Ownership of Accounts. In the event of termination, so long as Producer has promptly accounted for and paid all premiums or return commissions for which it may be liable, the Producer’s records and use and control of expiration, shall remain the property of Producer; otherwise, use of records and control of expirations shall be vested promptly and exclusively in Broker.
Ownership of Accounts. Lessee shall furnish information necessary for the printing of all Operating Account checks, which will bear the name of the Hotel. All bank accounts (including the Operating Account but excluding the Reserve Fund), bank balances, bank statements, advice, paid checks, blank checks and other related records established in connection with operation of the Hotel or the ownership of the Property shall be the sole property of Lessee and/or any designee of Lessee.
Ownership of Accounts. JOINT ACCOUNTS The co-owners of a joint account are those persons whose names appear on the joint account and who have signed the account signature card as co-owners. All funds in the account are owned jointly by the co-owners, regardless of who makes the deposit or whose money is deposited. Each co-owner has the right to withdraw funds from the account without limit and without the knowledge or consent of any other co-owner. We are authorized to recognize the signature and comply with the instructions of any co-owner or authorized signer or agent as to matters affecting the account. Each co-owner appoints each other co-owner as his or her agent. Any co-owner may appoint agents, authorized signers or attorneys-in-fact for the account. Once a joint account is opened, one co-owner cannot remove another from the account unless the other party agrees and we accept such change. Each co-owner agrees to notify us promptly of the death of another co-owner. The treatment of the account upon the death of a co-owner depends upon the type of joint account created.
Ownership of Accounts a. All Accounts opened in connection with the Purchase Program are non-transferable and non-assignable by the Accountholder. Accountholder will be responsible for all charges incurred through the use of the Account opened under the Purchase Program no matter how it is incurred or who has incurred it.
Ownership of Accounts. Signature Card The signature card you sign or your online acknowledgment when you open the account shows the type of account and the form of its ownership. We may rely on the signature card or online acknowl- edgement to determine who has access to the funds in the account and how the account is to be administered by us. Individual Accounts By opening an account that is designated as an individual account on the signature card or your online acknowledgment, you are con- sidered by us to be the sole owner of the account. No other person can use the account unless you have granted that person a power of attorney as described below; however, that person would still have no ownership interest in the account. Joint Accounts
Ownership of Accounts. We may pay out funds or transact business pertaining to any account with the signature of any one of the account owners, or the signature of any designated agent(s), unless otherwise agreed in writing by the Credit Union. With respect to accounts owned by individuals where there is more than one owner on an account, you will each have access to the account and all the funds therein. We will consider all funds paid into the account, including dividends thereon, as held by each owner jointly and equally, without regard to net contribution of each owner, with right of survivorship, and all such funds shall be subject to withdrawal or receipt by any of the account owners or their survivors. Any such payment shall be valid and discharge the Credit Union from liability. With respect to ownership of funds, we will not inquire as to the source of funds received for deposit to a joint account or the proposed use of the funds withdrawn.
Ownership of Accounts. You represent that you are the legal owner of or are otherwise authorized to access the Accounts and other financial information which may be accessed through the Online Services. If any of your Accounts accessed through the Online Services are joint accounts, all joint owners, including any authorized users, Primary Administrators, and Secondary Users, shall be bound by this Agreement and, alone and together, shall be responsible for all transactions or other actions taken. Each joint owner or other authorized user, without the consent of any other account owner, may, and is hereby authorized by every other joint account owner, to make any transaction permitted by the Online Services. Each joint account owner or authorized user is authorized to act for the other account owners, and Avadian may accept orders and instructions regarding any transaction on any Account from any joint account owner or authorized user.
Ownership of Accounts. The classification of your account as personal, fiduciary or commercial, the form of ownership and the respective owner’s interest in an account are determined by the information that appears on the current signature card for the account. If the signature card is unavailable or incomplete, information from the Bank’s other records may be relied on to determine the ownership of the account.
Ownership of Accounts. (a) Except to the extent of Kohl’s ownership of the Kohl’s Licensed Marks and its option to purchase the Program Assets under Section 16.2, Bank shall be the sole and exclusive owner of all Accounts and Account Documentation and shall have all rights, powers, and privileges with respect thereto as such owner; provided that Bank shall exercise such rights consistent with its obligations under this Agreement and the Operating Policies and in no event in a manner less favorable than its exercise of similar rights in connection with its other similarly situated credit card portfolios. All purchases of Goods and/or Services in connection with the Accounts and the Cardholder Indebtedness shall create the relationship of debtor and creditor between the Cardholder and Bank, respectively. Kohl’s acknowledges and agrees that (i) it has no right, title or interest (except for its right, title and interest in the Kohl’s Licensed Marks and its option to purchase the Program Assets under Section 16.2) in or to, any of the Accounts or Account Documentation or any proceeds of the foregoing, and (ii) Bank extends credit directly to Cardholders.
Ownership of Accounts. In the event of termination, so long as Broker has promptly accounted for and paid all premiums or return commissions for which it may be liable, Broker’s records and use and control of expiration, shall remain the property of Broker; otherwise, use of records and control of expirations shall be vested promptly and exclusively in American Specialty.
