Common use of Multiple Signers Clause in Contracts

Multiple Signers. If we establish an account that purports to require two (2) or more signatures on any items drawn on the account, you acknowledge that such provision is solely for your personal or internal purposes and shall not be binding on us. Checks or other debits purporting to require more than one (1) signature shall not be binding on us. When an account is held in the name of two (2) or more persons as agents, trustees, personal representatives or other fiduciary capacity, each authorizes the other to draw items, make withdrawals and otherwise act on the account independently.

Multiple Signers. If we establish an account that purports to require two (2) or more signatures moresignatures on any items drawn on the itemsdrawnonthe account, you acknowledge that youacknowledgethat such provision is solely for your personal or internal control purposes and shall not be binding on us. Checks or other debits purporting to require more than one (1) signature shall not be binding on us. When an account is held in the name of two (2two(2) or more persons as morepersonsas agents, trustees, personal representatives or other representativesorother fiduciary capacity, each authorizes the other theother to draw itemsdrawitems, make withdrawals makewithdrawals and otherwise act on the account independently.

Multiple Signers. If we establish an account that purports to require two (2) or more signatures on any items drawn on the account, you acknowledge that such provision is solely for your personal or internal control purposes and shall not be binding on us. Checks or other debits purporting to require more than one (1) signature shall not be binding on us. When an account is held in the name of two (2) or more persons as agents, trustees, personal representatives or other fiduciary capacity, each authorizes the other to draw items, make withdrawals and otherwise act on the account independently.