Common use of Joint Account Authorization Clause in Contracts

Joint Account Authorization. In consideration of Your carrying a joint account for the persons identified as the account holders, we jointly and severally agree to be fully and completely responsible and liable for this account and to pay on demand any balance due. Each of us, or any person authorized to act on behalf of the account under a separate agreement, has full power and authority to make purchases and sales, withdraw funds and securities from, or to do anything else with reference to the account. You are authorized and directed to act upon instructions received from any of us. Suitability information provided by us reflects the combined interests of all joint owners. We understand that tax reporting information is processed using the social security number of the person first named in the registration. Each of us agrees to hold You and Your employees and agents harmless from and indemnify them against any losses, causes of action, damages and expenses (including attorney’s fees) arising from or as the result of You, Your employees or agents following the instructions of any of us. Axos Clearing in its sole discretion may at any time suspend all activity in the joint account pending instructions from a court of competent jurisdiction or require that instructions pertaining to the joint account or the property therein be in writing, signed by all of us. You may recover from the account or from any of us such costs as You may incur, including reasonable attorney’s fees, as the result of any dispute among us relating to or arising from the account. Upon any event that causes a change in the ownership of the joint account (divorce, death, assignment, etc.), all remaining accountholders or survivors shall immediately notify You in writing. You may take such actions in the account as You deem advisable to protect against any tax, liability, penalty or loss under any present or future laws or otherwise. The estate of the decedent or departing accountholder shall be liable together with each of the remaining or surviving accountholders, jointly and severally, to You for any net debit balance or loss in the account in any way resulting from any transactions initiated prior to notification to You or incurred in the liquidation of the account or the adjustment of the interests of the respective parties. Notwithstanding the governing law provisions of this Agreement, the legal ownership of our accounts shall be governed by the internal laws of the state of residence.

Joint Account Authorization. In consideration of Your carrying a joint account for the persons identified as the account holders, we jointly and severally agree to be fully and completely responsible and liable for this account and to pay on demand any balance due. Each of us, or any person authorized to act on behalf of the account under a separate agreement, has full power and authority to make purchases and sales, withdraw funds and securities from, or to do anything else with reference to the account. You are authorized and directed to act upon instructions received from any of us. Suitability information provided by us reflects the combined interests of all joint owners. We understand that tax reporting information is processed using the social security number of the person first named in the registration. Each of us agrees to hold You and Your employees and agents harmless from and indemnify them against any losses, causes of action, damages and expenses (including attorney’s fees) arising from or as the result of You, Your employees or agents following the instructions of any of us. Axos Clearing COR in its sole discretion may at any time suspend all activity in the joint account pending instructions from a court of competent jurisdiction or require that instructions pertaining to the joint account or the property therein be in writing, signed by all of us. You may recover from the account or from any of us such costs as You may incur, including reasonable attorney’s fees, as the result of any dispute among us relating to or arising from the account. Upon any event that causes a change in the ownership of the joint account (divorce, death, assignment, etc.), all remaining accountholders or survivors shall immediately notify You in writing. You may take such actions in the account as You deem advisable to protect against any tax, liability, penalty or loss under any present or future laws or otherwise. The estate of the decedent or departing accountholder shall be liable together with each of the remaining or surviving accountholders, jointly and severally, to You for any net debit balance or loss in the account in any way resulting from any transactions initiated prior to notification to You or incurred in the liquidation of the account or the adjustment of the interests of the respective parties. Notwithstanding the governing law provisions of this Agreement, the legal ownership of our accounts shall be governed by the internal laws of the state of residence.

