Joint Accounts definition

Joint Accounts has the meaning set out in clause 11
Joint Accounts. If your account has more than one owner on it, we will treat it as a joint account with right of survivorship. Each owner is a joint account holder. One joint account holder cannot remove another from the title of the account. If any one of the joint account holders dies, his or her share of the account will pass to the remaining account holder(s). Certain retirement benefits (such as Social Security) do not pass, however, and payments made after the recipient dies may not be withdrawn by the surviving owner(s). Each joint account holder who has a signature card on file with us may withdraw, by any method that we make available, any or all the funds on deposit. Each joint account holder can also make deposits, close the account, enter into agreements concerning the account and stop payment of any check. Each joint account holder guarantees the signatures of the other joint account holders and authorizes them to endorse items payable to him or her individually or jointly, and to cash items or deposit them. However, we do not have to cash such items or accept them for deposit. Each joint account holder agrees to give us any missing endorsements of the other joint account holder(s) when we ask. If a joint account becomes overdrawn, each joint account holder is liable for the full amount of the overdraft, regardless of whether that person initiated or benefited from the item(s) that caused the overdraft. Each joint account holder hereby appoints the other account holder(s) as his or her agent(s) for requesting services relating to the account (such as ATM or debit cards, online banking, xxxx payment and telephone access). If your account is a joint account, we can notify one of you and the notice will be effective for all the account holders. Similarly, one of you can notify us and we will consider it to be notice from both of you.
Joint Accounts. If you are a joint account Client (including trustees and company directors) then the liabilities of each of you under this Agreement shall be joint and several (which means that you are all jointly liable but we can also enforce any liability against any one of you in full). If one of you wishes to withdraw money from the portfolio(s) the withdrawal request must be co-signed by all of the persons constituting the Client (or in the case of trusts and corporate bodies in accordance with the signing authorities supplied to us in writing) unless all of you have given us standing written instructions to the contrary.

Examples of Joint Accounts in a sentence

  • Signature Second Signature (Joint Accounts Only) Name and Title (Entity Investors Only) ACCEPTED Global Wellness Apps, Inc.


More Definitions of Joint Accounts

Joint Accounts. Each account holder must sign a copy of this Subscription Agreement and provide appropriate proof of identification. Each such account holder hereby confirms that the Securities are to be held by each account holder as joint tenants and not as tenants in common and that the Manager, the Fund and/or the Trustee are hereby authorized to take orders from either of account holder alone. Unless the account holders both instruct the Manager differently: (i) allocations for tax purposes will be made to each account holder in equal amounts; and (ii) distributions of profit and capital will be made and paid to the order of all joint account holders (if paid by cheque) or to the account from which wire payment for the subscription for Securities was received. This agreement is not transferable or assignable by the Subscriber except with the consent of the Manager or by operation of law. This agreement may be signed in counterparts. Dated this day of , (day) (month) (year) □ - Class I (C$) Units □ - Class I (US$) Units X Date of Birth: S.I.N.: If Subscriber is an Individual: By what given name are you commonly known? If the Subscriber is a corporation, trust or partnership, the Subscriber, or any beneficial purchaser of Securities for whom the Subscriber may be acting: 🞏 IS / 🞏 IS NOT [check one] a “financial institution” within the meaning of section 142.2 of the Income Tax Act (Canada) Name and Position of Signatory (if applicable) Date of Incorporation or Formation: Tax Identification Number: If Subscriber is not an Individual: Type of Entity: Subscriber’s Signature Aggregate Subscription Amount: $ or US$ Name and Address of Subscriber: Telephone Number: Print Name – (Full Legal Name) (Affix seal if a corporation) Fax Number: Address (No P.O. Box Number) Email Address: City, Province, Postal Code Dealer Certification (this section is to be completed by the Subscriber’s registered adviser or dealer (the “Subscriber’s Agent”)): By submitting this completed Subscription Agreement to the Trustee, the Fund and the Manager, the Subscriber’s Agent hereby acknowledges and confirms that: (a) it has fulfilled all relevant “know-your-client” and suitability obligations that it owes to the Subscriber; (b) it has complied with all applicable anti-money laundering, terrorist financing, sanctions and FATCA/CRS requirements; and (c) if the Subscriber is purchasing Securities as an “accredited investor”, then it has verified, using the collected “know-your-client” information or...
Joint Accounts. The Online Anytime access code is issued only to the first member named on an account and offers access to other accounts owned by that member. You should not disclose your access code to any joint account holder. If you do, the joint account holder will have access to all accounts at the credit union owned by you, either individually or jointly. You may transfer funds to the account(s) of a family member on which you are a joint owner; however, if you do so, you agree to provide a copy of this agreement to each owner of the account(s).
Joint Accounts. The account or certificate is owned by the parties named on the Account Agreement. Upon the death of any of them, ownership passes to the survivor(s). A surviving owner’s interest is subject to the Credit Union’s statutory lien and security interest for the deceased owner’s obligations, and to any security interest or pledge granted by a deceased owner, even if a surviving owner did not consent to it. Upon the death of all of them, ownership passes to the decedent's estate or payable on death beneficiary, if applicable. If the account includes a joint owner(s), the member may remove the joint owner(s) from the account with or without prior permission of the joint owner(s), however the joint owner(s) may not remove the member.
Joint Accounts. Any joint owner who signs on a Checking account will be fully liable for any overdraft balance regardless of whether they signed, negotiated, or received benefit from the item(s) that caused the overdraft. Insufficient Funds: If a check or other payment instrument or payment method is presented against your Checking (Share Draft) account and the balance is not sufficient to cover the check and overdraft protection is not available, we may pay the item or refuse payment at our discretion. (Please see our current Schedule of Fees & Charges.) If there are sufficient and available funds to cover some but not all of the items, we may pay those items for which there are sufficient available funds in any order at our discretion. Transactions may not be received and processed in the order they occurred, which can affect the total amount of NSF or overdraft fees. Except for negligence, you agree not to hold us liable for any action regarding the payment or nonpayment of any item.
Joint Accounts. If your Social Security number is the primary number on a joint account and you opt-in for electronic delivery, each consenting stockholder must have access to the email account provided. By signing below and consenting to receive documents electronically, you represent the following:
Joint Accounts. Each account holder must sign a copy of this Subscription Agreement and provide appropriate proof of identification. Each such account holder hereby confirms that the Securities are to be held by each account holder as joint tenants and not as tenants in common and that the Manager, the Fund and/or the Trustee are hereby authorized to take orders from either of account holder alone. Unless the account holders both instruct the Manager differently: (i) allocations for tax purposes will be made to each account holder in equal amounts; and (ii) distributions of profit and capital will be made and paid to the order of all joint account holders (if paid by cheque) or to the account from which wire payment for the subscription for Securities was received. This agreement is not transferable or assignable by the Subscriber except with the consent of the Manager or by operation of law. This agreement may be signed in counterparts. Dated this day of ,
Joint Accounts an Eligible Account that is added to the Service which is jointly held or has multiple signers.