Common use of Joint Account Holders Clause in Contracts

Joint Account Holders. 32.1 The Company can accept instructions from any one joint account holder in a Client Account: a. to withdraw amounts from a Client Account; b. to provide information about the Client Account; or c. to close any Client Accounts. 32.2 The Company may not process an instruction relating to a joint account: a. if it suspects fraud or criminal activity; b. if an instruction is unclear; c. if the Company is aware of or suspects a dispute between joint account holders (whether or not related to a specific instruction). 32.3 Debts, liabilities and obligations under this Agreement shall be joint and several to each joint account holder in a Client Account. This means that the Company can demand repayment of the full amount of the debt from all or any joint account holders, and not just a proportion from each joint account holder, even if not aware of the debt.

Joint Account Holders. 32.1 33.1 The Company can accept instructions from any one joint account holder in a Client Account: a. to withdraw amounts from a Client Account; b. to provide information about the Client Account; or c. to close any Client Accounts. 32.2 33.2 The Company may not process an instruction relating to a joint account: a. if it suspects fraud or criminal activity; b. if an instruction is unclear; c. if the Company is aware of or suspects a dispute between joint account holders (whether or not related to a specific instruction). 32.3 33.3 Debts, liabilities and obligations under this Agreement shall be joint and several to each joint account holder in a Client Account. This means that the Company can demand repayment of the full amount of the debt from all or any joint account holders, and not just a proportion from each joint account holder, even if not aware of the debt.