Common use of Additional Joint Accounts Clause in Contracts

Additional Joint Accounts. Any Joint Owner (for purposes of this paragraph, the “Primary Joint Owner”) may open a new Joint Account with another Joint Owner (for purposes of this paragraph, the “Secondary Joint Owner”) with whom the Primary Joint Owner already owns an existing Joint Account (as of the date of such new Joint Account opening). The Primary Joint Owner is specifically permitted to open the new Joint Account on behalf of the Secondary Joint Owner, without their direct involvement. All Joint Owners acknowledge and agree that this is permissible under this Agreement, and they specifically agree that a Primary Joint Owner may perform all acts necessary for Joint Account opening, including consenting to receipt of all Account information, notices, and legal disclosures electronically, on behalf of the Secondary Joint Owner.

Additional Joint Accounts. Any Joint Owner (for purposes of this paragraph, the “Primary Joint Owner”) may open a new Joint Account with another Joint Owner (for purposes of this paragraph, the “Secondary Joint Owner”) with whom the Primary Joint Owner already owns an existing Joint Account (as of the date of such new Joint Account opening). The Primary Joint Owner is specifically permitted to open the new Joint Account on behalf of the Secondary Joint Owner, without their direct involvement. All Joint Owners acknowledge and agree that this is permissible under this Agreement, and they specifically agree that a Primary Joint Owner may perform all acts necessary for Joint Account opening, including consenting to receipt of all Account information, noticescorrespondence, and legal disclosures electronically, on behalf of the Secondary Joint Owner.