Common use of Multiple Account Holders Clause in Contracts

Multiple Account Holders. 9.1. If an Account is jointly held by more than one person, each person individually shall have the authority: (i) to trade for the Account in accordance with the Client Agreement; (ii) to receive all correspondence and documents in respect of the Account; (iii) to receive or withdraw money from the Account; (iv) to execute agreements relating to the Account; and (v) to deal with the Company on an individual basis with respect to all aspects pertaining to the Account. Without prejudice to any other provision of this Agreement, we shall be entitled (but under no circumstances be obliged), however, at our sole discretion, to require joint action by all Account holders in certain Account matters, without being obliged to provide any explanation or justification. 9.2. Furthermore, in those circumstances: (i) the liabilities of each person shall be joint and several; (ii) we may act upon instructions received from any of the persons who is, or appears to the Company to be an Account Holder, without further inquiry with regard to all transactions in any way related to the Account, including without limitation, the placement of Orders and entering into of Transactions and/or Contracts via our Trading Platform, and the disposition of any or all of the assets on the Account; we shall have no responsibility or obligation for further inquiry into such apparent authority, and shall bear no liability for the consequences of any acts or omissions made in reliance upon any such instructions; (iii) any notice and other message presented by us to any one persons who are or appear to the Company to be participating to the Account shall be deemed to have been presented to all the participants; and

Appears in 9 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

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Multiple Account Holders. 9.1. 9.1 If an Account is jointly held by more than one person, each person individually shall have the authority: (i) to trade for the Account in accordance with the Client Agreement; (ii) to receive all correspondence and documents in respect of the Account; (iii) to receive or withdraw money from the Account; (iv) to execute agreements relating to the Account; and (v) to deal with the Company on an individual basis with respect to all aspects pertaining to the Account. Without prejudice to any other provision of this Agreement, we shall be entitled (but under no circumstances be obliged), however, at our sole discretion, to require joint action by all Account holders in certain Account matters, without being obliged to provide any explanation or justification. 9.2. 9.2 Furthermore, in those circumstances: (i) the liabilities of each person shall be joint and several; (ii) we may act upon instructions received from any of the persons who is, or appears to the Company to be an Account Holder, without further inquiry with regard to all transactions in any way related to the Account, including without limitation, the placement of Orders and entering into of Transactions and/or Contracts via our Trading Platform, and the disposition of any or all of the assets on the Account; we shall have no responsibility or obligation for further inquiry into such apparent authority, and shall bear no liability for the consequences of any acts or omissions made in reliance upon any such instructions; (iii) any notice and other message presented by us to any one persons who are or appear to the Company to be participating to the Account shall be deemed to have been presented to all the participants; andand (iv) if any of the Account Holders defaults it shall be deemed to have occurred in respect of all the Account Holders. 9.3 In the event of the death of an Account Holder, the surviving Account Holder(s) shall immediately 9.4 In the event of the death of an Account Holder, the estate of the deceased Account holder and the surviving Account Holders(s) shall continue to be liable, jointly and severally, to us for any obligations incurred prior to our receipt off written notice of the death of the Account Holder, and/or for any costs incurred by the Company, including any reasonable attorney fees, in the liquidation of the Account or adjustment of the interests of the Account Holders.

