Joint Account Agreement Sample Clauses

Joint Account Agreement. ( T e na nt s i n C o m m o n )
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Joint Account Agreement. If applying to open a joint Account, each Client hereby jointly and severally acknowledges and agrees that the following terms and conditions shall apply: In consideration of MDIL carrying one or more joint Account(s) for the Clients, the Clients jointly and severally agree that each of them shall have authority, all on behalf of said joint Account(s) to operate such Account(s) including: to buy and/or sell Securities; to receive money, Securities and property of every kind and to dispose of same; to receive demands, notices, confirmations, reports, statements of account and communications of every kind; to sign such authorizations, agreements and documents as MDIL may require pertaining to any of the foregoing matters and generally to deal with MDIL as fully and completely as if each of the Clients alone was interested in said Account(s), all without notice to the other(s). MDIL is authorized to act upon the instructions of any of the Clients in every respect regarding said joint Account(s) and to make deliveries to any of the Clients or upon his/her instructions, of any or all Securities in said Account(s) and to make payments to any of the Clients, or upon his/her order, of any and all monies at any time or from time to time in said Account(s) even if such deliveries and/or payments shall be made to any of the Clients personally, and not for the joint Account of the Clients. In the event of any such deliveries of Securities or payments of monies to any of the Clients, MDIL is not bound or under duty or obligation to inquire into the application or disposition or the purpose or propriety of any such delivery of Securities or payment of monies. Right of Survivorship (not applicable to residents of Quebec): The Clients declare that their interests in the joint Account(s) are as joint tenants with full rights of survivorship and not as tenants in common. In the event of the death of either or any of the Clients, the entire beneficial interest in the joint Account(s) shall vest in the survivor or survivors, and if more than one survivor as joint tenants with full rights of survivorship and not as tenants in common on the same terms and conditions as contained in this Agreement. The death of one of the Clients shall in no way affect the right of the survivor to withdraw all monies and to take delivery of all Securities held in said Account(s) as aforesaid, subject to compliance with all applicable laws relating to succession duties and estate and inheritance ...
Sample 1Sample 2See All (5)
Joint Account Agreement. If applying to open a joint account, each Client hereby jointly and severally acknowledges and agrees that the following terms and conditions shall apply:
Sample 1Sample 2Sample 3See All (4)
Joint Account Agreement. (not applicable to registered plans)‌ If you have indicated that you want a Joint Account, you agree to the following additional terms. These are in addition to any other agreement contained in this booklet.
Sample 1Sample 2
Joint Account Agreement. If you open a joint Account: a. The Credit Union is authorized to recognize any signature subscribed on the applicable Account Agreement in the transaction of any business on the joint Account. b. If you are a joint owner of this Account, you agree with all other owners and with the Credit Union that all sums now or hereafter paid to your credit in any Account subject to this Agreement, together with all accumulations thereon, are and shall be owned by you as joint tenants with a common law right of survivorship and not as tenants in common, and that all such amounts shall be subject to withdrawal by either or any of you, or payment to any of you, and that any of you may terminate the rights in any such Account of any other joint owner by the removal of any other joint owner’s name from the Account. You also agree that any joint owner may make changes to the notice preferences and overdraft features of the joint Account. The Credit Union may make payment to any joint owner or to the survivor or survivors of any joint owner, and any such payment shall discharge the Credit Union from any liability for such payments. c. The right or authority of the Credit Union under this Agreement shall not be changed or terminated by any joint owner except by written or electronic notice (in a manner determined by the Credit Union) to the Credit Union, and termination shall not affect transactions theretofore made.
Sample 1Sample 2
Joint Account Agreement. This Joint Account Agreement only applies to Investment Accounts opened by two or more Clients as co-applicants. You have indicated on your Account Application whether this Joint Account grants the other Joint Account holders a right of survivorship. As Joint Account holders have equal rights to control the Joint Account, you should carefully review this Joint Account Agreement. In consideration of BMO Xxxxxxx Xxxxx opening or maintaining the Joint Account or Joint Accounts for each Client, each Client understands and agrees to the following terms and conditions for the operation of the Joint Account. 1.1 If the Account Application is signed by more than one Client as co-applicants, the liabilities and obligations in the Joint Account Agreement and the Investment Account Agreement shall be joint and several (in Quebec, solidary) and each of the Clients agrees that each has full power and authority to direct BMO Xxxxxxx Xxxxx to take any action whatsoever with respect to the Joint Account and BMO Xxxxxxx Xxxxx is hereby authorized and directed to act upon the instructions of any one of the Clients with respect to the Joint Account provided that BMO Xxxxxxx Xxxxx shall have the right at any time, in its discretion, to require written authorization signed by all Clients to the Joint Account. Any notice relating to the Joint Account, including contracts of purchase and sale, may be sent to any one of the Clients and shall be binding upon each of the Clients. Any Client acting alone shall have the full power and authority to consent to amendments to, or modify or waive any of the terms or provisions relating to, the Joint Account. Except as otherwise provided in this Joint Account Agreement, all terms defined in the Investment Account Agreement shall have the same meaning herein. 1.2 This Joint Account will be governed by the Investment Account Agreement and this Joint Account Agreement.
Sample 1
Joint Account Agreement. 4. OANDA is authorized to act on the instructions of the Existing Account Holder or the Additional Account Holder, without further inquiry with regard to all transactions in any way related to the Account, including without limitation, the placement of orders and entering into of trades on the FXTrade system, and the disposition of any or all of the assets in the Account. OANDA shall have no responsibility or obligation for further inquiry into such apparent authority, and shall bear no liability for the consequences of any acts or omissions made in reliance upon any such instructions.
Sample 1
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Joint Account Agreement. In consideration of BMO Xxxxxxx Xxxxx opening or maintaining the Joint Account or Joint Accounts foreach Client, each Client understands and agrees to the following terms and conditions for the operation of the Joint Account. Except as otherwise provided in this Joint Account Agreement, all terms defined in the Account Agreement at Part One shall have the same meaning herein.
Sample 1

Related to Joint Account Agreement

  • Account Agreement Lender shall have received the original of the Account Agreement executed by each of Cash Management Bank and Borrower.

