Account Establishment. Where an Account is established in a joint name, partnership, investment club, or other similar arrangement where the Account is in the name of more than a single person, each account holder shall be jointly liable to Hubwise. Where an Account is established in the name of a trust, each trustee shall be deemed to be jointly and severally liable to Hubwise as its client. Where an Account is established through a financial intermediary other than SCM, the financial intermediary, and not the underlying beneficiary, shall be deemed to be Hubwise’s client, and shall be liable for the Accounts held by Hubwise.
Appears in 4 contracts
Samples: Terms and Conditions, Terms and Conditions, Terms and Conditions