Appears in 3 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

Multiple Account Holders. 9.1. If an Account is jointly held by more than one person, each person individually shall have the authority: : (i) to trade for the Account in accordance with the Client Agreement; (ii) to receive all correspondence and documents in respect of the Account; (iii) to receive or withdraw money from the Account; (iv) to execute agreements relating to the Account; and (v) to deal with the Company on an individual basis with respect to all aspects pertaining to the Account. Without prejudice to any other provision of this Agreement, we shall be entitled (but under no circumstances be obliged), however, at our sole discretion, to require joint action by all Account holders in certain Account matters, without being obliged to provide any explanation or justification. 9.2. Furthermore, in those circumstances: (i) the liabilities of each person shall be joint and severalsev- eral; (ii) we may act upon instructions received from any of the persons who is, or appears to the Company to be an Account Holder, without further inquiry with regard to all transactions in any way related to the Account, including without limitation, the placement of Orders and entering into of Transactions and/or Contracts via our Trading Platform, and the disposition of any or all of the assets on the Account; we shall have no responsibility or obligation for further fur- ther inquiry into such apparent authority, and shall bear no liability for the consequences of any acts or omissions made in reliance upon any such instructions; (iii) any notice and other message presented by us to any one persons who are or appear to the Company to be participating partic- ipating to the Account shall be deemed to have been presented to all the participants; andand (iv) if any of the Account Holders defaults it shall be deemed to have occurred in respect of all the Account Holders. 9.3. In the event of the death of an Account Holder, the surviving Account Holder(s) shall imme- diately give us written notice thereof, and provide us with proof of a death certificate and we may, before or after receiving such notice, at our sole discretion, take suchproceedings, require such papers and inheritance or estate tax waivers, retain such portion and/or restrict transactions in the Account as we may deem advisable and/or desirable, to protect us against any tax, liability, penalty or loss, under any present or future laws or otherwise. 9.4. In the event of the death of an Account Holder, the estate of the deceased Account holder and the surviving Account Holders(s) shall continue to be liable, jointly and severally, to us for any obligations incurred prior to our receipt off written notice of the death of the Account Holder, and/or for any costs incurred by the Company, including any reasonable attorney fees, in the liquidation of the Account or adjustment of the interests of the Account Holders.

Appears in 2 contracts

Samples: Client Agreement, Client Agreement

Multiple Account Holders. 9.1. 9.1 If an Account is jointly held by more than one person, each person individually shall have the authority: (i) to trade for the Account in accordance with the Client Agreement; (ii) to receive all correspondence and documents in respect of the Account; (iii) to receive or withdraw money from the Account; (iv) to execute agreements relating to the Account; and (v) to deal with the Company on an individual basis with respect to all aspects pertaining to the Account. Without prejudice to any other provision of this Agreement, we shall be entitled (but under no circumstances be obliged), however, at our sole discretion, to require joint action by all Account holders in certain Account matters, without being obliged to provide any explanation or justification. 9.2. 9.2 Furthermore, in those circumstances: (i) the liabilities of each person shall be joint and several; (ii) we may act upon instructions received from any of the persons who is, or appears to the Company to be an Account Holder, without further inquiry with regard to all transactions in any way related to the Account, including without limitation, the placement of Orders and entering into of Transactions and/or Contracts via our Trading Platform, and the disposition of any or all of the assets on the Account; we shall have no responsibility or obligation for further inquiry into such apparent authority, and shall bear no liability for the consequences of any acts or omissions made in reliance upon any such instructions; (iii) any notice and other message presented by us to any one persons who are or appear to the Company to be participating to the Account shall be deemed to have been presented to all the participants; andand (iv) if any of the Account Holders defaults it shall be deemed to have occurred in respect of all the Account Holders. 9.3 In the event of the death of an Account Holder, the surviving Account Holder(s) shall immediately give us written notice thereof, and provide us with proof of a death certificate and we may, before or after receiving such notice, at our sole discretion, take such proceedings, require such papers and inheritance or estate tax waivers, retain such portion and/or restrict transactions in the Account as we may deem advisable and/or desirable, to protect us against any tax, liability, penalty or loss, under any present or future laws or otherwise. 9.4 In the event of the death of an Account Holder, the estate of the deceased Account holder and the surviving Account Holders(s) shall continue to be liable, jointly and severally, to us for any obligations incurred prior to our receipt off written notice of the death of the Account Holder, and/or for any costs incurred by the Company, including any reasonable attorney fees, in the liquidation of the Account or adjustment of the interests of the Account Holders.

