Common use of JOINT ACCOUNTS AND/OR TRUST ACCOUNTS Clause in Contracts

JOINT ACCOUNTS AND/OR TRUST ACCOUNTS. If more than one natural person executes this Agreement as Customer, all such natural persons agree to be jointly and severally liable for the obligations assumed in this Agreement. If this Agreement is executed by a trust, unincorporated association, partnership, custodian or other fiduciary, such Customer hereby agrees to indemnify, defend, save and hold free and harmless Direct Trading Technologies Ltd for any liabilities, claims, losses, damages costs and expenses, including attorneys' fees, resulting directly or indirectly from breach of any fiduciary or similar duty or obligation or any allegation thereof, including attorneys' fees. **Note>> Direct Trading Technologies Ltd does not offer Joint/Trust accounts for Retail forex traders. Joint/Trust accounts are available for Professional forex traders only and are accompanied by an additional special 'Joint-Account' service agreement.

Appears in 4 contracts

Samples: Terms of Service Agreement, Terms of Service Agreement, Terms of Service Agreement

AutoNDA by SimpleDocs

JOINT ACCOUNTS AND/OR TRUST ACCOUNTS. If more than one natural person executes this Agreement as Customer, all such natural persons agree to be jointly and severally liable for the obligations assumed in this Agreement. If this Agreement is executed by a trust, unincorporated association, partnership, custodian or other fiduciary, such Customer hereby agrees to indemnify, defend, save and hold free and harmless Direct Trading Technologies Ltd Bridge Markets LTD for any liabilities, claims, losses, damages costs and expenses, including attorneys' fees, resulting directly or indirectly from breach of any fiduciary or similar duty or obligation or any allegation thereof, including attorneys' fees. **Note>> Direct Trading Technologies Ltd Bridge Markets LTD does not offer Joint/Trust accounts for Retail forex traders. Joint/Trust accounts are available for Professional forex traders only and are accompanied by an additional special 'Joint-Account' service agreement.

Appears in 1 contract

Samples: bridgemarkets.eu

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.