Joint Holder Clause Samples
The Joint Holder clause defines the rights and responsibilities of multiple individuals or entities who jointly own or hold an asset, account, or interest under an agreement. In practice, this clause typically outlines how decisions are made between joint holders, how ownership shares are managed, and the procedures for transferring or disposing of the jointly held asset. Its core function is to ensure clarity and prevent disputes by specifying how joint ownership is administered and what happens in scenarios such as the death or withdrawal of one holder.
Joint Holder. If you are a joint holder, these Terms and Conditions bind each person jointly and severally, and each person is authorised to issue instructions to your Intermediary and give receipts to Openmarkets in relation to any purchase or sale of Traded Products or other matters to which these Terms and Conditions relate.
Joint Holder. Each joint holder can request an Access to the Internet service on the account of which he/she is a joint holder. All joint holders shall sign their own Internet Agreement and have his/her own identification items. The joint account holder who has requested an access to the service must inform the other joint holder(s) of this Access and shall hold the Bank harmless for any damage resulting from its responsibility being called into question for failing to inform the other joint holder(s).
Joint Holder. In the case of a share held jointly by several persons in certificated form the Company shall not be bound to issue more than one certificate therefor and delivery of a certificate to one of the joint holders shall be sufficient delivery to all.
Joint Holder. In the event that a person becomes a joint holder of the Representative’s Business, that person must execute an agreement with RI Advice Group in the form of this Agreement, unless that person and all the persons then holding the Representative’s Business agree to enter into RI Advice Group’s most up-to-date form of this Agreement.