Joint Holder definition
Examples of Joint Holder in a sentence
If the Bank receives contradictory Instructions from the said lawfully appointed representative of the mentally incapacitated Wealth Account Joint Holder(s) and/or the other Wealth Account Joint Holder(s), the Bank may choose to act only on the mandate of both the other Wealth Account Joint Holder(s) and the lawfully appointed representative of the mentally incapacitated Wealth Account Joint Holder.
Any such conversion of a Joint Agreement into an individual agreement or the withdrawal of a Joint Holder from the Joint Agreement shall result in the deactivation of the products and services which are not provided by the Bank as joint products or services, with the exception of cases where they may be provided under a separate agreement between the Joint Holder and the Bank.
A joint statement of all the Joint Holders is required for the conversion of the Joint Agreement into an individual agreement or for the withdrawal of a Joint Holder from the Joint Agreement.
The Bank shall be authorized to direct correspondence (including Account statements and amendments to the Terms and Conditions and to the Table of Fees and Charges) and make declarations of intent to the Joint Holder designated as Client 1.
Each Joint Holder shall have separate and independent access to the Bank’s Branch Offices, Citibank Online electronic banking service and CitiPhone phone banking service, as well as toany other communication channels with theBank specified intheTerms and Conditions.