Joint Account Authorization. In consideration of Your carrying a joint account for the persons identified as the account holders, we jointly and severally agree to be fully and completely responsible and liable for this account and to pay on demand any balance due. Each of us, or any person authorized to act on behalf of the account under a separate agreement, has full power and authority to make purchases and sales, withdraw funds and securities from, or to do anything else with reference to the account. You are authorized and directed to act upon instructions received from any of us. Suitability information provided by us reflects the combined interests of all joint owners. We understand that tax reporting information is processed using the social security number of the person first named in the registration. Each of us agrees to hold You and Your employees and agents harmless from and indemnify them against any losses, causes of action, damages and expenses (including attorney’s fees) arising from or as the result of You, Your employees or agents following the instructions of any of us. Axos Clearing COR in its sole discretion may at any time suspend all activity in the joint account pending instructions from a court of competent jurisdiction or require that instructions pertaining to the joint account or the property therein be in writing, signed by all of us. You may recover from the account or from any of us such costs as You may incur, including reasonable attorney’s fees, as the result of any dispute among us relating to or arising from the account. Upon any event that causes a change in the ownership of the joint account (divorce, death, assignment, etc.), all remaining accountholders or survivors shall immediately notify You in writing. You may take such actions in the account as You deem advisable to protect against any tax, liability, penalty or loss under any present or future laws or otherwise. The estate of the decedent or departing accountholder shall be liable together with each of the remaining or surviving accountholders, jointly and severally, to You for any net debit balance or loss in the account in any way resulting from any transactions initiated prior to notification to You or incurred in the liquidation of the account or the adjustment of the interests of the respective parties. Notwithstanding the governing law provisions of Section 17 (a) of this Agreement, the legal ownership of our accounts shall be governed by the internal laws of the state of residence.

Joint Account Authorization. In consideration of Your carrying a joint account for the persons identified as the account holdersundersigned persons, we jointly and severally agree to be fully and completely responsible and liable for this account and to pay on demand any balance due. Each of us, or any person authorized to act on behalf of the account under a separate agreement, has full power and authority to make purchases and sales, withdraw funds and securities from, or to do anything else with reference to the account. You are authorized and directed to act upon instructions received from any of us. Suitability information provided by us on the front page reflects the combined interests of all joint owners. We understand that tax reporting information is processed using the social security number of the person first named in the registration. Each of us agrees to hold You and Your employees and agents harmless from and indemnify them against any losses, causes of action, damages and expenses (including attorney’s fees) arising from or as the result of You, Your employees or agents following the instructions of any of us. Axos Clearing COR in its sole discretion may at any time suspend all activity in the joint account pending instructions from a court of competent jurisdiction or require that instructions pertaining to the joint account or the property therein be in writing, signed by all of us. You may recover from the account or from any of us such costs as You it may incur, including reasonable attorney’s fees, as the result of any dispute among us relating to or arising from the account. Upon any event that causes a change in the ownership of the joint account (divorce, death, assignment, etc.), all remaining accountholders or survivors shall immediately notify You in writing. You may take such actions in the account as You deem advisable to protect against any tax, liability, penalty or loss under any present or future laws or otherwise. The estate of the decedent or departing accountholder shall be liable together with each of the remaining or surviving accountholders, jointly and severally, to You for any net debit balance or loss in the account in any way resulting from any transactions initiated prior to notification to You or incurred in the liquidation of the account or the adjustment of the interests of the respective parties. Notwithstanding the governing law provisions of Section 17 (a) of this Agreement, the legal ownership of our accounts shall be governed by the internal laws of the state of residence.

