Common use of In Trust For Account Clause in Contracts

In Trust For Account. If you hold the Account in trust for another person, you hereby represent and warrant that you are authorized to act on behalf of such person and have the necessary authority to operate the Account. Your liability to CAM in respect of the Account shall be as the beneficial owner of the Account and we may deal with you as though you are the beneficial owner. You agree that we have no responsibility to observe the terms of any trust, whether written, verbal, implied or constructive, that may exist between you and the beneficiary, and you are solely responsible for ensuring adherence to any restrictions of the trust and any applicable laws. You agree to operate the Account with the understanding that CAM has not and will not provide any advice, counsel or opinion whatsoever in respect of trusts, tax planning, or estate planning and makes no representations with respect thereto, and it is your sole responsibility to obtain appropriate advice to ensure the beneficiary’s needs and objectives are satisfied. Unless caused by our negligence, willful misconduct or breach of applicable laws, you agree to indemnify CAM against any loss, claim, damages, liability or expenses (including legal costs) arising from the operation of the Account in accordance with this section, including without limitation any claims made by you, a trustee or any beneficiary of any trust to which the Account may relate.

In Trust For Account. If you hold the Account in trust for another person, you hereby represent and warrant that you are authorized to act on behalf of such person and have the necessary authority to operate the Account. Your liability to CAM Credential Securities in respect of the Account shall be as the beneficial owner of the Account and we may deal with you as though you are the beneficial owner. You agree that we have no responsibility to observe the terms of any trust, whether written, verbal, implied or constructive, that may exist between you and the beneficiary, and you are solely responsible for ensuring adherence to any restrictions of the trust and any applicable laws. You agree to operate the Account with the understanding that CAM Credential Securities has not and will not provide any advice, counsel or opinion whatsoever in respect of trusts, tax planning, or estate planning and makes no representations with respect thereto, and it is your sole responsibility to obtain appropriate advice to ensure the beneficiary’s needs and objectives are satisfied. Unless caused by our negligence, willful misconduct or breach of applicable laws, you You agree to indemnify CAM Credential Securities against any loss, claim, damages, liability or expenses (including legal costs) arising from the operation of the Account in accordance with this section, including without limitation any claims made by you, a trustee or any beneficiary of any trust to which the Account may relate.

In Trust For Account. If you hold the Account in trust for another person, you hereby represent and warrant that you are authorized to act on behalf of such person and have the necessary authority to operate the Account. Your liability to CAM Aviso Wealth in respect of the Account shall be as the beneficial owner of the Account and we may deal with you as though you are the beneficial owner. You agree that we have no responsibility to observe the terms of any trust, whether written, verbal, implied or constructive, that may exist between you and the beneficiary, and you are solely responsible for ensuring adherence to any restrictions of the trust and any applicable laws. You agree to operate the Account with the understanding that CAM Aviso Wealth has not and will not provide any advice, counsel or opinion whatsoever in respect of trusts, tax planning, or estate planning and makes no representations with respect thereto, and it is your sole responsibility to obtain appropriate advice to ensure the beneficiary’s needs and objectives are satisfied. Unless caused by our negligence, willful misconduct negligence or breach of applicable lawslaws or rules, you agree to indemnify CAM Aviso Wealth against any loss, claim, damages, liability liability, or expenses (including legal costs) arising from the operation of the Account in accordance with this section, including without limitation any claims made by you, a trustee trustee, or any beneficiary of any trust to which the Account may relate.

In Trust For Account. If you hold the Account in trust for another person, you hereby represent and warrant that you are authorized to act on behalf of such person and have the necessary authority to operate the Account. Your liability to CAM Aviso Wealth in respect of the Account shall be as the beneficial owner of the Account and we may deal with you as though you are the beneficial owner. You agree that we have no responsibility to observe the terms of any trust, whether written, verbal, implied or constructive, that may exist between you and the beneficiary, and you are solely responsible for ensuring adherence to any restrictions of the trust and any applicable laws. You agree to operate the Account with the understanding that CAM Aviso Wealth has not and will not provide any advice, counsel counsel, or opinion whatsoever in respect of trusts, tax planning, or estate planning and makes no representations with respect thereto, and it is your sole responsibility to obtain appropriate advice to ensure the beneficiary’s needs and objectives are satisfied. Unless caused by our negligence, willful misconduct or breach of applicable laws, you You agree to indemnify CAM Aviso Wealth against any loss, claim, damages, liability or expenses (including legal costs) arising from the operation of the Account in accordance with this section, including without limitation any claims made by you, a trustee or any beneficiary of any trust to which the Account may relate.

In Trust For Account. If you hold the Account in trust for another person, you hereby represent and warrant that you are authorized to act on behalf of such person and have the necessary authority to operate the Account. Your liability to CAM Credential Securities in respect of the Account shall be as the beneficial owner of the Account and we may deal with you as though you are the beneficial owner. You agree that we have no responsibility to observe the terms of any trust, whether written, verbal, implied or constructive, that may exist between you and the beneficiary, and you are solely responsible for ensuring adherence to any restrictions of the trust and any applicable laws. You agree to operate the Account with the understanding that CAM Credential Securities has not and will not provide any advice, counsel counsel, or opinion whatsoever in respect of trusts, tax planning, or estate planning and makes no representations with respect thereto, and it is your sole responsibility to obtain appropriate advice to ensure the beneficiary’s needs and objectives are satisfied. Unless caused by our negligence, willful misconduct or breach of applicable laws, you You agree to indemnify CAM Credential Securities against any loss, claim, damages, liability or expenses (including legal costs) arising from the operation of the Account in accordance with this section, including without limitation any claims made by you, a trustee or any beneficiary of any trust to which the Account may relate.

In Trust For Account. If you hold the Account in trust for another person, you hereby represent and warrant that you are authorized to act on behalf of such person and have the necessary authority to operate the Account. Your liability to CAM Aviso Correspondent Partners in respect of the Account shall be as the beneficial owner of the Account and we may deal with you as though you are the beneficial owner. You agree that we have no responsibility to observe the terms of any trust, whether written, verbal, implied or constructive, that may exist between you and the beneficiary, and you are solely responsible for ensuring adherence to any restrictions of the trust and any applicable laws. You agree to operate the Account with the understanding that CAM Aviso Correspondent Partners has not and will not provide any advice, counsel counsel, or opinion whatsoever in respect of trusts, tax planning, or estate planning and makes no representations with respect thereto, and it is your sole responsibility to obtain appropriate advice to ensure the beneficiary’s needs and objectives are satisfied. Unless caused by our negligence, willful misconduct or breach of applicable laws, you You agree to indemnify CAM Aviso Correspondent Partners against any loss, claim, damages, liability or expenses (including legal costs) arising from the operation of the Account in accordance with this section, including without limitation any claims made by you, a trustee or any beneficiary of any trust to which the Account may relate.