Appears in 1 contract

Samples: Client Agreement

Multiple Account Holders. 9.1. If an Account is jointly held by more than one person, each person individually shall have the authority: : (i) to trade for the Account in accordance with the Client Agreement; (ii) to receive all correspondence and documents in respect of the Account; (iii) to receive or withdraw money from the Account; (iv) to execute agreements relating to the Account; and (v) to deal with the Company on an individual basis with respect to all aspects pertaining to the Account. Without prejudice to any other provision of this Agreement, we shall be entitled (but under no circumstances be obliged), however, at our sole discretion, to require joint action by all Account holders in certain Account matters, without being obliged to provide any explanation or justification. 9.2. Furthermore, in those circumstances: (i) the liabilities of each person shall be joint and several; (ii) we may act upon instructions received from any of the persons who is, or appears to the Company to be an Account Holder, without further inquiry with regard to all transactions in any way related to the Account, including without limitation, the placement of Orders and entering into of Transactions and/or Contracts via our Trading Platform, and the disposition of any or all of the assets on the Account; we shall have no responsibility or obligation for further inquiry into such apparent authority, and shall bear no liability for the consequences of any acts or omissions made in reliance upon any such instructions; (iii) any notice and other message presented by us to any one persons who are or appear to the Company to be participating to the Account shall be deemed to have been presented to all the participants; andand (iv) if any of the Account Holders defaults it shall be deemed to have occurred in respect of all the Account Holders. 9.3. In the event of the death of an Account Holder, the surviving Account Holder(s) shall immediately give us written notice thereof, and provide us with proof of a death certificate and we may, before or after receiving such notice, at our sole discretion, take such proceedings, require such papers and inheritance or estate tax waivers, retain such portion and/or restrict transactions in the Account as we may deem advisable and/or desirable, to protect us against any tax, liability, penalty or loss, under any present or future laws or otherwise. 9.4. In the event of the death of an Account Holder, the estate of the deceased Account holder and the surviving Account Holders(s) shall continue to be liable, jointly and severally, to us for any obligations incurred prior to our receipt off written notice of the death of the Account Holder, and/or for any costs incurred by the Company, including any reasonable attorney fees, in the liquidation of the Account or adjustment of the interests of the Account Holders.

Appears in 1 contract

Samples: Client Agreement

Multiple Account Holders. 9.1. If an Account is jointly held by more than one person, each person individually shall have the authority: (i) to trade for the Account in accordance with the Client Agreement; (ii) to receive all correspondence and documents in respect of the Account; (iii) to receive or withdraw money from the Account; (iv) to execute agreements relating to the Account; and (v) to deal with the Company on an individual basis with respect to all aspects pertaining to the Account. Without prejudice to any other provision of this Agreement, we shall be entitled (but under no circumstances be obliged), however, at our sole discretion, to require joint action by all Account holders in certain Account matters, without being obliged to provide any explanation or justification. 9.2. Furthermore, in those circumstances: (i) the liabilities of each person shall be joint and several; (ii) we may act upon instructions received from any of the persons who is, or appears to the Company to be an Account Holder, without further inquiry with regard to all transactions in any way related to the Account, including without limitation, the placement of Orders and entering into of Transactions and/or Contracts via our Trading Platform, and the disposition of any or all of the assets on the Account; we shall have no responsibility or obligation for further inquiry into such apparent authority, and shall bear no liability for the consequences of any acts or omissions made in reliance upon any such instructions; (iii) any notice and other message presented by us to any one persons who are or appear to the Company to be participating to the Account shall be deemed to have been presented to all the participants; andand (iv) if any of the Account Holders defaults it shall be deemed to have occurred in respect of all the Account Holders. 9.3. In the event of the death of an Account Holder, the surviving Account Holder(s) shall immediately give us written notice thereof, and provide us with proof of a death certificate and we may, before or after receiving such notice, at our sole discretion, take such proceedings, require such papers and inheritance or estate tax waivers, retain such portion and/or restrict transactions in the Account as we may deem advisable and/or desirable, to protect us against any tax, liability, penalty or loss, under any present or future laws or otherwise. 9.4. In the event of the death of an Account Holder, the estate of the deceased Account holder and the surviving Account Holders(s) shall continue to be liable, jointly and severally, to us for any obligations incurred prior to our receipt off written notice of the death of the Account Holder, and/or for any costs incurred by the Company, including any reasonable attorney fees, in the liquidation of the Account or adjustment of the interests of the Account Holders.