Joint Account Authorization. In If My Account is owned by more than one person, My Account shall be a joint account. It will be held in joint tenancy with rights of survivorship, unless I provide notification otherwise and provide the required documentation. For tenants in common, the interest in the tenancy shall be equal, unless We notify Ally Invest otherwise. If the Account is a joint account, then in consideration of Your Ally Invest carrying a joint account for the persons identified as the account holdersundersigned persons, we We jointly and severally agree to be fully and completely responsible and liable for this account the Account and to pay on demand any balance due. Each of usUs, or any person authorized to act on behalf of the account Account under a separate agreement, has full power and authority to make purchases and sales, withdraw funds and securities from, or to do anything else with reference to the accountAccount. You are Ally Invest is authorized and directed to act upon instructions received from any of us. Suitability information provided by us reflects the combined interests of all joint ownersUs. We understand that tax reporting information is processed using the social security number of the person first named in the registration. Each of us Us agrees to hold You harmless Ally Invest and Your its employees and agents harmless from and indemnify them against any losses, causes of action, damages and expenses (including attorney’s fees) Losses arising from or as the result of YouAlly Invest, Your employees its employees, or its agents following the instructions of any of us. Axos Clearing Ally Invest in its sole discretion may at any time suspend all activity in the joint account Account pending instructions from a court of competent jurisdiction or require that instructions pertaining to the joint account Account or the property Property (as defined in Section 25) therein be in writing, signed by all of us. You Ally Invest may recover from the joint account or from any of us Us such costs as You it may incur, including reasonable attorney’s 's fees, as the result of any dispute among us Us relating to or arising from the accountAccount. Upon any event that causes a change in the ownership of the joint account Account (divorce, death, assignment, etc.), all remaining accountholders or survivors shall immediately notify You Ally Invest in writing. You Ally Invest may take such actions in the account Account as You deem it deems advisable to protect against any tax, liability, penalty or loss under any present or future laws or otherwise. The estate of the decedent or departing accountholder joint account owner shall be liable together with each of the remaining accountholders or surviving accountholderssurvivors, jointly and severally, to You Ally Invest for any net debit balance or loss in the joint account in any way resulting from any transactions initiated prior to notification to You Ally Invest or incurred in the liquidation of the joint account or the adjustment of the interests of the respective parties. Notwithstanding the governing law provisions of Section 40(k) of this Agreement, the legal ownership of our accounts Our Accounts shall be governed by the internal laws of the state of residence. Unless otherwise instructed, if the individuals who sign this Agreement are husband and wife and legal residents of a community or marital property state, any securities purchased through Ally Invest will be registered in their respective names, as shown on the Account, followed by the words "husband and wife as community property" or "community property." In the event of a dispute between or among account holders of which Ally Invest has notice, Ally Invest reserves the right, but is not obligated, to place restrictions on the Account. For example, if an account holder requests a restriction be placed on access to funds in the Account because of a pending litigation or dispute between account holders, Ally Invest may prohibit all transfers of funds from the Account, with such restrictions to remain in place until Ally Invest actually receives and has a reasonable amount of time to act on appropriate court documentation or a written, notarized instruction signed by all account holders. In such a case, all account holders remain liable for any pending settlements at the time of the restriction. Ally Invest also may, at the expense of the account holders, commence or defend any action or proceeding for or in the nature of interpleader to have the dispute resolved judicially. If a suit or proceeding for or in the nature of interpleader is brought by or against it, Ally Invest may deliver the Account into the registry of the court, at which time Ally Invest will be deemed to be and will be released and discharged from all further obligations and responsibilities under this Agreement.

Joint Account Authorization. In consideration of Your carrying a joint account for the persons identified identified as the account holders, we jointly and severally agree to be fully and completely responsible and liable for this account and to pay on demand any balance due. Each of us, or any person authorized to act on behalf of the account under a separate agreement, has full power and authority to make purchases and sales, withdraw funds and securities from, or to do anything else with reference to the account. You are authorized and directed to act upon instructions received from any of us. Suitability information provided by us reflects reflects the combined interests of all joint owners. We understand that tax reporting information is processed using the social security number of the person first first named in the registration. Each of us agrees to hold You and Your employees and agents harmless from and indemnify them against any losses, causes of action, damages and expenses (including attorney’s fees) arising from or as the result of You, Your employees or agents following the instructions of any of us. Axos Clearing COR in its sole discretion may at any time suspend all activity in the joint account pending instructions from a court of competent jurisdiction or require that instructions pertaining to the joint account or the property therein be in writing, signed by all of us. You may recover from the account or from any of us such costs as You may incur, including reasonable attorney’s fees, as the result of any dispute among us relating to or arising from the account. Upon any event that causes a change in the ownership of the joint account (divorce, death, assignment, etc.), all remaining accountholders or survivors shall immediately notify You in writing. You may take such actions in the account as You deem advisable to protect against any tax, liability, penalty or loss under any present or future laws or otherwise. The estate of the decedent or departing accountholder shall be liable together with each of the remaining or surviving accountholders, jointly and severally, to You for any net debit balance or loss in the account in any way resulting from any transactions initiated prior to notification notification to You or incurred in the liquidation of the account or the adjustment of the interests of the respective parties. Notwithstanding the governing law provisions of this Agreement, the legal ownership of our accounts shall be governed by the internal laws of the state of residence.

