Common use of Joint Account Holders Clause in Contracts

Joint Account Holders. Where an Account is held jointly, this Agreement shall bind them jointly and severally and each of those persons is authorised to give instructions in relation to the Account unless MTC is otherwise advised in writing. MTC is not required to verify that each Client approves instructions taken and may take instruction and any one of the persons named as Joint Account Holders may act as the Client and may give effective and final discharge of any of MTC’s obligations.