Joint Tenants with Rights of Survivorship Sample Clauses

Joint Tenants with Rights of Survivorship. In this instance, it is the express intention of the (joint) 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 one 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 liabilities that are provided for hereinafter;
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Joint Tenants with Rights of Survivorship. In the event of the death of either or any of the undersigned, the entire interest in the joint account shall be vested in the survivor(s) on the same terms and conditions as heretofore held, without in any manner releasing the decedent’s estate from liability as provided below. Tenants in Common. 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 the decedent (or on the next following business day if the date of death is not a business day) shall be as specified below. Name of Tenant % Interest in Account The following additional terms and conditions shall apply to a joint account: (a) each of the undersigned shall have the authority on behalf of all of the undersigned and without notice to any other of the undersigned to purchase, sell, or otherwise effect transactions in commodity interests in the Account; to receive confirmations, reports, notices, and any other communications; to receive and dispose of any securities and other property; to make and terminate agreements relating to these matters and to waive or modify provisions thereof; and to deal with Xxxxxx as if such party is the sole party having any interest in the Account; (b) Xxxxxx is authorized, empowered and directed to follow the instructions of any of the undersigned concerning the Account and pay money and deliver property in the Account upon the instructions of any of the undersigned without inquiring into the purpose of any such payments or delivery and without being bound to see to the application or disposition of any such money and/or property delivered; (c) the liability of each of the undersigned to Xxxxxx with respect to the Account shall be joint and several; (d) in the event of the death of any of the undersigned, the survivors shall immediately give written notice to Xxxxxx, and the estate of any of the undersigned who had died and each survivor shall be jointly and severally liable to Xxxxxx for any debt or loss in the account resulting from completing transactions initialed prior to Xxxxxx’x receipt of the written notice of such death, from liquidating the Account or from adjusting the interests of the parties. Any taxes or other expenses chargeable against the account as a result of such death shall also be chargeable against the survivors; provided, however, that this provision shall not release the decedent’s estate from any liability provided for in this Agreement. In additio...
Joint Tenants with Rights of Survivorship. We are joint owners with right of survivorship, so that in case of the death of any of us, the entire account shall become the property of the survivor or survivors.

Related to Joint Tenants with Rights of Survivorship

  • Rights of Survivorship Unless otherwise stated on the Account Card or documented through the Credit Union’s online application and authentication process, a joint account includes rights of survivorship. This means that when one (1) owner dies, all sums in the account will pass to the surviving owner(s). For a joint account without rights of survivorship, the deceased owner’s interest passes to his or her estate. A surviving owner’s interest is subject to the Credit Union’s statutory lien for the deceased owner’s obligations and to any security interest or pledge granted by a deceased owner, even if a surviving owner did not consent to it.

  • Survivorship The respective rights and obligations of the parties hereunder shall survive any termination of this Agreement to the extent necessary to the intended preservation of such rights and obligations.

  • NO RIGHT OF SURVIVORSHIP NON-TRANSFERABILITY You acknowledge, understand and agree that your account is non-transferable and any rights to your ID and/or contents within your account shall terminate upon your death. Upon receipt of a copy of a death certificate, your account may be terminated and all contents therein permanently deleted.

  • Rights of Limited Partners Except as otherwise provided in this Agreement, each Limited Partner shall look solely to the assets of the Partnership for the return of its Capital Contributions and shall have no right or power to demand or receive property other than cash from the Partnership. Except as otherwise provided in this Agreement, no Limited Partner shall have priority over any other Partner as to the return of its Capital Contributions, distributions, or allocations.

  • Access to Property, Property’s Management, Property Lender, and Property Tenants Potential Investor agrees to not seek to gain access to any non-public areas of the Property or communicate with Property’s management employees, the holder of any financing encumbering the Property, the Property’s tenants, and the Owner’s partners in the ownership of the Property, without the prior consent of Owner or HFF, which consent may be withheld in the Owner’s sole discretion.

  • Program Interactions with Other HFA Programs Other HFA program benefits may be available to the homeowner provided the HHF program maximum benefit cap of $100,000 has not been exceeded, and program funds are available. The homeowner is required to apply separately for each HFA program.

  • RIGHT OF ALLOTTEE TO USE COMMON AREAS AND FACILITIES SUBJECT TO PAYMENT OF TOTAL MAINTENANCE CHARGES The Allottee hereby agrees to purchase the [Apartment/Plot] on the specific understanding that is/her right to the use of Common Areas shall be subject to timely payment of total maintenance charges, as determined and thereafter billed by the maintenance agency appointed or the association of allottees (or the maintenance agency appointed by it) and performance by the Allottee of all his/her obligations in respect of the terms and conditions specified by the maintenance agency or the association of allottees from time to time.

  • Damage to State Property A. In the event of loss, destruction, or damage to any System Agency or State of Texas owned, leased, or occupied property or equipment by Grantee or Grantee’s employees, agents, Subcontractors, or suppliers, Grantee shall be liable to System Agency and the State of Texas for the full cost of repair, reconstruction, or replacement of the lost, destroyed, or damaged property.

  • Duty to Protect Property The Contractor shall continuously maintain adequate protection of the Work from damage and shall protect all other property on the Site from damage, injury, or loss regardless of who may be the owner of said property. He shall make good any such damage, injury, or loss.

  • Damage to Property of Others We will pay, at replacement cost, up to $500 per "occurrence" for "property damage" to property of others caused by an "insured." We will not pay for "property damage":

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