Multiple Account Holders – Joint Accounts. 43.1. Where the Client comprises two or more persons and/or in the case of a joint account, the liabilities and obligations under the Agreement shall be joint and several. Any warning or other notice given to one of the persons which form the Client shall be deemed to have been given to all the persons who form the Client. Any Order given by one of the persons who form the Client shall be deemed to have been given by all the persons who form the Client. 43.2. The persons who form the same Client by all being part of a joint account (the multiple account holders) acknowledge that they equally have access and powers over the joint account and therefore, withdrawal of profits and placing of trades by any one of them is entirely their liability and responsibility and the Company is not liable for any losses that the Client of the joint account may incur as a result of one of the persons forming the Client acting on the Trading Account in any way. The Company may accept instructions by any of the persons being part of the Client under a joint account as if it was requested by all the persons whom the joint account belongs to. 43.3. In the event of the death or mental incapacity of one of the persons who form the Client, all funds held by the Company or its nominee, will be for the benefit and at the order of the survivor(s) and all obligations and liabilities owed to the Company will be owed by such survivor(s).
Appears in 2 contracts
Samples: Client Agreement, Client Agreement
Multiple Account Holders – Joint Accounts. 43.141.1. Where the Client comprises two or more persons and/or in the case of a joint account, the liabilities and obligations under the Agreement shall be joint and several. Any warning or other notice given to one of the persons which form the Client shall be deemed to have been given to all the persons who form the Client. Any Order given by one of the persons who form the Client shall be deemed to have been given by all the persons who form the Client.
43.241.2. The persons who form the same Client by all being part of a joint account (the multiple account holders) acknowledge that they equally have access and powers over the joint account and therefore, ,withdrawal of profits and placing of trades by any one of them is entirely their liability and responsibility and the Company is not liable for any losses that the Client of the joint account may incur as a result of one of the persons forming the Client acting on the Trading Account in any wayanyway. The Company may accept instructions by any of the persons being part of the Client under a joint account as if it was requested by all the persons whom the joint account belongs to.
43.341.3. In the event of the death or mental incapacity of one of the persons who form the Client, all funds held by the Company or its nominee, nominee will be for the benefit and at the order of the survivor(s) other part and all obligations and liabilities owed to the Company will be owed by such survivor(s)the other part.
Appears in 2 contracts
Samples: Client Agreement, Client Agreement
Multiple Account Holders – Joint Accounts. 43.141.1. Where the Client comprises two or more persons and/or in the case of a joint account, the liabilities and obligations under the Agreement shall be joint and several. Any warning or other notice given to one of the persons which form the Client shall be deemed to have been given to all the persons who form the Client. Any Order given by one of the persons who form the Client shall be deemed to have been given by all the persons who form the Client.
43.241.2. The persons who form the same Client by all being part of a joint account (the multiple account holders) acknowledge that they equally have access and powers over the joint account and therefore, withdrawal of profits and placing of trades by any one of them is entirely their liability and responsibility and the Company is not liable for any losses that the Client of the joint account may incur as a result of one of the persons forming the Client acting on the Trading Account in any wayanyway. The Company may accept instructions by any of the persons being part of the Client under a joint account as if it was requested by all the persons whom the joint account belongs to.
43.341.3. In the event of the death or mental incapacity of one of the persons who form the Client, all funds held by the Company or its nominee, nominee will be for the benefit and at the order of the survivor(s) other part and all obligations and liabilities owed to the Company will be owed by such survivor(s)the other part.
Appears in 1 contract
Samples: Client Agreement
Multiple Account Holders – Joint Accounts. 43.1. Where the Client comprises two or more persons and/or in the case of a joint account, the liabilities and obligations under the Agreement shall be joint and several. Any warning or other notice given to one of the persons which form the Client shall be deemed to have been given to all the persons who form the Client. Any Order given by one of the persons who form the Client shall be deemed to have been given by all the persons who form the Client.
43.243.1. The persons who form the same Client by all being part of a joint account (the multiple account holders) acknowledge that they equally have access and powers over the joint account and therefore, withdrawal of profits and placing of trades by any one of them is entirely their liability and responsibility and the Company is not liable for any losses that the Client of the joint account may incur as a result of one of the persons forming the Client acting on the Trading Account in any way. The Company may accept instructions by any of the persons being part of the Client under a joint account as if it was requested by all the persons whom the joint account belongs to.
43.343.2. In the event of the death or mental incapacity of one of the persons who form the Client, all funds held by the Company or its nominee, will be for the benefit and at the order of the survivor(s) and all obligations and liabilities owed to the Company will be owed by such survivor(s).
Appears in 1 contract
Samples: Client Agreement
Multiple Account Holders – Joint Accounts. 43.11.1. Where the Client comprises two or more persons and/or in the case of a joint account, the liabilities and obligations under the Agreement shall be joint and several. Any warning or other notice given to one of the persons which form the Client shall be deemed to have been given to all the persons who form the Client. Any Order given by one of the persons who form the Client shall be shallbe deemed to have been given by all the persons who form the Client.
43.21.2. The persons who form the same Client by all being part of a joint account (the multiple account holders) acknowledge that they equally have access and powers over the joint account and therefore, withdrawal of profits and placing of trades by any one of them is entirely their liability and responsibility and the Company is not liable for any losses that the Client of the joint account may incur as a result of one of the persons forming the Client acting on the Trading Account in any wayanyway. The Company may accept instructions by any of the persons being part of the Client under a joint account as if it was requested by all the persons whom the joint account belongs to.
43.31.3. In the event of the death or mental incapacity of one of the persons who form the Client, all funds held by the Company or its nominee, will be for the benefit and at the order of the survivor(s) other part and all obligations and liabilities owed to the Company will be owed by such survivor(s)the other part.
Appears in 1 contract
Samples: Client Agreement
Multiple Account Holders – Joint Accounts. 43.141.1. Where the Client comprises two or more persons and/or in the case of a joint account, the liabilities and obligations under the Agreement shall be joint and several. Any warning or other notice given to one of the persons which form the Client shall be deemed to have been given to all the persons who form the Client. Any Order given by one of the persons who form the Client shall be shallbe deemed to have been given by all the persons who form the Client.
43.241.2. The persons who form the same Client by all being part of a joint account (the multiple account holders) acknowledge that they equally have access and powers over the joint account and therefore, withdrawal of profits and placing of trades by any one of them is entirely their liability and responsibility and the Company is not liable for any losses that the Client of the joint account may incur as a result of one of the persons forming the Client acting on the Trading Account in any wayanyway. The Company may accept instructions by any of the persons being part of the Client under a joint account as if it was requested by all the persons whom the joint account belongs to.
43.341.3. In the event of the death or mental incapacity of one of the persons who form the Client, all funds held by the Company or its nominee, will be for the benefit and at the order of the survivor(s) and other partand all obligations and liabilities owed to the Company will be owed by such survivor(s)the other part.
Appears in 1 contract
Samples: Client Agreement