Common use of Account Owner’s Representations Clause in Contracts

Account Owner’s Representations. Account Owner represents and warrants that any information given or any information that will be given in the future with respect to this IRA Account is complete and accurate. Account Owner also agrees that any directions Account Owner or Account Owner’s authorized agent give to the Custodian, or any actions Account Owner or Account Owner’s authorized agent take will be proper under this Agreement and that the Custodian is entitled to rely upon any such information or directions. The Custodian shall not be responsible for losses of any kind that may result from such directions to the Custodian or from the Account Owner’s actions, or the Account Owner’s authorized agent’s actions, or failures to act of both. Account Owner agrees to reimburse the Custodian for any losses the Custodian may incur as a result of such directions, actions or failures to act.

Account Owner’s Representations. Account Owner represents and warrants that any information given or any information that will be given in the future with respect to this IRA Account account is complete and accurate. Account Owner also agrees that any directions Account Owner or Account Owner’s authorized agent give to the Custodiancustodian, or any actions Account Owner or Account Owner’s authorized agent take will be proper under this Agreement and that the Custodian is entitled to rely upon any such information or directions. The Custodian shall not be responsible for losses of any kind that may result from such directions to the Custodian or from the Account Owner’s actions, or the Account Owner’s authorized agent’s actions, or failures to act of both. Account Owner agrees to reimburse the Custodian for any losses the Custodian may incur as a result of such directions, actions or failures to act.