Common use of Event of Death Clause in Contracts

Event of Death. It is further agreed that in the event of My death or the death of one of the joint account holders, the representative of My estate or the survivor or survivors shall immediately give You written notice thereof, and You may, before or after receiving such notice, take such proceedings, require such papers and inheritance or estate tax waivers, retain such portion of and/or restrict transactions in the account as You may deem advisable to protect You against any tax, liability, penalty or loss under any present or future laws or otherwise. Notwithstanding the above, in the event of My death or the death of one of the joint Account Holders, all open orders shall be canceled, but You shall not be responsible for any action taken on such orders prior to the actual receipt of notice of death. Further, You may in your discretion close out any or all of My accounts without awaiting the appointment of a personal representative for My estate and without demand upon or notice to any such personal representative. The estate of any of the account holders who shall have died shall be liable and each survivor shall continue liable, jointly and severally, to You for any net debit balance or loss in said account in any way resulting from the completion of transactions initiated prior to the receipt by You of the written notice of the death of the decedent or incurred in the liquidation of the account or the adjustment of the interests of the respective parties. Such notice shall not affect Your rights under this Agreement to take any action that You could have taken if I had not died.

Appears in 20 contracts

Samples: Agreement, Customer Agreement, www.yorktrade.com

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Event of Death. It is further agreed that in the event of My death or the death of one of the joint account holders, the representative of My estate or the survivor or survivors shall immediately give You written notice thereof, and You may, before or after receiving such notice, take such proceedings, require such papers and inheritance or estate tax waivers, retain such portion of and/or restrict transactions in the account Account as You may deem advisable to protect You against any tax, liability, penalty or loss under any present or future laws or otherwise. Notwithstanding the above, in the event of My death or the death of one of the joint Account Holdersaccount holders, all open orders shall be canceled, but You shall not be responsible for any action taken on such orders prior to the actual receipt of notice of death. Further, You may in your Your discretion close out any or all of My accounts the Accounts without awaiting the appointment of a personal representative for My estate and without demand upon or notice to any such personal representative. The estate of any of the account holders who shall have died shall be liable and each survivor shall continue to be liable, jointly and severally, to You for any net debit balance or loss in said account in any way resulting from the completion of transactions initiated prior to the receipt by You of the written notice of the death of the decedent or incurred in the liquidation of the account Account or the adjustment of the interests of the respective parties. Such notice shall not affect Your rights under this Agreement to take any action that You could have taken if I had not died.

Appears in 7 contracts

Samples: Alpaca Customer Agreement, Customer Agreement, Alpaca Customer Agreement

Event of Death. It is further agreed that in the event of My death or the death of one of the joint account holders, the representative of My estate or the survivor or survivors shall immediately give You written notice thereof, and You may, before or after receiving such notice, take such proceedings, require such papers and inheritance or estate tax waivers, retain such portion of and/or restrict transactions in the account Account as You may deem advisable to protect You against any tax, liability, penalty or loss under any present or future laws or otherwise. Notwithstanding the above, in the event of My death or the death of one of the joint Account Holdersaccount holders, all open orders shall be canceled, but You shall not be responsible for any action taken on such orders prior to the actual receipt of notice of death. Further, You may may, in your discretion Your discretion, close out any or all of My accounts the Accounts without awaiting the appointment of a personal representative for My estate and without demand upon or notice to any such personal representative. The estate of any of the account holders who shall have died shall be liable liable, and each survivor shall continue to be liable, jointly and severally, to You for any net debit balance or loss in said account in any way resulting from the completion of transactions initiated prior to the receipt by You of the written notice of the death of the decedent or incurred in the liquidation of the account Account or the adjustment of the interests of the respective parties. Such notice shall not affect Your rights under this Agreement to take any action that You could have taken if I had not died.

