Common use of Joint Signatories Clause in Contracts

Joint Signatories. (a) Where this Agreement is signed by or on behalf of a corporation or otherwise by or on behalf of more than one person, any liability arising hereunder shall be deemed to be the joint and several liabilities of the directors and / or partners in the corporation or of such persons as aforesaid; (b) If this Agreement is signed by or on behalf of more than one person (such persons being hereinafter referred to as the “Original Signatories”) and any one or more of the Original Signatories is not bounded by this Agreement (whether by reason of his lack of capacity or improper execution of this Agreement or for any other reason whatever), the remaining Original Signatory or Signatories shall continue to be bounded by this Agreement as if such other Original Signatory or Signatories had never been a party hereto; (c) Where this Agreement is signed by or on behalf of more than one person, on the death of any such person, the interest of the deceased in any of the securities in the Account held by PCSL, will automatically pass to the benefit of the survivors;

Appears in 2 contracts

Samples: Client Account Agreement, Client Account Agreement

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Joint Signatories. (a) Where this Agreement is signed by or on behalf of a corporation firm or otherwise by or on behalf of more than one person, any liability arising hereunder shall be deemed to be the joint and several liabilities liability of the directors and / or partners in the corporation firm or of such persons as aforesaid;. (b) If this Agreement is signed by or on behalf of more than one person (such persons being hereinafter referred to as the “Original Signatories”) and any one or more of the Original Signatories is not bounded bound by this Agreement (whether by reason of his or their lack of capacity or improper execution of this Agreement or for any other reason whatever), the remaining Original Signatory or Signatories shall continue to be bounded bound by this Agreement as if such other Original Signatory or Signatories had never been a party hereto;. (c) Where this Agreement is signed by or on behalf of more than one person, on the death of any such person, person the interest of the deceased in any of the securities in the Account held by PCSLPRU, your agents or nominees will automatically pass ensure to the benefit of the survivors;.

Appears in 2 contracts

Samples: Client’s Account Agreement, Client’s Account Agreement

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Joint Signatories. (a) Where this Agreement is signed by or on behalf of a corporation firm or otherwise by or on behalf of more than one person, any liability arising hereunder shall be deemed to be the joint and several liabilities of the directors and / or partners in the corporation firm or of such persons as aforesaid;. (b) If this Agreement is signed by or on behalf of more than one person (such persons being hereinafter referred to as the “Original Signatories”) and any one or more of the Original Signatories is not bounded bound by this Agreement (whether by reason of his or their lack of capacity or improper execution of this Agreement or for any other reason whatever), the remaining Original Signatory or Signatories shall continue to be bounded bound by this Agreement as if such other Original Signatory or Signatories had never been a party hereto;. (c) Where this Agreement is signed by or on behalf of more than one person, on the death of any such person, person the interest of the deceased in any of the securities in the Account held by PCSLMAGUSTA, your agents or nominees will automatically pass ensure to the benefit of the survivors;.

Appears in 1 contract

Samples: Securities Cash Trading Agreement

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