Examples of Joint Customer in a sentence
Unless we receive written instructions specifically to the contrary, we shall be entitled to act in accordance with the instructions of any one Joint Customer (and do not require instructions from all Joint Customers before acting upon them).
Being jointly and severally liable means that if one Joint Customer does not pay the fees and charges charged in connection with the joint account, the other Joint Customer(s) would be responsible for paying those fees and charges.
Where your Account is held as joint tenants with another Joint Customer, the remaining Joint Customer(s) will assume full entitlement to your Account.
Where a Joint Customer gives us an instruction (in writing or otherwise) in respect of a joint account, we are authorised to treat the instruction as being a valid and binding instruction from and on behalf of all Joint Customers named on that account.
In the event that a Joint Customer does not pay InterPayments Fees due on or before the due date, InterPayments will notify Affiliate Partner in writing (email acceptable) of the default and, upon the written request by InterPayments, Affiliate Partner will use all commercially reasonable efforts to collect past due amounts on behalf of InterPayments and if any such amounts are collected by Affiliate Partner, Affiliate Partner will remit collected funds to InterPayments with five (5) business days.