Common use of Joint Accounts Clause in Contracts

Joint Accounts. If the New Account Application indicates that the Account shall consist of more than one person, the Customer's obligations under this Agreement shall be joint and several. References to the "Customer" shall include each of the customers identified on the New Account Application. You may rely on transfer or other instructions from any one of the Customers in a joint account, and such instructions shall be binding on each of the Customers. You may deliver securities or other property to, and send confirmations; notices, statements and communications of every kind, to any one of the Customers, and such action shall be binding on each of the Customers. Notwithstanding the foregoing, you are authorized in your discretion to require joint action by the joint tenants with respect to any matter concerning the joint account, including but not limited to the giving or cancellation of orders and the withdrawal of money or securities. In the case of Tenants by the Entirety accounts, joint action will be required for all matters concerning the joint account. Tenants by Entirety is not recognized in certain jurisdictions, and, where not expressly allowed, will not be a permitted designation of the account.

Appears in 40 contracts

Samples: Customer Account Agreement, Customer Account Agreement, Electronic Agreement and Disclosure

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Joint Accounts. If the New Account Application indicates that the Account shall consist of more than one person, the Customer's obligations under this Agreement shall be joint and severalseveral among them all. References to the "Customer" shall include each of the customers identified on the New Account Application. You Apex may rely on transfer or other instructions from Advisor or any one of the Customers in a joint account, and such instructions shall be binding on each of the CustomersCustomer. You Apex may deliver securities or other property toAssets, and send confirmations; , notices, statements and communications of every kind, kind to any one of the Customers, and such action shall be binding on each of the CustomersCustomer. Notwithstanding the foregoing, you are Apex is authorized in your its sole discretion to require joint action by the joint tenants some or all Customers with respect to any matter concerning the joint account, including but not limited to the giving or cancellation of orders and the withdrawal of money or securities. In the case of Tenants by the Entirety accounts, joint action will be required for all matters concerning the joint account. Tenants by Entirety is accounts are not recognized in certain jurisdictions, and, where not expressly allowed, will not be a permitted designation of the account.

Appears in 8 contracts

Samples: Customer Account Agreement and Advisor Authorization, Customer Account Agreement and Advisor Authorization, Customer Account Agreement and Advisor Authorization

Joint Accounts. If the New Account Application indicates that the Account shall consist of more than one person, the Customer's obligations under this Agreement shall be joint and several. References to the "Customer" shall include each of the customers identified on the New Account Application. You may rely on transfer or other instructions from any one of the Customers in a joint account, and such instructions shall be binding on each of the Customers. You may deliver securities or other property to, and send confirmations; notices, statements and communications of every kind, to any one of the Customers, and such action shall be binding on each of the Customers. Notwithstanding the foregoing, you are authorized in your discretion to require joint action by the joint tenants with respect to any matter concerning the joint account, including but not limited to the giving or cancellation of orders and the withdrawal of money or securities. In the case of Tenants by the Entirety accounts, joint action will be required for all matters concerning the joint account. Tenants by the Entirety is not recognized in certain jurisdictions, and, where not expressly allowed, will not be a permitted designation of the accountAccount.

Appears in 2 contracts

Samples: Electronic Agreement and Disclosure, Electronic Agreement and Disclosure

Joint Accounts. If the New Account Application indicates that the Account shall consist of more than one person, the Customer's obligations under this Agreement shall be joint and several. References to the "Customer" shall include each of the customers identified on the New Account Application. You Apex may rely on transfer or other instructions from any one of the Customers in a joint account, and such instructions shall be binding on each of the Customers. You Apex may deliver securities or other property to, and send confirmations; notices, statements and communications of every kind, to any one of the Customers, and such action shall be binding on each of the Customers. Notwithstanding the foregoing, you are Apex is authorized in your its discretion to require joint action by the joint tenants with respect to any matter concerning the joint account, including but not limited to the giving or cancellation of orders and the withdrawal of money or securities. In the case of Tenants by the Entirety accounts, joint action will be required for all matters concerning the joint account. Tenants by Entirety is not recognized in certain jurisdictions, and, where not expressly allowed, will not be a permitted designation of the account.

Appears in 1 contract

Samples: Customer Custodian Account Agreement

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Joint Accounts. If the New Account Application indicates that the Account shall consist of more than one person, the Customer's obligations under this Agreement shall be joint and severalseveral among them all. References to the "Customer" shall include each of the customers identified on the New Account Application. You Apex may rely on transfer or other instructions from Advisor or any one of the Customers in a joint account, and such instructions shall be binding on each of the CustomersCustomer. You Apex may deliver securities or other property toAssets, and send confirmations; , notices, statements statements, and communications of every kind, kind to any one of the Customers, and such action shall be binding on each of the CustomersCustomer. Notwithstanding the foregoing, you are Apex is authorized in your its sole discretion to require joint action by the joint tenants some or all Customers with respect to any matter concerning the joint account, including but not limited to the giving or cancellation of orders and the withdrawal of money or securities. In the case of Tenants by the Entirety accounts, joint action will be required for all matters concerning the joint account. Tenants by Entirety is accounts are not recognized in certain jurisdictions, and, where not expressly allowed, will not be a permitted designation of the account.

Appears in 1 contract

Samples: Ach Agreement

Joint Accounts. If the New Account Application indicates that the Account shall consist of more than one person, the Customer's ’s obligations under this Agreement shall be joint and severalseveral among them all. References to the "Customer" shall include each of the customers identified on the New Account Application. You Apex may rely on transfer or other instructions from Advisor or any one of the Customers in a joint account, and such instructions shall be binding on each of the CustomersCustomer. You Apex may deliver securities or other property toAssets, and send confirmations; , notices, statements and communications of every kind, kind to any one of the Customers, and such action shall be binding on each of the CustomersCustomer. Notwithstanding the foregoing, you are Apex is authorized in your its sole discretion to require joint action by the joint tenants some or all Customers with respect to any matter concerning the joint account, including but not limited to the giving or cancellation of orders and the withdrawal of money or securities. In the case of Tenants by the Entirety accounts, joint action will be required for all matters concerning the joint account. Tenants by Entirety is accounts are not recognized in certain jurisdictions, and, where not expressly allowed, will not be a permitted designation of the account.

Appears in 1 contract

Samples: Customer Account Agreement

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