Common use of Joint Owners Clause in Contracts

Joint Owners. 6.3.1. Joint Owners acknowledge that: (a) All of the Joint Owners shall be jointly and severally liable for the obligations assumed in this Agreement; (b) Each joint owner shall be required to separately complete the Registration Process; (c) Any one or more Joint Owners shall have the authority to act on behalf of all Joint Owners, all without notice to the other Joint Owners; (d) Each Joint Owner hereby appoints each and every other Joint Owner as his/her agent and confers upon each and every Joint Owner the broadest possible power with respect to the Account; (e) The Company is authorized to act on the instructions of any Joint Owner, without further inquiry with regard to all Transactions, including without limitation, any transfer of funds, the placement of Orders and the disposition of any or all assets in the Account. The Company shall have no responsibility for further inquiry into such apparent authority, and shall bear no liability for the consequences of its acts or omissions made in reliance upon any such Instructions; (f) Each Joint Owner agrees to indemnify and save the Company harmless from and against any and all claims that may arise as a result of the Company following the Instructions given to it by any Joint Owner.

Joint Owners. 6.3.17.3.1. Joint Owners acknowledge that: (ai) All of the Joint Owners shall be jointly and severally liable for the obligations assumed in this Agreement; (bii) Each joint owner shall be required to separately complete the Registration Process; (ciii) Any one or more Joint Owners shall have the authority to act on behalf of all Joint Owners, all without notice to the other Joint Owners; (div) Each Joint Owner hereby appoints each and every other Joint Owner as his/her agent and confers upon each and every Joint Owner the broadest possible power with respect to the Account; (ev) The Company is authorized to act on the instructions of any Joint Owner, without further inquiry with regard to all Transactions, including without limitation, any transfer of funds, the placement of Orders and the disposition of any or all assets in the Account. The Company shall have no responsibility for further inquiry into such apparent authority, and shall bear no liability for the consequences of its acts or omissions made in reliance upon any such Instructions; (fvi) Each Joint Owner agrees to indemnify and save the Company harmless from and against any and all claims that may arise as a result of the Company following the Instructions given to it by any Joint Owner.