Transactions and Settlements. All transactions through BB&T Securities will be done only on Your order, or the order of Your authorized agent, except as otherwise described in this Account Agreement. You authorize BB&T Securities, in its sole discretion, to accept orders from Your spouse as your authorized agent for Your individual account, unless, in writing, You direct BB&T Securities not to do so. BB&T Securities may, in its sole discretion, also reject any order from Your spouse for Your individual account. In addition, You may give one or more agents trading authorization by submitting a written designation in a form acceptable to BB&T Securities. Your agent agrees to comply with all the terms and conditions of this Account Agreement. In the event BB&T Securities receives conflicting instructions from You and Your agent, BB&T Securities may proceed pursuant to the section entitled “Conflicting Instructions” under “Joint Accounts.” You and Your Agent agree to indemnify and hold harmless BB&T Securities from any damage or cost BB&T Securities incurs as a result of following the instruction of You or Your agent. In the event that indemnification is insufficient, You and Your agent hereby give BB&T Securities a right of contribution from You and Your agent. BB&T Securities may, in its sole discretion, refuse any order for any reason. Your only remedy in such event is to close or transfer Your account. You understand that You are responsible for transmission of instructions to BB&T Securities and that You bear the risk of loss arising from the method of transmission that You use in the event of transmission errors, misunderstandings, impersonations, transmission by unauthorized persons, or forgery. You agree to release and indemnify BB&T Securities, its affiliates, employees, and directors from any and all liability arising from the execution of transactions based on such instructions except if the gross negligence of BB&T Securities caused the transmission error.
Appears in 7 contracts
Samples: Account Agreement, Account Agreement, Account Agreement