Appears in 1 contract

Samples: Client Agreement

Multiple Account Holders. 9.1. 9.1 If an Account is jointly held by more than one person, each person individually shall have the authority: (i) to trade for the Account in accordance with the Client Agreement; (ii) to receive all correspondence and documents in respect of the Account; (iii) to receive or withdraw money from the Account; (iv) to execute agreements relating to the Account; and (v) to deal with the Company on an individual basis with respect to all aspects pertaining to the Account. Without prejudice to any other provision of this Agreement, we shall be entitled (but under no circumstances be obliged), however, at our sole discretion, to require joint action by all Account holders in certain Account matters, without being obliged to provide any explanation or justification. 9.2. 9.2 Furthermore, in those circumstances: (i) the liabilities of each person shall be joint and several; (ii) we may act upon instructions received from any of the persons who is, or appears to the Company to be an Account Holder, without further inquiry with regard to all transactions in any way related to the Account, including without limitation, the placement of Orders and entering into of Transactions and/or Contracts via our Trading Platform, and the disposition of any or all of the assets on the Account; we shall have no responsibility or obligation for further inquiry into such apparent authority, and shall bear no liability for the consequences of any acts or omissions made in reliance upon any such instructions; (iii) any notice and other message presented by us to any one persons who are or appear to the Company to be participating to the Account shall be deemed to have been presented to all the participants; andand (iv) if any of the Account Holders defaults it shall be deemed to have occurred in respect of all the Account Holders. 9.3 In the event of the death of an Account Holder, the surviving Account Holder(s) shall immediately give us written notice thereof, and provide us with proof of a death certificate and we may, before or after receiving such notice, at our sole discretion, take such proceedings, require such papers and inheritance or estate tax waivers, retain such portion and/or restrict transactions in the Account as we may deem advisable and/or desirable, to protect us against any tax, liability, penalty or loss, under any present or future laws or otherwise. 9.4 In the event of the death of an Account Holder, the estate of the deceased Account holder and the surviving Account Holders(s) shall continue to be liable, jointly and severally, to us for any obligations

Appears in 1 contract

Samples: Client Agreement

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Multiple Account Holders. 9.1. If an Account is jointly held by more than one person, each person individually shall have the authority: : (i) to trade for the Account in accordance with the Client Agreement; (ii) to receive all correspondence and documents in respect of the Account; (iii) to receive or withdraw money from the Account; (iv) to execute agreements relating to the Account; and (v) to deal with the Company on an individual basis with respect to all aspects pertaining to the Account. Without prejudice to any other provision of this Agreement, we shall be entitled (but under no circumstances be obliged), however, at our sole discretion, to require joint action by all Account holders in certain Account matters, without being obliged to provide any explanation or justificationjustification. 9.2. Furthermore, in those circumstances: (i) the liabilities of each person shall be joint and severalsev- eral; (ii) we may act upon instructions received from any of the persons who is, or appears to the Company to be an Account Holder, without further inquiry with regard to all transactions in any way related to the Account, including without limitation, the placement of Orders and entering into of Transactions and/or Contracts via our Trading Platform, and the disposition of any or all of the assets on the Account; we shall have no responsibility or obligation for further fur- ther inquiry into such apparent authority, and shall bear no liability for the consequences of any acts or omissions made in reliance upon any such instructions; (iii) any notice and other message presented by us to any one persons who are or appear to the Company to be participating partic- ipating to the Account shall be deemed to have been presented to all the participants; andand (iv) if any of the Account Holders defaults it shall be deemed to have occurred in respect of all the Account Holders. 9.3. In the event of the death of an Account Holder, the surviving Account Holder(s) shall imme- diately give us written notice thereof, and provide us with proof of a death certificate and we may, before or after receiving such notice, at our sole discretion, take suchproceedings, require such papers and inheritance or estate tax waivers, retain such portion and/or restrict transactions in the Account as we may deem advisable and/or desirable, to protect us against any tax, liability, penalty or loss, under any present or future laws or otherwise. 9.4. In the event of the death of an Account Holder, the estate of the deceased Account holder and the surviving Account Holders(s) shall continue to be liable, jointly and severally, to us for any obligations incurred prior to our receipt off written notice of the death of the Account Holder, and/or for any costs incurred by the Company, including any reasonable attorney fees, in the liquidation of the Account or adjustment of the interests of the Account Holders.

