Common use of JOINT ACCOUNT OWNERS Clause in Contracts

JOINT ACCOUNT OWNERS. If this Account is held by more than one (1) person, all the joint holders agree to be jointly and severally liable for the obligations assumed in this Agreement. If this Account is held in trust, joint ownership, or partnership, the undersigned xxxxxx agrees to indemnify, defend, and hold harmless The Company for any losses resulting from breach of any fiduciary duty of the undersigned to the other holders and beneficiaries of this Account. Further, any one or more of the joint owners shall have full authority for the Account and risk of the Account owners, to buy, sell, and trade in transactions of foreign currencies or off- exchange options, to deposit with and withdraw from Evalanch Ltd, currencies, securities, negotiable instruments, and other property, including withdrawals to or for the individual use or Account of the party directing the sale or of any other party, to receive and acquiesce in the correctness of notices, confirmations, requests, demands and all other forms of communications, and to settle, compromise, adjust, and give releases with respect to any and all claims, demands, disputes, and controversies. Upon death or legal incapacity of any of the undersigned, The Company is authorized to take such action in regard to the Account, as The Company may deem advisable to protect itself against any liability, penalty or loss. Customer agrees to notify The Company immediately upon the death or legal incapacity of any joint owner. The Company may terminate this Agreement by written notice to any one of the joint owners. In the event that The Company receives a notice of a dispute between or conflicting instructions from joint account holders, The Company may, but is not required to, place restrictions on the account, including restrictions on withdrawals or transfers from an account, until The Company receives satisfactory documentations that the dispute has been resolved or all joint account holders give The Company instructions.

JOINT ACCOUNT OWNERS. If this Account is held by more than one (1) person, all of the joint holders agree to be jointly and severally liable for the obligations assumed in this Agreement. If this Account is held in trust, joint ownership, or partnership, the undersigned xxxxxx hereby agrees to indemnify, defend, defend and hold harmless The Company QFS for any losses resulting from breach of any fiduciary duty of the undersigned to the other holders and beneficiaries of this Account. Further, any one or more of the joint owners shall have full authority for the Account and risk of the Account owners, to buy, sell, and trade in transactions of foreign currencies or off- off-exchange options, to deposit with and withdraw from Evalanch LtdQFS, currencies, securities, negotiable instruments, and other property, including withdrawals to or for the individual use or Account of the party directing the sale or of any other party, to receive and acquiesce in the correctness of notices, confirmations, requests, demands and all other forms of communications, and to settle, compromise, adjust, and give releases with respect to any and all claims, demands, disputes, and controversies. Upon death or legal incapacity of any of the undersigned, The Company QFS is authorized to take such action in regard to the Account, as The Company QFS may deem advisable to protect itself against any liability, penalty or loss. Customer agrees to notify The Company QFS immediately upon the death or legal incapacity of any joint owner. The Company QFS may terminate this Agreement by written notice to any one of the joint owners. In the event that The Company QFS receives a notice of a dispute between or conflicting instructions from joint account holders, The Company QFS may, but is not required to, place restrictions on the account, including restrictions on withdrawals or transfers from an account, until The Company QFS receives satisfactory documentations that the dispute has been resolved or all joint account holders give The Company QFS instructions.

JOINT ACCOUNT OWNERS. If this Account is held by more than one (1) person, all of the joint holders agree to be jointly and severally liable for the obligations assumed in this Agreement. If this Account is held in trust, joint ownership, or partnership, the undersigned xxxxxx hereby agrees to indemnify, defend, defend and hold harmless The Company Xxxxxx for any losses resulting from breach of any fiduciary duty of the undersigned to the other holders and beneficiaries of this Account. Further, any one or more of the joint owners shall have full authority for the Account and risk of the Account owners, to buy, sell, and trade in transactions of foreign currencies or off- exchange options, to deposit with and withdraw from Evalanch LtdXxxxxx, currencies, securities, negotiable instruments, and other property, including withdrawals to or for the individual use or Account of the party directing the sale or of any other party, to receive and acquiesce in the correctness of notices, confirmations, requests, demands and all other forms of communications, and to settle, compromise, adjust, and give releases with respect to any and all claims, demands, disputes, and controversies. Upon death or legal incapacity of any of the undersigned, The Company Xxxxxx is authorized to take such action in regard to the Account, as The Company Xxxxxx may deem xxxx advisable to protect itself against any liability, penalty or loss. Customer agrees to notify The Company Xxxxxx immediately upon the death or legal incapacity of any joint owner. The Company Xxxxxx may terminate this Agreement by written notice to any one of the joint owners. In the event that The Company Xxxxxx receives a notice of a dispute between or conflicting instructions from joint account holders, The Company Xxxxxx may, but is not required to, place restrictions on the account, including restrictions on withdrawals or transfers from an account, until The Company Xxxxxx receives satisfactory documentations that the dispute has been resolved or all joint account holders give The Company Xxxxxx instructions.

JOINT ACCOUNT OWNERS. If this Account is held by more than one (1) person, all of the joint holders agree to be jointly and severally liable for the obligations assumed in this Agreement. If this Account is held in trust, joint ownership, or partnership, the undersigned xxxxxx agrees to indemnify, defend, defend and hold harmless The Company QFS for any losses resulting from breach of any fiduciary duty of the undersigned to the other holders and beneficiaries of this Account. Further, any one or more of the joint owners shall have full authority for the Account and risk of the Account owners, to buy, sell, and trade in transactions of foreign currencies or off- off-exchange options, to deposit with and withdraw from Evalanch LtdQFS, currencies, securities, negotiable instruments, and other property, including withdrawals to or for the individual use or Account of the party directing the sale or of any other party, to receive and acquiesce in the correctness of notices, confirmations, requests, demands and all other forms of communications, and to settle, compromise, adjust, and give releases with respect to any and all claims, demands, disputes, and controversies. Upon death or legal incapacity of any of the undersigned, The Company QFS is authorized to take such action in regard to the Account, as The Company QFS may deem advisable to protect itself against any liability, penalty or loss. Customer agrees to notify The Company QFS immediately upon the death or legal incapacity of any joint owner. The Company QFS may terminate this Agreement by written notice to any one of the joint owners. In the event that The Company QFS receives a notice of a dispute between or conflicting instructions from joint account holders, The Company QFS may, but is not required to, place restrictions on the account, including restrictions on withdrawals or transfers from an account, until The Company QFS receives satisfactory documentations that the dispute has been resolved or all joint account holders give The Company QFS instructions.