Common use of Other Terms Applicable To Joint Accounts Clause in Contracts

Other Terms Applicable To Joint Accounts. You, hereby (and each of You, singly) agree with these joint account provisions with the understanding that the following conditions apply to the type of joint account You have indicated on the attached application: Joint with Right of Survivorship (JT TEN) - Your interests in it being as joint tenants and not as tenants in common so that on the death of either of You the survivor will be the sole owner of whatever monies and property may remain to the credit of the account. Joint - Tenants by Entirety (TEN ENT) - Your interests in it being tenants by the entirety so that on the death of either of You the survivor will be the sole owner of whatever monies and property may remain to the credit of the account. May be created only between spouses. Joint - Tenants in Common (TEN COM) - Your interests in it being tenants in common so that each of You owns a divisible interest.

Other Terms Applicable To Joint Accounts. You, hereby (and each of You, singly) agree with these joint account provisions with the understanding that the following conditions apply to the type thetype of joint account You have indicated on the attached theattached application: Joint with Right of Survivorship (JT TENXX XXX) - Your interests in it being as joint tenants and not as tenants in common so that on the death of either of You the survivor will be the sole owner of whatever monies and property may remain to the credit of the account. Joint - Tenants by Entirety (TEN ENT) - Your interests in it being tenants by the entirety so that on the death of either of You the survivor will be the sole owner of whatever monies and property may remain to the credit of the accounttheaccount. May be created only between spouses. Joint - Tenants in Common (TEN COM) - Your interests in it being tenants in common so that each of You owns a divisible interest.