Joint Account Authorization. In My Account shall be held by You in joint tenancy with rights of survivorship, unless I notify You otherwise and provide the required documentation. For tenants in common, the interest in the tenancy shall be equal, unless we notify you otherwise. If the Account is a joint account, then in consideration of Your carrying a joint account for the persons identified as the account holdersundersigned persons, we jointly and severally agree to be fully and completely responsible and liable for this account the Account and to pay on demand any balance due. Each of us, or any person authorized to act on behalf of the account Account under a separate agreement, has full power and authority to make purchases and sales, withdraw funds and securities from, or to do anything else with reference to the accountAccount. You are authorized and directed to act upon instructions received from any of us. Suitability information provided by us reflects the combined interests of all joint owners. We understand that tax reporting information is processed using the social security number of the person first named in the registration. Each of us agrees to hold harmless You and Your employees and agents harmless from and indemnify them against any losses, causes of action, damages and expenses (including attorney’s 's fees) arising from or as the result of You, Your employees or agents following the instructions of any of us. Axos Clearing You in its Your sole discretion may at any time suspend all activity in the joint account Account pending instructions from a court of competent jurisdiction or require that instructions pertaining to the joint account Account or the property Property (as defined in Section 24) therein be in writing, signed by all of us. You may recover from the account Account or from any of us such costs as You may incur, including reasonable attorney’s 's fees, as the result of any dispute among us relating to or arising from the accountAccount. Upon any event that causes a change in the ownership of the joint account Account (divorce, death, assignment, etc.), all remaining accountholders or survivors shall immediately notify You in writing. You may take such actions in the account Account as You deem advisable to protect against any tax, liability, penalty or loss under any present or future laws or otherwise. The estate of the decedent or departing accountholder shall be liable together with each of the remaining or surviving accountholders, jointly and severally, to You for any net debit balance or loss in the account Account in any way resulting from any transactions initiated prior to notification to You or incurred in the liquidation of the account Account or the adjustment of the interests of the respective parties. Notwithstanding the governing law provisions of Section 37(j) of this Agreement, the legal ownership of our accounts shall be governed by the internal laws of the state of residence. If the individuals who sign this Agreement are husband and wife and legal residents of a community or marital property state, any securities purchased through You will be registered in our respective names, as shown on the Account, followed by the words "husband and wife as community property" or "community property." In the event of a dispute between or among account holders of which TradeKing Securities has notice, TradeKing Securities reserves the right, but is not obligated, to place restrictions on the Account. For example, if an account holder requests a restriction be placed on access to funds in the Account because of a pending litigation or dispute between account holders, TradeKing Securities may prohibit all transfers of funds from the Account, with such restrictions to remain in place until TradeKing Securities actually receives and has a reasonable amount of time to act on appropriate court documentation or a written, notarized instruction signed by all account holders. In such a case, all account holders remain liable for any pending settlements at the time of the restriction. TradeKing Securities also may, at the expense of the account holders, commence or defend any action or proceeding for or in the nature of interpleader to have the dispute resolved judicially. If a suit or proceeding for or in the nature of interpleader is brought by or against it, TradeKing Securities may deliver the Account into the registry of the court, at which time TradeKing Securities will be deemed to be and will be released and discharged from all further obligations and responsibilities under this Agreement.