Common use of Multiple Party Accounts Clause in Contracts

Multiple Party Accounts. Any or all owners can make deposits or withdrawals regardless of contributions. Each owner guarantees the signature of all other owners; and appoints all other owners as agents. We may accept orders, instructions, and requests for future services from any account owner, which shall be binding on all owners. Any individual account owner may withdraw funds or stop payment of Items/Transactions (regardless of who ordered the payment). We have no obligation to

Appears in 2 contracts

Sources: Membership Account Agreement, Membership Account Agreement

Multiple Party Accounts. Any or all owners can make deposits or withdrawals regardless of contributions. Each owner guarantees the signature of all other owners; and appoints all other owners as agents. We may accept orders, instructions, and requests for future services from any account owner, which shall be binding on all owners. Any individual account owner may withdraw funds or funds, stop payment of Items/Transactions (regardless of who ordered the payment). We have no obligation to, transfer or pledge to us all or any part of the shares in any account, and block, terminate or discontinue or

Appears in 1 contract

Sources: Membership Agreement