Common use of JOINT ACCOUNT OWNERS Clause in Contracts

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.

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 xxxxxx 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.

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 xxxxxx agrees to indemnify, defend and hold harmless QFS Xxxxxx 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-off- exchange options, to deposit with and withdraw from QFSXxxxxx, 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 Xxxxxx is authorized to take such action in regard to the Account, as QFS Xxxxxx may deem advisable to protect itself against any liability, penalty or loss. Customer agrees to notify QFS Xxxxxx immediately upon the death or legal incapacity of any joint owner. QFS Xxxxxx may terminate this Agreement by written notice to any one of the joint owners. In the event that QFS Xxxxxx receives a notice of a dispute between or conflicting instructions from joint account holders, QFS Xxxxxx may, but is not required to, place restrictions on the account, including restrictions on withdrawals or transfers from an account, until QFS Xxxxxx receives satisfactory documentations that the dispute has been resolved or all joint account holders give QFS Xxxxxx 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 xxxxxx agrees to indemnify, defend defend, and hold harmless QFS The Company 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-off- exchange options, to deposit with and withdraw from QFSEvalanch 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, QFS The Company is authorized to take such action in regard to the Account, as QFS The Company may deem advisable to protect itself against any liability, penalty or loss. Customer agrees to notify QFS The Company immediately upon the death or legal incapacity of any joint owner. QFS The Company may terminate this Agreement by written notice to any one of the joint owners. In the event that QFS The Company receives a notice of a dispute between or conflicting instructions from joint account holders, QFS The Company may, but is not required to, place restrictions on the account, including restrictions on withdrawals or transfers from an account, until QFS The Company receives satisfactory documentations that the dispute has been resolved or all joint account holders give QFS The Company 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 QFS Xxxxxx 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-off- exchange options, to deposit with and withdraw from QFSXxxxxx, 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 Xxxxxx is authorized to take such action in regard to the Account, as QFS Xxxxxx may deem xxxx advisable to protect itself against any liability, penalty or loss. Customer agrees to notify QFS Xxxxxx immediately upon the death or legal incapacity of any joint owner. QFS Xxxxxx may terminate this Agreement by written notice to any one of the joint owners. In the event that QFS Xxxxxx receives a notice of a dispute between or conflicting instructions from joint account holders, QFS Xxxxxx may, but is not required to, place restrictions on the account, including restrictions on withdrawals or transfers from an account, until QFS Xxxxxx receives satisfactory documentations that the dispute has been resolved or all joint account holders give QFS Xxxxxx instructions.