  • Deposit Account Control Agreement control agreement satisfactory to Agent executed by an institution maintaining a Deposit Account for an Obligor, to perfect Agent’s Lien on such account.

  • Deposit Account Control Agreements the Deposit Account control agreements to be executed by each institution maintaining a Deposit Account for an Obligor, in favor of Agent, for the benefit of Secured Parties, as security for the Obligations.

  • Concentration Account (i) The Borrower has established the Concentration Account subject to a fully executed Concentration Account Agreement. The Borrower agrees that the Administrative Agent shall have exclusive dominion and control of the Concentration Account and all monies, instruments and other property from time to time on deposit therein. (ii) The Borrower (or the Servicer on Borrower’s behalf) has instructed all Collection Account Banks that on a daily basis all collected and available funds on deposit in each Collection Account are to be automatically transferred to the Concentration Account. The Concentration Account Bank has been instructed by the Borrower and the Servicer to automatically transfer all collected and available funds on deposit in the Concentration Account to the Agent Account on a daily basis. (iii) If, for any reason, the Concentration Account Agreement relating to the Concentration Account terminates or the Concentration Account Bank fails to comply with its obligations under such Concentration Account Agreement, then the Borrower shall promptly notify the Administrative Agent thereof and the Borrower, the Servicer or the Administrative Agent, as the case may be, shall instruct all Collection Account Banks who had previously been instructed to make wire payments to the Concentration Account maintained at any such Concentration Account Bank to make all future payments to a new Concentration Account in accordance with this Section 6.01(b)(iii). The Borrower shall not close the Concentration Account unless it shall have (A) received the prior written consent of the Administrative Agent, (B) established a new account with the same Concentration Account Bank or with a new depositary institution satisfactory to the Administrative Agent, (C) entered into an agreement covering such new account with such Concentration Account Bank or with such new depositary institution substantially in the form of the Concentration Account Agreement or that is satisfactory in all respects to the Administrative Agent (whereupon, for all purposes of this Agreement and the other Related Documents, such new account shall become the Concentration Account, such new agreement shall become a Concentration Account Agreement and any new depositary institution shall become the Concentration Account Bank), and (D) taken all such action as the Administrative Agent shall reasonably require to grant and perfect a first priority Lien in such new Concentration Account to the Lender under Section 7.01 of this Agreement. Except as permitted by this Section 6.01(b), the Borrower shall not, and shall not permit the Servicer to open a new Concentration Account without the prior written consent of the Administrative Agent.

  • Account Control Agreements Account Control Agreements for all of Borrower’s deposit accounts and accounts holding securities duly executed by all of the parties thereto, in the forms provided by or reasonably acceptable to Lender.

  • Account Access Electronic Check Transactions may only be made from your checking account.

  • Blocked Accounts Agent shall have received duly executed agreements establishing the Blocked Accounts or Depository Accounts with financial institutions acceptable to Agent for the collection or servicing of the Receivables and proceeds of the Collateral;

  • Cash Management Account (a) During the term of the Loan, Borrower shall cause Mortgage Borrower and Senior Mezzanine Borrower to comply with Section 2.6.3 of the Mortgage Loan Agreement and Senior Mezzanine Loan Agreement (as applicable) which may require the establishment of the Cash Management Account to be held by and in trust for the benefit of Mortgage Lender. All costs and expenses for establishing and maintaining the Cash Management Account shall be paid by Mortgage Borrower. (b) Borrower shall not cause or permit Mortgage Borrower or Operating Company to further pledge, assign or grant any security interest in the Cash Management Account or the monies deposited therein or permit any lien or encumbrance to attach thereto, or any levy to be made thereon, or any UCC-1 Financing Statements, except those naming Mortgage Lender as the secured party, to be filed with respect thereto. (c) Borrower hereby agrees that in the event that (i) the Mortgage Loan Documents require Mortgage Borrower and/or Operating Company to maintain the Cash Management Account, but (due to repayment of the Mortgage Loan, waiver of the requirement by Mortgage Lender, or otherwise) the Cash Management Account is not being maintained and (ii) the Cash Management Account is not being maintained under Section 2.6.3 of the Senior Mezzanine Loan Agreement, Borrower shall establish a cash management account and system with Lender substantially the same as that required under the Mortgage Loan Documents. If Borrower is required to deposit amounts with Lender pursuant to Article VII hereof, Borrower shall establish a cash management account and system with Lender substantially the same as that required under the Mortgage Loan Documents (and shall otherwise comply with the provisions of Section 2.6.2 of the Mortgage Loan Documents, and grant to Lender security interests in such accounts for the benefit of Lender, as if such provisions were incorporated herein for the benefit of Lender).

  • Joint Accounts If any of your accounts accessed under this Agreement are joint accounts, all joint owners, including any authorized users, shall be bound by this Agreement and, alone and together, shall be responsible for all EFT transactions to or from any share and share draft or loan accounts as provided in this Agreement. Each joint account owner, without the consent of any other account owner, may, and is hereby authorized by every other joint account owner, make any transaction permitted under this Agreement. Each joint account owner is authorized to act for the other account owners, and the Credit Union may accept orders and instructions regarding any EFT transaction on any account from any joint account owner.

  • Control Agreement A control agreement (the “Custodian Control Agreement”), duly executed and delivered by the Borrower, the Administrative Agent and State Street Bank and Trust Company.

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