Common use of Paper Records Clause in Contracts

Paper Records. (i) If your record keeping option for the Account is paper (Statements), the first co-owner entered in our records will be the Primary Owner of the Account (ii) If you have chosen paper Account Statements and Notifications as your record keeping option, we will mail one copy of the paper Statements and Notifications to the mailing address of the Primary Owner of the Account, unless you have given us other instructions. (iii) Any co-owner who receives the paper Statements and Notifications for the Account is charged with the duty of making copies available to the other co-owners; (iv) If any co-owner changes the mailing address of the Account to that of another co-owner, they are bound to notify their co-owners of the change. (v) Any delivery of paper Statements or Notifications made to the last address designated to receive paper Statements and Notifications for the Account is considered a delivery to each co- owner. It is the duty of each co-owner to keep the mailing address of the Account current.

Paper Records. (i) If your record keeping option for the Account is paper (Statements), the first co-owner entered in our records will be the Primary Owner of the Account (ii) If you have chosen paper Account Statements and Notifications as your record keeping option, we will mail one copy of the paper Statements and Notifications to the mailing address of the Primary Owner of the Account, unless you have given us other instructions. (iii) Any co-owner who receives the paper Statements and Notifications for the Account is charged with the duty of making copies available to the other co-co- owners; (iv) If any co-owner changes the mailing address of the Account to that of another co-owner, they are bound to notify their co-owners of the change. (v) Any delivery of paper Statements or Notifications made to the last address designated to receive paper Statements and Notifications for the Account is considered a delivery to each co- co-owner. It is the duty of each co-owner to keep the mailing address of the Account current.