Common use of Event of Death Clause in Contracts

Event of Death. It is agreed that in the event of My death, the representative of My estate or the survivor or survivors shall immediately give Robinhood written notice thereof, and Robinhood may, before or after receiving such notice, take such proceedings, require such papers and inheritance or estate tax waivers, retain such portion of, or restrict transactions in the Account as Robinhood may deem advisable to protect 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, all open orders shall be canceled, but Robinhood shall not be responsible for any action taken on such orders prior to the actual receipt of notice of death. Further, Robinhood may in Its discretion close out any or all of 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 have died shall be liable and each survivor shall continue to be liable, jointly and severally, to 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 Robinhood 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, and for all other obligations pursuant to this Agreement. Such notice shall not affect Robinhood’s rights under this Agreement to take any action that Robinhood could have taken if I had not died.

Event of Death. It is agreed You agree that in the event of My Your death, the representative of My Your estate or the survivor or survivors shall immediately give Robinhood the Broker written notice thereof, and Robinhood the Broker may, before or after receiving such notice, take such proceedings, require such papers and inheritance or estate tax waivers, retain such portion of, or restrict transactions in the Account as Robinhood the Broker may deem advisable to protect Robinhood the Broker against any tax, liability, penalty or loss Loss under any present or future laws or otherwise. Notwithstanding the above, in the event of My Your death, the Broker may cancel all open orders shall be canceledorders, but Robinhood the Broker shall not be responsible for any action taken on such orders prior to the actual receipt of notice of death. Further, Robinhood the Broker may in Its its discretion close out any or all of the Accounts Account 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 have died shall be liable and each survivor shall continue to be liable, jointly and severally, to Robinhood the Broker for any net debit balance or loss Loss in said account in any way resulting from the completion of transactions initiated prior to the receipt by Robinhood the Broker 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, and for all other obligations pursuant to this Customer Agreement. Such notice shall not affect Robinhoodthe Broker’s rights under this Customer Agreement to take any action that Robinhood the Broker could have taken if I You had not died.

Event of Death. It is agreed that in the event of My death, the representative of My estate or the survivor or survivors shall immediately give Robinhood written notice thereof, and Robinhood may, before or after receiving such notice, take such proceedings, require such papers and inheritance or estate tax waivers, retain such portion of, or restrict transactions in the Account as Robinhood may deem advisable to protect 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, all open orders shall be canceled, but Robinhood shall not be responsible for any action taken on such orders prior to the actual receipt of notice of death. Further, Robinhood may in Its discretion close out any or all of 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 have died shall be liable and each survivor shall continue to be liable, jointly and severally, to 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 Robinhood 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, and for all other obligations pursuant to this Agreement. Such notice shall not affect a fect Robinhood’s 's rights under this Agreement to take any action that Robinhood could have taken if I had not died.

Event of Death. It is agreed that in the event of My death, the representative of My estate or the survivor or survivors shall immediately give Robinhood Hapi written notice thereof, and Robinhood Hapi may, before or after receiving such notice, take such proceedings, require such papers and inheritance or estate tax waivers, retain such portion of, or restrict transactions in the Account as Robinhood Hapi may deem advisable to protect Robinhood Hapi against any tax, liability, penalty or loss under any present or future laws or otherwise. Notwithstanding the above, in the event of My death, all open orders shall be canceled, but Robinhood Hapi shall not be responsible for any action taken on such orders prior to the actual receipt of notice of death. Further, Robinhood Hapi may in Its discretion close out any or all of 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 have died shall be liable and each survivor shall continue to be liable, jointly and severally, to Robinhood Hapi 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 Robinhood Xxxx 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, and for all other obligations pursuant to this Agreement. Such notice shall not affect Robinhood’s Xxxx's rights under this Agreement to take any action that Robinhood Xxxx could have taken if I had not died.

Event of Death. It is agreed You agree that in the event of My your death, the representative of My your estate or the survivor or survivors shall immediately give Robinhood the Broker written notice thereof, and Robinhood the Broker may, before or after receiving such notice, take such proceedings, require such papers and inheritance or estate tax waivers, retain such portion of, or restrict transactions in the Account as Robinhood the Broker may deem advisable to protect Robinhood the Broker against any tax, liability, penalty or loss Loss under any present or future laws or otherwise. Notwithstanding the above, in the event of My your death, the Broker may cancel all open orders shall be canceledorders, but Robinhood the Broker shall not be responsible for any action taken on such orders prior to the actual receipt of notice of death. Further, Robinhood the Broker may in Its its discretion close out any or all of the Accounts Account 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 have died shall be liable and each survivor shall continue to be liable, jointly and severally, to Robinhood the Broker for any net debit balance or loss Loss in said account in any way resulting from the completion of transactions initiated prior to the receipt by Robinhood the Broker 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, and for all other obligations pursuant to this Agreement. Such notice shall not affect Robinhoodthe Broker’s rights under this Agreement to take any action that Robinhood the Broker could have taken if I you had not died.