LIABILITY OF JOINT ACCOUNT HOLDERS Sample Clauses

LIABILITY OF JOINT ACCOUNT HOLDERS. Holders of joint accounts to which Card transactions are posted shall be jointly and severally liable for damages resulting from the responsibility of the Cardholders regarding to the use and safekeeping of the Card, until such time as: 8.1. the Card is returned to the Bank or 8.2. the Card expires or 8.3. the joint Account is closed or
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LIABILITY OF JOINT ACCOUNT HOLDERS. The joint Account holders are jointly and severally liable to the Firm for any debts, obligations or liabilities arising in connection with the Account. Each joint Account holder jointly and severally agrees to indemnify and hold the Firm harmless from, and to promptly pay the Firm on demand, any and all losses arising from the joint Account or any debit balance due thereon. As continuing collateral security for the payment of such debts, obligations or liabilities, which are now or which may in the future be owing by each joint Account holder to the Firm, each joint Account holder pledges to the Firm all of the joint Account holders’ collateral, whether held in the Account or in any other Account with the Firm in which any of the joint Account holders have an interest and whether or not any amount owing relates to the collateral pledged. This security is in addition to and not in substitution for the rights and remedies the Firm otherwise would have.
LIABILITY OF JOINT ACCOUNT HOLDERS. A joint account shall not be approved as a Designated Account unless such joint account may be operated by any account holder singly. Where any joint account is converted to a joint account which may be operated by both account holders jointly, we may at our absolute sole discretion, terminate any Card and any Tokenised Card associated with such joint account, and terminate such cards’ participation in any Digital Payment Service, and such joint account shall cease to be a Designated Account. Where the Designated Account is in joint names and may be operated by any account holder singly, we may at our absolute sole discretion, at the request of any holder of the Designated Account, issue the Card(s) to such holder, and/or allow such holder to enrol such Card(s) on his/her own Enabled Device through any Digital Payment Service. All the account holders of the joint Designated Account are jointly and severally liable for, and must pay us on demand, any and all amounts due and owing on the Card and/or Designated Account and/or under this Agreement (including where such amounts arise from Card Transactions made via any Enabled Device(s)), as if each account holder of the joint Designated Account is the Principal Cardmember.
LIABILITY OF JOINT ACCOUNT HOLDERS. A joint account shall not be approved as a Designated Account unless such joint account may be operated by any account holder singly. Where the Designated Account is in joint names and may be operated by any account holder singly, we may at our absolute sole discretion, at the request of any holder of the Designated Account, issue the Card(s) to such holder. All the account holders of the joint Designated Account are jointly and severally liable for, and must pay us on demand, any and all amounts due and owing on the Card and/or Designated Account and/or under this Agreement, as if each account holder of the joint Designated Account is the Principal Cardmember.
LIABILITY OF JOINT ACCOUNT HOLDERS. 10.1 Holders of joint account to which Card transaction are posted shall be jointly and severally liable for damages resulting from the responsibility of the cardholder as regard the use and safekeeping of the card, until such time as: (i) the card is returned to the MCB or (ii) the card expires or (iii) the account is closed or (iv) it has been proved to the MCB’s satisfaction that the following parties, in addition to the MCB itself, have received notification that the joint account covenant is being terminated: (a) the cardholder or cardholders or (b) all other joint account holders
LIABILITY OF JOINT ACCOUNT HOLDERS. 聯名賬戶之責任 3.1 The Clients hereby state that the Clients are joint tenants, the Clients’ liability hereunder shall be joint and several. This means that CCS has at its absolute discretion the right to go against any one of them for the whole liability. In the event of the death of any one of the Clients, in the case of a joint tenancy the estate of the deceased shall remain so liable in respect of any obligations, debit balance or loss incurred before or existing at the death of the deceased in respect of any account opened on the Clients’ behalf. 客戶特此聲明,客戶是聯權共有人,客戶對本協議所訂責任仍然各自及連同負責。意指凱匯資本絕對有酌情決定權力起訴聯名賬戶中之任何一人以追索其法律責任。如客戶中有一人死亡,而客戶又屬聯權共有人,則死者遺產對其生前或死亡當日賬戶內經已存在之一切債務、欠款或虧損繼續負責。 3.2 The Clients hereby ratify and confirm all transactions heretofore entered into by any of the Clients in respect of any account opened on the Clients’ behalf. This Section shall be binding upon each of the Clients and the Clients’ respective heirs, legal representatives and assigns. 客戶特此追認及證實在此之前賬戶內所列一切交易。本部份對客戶中每一人及其個別繼承人,法定代表及財產受讓人均有約束效力。 3.3 Each of the Clients and guarantors will remain individually responsible for the full amount of all liabilities under or in connection with this Agreement even if they cease to be partners (for example in the event of separation or divorce), unless CCS agrees otherwise in writing. 每位客戶及擔保人會維持以個人身份承擔一切之法律責任,直至根據或與本協議有關連之全數負債償還,即使他們現時不再是合夥人(例如分居或離婚的情況下),除非凱匯資本以書面同意另行安排。
LIABILITY OF JOINT ACCOUNT HOLDERS. A joint account shall not be used as a Designated Account unless such joint account may be operated by any account holder singly. Where the Designated Account is in joint names and may be operated by any account holder singly, the Bank may at its absolute sole discretion, at the request of any holder of the Designated Account, issue a Debit Card to each of them. All the account holders of the joint Designated Account are jointly and severally liable for, and shall pay the Bank on demand, any and all amounts due and owing on the Debit Card and/or Designated Account and/or under this Agreement.
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LIABILITY OF JOINT ACCOUNT HOLDERS. The Joint Account Holders are jointly and severally liable to ShareOwner for any debts, obligations or liabilities arising in connection with the Account. Each Joint Account Holder jointly and severally agrees to indemnify and hold ShareOwner harmless from, and to promptly pay ShareOwner on demand, any and all losses arising from the Joint Account or any debit balance due thereon. As continuing collateral security for the payment of such debts, obligations or liabilities, which are now or which may in the future be owing by each Joint Account Holder to ShareOwner, each Joint Account Holder hereby pledges to ShareOwner all of the Joint Account Holders’ Collateral, whether held in the Account or in any other account with ShareOwner in which any of the Joint Account Holders’ have an interest and whether or not any amount owing relates to the Collateral pledged. This security is in addition to and not in substitution for the rights and remedies ShareOwner otherwise would have.
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