Appears in 4 contracts

Samples: Alpaca Customer Agreement, Alpaca Customer Agreement, Alpaca Customer Agreement

Event of Death. It is further agreed that in the event of My death or the death of one of the joint account holdersdeath, the representative of My estate or the survivor or survivors shall immediately give You Robinhood written notice thereof, and You Robinhood may, before or after receiving such notice, take such proceedings, require such papers and inheritance or estate tax waivers, retain such portion of and/or of, or restrict transactions in the account Account as You Robinhood may deem advisable to protect You Robinhood against any tax, liability, penalty or loss under any present or future laws or otherwise. Notwithstanding the above, in the event of My death or the death of one of the joint Account Holdersdeath, all open orders shall be canceled, but You Robinhood shall not be responsible for any action taken on such orders prior to the actual receipt of notice of death. Further, You Robinhood may in your Its discretion close out any or all of My accounts the Accounts without awaiting the appointment of a personal representative for My estate and without demand upon or notice to any such personal representative. The estate of any of the account Account holders who shall have died shall be liable and each survivor shall continue to be liable, jointly and severally, to You Robinhood for any net debit balance or loss in said account in any way resulting from the completion of transactions initiated prior to the receipt by You Robinhood of the written notice of the death of the decedent or incurred in the liquidation of the account Account or the adjustment of the interests of the respective parties, and for all other obligations pursuant to this Agreement. Such notice shall not affect Your Robinhood's rights under this Agreement to take any action that You Robinhood could have taken if I had not died.

Appears in 4 contracts

Samples: usermanual.wiki, cdn.robinhood.com, assets.ctfassets.net

Event of Death. It is further agreed that in the event of My my death or the death of one of the joint account holders, the representative of My my estate or the survivor or survivors shall immediately give You written notice thereof, and You may, before or after receiving such notice, take such proceedings, require such papers and inheritance or estate tax waivers, retain such portion of and/or restrict transactions in the account as You may deem advisable to protect You against any tax, liability, penalty or loss under any present or future laws or otherwise. Notwithstanding the above, in the event of My my death or the death of one of the joint Account Holders, all open orders shall be canceled, but You shall not be responsible for any action taken on such orders prior to the actual receipt of notice of death. Further, You may in your discretion close out any or all of My my accounts without awaiting the appointment of a personal representative for My my estate and without demand upon or notice to any such personal representative. The estate of any of the account holders who shall have died shall be liable and each survivor shall continue liable, jointly and severally, to You for any net debit balance or loss in said account in any way resulting from the completion of transactions initiated prior to the receipt by You of the written notice of the death of the decedent or incurred in the liquidation of the account or the adjustment of the interests of the respective parties. Such notice shall not affect Your rights under this Agreement agreement to take any action that You could have taken if I had not died.

Appears in 2 contracts

Samples: speedtrader.com, www.fordhamfinancial.com

Event of Death. It is further agreed that in the event of My death or the death of one of the joint account holders, the representative of My estate or the survivor or survivors shall immediately give You written notice thereof, and You may, before or after receiving such notice, take such proceedings, require such papers and inheritance or estate tax waivers, retain such portion of and/or restrict transactions in the account Account as You may deem advisable to protect You against any tax, liability, penalty or loss under any present or future laws or otherwise. Notwithstanding the above, in the event of My death or the death of one of the joint Account Holdersaccount holders, all open orders shall be canceled, but You shall not be responsible for any action taken on such orders prior to the actual receipt of notice of death. Further, You may in your Your discretion close out any or all of My accounts the Accounts without awaiting the appointment of a personal representative for My estate and without demand upon or notice to any such personal representative. The estate of any of the account holders who shall have died shall be liable and each survivor shall continue to be liable, jointly and severally, to You for any net debit balance or loss in said account in any way resulting from the completion of transactions initiated prior to the receipt by You of the written notice of the death of the decedent or incurred in the liquidation of the account Account or the adjustment of the interests of the respective parties. Such notice shall not affect Your rights under this Agreement to take any action that You could have taken if I had not died.

Appears in 1 contract

Samples: Tradeking Securities Customer Agreement

Event of Death. It is further agreed that in the event of My death or the death of one of the joint account holders, the representative of My estate or the survivor or survivors shall immediately give You written notice thereof, and You may, before or after receiving such notice, take such proceedings, require such papers and inheritance or estate tax waivers, retain such portion of and/or restrict transactions in the account as You may deem advisable to protect You against any tax, liability, penalty or loss under any present or future laws or otherwise. Notwithstanding the above, in the event of My death or the death of one of the joint Account Holders, all open orders shall be canceled, but You shall not be responsible for any action taken on such orders prior to the actual receipt of notice of death. Further, You may in your discretion close out any or all of My accounts without awaiting the appointment of a personal representative for My estate and without demand upon or notice to any such personal representative. The estate of any of the account holders who shall have died shall be liable and each survivor shall continue liable, jointly and severally, to You for any net debit balance or loss in said account in any way resulting from the completion of transactions initiated prior to the receipt by You of the written notice of the death of the decedent or incurred in the liquidation of the account or the adjustment of the interests of the respective parties. Such notice shall not affect affect Your rights under this Agreement to take any action that You could have taken if I had not died.

