Common use of Death of an account holder Clause in Contracts

Death of an account holder. 8.1 If the account is in your sole name and you die, your personal representatives will have the option of keeping your account open until the end of the Deposit Term, or withdrawing your deposit plus any interest earned up to the date of closure of your account without charge. 8.2 If your account is in joint names and one of you dies, the account will continue in the name of the surviving account holder(s) until the end of the Deposit Term.

Appears in 8 contracts

Samples: Banking Relationship Agreement, Banking Relationship Agreement, Banking Relationship Agreement

AutoNDA by SimpleDocs

Death of an account holder. 8.1 7.1 If the account is in your sole name and you die, your personal representatives will have the option of keeping your account open until the end of the Deposit Termdeposit term, or withdrawing your deposit plus any interest earned up to the date of closure of your account without charge. 8.2 7.2 If your account is in joint names and one of you dies, the account will continue in the name of the surviving account holder(s) until the end of the Deposit Termdeposit term.

Appears in 8 contracts

Samples: Banking Relationship Agreement, Banking Relationship Agreement, Banking Relationship Agreement

AutoNDA by SimpleDocs

Death of an account holder. 8.1 If the account is in your sole name and you die, your personal representatives will have the option of keeping your account open until the end of the Deposit Term, or withdrawing your deposit plus any interest earned up to the date of closure of your account without charge. 8.2 If your account is in joint names and one of you dies, the account will continue in the name of the surviving account holder(s) until the end of the Deposit Term.

Appears in 4 contracts

Samples: Banking Relationship Agreement, Banking Relationship Agreement, Banking Relationship Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!