Common use of Two or More Persons Clause in Contracts

Two or More Persons. 3.4.1 Where two or more natural persons and no others are named as the client, the Account will be established in their names as joint tenants unless they specifically request otherwise. The joint holding will only be deemed not to be held as joint tenants if there is a court determination that it is not held as joint tenants. 3.4.2 Where you are two or more persons in relation to one Account: (a) the liability of each person will be joint and several; (b) we may receive instructions from any one person who is, or appears to us to be, such a person, whether or not such person is an Authorised Person; (c) any notice or other communication given by us to one person will be deemed to be notice to all persons in relation to the account; and (d) any Event of Default in respect of any one person will be an Event of Default in respect of you.

Appears in 4 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

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Two or More Persons. 3.4.1 3.5.1 Where two or more natural persons and no others are named as the client, the Account will be established in their names as joint tenants unless they specifically request otherwise. The joint holding will only be deemed not to be held as joint tenants if there is a court determination that it is not held as joint tenants.tenants.‌ 3.4.2 3.5.2 Where you are two or more persons in relation to one Account: (a) the liability of each person will be joint and several;several;‌ (b) we may receive instructions from any one person who is, or appears to us to be, such a person, whether or not such person is an Authorised Person; (c) any notice or other communication given by us to one person will be deemed to be notice to all persons in relation to the account; and (d) any Event of Default in respect of any one person will be an Event of Default in respect of you.

Appears in 2 contracts

Samples: Client Agreement, Client Agreement

Two or More Persons. 3.4.1 Where two or more natural persons and no others are named as the client, the Account will be established in their names as joint tenants unless they specifically request otherwise. The joint holding will only be deemed not to be held as joint tenants if there is a court determination that it is not held as joint tenants. 3.4.2 Where you are two or more persons in relation to one Account: (a) the liability of each person will be joint and several; (b) we may receive instructions from any one person who is, or appears to us to be, such a person, whether or not such person is an Authorised Person; (c) any notice or other communication given by us to one person will be deemed to be notice to all persons in relation to the account; and (d) any Event of Default in respect of any one person will be an Event of Default in respect of you.

Appears in 1 contract

Samples: Terms and Conditions

Two or More Persons. 3.4.1 3.5.1 Where two or more natural persons and no others are named as the client, the Account will be established in their names as joint tenants unless they specifically request otherwise. The joint holding will only be deemed not to be held as joint tenants if there is a court determination that it is not held as joint tenants. 3.4.2 3.5.2 Where you are two or more persons in relation to one Account: (a) the liability of each person will be joint and several; (b) we may receive instructions from any one person who is, or appears to us to be, such a person, whether or not such person is an Authorised Person; (c) any notice or other communication given by us to one person will be deemed to be notice to all persons in relation to the account; and (d) any Event of Default in respect of any one person will be an Event of Default in respect of you.

Appears in 1 contract

Samples: Client Agreement

Two or More Persons. 3.4.1 3.5.1 Where two or more natural persons and no others are named as the client, the Account will be established in their names as joint tenants unless they specifically request otherwise. The joint holding will only be deemed not to be held as joint tenants if there is a court determination that it is not held as joint tenants. 3.4.2 3.5.2 Where you are two or more persons in relation to one Account:Account:‌ (a) the liability of each person will be joint and several; (b) we may receive instructions from any one person who is, or appears to us to be, such a person, whether or not such person is an Authorised Person; (c) any notice or other communication given by us to one person will be deemed to be notice to all persons in relation to the account; andand‌ (d) any Event of Default in respect of any one person will be an Event of Default in respect of you.

Appears in 1 contract

Samples: Client Agreement

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Two or More Persons. 3.4.1 Where two or more natural persons and no others are named as the client, the Account will be established in their names as joint tenants unless they specifically request otherwise. The joint holding will only be deemed not to be held as joint tenants if there is a court determination that it is not held as joint tenants.tenants.‌ 3.4.2 Where you are two or more persons in relation to one Account: (a) the liability of each person will be joint and several;several;‌ (b) we may receive instructions from any one person who is, or appears to us to be, such a person, whether or not such person is an Authorised Person; (c) any notice or other communication given by us to one person will be deemed to be notice to all persons in relation to the account; and (d) any Event of Default in respect of any one person will be an Event of Default in respect of you.

Appears in 1 contract

Samples: Client Agreement

Two or More Persons. 3.4.1 Where two or more natural persons and no others are named as the client, the Account will be established in their names as joint tenants unless they specifically request otherwise. The joint holding will only be deemed not to be held as joint tenants if there is a court determination that it is not held as joint tenants. 3.4.2 Where you are two or more persons in relation to one Account: (a) the liability of each person will be joint and several; (b) we may receive instructions from any one person who is, or appears to us to be, such a person, whether or not such person is an isan Authorised Person; (c) any notice or other communication given by us to one person will be willbe deemed to be notice to all persons in relation to the account; and (d) any Event of Default in respect of any one person will be an Event of Eventof Default in respect of you.

Appears in 1 contract

Samples: Client Agreement

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