss. Customer agrees to notify MiltonPrime immediately upon the death or legal incapacity of any joint owner. MiltonPrime may terminate this Agreement by written notice to any one of the joint owners. In the event that MiltonPrime receives a notice of a dispute between or conflicting instructions from joint account holders, MiltonPrime may, but is not required to, place restrictions on the account, including restrictions on withdrawals or transfers from an account, until MiltonPrime receives satisfactory documentations that the dispute has been resolved or all joint account holders give MiltonPrime instructions.
JOINT ACCOUNT OWNERS. If this Account is held by more than one (1) person, all the joint holders agree to be jointly and severally liable for the obligations assumed in this Agreement. If this Account is held in trust, joint ownership, or partnership, the undersigned xxxxxx agrees to indemnify, defend, and hold harmless Evalanch Ltd for any losses resulting from breach of any fiduciary duty of the undersigned to the other holders and beneficiaries of this Account. Further, any one or more of the joint owners shall have full authority for the Account and risk of the Account owners, to buy, sell, and trade in transactions of foreign currencies or off- exchange options, to deposit with and withdraw from Evalanch Ltd, currencies, securities, negotiable instruments, and other property, including withdrawals to or for the individual use or Account of the party directing the sale or of any other party, to receive and acquiesce in the correctness of notices, confirmations, requests, demands and all other forms of communications, and to settle, compromise, adjust, and give releases with respect to any and all claims, demands, disputes, and controversies. Upon death or legal incapacity of any of the undersigned, Evalanch Ltd is authorized to take such action in regard to the Account, as Evalanch Ltd may deem advisable to protect itself against any liability, penalty or loss. Customer agrees to notify Evalanch Ltd immediately upon the death or legal incapacity of any joint owner. Evalanch Ltd may terminate this Agreement by written notice to any one of the joint owners. In the event that Evalanch Ltd receives a notice of a dispute between or conflicting instructions from joint account holders, Evalanch Ltd may, but is not required to, place restrictions on the account, including restrictions on withdrawals or transfers from an account, until Evalanch Ltd receives satisfactory documentations that the dispute has been resolved or all joint account holders give Evalanch Ltd instructions.
JOINT ACCOUNT OWNERS. If this Account is held by more than one (1) person, all of the joint holders agree to be jointly and severally liable for the obligations assumed in this Agreement. If this Account is held in trust, joint ownership, or partnership, the undersigned hereby agrees to indemnify, defend and hold harmless Fair Forex for any losses resulting from a breach of any fiduciary duty of the undersigned to the other holders and beneficiaries of this Account. Further, any one or more of the joint owners shall have full authority for the Account and risk of the Account owners, to buy, sell, and trade in transactions of off-exchange products, to deposit with and withdraw from Fair Forex, currencies, securities, negotiable instruments, and other property, including withdrawals to or for the individual use or Account of the party directing the sale or of any other party, to receive and acquiesce in the correctness of notices, confirmations, requests, demands and all other forms of communications, and to settle, compromise, adjust, and give releases with respect to any and all claims, demands, disputes, and controversies. Upon death or legal incapacity of any of the undersigned, Fair Forex is authorized to take such action in regard to the Account, as Fair Forex may deem advisable to protect itself against any liability, penalty or loss. Customer agrees to notify Fair Forex immediately upon the death or legal incapacity of any joint owner. Fair Forex may terminate this Agreement by written notice to any one of the joint owners.
JOINT ACCOUNT OWNERS. IF THIS ACCOUNT IS HELD BY MORE THAN ONE (1) PERSON, ALL OF THE JOINT HOLDERS AGREE TO BE JOINTLY AND SEVERALLY LIABLE FOR THE OBLIGATIONS ASSUMED IN THIS AGREEMENT. IF THIS ACCOUNT IS HELD IN TRUST, JOINT OWNERSHIP, OR PARTNERSHIP, THE UNDERSIGNED HEREBY AGREES TO INDEMNIFY, DEFEND AND HOLD HARMLESS LOGIPIP FOR ANY LOSSES RESULTING FROM BREACH OF ANY FIDUCIARY DUTY OF THE UNDERSIGNED TO THE OTHER HOLDERS AND BENEFICIARIES OF THIS ACCOUNT. FURTHER, ANY ONE OR MORE OF THE JOINT OWNERS SHALL HAVE FULL AUTHORITY FOR THE ACCOUNT AND RISK OF THE ACCOUNT OWNERS, TO BUY, SELL, AND TRADE IN TRANSACTIONS OF OFF-EXCHANGE PRODUCTS, TO DEPOSIT WITH AND WITHDRAW FROM LOGIPIP, CURRENCIES, SECURITIES, NEGOTIABLE INSTRUMENTS, AND OTHER PROPERTY, INCLUDING WITHDRAWALS TO OR FOR THE INDIVIDUAL USE OR ACCOUNT OF THE PARTY DIRECTING THE SALE OR OF ANY OTHER PARTY, TO RECEIVE AND ACQUIESCE IN THE CORRECTNESS OF NOTICES, CONFIRMATIONS, REQUESTS, DEMANDS AND ALL OTHER FORMS OF COMMUNICATIONS, AND TO SETTLE, COMPROMISE, ADJUST, AND GIVE RELEASES WITH RESPECT TO ANY AND ALL CLAIMS, DEMANDS, DISPUTES, AND CONTROVERSIES. UPON DEATH OR LEGAL INCAPACITY OF ANY OF THE UNDERSIGNED, LOGIPIP IS AUTHORIZED TO TAKE SUCH ACTION IN REGARD TO THE ACCOUNT, AS LOGIPIP MAY DEEM ADVISABLE TO PROTECT ITSELF AGAINST ANY LIABILITY, PENALTY OR LOSS. CUSTOMER AGREES TO NOTIFY LOGIPIP IMMEDIATELY UPON THE DEATH OR LEGAL INCAPACITY OF ANY JOINT OWNER. LOGIPIP MAY TERMINATE THIS AGREEMENT BY WRITTEN NOTICE TO ANY ONE OF THE JOINT OWNERS.

Related to JOINT ACCOUNT OWNERS

  • Joint Accounts If any of your accounts accessed under this Agreement are joint accounts, all joint owners, including any authorized users, shall be bound by this Agreement and, alone and together, shall be responsible for all EFT transactions to or from any share and share draft or loan accounts as provided in this Agreement. Each joint account owner, without the consent of any other account owner, may, and is hereby authorized by every other joint account owner, make any transaction permitted under this Agreement. Each joint account owner is authorized to act for the other account owners, and the Credit Union may accept orders and instructions regarding any EFT transaction on any account from any joint account owner.

  • Joint Account Owner Liability If an item deposited in a joint account is returned unpaid, a joint account is overdrawn, or if we do not receive final payment on a transaction, the owners, jointly and severally, are liable to us for the amount of the returned item, overdraft, or unpaid amount and any charges, regardless of who initiated or benefited from the transaction. If any account owner is indebted to us, we may enforce our rights against any account of the indebted owner, including all funds in the joint account, regardless of who contributed the funds.

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