Death of Account Holder. For security reasons, if we receive legal documentation confirming your death or other information leading us to believe you have died, we will freeze your Coinbase Account and during this time, no transactions may be completed until: (i) your designated executor / trustee has opened a new Coinbase Account, as further described below, and the entirety of your Coinbase Account has been transferred to such new account, or (ii) we have received proof in a form satisfactory to us that you have not died. If we have reason to believe you may have died but we do not have proof of your death in a form satisfactory to us, you authorize us to make inquiries, whether directly or through third parties, that we consider necessary to ascertain whether you have died. Upon receipt by us of proof satisfactory to us that you have died, the executor / trustee you have designated in a valid Will or similar testamentary document will be required to open a new Coinbase Account. If you have not designated an executor / trustee, then we reserve the right to (i) treat as your executor / trustee any person entitled to inherit your Coinbase Account, as determined by us upon receipt and review of the documentation we, in our sole and absolute discretion, deem necessary or appropriate, including (but not limited to) a Will or similar document, or (ii) require an order designating an executor / trustee from a court having competent jurisdiction over your estate. In the event we determine, in our sole and absolute discretion, that there is uncertainty regarding the validity of the executor / trustee designation, we reserve the right to require an order resolving such issue from a court of competent jurisdiction before taking any action relating to your Coinbase Account. Pursuant to the above, the opening of a new Coinbase Account by a designated executor / trustee is mandatory following the death of a Coinbase Account owner, and you hereby agree that your executor / trustee will be required to open a new Coinbase Account and provide the information required under Section 3 of this Agreement in order to gain access to the contents of your Coinbase Account.
Death of Account Holder. (applies to Provinces & Territories except Quebec). The holder named in the attached application (in this section 15, the “Initial Account Holder”) may appoint his or her spouse or common-law partner as a Successor Account Holder of the trust constituted pursuant to this Trust Agreement and the Account Holder (in this section 15, the “Successor Account Holder”) in the event of the death of the Initial Account Holder. Such appointment shall be made using a form provided by the Agent, and shall be effective on the death of the Initial Account Holder provided the individual who is appointed is the Initial Account Xxxxxx’s survivor. A Successor Account Holder shall, at and after the death of the Initial Account Holder, have all of the Initial Account Xxxxxx’s rights as the holder of the Account, provided the individual so appointed is the Initial Account Xxxxxx’s survivor. The Account Holder may change or revoke such an appointment. The rights acquired by the individual so appointed include the unconditional right, at and after the death of the Account Holder, to revoke any beneficiary designation made (or similar direction imposed) by the Account Holder under the paragraph below or relating to the property held in connection with the Account. The Account Holder may designate (and may add, change or delete) a beneficiary or beneficiaries of the Account in accordance with, and in the form and manner provided by, applicable law. A beneficiary so designated may be or include the Account Holder’s spouse or common-law partner. After the death of the Account Holder, the Trustee will distribute the property of the Account in accordance with applicable law to any beneficiaries of the Account so designated (except that, if the Account Holder’s survivor is appointed under the paragraph above, the provision of the paragraph above will take precedence). Where no beneficiary has been so designated or the Trustee has not been notified of any beneficiary in accordance with applicable law, the Trustee will distribute the property of the Account to the legal personal representative(s) of the Account Holder. Where the Trustee, after making reasonable requests for instructions from the Account Holder’s spouse or common-law partner or the beneficiary or beneficiaries or the legal personal representative(s), does not receive satisfactory instructions (as required under section 22 hereto) within a reasonable time, the Trustee may in its discretion distribute the Account to the spou...
Death of Account Holder. We may continue to honor all transfer orders, withdrawals, deposits, and other transactions on an account until we know of an owner's death. Once we know of an owner's death, we may pay checks or drafts or honor other payments or transfer orders authorized by the deceased owner for a period of ten (10) days after that date unless we receive instructions from any person claiming an interest in the account to stop payment on the checks, drafts, or other items. We may require anyone claiming funds from an account of a deceased owner to indemnify us for any losses resulting from our honoring that claim. This Agreement will be binding upon any heirs or legal representatives of any account owner.
