Multiple Account Holders. 37.1. Where the Client comprises two or more persons, the liabilities and obligations under the Agreement shall be joint and several. Any warning or other notice given to one of the persons which form the Client shall be deemed to have been given to all the persons who form the Client. Any Order given by one of the persons who form the Client shall be deemed to have been given by all the persons who form the Client.
37.2. In the event of the death or mental incapacity of one of the persons who form the Client, all funds held by the Company or its Nominee, will be for the benefit and at the order of the survivor(s) and all obligations and liabilities owed to the Company will be owed by such survivor(s).
Multiple Account Holders. If there is more than one Account Holder, the legal ownership of the Account will be as designated on the Application. If no designation is made, each Account Holder directs Betterment Securities to establish the Account as joint tenants with rights of survivorship. If there is more than one Account Holder, each Account Holder agrees to be jointly and severally liable for all obligations arising under this Brokerage Agreement or otherwise relating to the Account, including responsibility for information provided through the interface or using any User ID and Password associated with the Account, regardless of which Account Holder gives such instructions, enters such orders or changes such Password. Each Account Holder has full authority, acting individually and without notice to any other Account Holder, to deal with Betterment Securities as fully and completely as if such Account Holder were the sole Account Holder. Each Account Holder authorizes Betterment Securities to follow the instructions of any one Account Holder concerning any matter pertaining to the Account. This includes purchase and sale of securities, delivery of any or all securities or other property in the Account to any third party, or disbursement of any or all monies in the Account. If one Account Holder is not an owner of the Linked Checking Account (defined in Section 17, below), the Account Holder(s) that own(s) the Linked Checking Account represents and warrants that each Account Holder has the legal authority to make deposits to and withdrawals from the Linked Checking Account to and from the Account. All Account Holders shall hold Betterment Securities harmless from and against any Losses arising out of or relating to any deposit to or withdrawal from the Linked Checking Account to and from the Account by any Account Holder. Betterment Securities is not responsible for determining the purpose or propriety of any instruction given by any Account Holder as against any other Account Holder, or of any disposition of payments or deliveries of securities or other property between or among Account Holders. At its sole discretion, Betterment Securities reserves the right to require written instructions from one or all Account Holders. If Betterment Securities receives instructions from any Account Holder that, in Betterment Securities’s opinion, conflict with instructions received from any other Account Holder, Betterment Securities may comply with any of these instructions or advise each...
Multiple Account Holders. Where the Client comprises two or more persons, the liabilities and obligations under the Agreement shall be joint and several. Any warning or other notice given to one of the persons which form the Client shall be deemed to have been given to all the persons who form the Client. Any Order given by one of the persons who form the Client shall be deemed to have been given by all the persons who form the Client.
Multiple Account Holders. 9.1. If an Account is jointly held by more than one person, each person individually shall have the authority:
(i) to trade for the Account in accordance with the Client Agreement; (ii) to receive all correspondence and documents in respect of the Account; (iii) to receive or withdraw money from the Account; (iv) to execute agreements relating to the Account; and (v) to deal with the Company on an individual basis with respect to all aspects pertaining to the Account. Without prejudice to any other provision of this Agreement, we shall be entitled (but under no circumstances be obliged), however, at our sole discretion, to require joint action by all Account holders in certain Account matters, without being obliged to provide any explanation or justification.
9.2. Furthermore, in those circumstances: (i) the liabilities of each person shall be joint and several; (ii) we may act upon instructions received from any of the persons who is, or appears to the Company to be an Account Holder, without further inquiry with regard to all transactions in any way related to the Account, including without limitation, the placement of Orders and entering into of Transactions and/or Contracts via our Trading Platform, and the disposition of any or all of the assets on the Account; we shall have no responsibility or obligation for further inquiry into such apparent authority, and shall bear no liability for the consequences of any acts or omissions made in reliance upon any such instructions; (iii) any notice and other message presented by us to any one persons who are or appear to the Company to be participating to the Account shall be deemed to have been presented to all the participants; and
Multiple Account Holders. 36.1. Where the Client comprises two or more persons, they will be deemed joint tenants, and their liabilities and obligations under the Agreement shall be joint and several. Any warning or other notice given to one of the persons which form the Client shall be deemed to have been given to all the persons who form the Client. Any Order given by one of the persons who form the Client shall be deemed to have been given by all the persons who form the Client.
