Common use of Multiple Account Holders Clause in Contracts

Multiple Account Holders. 9.1. If an Account is jointly held by more than one person, each person individually shall have the authority: (i) to trade for the Account in accordance with the Client Agreement; (ii) to receive all correspondence and documents in respect of the Account; (iii) to receive or withdraw money from the Account; (iv) to execute agreements relating to the Account; and (v) to deal with the Company on an individual basis with respect to all aspects pertaining to the Account. Without prejudice to any other provision of this Agreement, we shall be entitled (but under no circumstances be obliged), however, at our sole discretion, to require joint action by all Account holders in certain Account matters, without being obliged to provide any explanation or justification.

Multiple Account Holders. 9.1. If an Account is jointly held by more than one person, each person individually shall have the authority: (i) to trade for the Account in accordance with the Client Agreement; (ii) to receive all correspondence and documents in respect of the Account; (iii) to receive or withdraw money from the Account; (iv) to execute agreements relating to the Account; and (v) to deal with the Company on an individual basis with respect to all aspects pertaining to the Account. Without prejudice to any other provision of this Agreement, we shall be entitled (but under no circumstances be obliged), however, at our sole discretion, to require joint action by all Account holders in certain Account matters, without being obliged to provide any explanation or justificationjustification.