Death of Account Holder a. Please note that We are unable to accept instructions following the death of an account holder until We are in receipt of a sealed copy of grant of probate. We will inform the executors of the value of the investment at the date of death.
b. In the event of the death of one party of a joint account or a trustee you are required to inform Us immediately and to complete a new account opening form.
Death of Account Holder. For security reasons, if we receive legal documentation confirming your death or other information leading us to believe you have died, we will freeze your Account and during this time, no transactions may be completed until: (i) your designated fiduciary has
Death of Account Holder. If the Client dies or becomes subject to a legal disability, only the survivor (in the case of joint Clients) or legal personal representative in the case of a sole Client, will be recognised as having any claim to the beneficial interest of the Client’s Account.
Death of Account Holder. In the event of death of an Account Holder, credit balances will only be released and / or withdrawal allowed against a valid succession certificate, letter of administration or probate from a Court of competent jurisdiction. In case of death of an Account Holder of a Joint Account, unless a duly executed specific mandate is given for the operation of the Account by the deceased partner, Ajman Bank will allow operation or withdrawal only against succession certificate, letter of administration or probate. Provided, however, Ajman Bank shall not be liable for any actual loss or damage and / or charges that may arise as a result of Ajman Bank acting in relation to the Account prior to the date on which the notice of the Account Holder’s death is received by Ajman Bank in writing.
Death of Account Holder. In the event of your death, in respect of any of your Accounts that is not a joint Account, Queensbury will require, before accepting instructions in respect of such Account(s), such documentation as it considers necessary to enable it to lawfully accept instructions from the person purporting to represent you or your estate after your death. Such documentation includes, but is not limited to, a certified copy of the death certificate, a letter of direction and notarized copy of any of the Grant of Probate, Letters of Administration or Certificate of Appointment of Estate Trustee, or their functional equivalents. Queensbury will not be liable for any loss that may result from its refusal to accept instructions in accordance with this provision.
Death of Account Holder. Each Account Xxxxxx agrees to notify us immediately upon the death of any other Account Holder. Logix will not release any funds until we receive a certified copy of a death certificate verifying the death of the member. Upon certification of the death of an Account Holder, no deposits will be accepted to the account, no checks will be paid on the account and the account will not be released until we have been presented with satisfactory documentation to determine, in our discretion, what the proper distribution of the account should be and we have had a reasonable opportunity to act on such information. Loans may become due and payable. Logix Federal Credit Union may accept an original handwritten signature, an electronically-captured handwritten signature using a Logix signature pad or other Logix approved device, or a DocuSign electronic signature executed by you (your “signature”) on its applications, agreements, disclosures, and forms, and any such accepted signature shall be legally binding. Any electronically-captured handwritten signature or electronic signature submitted to us may be accepted by us solely at our discretion and only if Logix-approved hardware, software, and secure delivery systems were used. Logix reserves the right to refuse and reject any signature received by or through any means. Your Username, Password, Personal Identification Number (PIN), facsimile or mechanical signature, and/or recorded verbal authorization shall have the same force, legal effect, validity, and enforcement as your signature. Logix may rely upon any signature on the New Account Application in the payment of funds and in all other transactions and instructions in connection with an account. All Account Owners agree to sign an updated New Account Application upon request. The number of required signatures on a check or other withdrawal shall be no more than one (1), regardless of any separate agreement between the Account Owners, any contrary notation on the New Account Application, or any other reason. Logix does not accept accounts which require the signature of more than one Account Owner on checks or withdrawals or other instructions. Each Account Owner shall have equal access to the account, regardless of their net contributions. If, upon our approval, you use any form of facsimile or mechanical signature in connection with your Logix account(s), you agree to notify and deliver a sample to us before you begin using it, and to execute and deliver agreemen...
Death of Account Holder. If we have reason to suspect your death, we will freeze your account, and no transactions may be completed until we ascertain the fact of your death. You authorize us to make inquiries, whether directly or through third parties, that we consider necessary to ascertain this information and if applicable, your designated beneficiary. If we receive confirmation of your death and information on your designated beneficiary in a form satisfactory to us, we will work with your designated beneficiary in taking appropriate action to transfer the account.