36.2. In the event of the death or mental incapacity of one of the persons who form the Client, all funds held by the Company or its Nominee, will be for the benefit and at the order of the survivor(s) and all obligations and liabilities owed to the Company will be owed by such survivor(s).
Multiple Account Holders. 9.1. If an Account is jointly held by more than one person, each person individually shall have the authority: (i) to trade for the Account in accordance with the Client Agreement; (ii) to receive all correspondence and documents in respect of the Account; (iii) to receive or withdraw money from the Account; (iv) to execute agreements relating to the Account; and
Multiple Account Holders. 66.1 We offer the possibility to open Accounts with us that are operated by multiple (joint) Account holders. In the event that such a request is filed with us, you will be asked to indicate to us on your Account Opening Application Form(s), the form of ownership of the Account, as either one of the below mentioned options:
Multiple Account Holders. 72.1 We offer the possibility to open Accounts with us that are operated by multiple (joint) Account holders. In the event that such a request is filed with us, you will be asked to indicate to us on your Account Opening Application Form(s), the form of ownership of the Account, as either one of the below mentioned options:
a. Joint Tenants with Rights of Survivorship: In this instance, it is the express intention of the (joint) Account holders to create an estate or account as joint tenants with rights of survivorship and not as tenants-in-common; in the event of the death of either one of the Account holders, the entire interest in this Account shall be vested in the surviving Account holder on the same terms and conditions as previously held, without in any manner releasing the deceased Account holder’s estate from the liabilities that are provided for hereinafter;
b. Tenants-In-Common: In this instance, it is the express intention of the (joint) Account holders to create an account or estate as tenants-in-common; the percentage of ownership of each Account holder shall be as indicated on the Account Opening Application Form(s); any taxes, costs or expenses payable as a result of the death of an Account holder shall, so far as possible, be deducted from the interest of the estate of the deceased Account holder; this provision shall not release the deceased Account holder’s estate from the liabilities that are provided for hereinafter; unless expressly stated otherwise on the Account Opening Application Form(s), each (joint) Account holder shall be deemed to have an equal share in the (joint) Account.
72.2 If an Account is jointly held by more than one Account holder, each Account holder individually shall have the authority: (a) to trade for the account in accordance with the agreements of the Account;
Multiple Account Holders. 38.1. Where the Client comprises two or more persons, the liabilities and obligations under the Agreement shall be joint and several. Any warning or other notice given to one of the persons which form the Client shall be deemed to have been given to all the persons who form the Client. Any Order given by
38.2. In the event of the death or mental incapacity of one of the persons who form the Client, all funds held by the Company or its Nominee, will be for the benefit and at the order of the survivor(s) and all obligations and liabilities owed to the Company will be owed by such survivor(s).
Multiple Account Holders. 38.1. Where the Client comprises two or more persons, the liabilities and obligations under the Agreement shall be joint and several. Any warning or other notice given to one of the persons which form the Client shall be deemed to have been given to all the persons who form the Client. Any Order given by one of the persons who form the Client shall be deemed to have been given by all the persons who form the Client.
38.2. Each Multiple Account Holder is obligated to abide by all the Policies, Terms and conditions of this Agreement.
38.3. Each Multiple Account Holder will be solely responsible in resolving any and all disputes that may arise out of the Account management between themselves and they will be both jointly and severally to inform the Company in written format the resolution of their dispute and future usage of the Account.
38.4. The Company reserves the right to not accept nor receive any personal and financial information and/or documents belonging to another multiple account user either for the purpose of opening or administration of a Multiple Account, unless written consent is provided by all parties.
38.5. All deposits, payments and withdrawals of funds from the Multi Account will only be permitted with the presentation to the Company of all supporting documentation.
38.6. In the event of the death or mental incapacity of one of the persons who form the Client, all funds held by the Company or its Nominee, will be for the benefit and at the order of the survivor(s) and all obligations and liabilities owed to the Company will be owed by such survivor(s). The Survivor or Nominee must provide to the Company valid legal documentation that permits, authorizes and/or allows them access to the account and funds. The said documents must be certified and issued by either a Court of their jurisdiction and/or external governmental authority or body permitted under law of their jurisdiction to issue such an order, degree or authorization that permits a duly authorized representative or estate administrator to have access. The Company reserves the right not to grant permission and transfer any funds until it is completely satisfied with all documentation provided by the Survivor or Nominee