Appears in 1 contract

Samples: Customer Agreement

Event of Death. It is further agreed I agree that in the event of My my death or the death of one of the any joint account holdersholder(s), the representative of My my estate or the survivor or survivors shall immediately give You you written notice thereof, and You you may, before or after receiving such notice, take such proceedings, require such papers and inheritance or estate tax waivers, retain such portion of and/or restrict transactions in the account Account as You you may deem advisable to protect You you against any tax, liability, penalty or loss under any present or future laws or otherwise. Notwithstanding the above, in the event of My my death or the death of one of the joint Account Holdersaccount holders, all open orders shall be canceled, but You you shall not be responsible for any action taken on such orders prior to the actual receipt of notice of death. Further, You may you may, in your discretion Your discretion, close out any or all of My accounts the Accounts without awaiting the appointment of a personal representative for My estate and without demand upon or notice to any such personal representative. The estate of any of the account holders who shall have died shall be liable liable, and each survivor shall continue to be liable, jointly and severally, to You for any net debit balance or loss in said account in any way resulting from the completion of transactions initiated prior to the receipt by You of the written notice of the death of the decedent or incurred in the liquidation of the account Account or the adjustment of the interests of the respective parties. Such notice shall not affect Your rights under this Agreement to take any action that You could have taken if I had not died.

Appears in 1 contract

Samples: Alpaca Crypto Customer Agreement

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Event of Death. It is further agreed that in the event of My Your death or the death of one of the joint account holders, the representative of My Your estate or the survivor or survivors shall immediately give You Axos Clearing written notice thereof, and You Axos Clearing may, before or after receiving such notice, take such proceedings, require such papers and inheritance or estate tax waivers, retain such portion of and/or restrict transactions in the account as You Axos Clearing may deem advisable to protect You Axos Clearing against any tax, liability, penalty or loss under any present or future laws or otherwise. Notwithstanding the aboveabove , in the event of My Your death or the death of one of the joint Account Holdersaccount holde rs, all open orders shall be canceled, but You Axos Clearing shall not be responsible for any action taken on such orders prior to the actual receipt of notice of death. Further, You Axos Clearing may in your its discretion close out any or all of My Your accounts without awaiting the appointment of a personal representative for My Your estate and without demand upon or notice to any such personal representative. The estate of any of the account holders who shall have died di ed shall be liable and each survivor shall continue liable, jointly and severally, to You Axos Clearing for any net debit balance or loss in said account in any way resulting from the completion of transactions initiated prior to the receipt by You Axos Clearing of the written writt en notice of the death of the decedent or incurred in the liquidation of the account or the adjustment of the interests of the respective parties. Such notice shall not affect Your Axos Clearing’s rights under this Agreement to take any action that You Axos Clearing could have taken if I You had not died.

Appears in 1 contract

Samples: Customer Ria Account Agreement and Advisor Authorization

Event of Death. It is further agreed that in the event of My death or the death of one of the joint account Account holders, the representative of My estate or the survivor or survivors shall immediately give You Galaxie written notice thereof, and You Galaxie may, before or after receiving such notice, take such proceedings, require such papers and inheritance or estate tax waivers, retain such portion of and/or of, or restrict transactions in the account Account as You Galaxie may deem advisable to protect You Galaxie against any tax, liability, penalty or loss under any present or future laws or otherwise. Notwithstanding the above, in the event of My death or the death of one of the joint Account Holdersholders, all open orders shall be canceled, but You Galaxie shall not be responsible for any action taken on such orders prior to the actual receipt of notice of death. Further, You Galaxie may in your its discretion close out any or all of My accounts the Accounts without awaiting the appointment of a personal representative for My estate and without demand upon or notice to any such personal representative. The estate of any of the account Account holders who shall have died shall be liable and each survivor shall continue to be liable, jointly and severally, to You Galaxie for any net debit balance or loss in said account in any way resulting from the completion of transactions initiated prior to the receipt by You Galaxie of the written notice of the death of the decedent or incurred in the liquidation of the account Account or the adjustment of the interests of the respective parties, and for all other obligations pursuant to this Agreement. Such notice shall not affect Your Bamboo’s rights under this Agreement to take any action that You Galaxie could have taken if I had not died.

