Joint Account Holder definition

Joint Account Holder means a person in whose name a Joint Account is maintained;

Joint Account Holder means the two or more persons or members of a partnership holding a Joint Account.

Joint Account Holder. A party who has ownership interest in a jointly held Account. Joint Account With Rights of Survivorship (JWRS): Upon the death of the Primary Account Holder or Joint Account Holder(s), the deceased person’s interest in the Joint Account becomes the property of the surviving account owner(s).

Examples of Joint Account Holder in a sentence

• Except as set forth in the prior section, any Joint Account Holder has the same authority as the Primary Account Holder with respect to the Joint Account and may exercise that authority without notice to the other Account Holders.

• We have reason to believe you have violated or will violate the terms of our Code of Conduct as published on our website; or If we remove you from any other Account (including any business account) on which you are a Primary Account Holder, Joint Account Holder, or Authorized Signer or business owner.

• This additional Joint Account Holder will be jointly and severally liable to BECU for any loss, including without limitation any returned item, negative balance, unpaid charges, or amounts owing on the Account and any and all additional Joint Accounts opened by the minor or Joint Account Holder.

• If we terminate or close your Account, we will mail to the Primary Account Holder all funds in the Account, less any obligations owed to BECU by any Account Holder and we may prevent you from opening new accounts or from acting as a Primary Account Holder, Joint Account Holder, or Authorized Signer on any accounts (including business accounts) at any time in the future.

• Furthermore, the Joint Account Holder may open additional accounts with the same ownership structure (i.e., each Account Holder may open a new Joint Account so long as the Primary Account Holder is named as the Primary Account Holder and all Joint Account Holders are named as Joint Account Holders on that new Joint Account).

More Definitions of Joint Account Holder

Joint Account Holder has the meaning set out in Clause 3.

Joint Account Holder. A party who has ownership interest in, and legal liability for, a jointly held Account. Membership Application: The enrollment form, as may be amended, amended and restated or otherwise modified from time to time, that is used to apply for membership in BECU. The Membership Application may also be used to open Accounts, and may be a paper or digital form. Mobile Banking: BECU’s service that allows access to Accounts through BECU’s mobile application loaded onto a mobile device (such as a smartphone or tablet).

Joint Account Holder means a person in whose name a Card account is jointly kept together with the Primary Account Holder, and who is jointly and severally liable for all transactions on the Card account.

Joint Account Holder means a person (including any individual or entity) who has an Account held jointly with another;

Joint Account Holder means an individual (natural person) who holds an account jointly with another individual or other individual(s);

Joint Account Holder means the Account Holder(s) of a Joint Account.

Joint Account Holder. “Cardholder” means the business and each person who signs an application for, or otherwise requests, a Credit Card account with Us. “Authorized User” means employees of the business or any other individual You authorize to use the Account. “Account” means Your Credit Card account with Us to which the Card(s) are linked. “Card” means each Credit Card linked to the Account that We have issued to You. “Agreement” means this Agreement. “Purchase(s)” means a purchase of goods and/or services from participating merchants who accept Mastercard®. “Transaction” means any amount of credit obtained under Your Account for Purchases. “Outstanding Balance” means the total dollar amount of Your obligation under this Agreement for all Transactions, fees, and any other costs due at the end of each statement cycle. “Payment Due Date” is the date Your Outstanding Balance must be paid by, as set forth on Your billing statement. “Fees” is defined in the section caption “Fees and Charges”. “Credit Limit” is defined in the section captioned “Credit Limit”.