Common use of Responsible Individual Clause in Contracts

Responsible Individual. If your beneficiary designation is per stirpes, you understand that if your beneficiary(ies) dies before you, the beneficiary’s share of the account will pass to his or her respective heirs. In the field below, please provide the name of the individual responsible for advising Pershing LLC on any questions relating to per stirpes. Responsible Individual You understand that the per stirpes instructions given to Pershing LLC by the responsible individual named above shall be binding on all beneficiaries of this account and of your estate and may be relied on by Pershing LLC. Pershing LLC shall not be liable for any payment made at the direction of this individual. If you do not name a responsible individual or the individual you named is unwilling or unable to advise Pershing on questions regarding per stirpes, then you understand that Pershing will rely on instructions from the executor of your estate regarding any per stirpes designation.

Appears in 10 contracts

Sources: Transfer on Death Account Agreement, Transfer on Death Account Agreement, Transfer on Death Account Agreement

Responsible Individual. If your beneficiary designation is per stirpes, you understand that if your beneficiary(ies) dies before you, the beneficiary’s share of the account will pass to his or her respective heirs. In the field below, please provide the name of the individual responsible for advising Pershing LLC on any questions relating to per stirpes. Responsible Individual You understand that the per stirpes instructions given to Pershing LLC by the responsible individual named above shall be binding on all beneficiaries of this account and of your estate and may be relied on by Pershing LLC. Pershing LLC shall not be liable for any payment made at the direction of this individual. If you do not name a responsible individual or the individual you named is unwilling or unable to advise Pershing on questions regarding per stirpes, then you understand that Pershing ▇▇▇▇▇▇▇▇ will rely on instructions from the executor of your estate regarding any per stirpes designation.

Appears in 5 contracts

Sources: Transfer on Death Account Agreement, Transfer on Death Account Agreement, Joint Transfer on Death Account Agreement

Responsible Individual. r If your beneficiary designation is per stirpes, you understand that if your beneficiary(ies) dies before you, the beneficiary’s share of the account will pass to his or her respective heirs. In the field below, please provide the name of the individual responsible for advising Pershing LLC on any questions relating to per stirpes. Responsible Individual You understand that the per stirpes instructions given to Pershing LLC by the responsible individual named above shall be binding on all beneficiaries of this account and of your estate and may be relied on by Pershing LLC. Pershing LLC shall not be liable for any payment made at the direction of this individual. If you do not name a responsible individual or the individual you named is unwilling or unable to advise Pershing on questions regarding per stirpes, then you understand that Pershing will rely on instructions from the executor of your estate regarding any per stirpes designation.

Appears in 2 contracts

Sources: Joint Transfer on Death Account Agreement, Joint Transfer on Death Account Agreement

Responsible Individual. If your beneficiary beneficiary designation is per stirpes, you understand that if your beneficiary(iesbeneficiary(ies) dies before you, the beneficiarybeneficiary’s share of the account will pass to his or her respective heirs. In the field field below, please provide the name of the individual responsible for advising Pershing LLC on any questions relating to per stirpes. Responsible Individual You understand that the per stirpes instructions given to Pershing LLC by the responsible individual named above shall be binding on all beneficiaries beneficiaries of this account and of your estate and may be relied on by Pershing LLC. Pershing LLC shall not be liable for any payment made at the direction of this individual. If you do not name a responsible individual or the individual you named is unwilling or unable to advise Pershing on questions regarding per stirpes, then you understand that Pershing will rely on instructions from the executor of your estate regarding any per stirpes designation.

Appears in 1 contract

Sources: Joint Transfer on Death Account Agreement

Responsible Individual. If your beneficiary beneficiary designation is per stirpes, you understand that if your beneficiary(iesbeneficiary(ies) dies before you, the beneficiarybeneficiary’s share of the account will pass to his or her respective heirs. In the field field below, please provide the name of the individual responsible for advising Pershing LLC on any questions relating to per stirpes. Responsible Individual You understand that the per stirpes instructions given to Pershing LLC by the responsible individual named above shall be binding on all beneficiaries beneficiaries of this account and of your estate and may be relied on by Pershing LLC. Pershing LLC shall not be liable for any payment made at the direction of this individual. If you do not name a responsible individual or the individual you named is unwilling or unable to advise Pershing on questions regarding per stirpes, then you understand that Pershing ▇▇▇▇▇▇▇▇ will rely on instructions from the executor of your estate regarding any per stirpes designation.

Appears in 1 contract

Sources: Individual Transfer on Death Account Agreement

Responsible Individual. If your beneficiary designation is per stirpes, you understand that if your beneficiary(ies) dies before you, the beneficiary’s share of the account will pass to his or her respective heirs. In the field below, please provide the name of the individual responsible for advising Pershing LLC on any questions relating to per stirpes. Responsible Individual You understand that the per stirpes instructions given to Pershing LLC by the responsible individual named above shall be binding on all beneficiaries of this account and of your estate and may be relied on by Pershing LLC. Pershing LLC shall not be liable for any payment made at the direction of this individual. If you do not name a responsible individual or the individual you named is unwilling or unable to advise BNY Pershing on questions regarding per stirpes, then you understand that BNY Pershing will rely on instructions from the executor of your estate regarding any per stirpes designation.

Appears in 1 contract

Sources: Joint Transfer on Death Account Agreement