Appears in 1 contract

Samples: Client Agreement

Multiple Account Holders. 9.1. If an Account is jointly held by more than one person, each person individually shall have the authority: : (i) to trade for the Account in accordance with the Client Agreement; (ii) to receive all correspondence and documents in respect of the Account; (iii) to receive or withdraw money from the Account; (iv) to execute agreements relating to the Account; and (v) to deal with the Company on an individual basis with respect to all aspects pertaining to the Account. Without prejudice to any other provision of this Agreement, we shall be entitled (but under no circumstances be obliged), however, at our sole discretion, to require joint action by all Account holders in certain Account matters, without being obliged to provide any explanation or justification. 9.2. Furthermore, in those circumstances: (i) the liabilities of each person shall be joint and several; (ii) we may act upon instructions received from any of the persons who is, or appears to the Company to be an Account Holder, without further inquiry with regard to all transactions in any way related to the Account, including without limitation, the placement of Orders and entering into of Transactions and/or Contracts via our Trading Platform, and the disposition of any or all of the assets on the Account; we shall have no responsibility or obligation for further inquiry into such apparent authority, and shall bear no liability for the consequences of any acts or omissions made in reliance upon any such instructions; (iii) any notice and other message presented by us to any one persons who are or appear to the Company to be participating to the Account shall be deemed to have been presented to all the participants; and

Appears in 1 contract

Samples: Client Agreement

Multiple Account Holders. 9.1. 9.1 If an Account is jointly held by more than one person, each person individually shall have the authority: (i) to trade for the Account in accordance with the Client Agreement; (ii) to receive all correspondence and documents in respect of the Account; (iii) to receive or withdraw money from the Account; (iv) to execute agreements relating to the Account; and (v) to deal with the Company on an individual basis with respect to all aspects pertaining to the Account. Without prejudice to any other provision of this Agreement, we shall be entitled (but under no circumstances be obliged), however, at our sole discretion, to require joint action by all Account holders in certain Account matters, without being obliged to provide any explanation or justification. 9.2. 9.2 Furthermore, in those circumstances: (i) the liabilities of each person shall be joint and several; (ii) we may act upon instructions received from any of the persons who is, or appears to the Company to be an Account Holder, without further inquiry with regard to all transactions in any way related to the Account, including without limitation, the placement of Orders and entering into of Transactions and/or Contracts via our Trading Platform, and the disposition of any or all of the assets on the Account; we shall have no responsibility or obligation for further inquiry into such apparent authority, and shall bear no liability for the consequences of any acts or omissions made in reliance upon any such instructions; (iii) any notice and other message presented by us to any one persons who are or appear to the Company to be participating to the Account shall be deemed to have been presented to all the participants; andand (iv) if any of the Account Holders defaults it shall be deemed to have occurred in respect of all the Account Holders. 9.3 In the event of the death of an Account Holder, the surviving Account Holder(s) shall immediately give us written notice thereof, and provide us with proof of a death certificate and we may, before or after receiving such notice, at our sole discretion, take such proceedings, require such papers and inheritance or estate tax waivers, retain such portion and/or restrict transactions in the Account as we may deem advisable and/or desirable, to protect us against any tax, liability, penalty or loss, under any present or future laws or otherwise. 9.4 In the event of the death of an Account Holder, the estate of the deceased Account holder and the surviving Account Holders(s) shall continue to be liable, jointly and severally, to us for any obligations incurred prior to

Appears in 1 contract

Samples: Tio Markets Agreement

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