Appears in 1 contract

Samples: Merveilleux Galaxie Limited Customer Agreement

Event of Death. It is further agreed that in the event of My death or the death of one of the joint account Account holders, the representative of My estate or the survivor or survivors shall immediately give You written notice thereof, and You may, before or after receiving such notice, take such proceedings, require such papers and inheritance or estate tax waivers, retain such portion of and/or of, or restrict transactions in the account Account as You may deem advisable to protect You against any tax, liability, penalty or loss under any present or future laws or otherwise. Notwithstanding the above, in the event of My death or the death of one of the joint Account Holdersholders, all open orders shall be canceled, but You shall not be responsible for any action taken on such orders prior to the actual receipt of notice of death. Further, You may in your Your discretion close out any or all of My accounts the Accounts without awaiting the appointment of a personal representative for My estate and without demand upon or notice to any such personal representative. The estate of any of the account Account holders who shall have died shall be liable and each survivor shall continue to be liable, jointly and severally, to You for any net debit balance or loss in said account in any way resulting from the completion of transactions initiated prior to the receipt by You of the written notice of the death of the decedent or incurred in the liquidation of the account Account or the adjustment of the interests of the respective parties, and for all other obligations pursuant to this Agreement. Such notice shall not affect Your rights under this Agreement to take any action that You could have taken if I had not died.

Appears in 1 contract

Samples: Robinhood Financial Customer Agreement

Event of Death. It is further agreed I agree that in the event of My my death or the death of one of the any joint account holdersholder(s), the representative of My my estate or the survivor or survivors shall immediately give You you written notice thereof, and You you may, before or after receiving such notice, take such proceedings, require such papers and inheritance or estate tax waivers, retain such portion of and/or restrict transactions in the account Account as You you may deem advisable to protect You you against any tax, liability, penalty or loss under any present or future laws or otherwise. Notwithstanding the above, in the event of My my death or the death of one of the joint Account Holdersaccount holders, all open orders shall be canceled, but You you shall not be responsible for any action taken on such orders prior to the actual receipt of notice of death. Further, You may may, in your discretion Your discretion, close out any or all of My accounts the Accounts without awaiting the appointment of a personal representative for My estate and without demand upon or notice to any such personal representative. The estate of any of the account holders who shall have died shall be liable liable, and each survivor shall continue to be liable, jointly and severally, to You for any net debit balance or loss in said account in any way resulting from the completion of transactions initiated prior to the receipt by You of the written notice of the death of the decedent or incurred in the liquidation of the account Account or the adjustment of the interests of the respective parties. Such notice shall not affect Your rights under this Agreement to take any action that You could have taken if I had not died.

Appears in 1 contract

Samples: Crypto Customer Agreement

Event of Death. It is further agreed that in the event of My death or the death of one of the joint account Account holders, the representative of My estate or the survivor or survivors shall immediately give You Bamboo written notice thereof, and You Bamboo may, before or after receiving such notice, take such proceedings, require such papers and inheritance or estate tax waivers, retain such portion of and/or of, or restrict transactions in the account Account as You Bamboo may deem advisable to protect You Bamboo against any tax, liability, penalty or loss under any present or future laws or otherwise. Notwithstanding the above, in the event of My death or the death of one of the joint Account Holdersholders, all open orders shall be canceled, but You Bamboo shall not be responsible for any action taken on such orders prior to the actual receipt of notice of death. Further, You Bamboo may in your its discretion close out any or all of My accounts the Accounts without awaiting the appointment of a personal representative for My estate and without demand upon or notice to any such personal representative. The estate of any of the account Account holders who shall have died shall be liable and each survivor shall continue to be liable, jointly and severally, to You Bamboo for any net debit balance or loss in said account in any way resulting from the completion of transactions initiated prior to the receipt by You Bamboo of the written notice of the death of the decedent or incurred in the liquidation of the account Account or the adjustment of the interests of the respective parties, and for all other obligations pursuant to this Agreement. Such notice shall not affect Your Bamboo’s rights under this Agreement to take any action that You Bamboo could have taken if I had not died.

Appears in 1 contract

Samples: Bamboo Systems Technology Limited Customer Agreement

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