Account Holder definition

Account Holder. The term “Account Holder” means the person listed or identified as the holder of a Financial Account. A person, other than a Financial Institution, holding a Financial Account for the benefit of another person as an agent, a custodian, a nominee, a signatory, an investment advisor, an intermediary, or as a legal guardian, is not treated as the Account Holder. In these circumstances that other person is the Account Holder. For example in the case of a parent/child relationship where the parent is acting as a legal guardian, the child is regarded as the Account Holder. With respect to a jointly held account, each joint holder is treated as an Account Holder.

Account Holder means the person in whose name an Account is maintained and includes, where the context requires, a supplementary cardmember of a Citibank Visa/Mastercard credit card account;

Account Holder means the person listed or identified as the holder of a Financial Account by the Financial Institution that maintains the account. A person, other than a Financial Institution, holding a Financial Account for the benefit or account of another person as agent, custodian, nominee, signatory, investment advisor, or intermediary, is not treated as holding the account for purposes of this Agreement, and such other person is treated as holding the account. For purposes of the immediately preceding sentence, the term “Financial Institution” does not include a Financial Institution organized or incorporated in a U.S. Territory. In the case of a Cash Value Insurance Contract or an Annuity Contract, the Account Holder is any person entitled to access the Cash Value or change the beneficiary of the contract. If no person can access the Cash Value or change the beneficiary, the Account Holder is any person named as the owner in the contract and any person with a vested entitlement to payment under the terms of the contract. Upon the maturity of a Cash Value Insurance Contract or an Annuity Contract, each person entitled to receive a payment under the contract is treated as an Account Holder.

Examples of Account Holder in a sentence

• If the Account is a joint or multiple-party account, each joint or multiple-party account holder authorizes us to exercise our right of setoff against any and all Accounts of each Account Holder.

• For clarity, CAD COW is not a party to any agreement for Professional Services between the User and any Client Account Holder or prospective Client Account Holder or any actual or potential Engagement.

• If the User elects to accept an offer to be engaged to provide Professional Services to a Client Account Holder, the User is responsible for providing the Professional Services, as reasonably requested, in a good and professional manner satisfactory to the Client Account Holder.

• Any Client Account Holder may terminate an Engagement of a Professional at any time and seek to engage another Professional through the Platform, and the terms of this Agreement will continue to apply.

• Daily, the Trustee or the Transfer Agent shall furnish Empower information setting forth the position of each Account Holder as of a date reasonable requested by Empower.

More Definitions of Account Holder

Account Holder. A bank or trust company, whose short-term unsecured debt obligations have the Required Deposit Rating, that holds one or more of the Designated Accounts.

Account Holder means a resident of this state who:

Account Holder means the Primary Cardholder to whom the monthly Account statement is sent, and who is a resident of Canada and any Authorized User who is a resident of Canada. The Account Holder may be referred to herein using “you” and “your”.

Account Holder and “customer” means the person in whose name an Account is maintained and includes, where the context requires, a Joint Account Holder; and unless the context otherwise requires, the following words when used have the following meanings respectively set out below:

Account Holder means the person listed or identified as the holder of a Financial Account by the Financial Institution that maintains the account. A person, other than a Financial Institution, holding a Financial Account for the benefit or account of another person as agent, custodian, nominee, signatory, investment advisor, or intermediary, is not treated as holding the account for purposes of this Agreement, and such other person is treated as holding the account. For purposes of the immediately preceding sentence, the term “Financial Institution” does not include a Financial Institution organized or incorporated in a

Account Holder means the individual(s) in whose name(s) the Account is held.

Account Holder means a person who is the owner of an individual or family development account or the family if the account is a family account.