Multiple Owners Sample Clauses
The "Multiple Owners" clause defines how ownership rights and responsibilities are managed when a property or asset is held by more than one party. It typically outlines each owner's share, decision-making authority, and procedures for resolving disputes or transferring interests. For example, it may specify how costs, profits, or liabilities are divided among co-owners. This clause ensures clarity and prevents conflicts by establishing clear rules for joint ownership, thereby protecting the interests of all parties involved.
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Multiple Owners. In the event one person, as the representative of multiple Owners, signs this Agreement, each Owner agrees to provide documentation for single signature authority.
Multiple Owners. INFORMATION (An owner may start, conduct transactions on, maintain, change, add and terminate an account, product or service.) 4 Owner 4 Name Address City State ZIP Mobile Phone Work Phone Social Security Number Date of Birth E-mail Address Employer/Retired From Mother’s Maiden Name Driver’s License - State, Number & Issue and Exp. Date Owner 5 Name Address City State ZIP Mobile Phone Work Phone Social Security Number Date of Birth E-mail Address Employer/Retired From Mother’s Maiden Name Driver’s License - State, Number & Issue and Exp. Date TRANSACTOR N1 N2 N3 or INFORMATION USER ▇▇ ▇▇ ▇▇ 5 (A transactor (an “authorized signer” in our data processor) may conduct transactions, and an information user may access information, on behalf of the owner(s)) Mobile Phone Work Phone Social Security Number Date of Birth E-mail Address Mobile Phone Work Phone Social Security Number Date of Birth E-mail Address Mobile Phone Work Phone Social Security Number Date of Birth E-mail Address BENEFICIARY/PAYABLE ON DEATH PAYEE DESIGNATION(S) (People or organizations to receive the funds held in the account(s) on the death of the final owner.) 6 Beneficiary/POD Payee 5 Name Relationship Social Security No. Beneficiary/POD Payee 6 Name Relationship Social Security No. Beneficiary/POD Payee 7 Name Relationship Social Security No. Beneficiary/POD Payee 8 Name Relationship Social Security No. Beneficiary/POD Payee 9 Name Relationship Social Security No. Beneficiary/POD Payee 10 Name Relationship Social Security No. Beneficiary/POD Payee 11 Name Relationship Social Security No. Beneficiary/POD Payee 12 Name Relationship Social Security No. ACKNOWLEDGMENT Owner 1 is or applies to be a member of Mid-Illini Credit Union (“we”, “us” & “our”), or is authorized to take action, according to our Member Service Agreement 10 (the MSA Parts 1 & 2). All owners (“you” & “your”) request the accounts, products and services selected on this Part 1 form, and acknowledge receiving or being offered the Part 2 of the MSA, which includes the Electronic Funds Transfer, Funds Availability, Privacy Notice and Rate & Charges disclosures (and which, along with our records, comprise the terms of the MSA). Part 2 has been emailed to Owner 1’s address if provided. To identify and provide you with excellent service, we may review and image your current identification. We may also obtain and use credit, account and employment reports to verify your eligibility for membership and accounts, products and services...
Multiple Owners. If the Home has multiple Participating Owners, all such Participating Owners are eligible to use the Recreation Plus Passes issued for the Home, provided that each Participating Owner is aware of and has acknowledged all terms of this Agreement. The Participating Owners shall designate a primary contact for purposes of this Agreement. A Participating Owner whose Home is managed by a commercial rental management company may give such commercial rental management company authority to execute this Agreement on Participating Owner’s behalf (the “Property Representative”). The Property Representative shall be SROA’s primary contact for this Agreement unless otherwise noted in this Agreement.
Multiple Owners. If there are multiple owners, each owner may do anything permitted with the account, such as: endorse items for deposit or collection, even if payable to another owner; pledge it as collateral for any obligation; move funds by check or other means; close it; authorize others to conduct transactions on it; and give instructions for transfers, stop payments, and all other matters relating to it. (No owner may cancel a stop payment entered by another owner.) Each owner appoints each other owner as attorney-in-fact to endorse and cash items. A notice sent to one owner is effective for all. You guarantee the signature of each owner. You will be responsible for any liability, such as an overdraft, a fee, or a refund to the government of a direct deposit, even though caused by another owner. Unless noted otherwise on the signature card, the account is owned jointly with right of survivorship and not as tenants in common. If one owner dies, we treat the survivor(s) as owner(s) of the full balance. If noted on the signature card that ownership is as tenants in common or without survivorship, we treat the survivor(s) and personal representative of the deceased as owners. Their shares will be equal unless we have agreed otherwise in writing. Only a married couple may own the account as tenants by the entirety, and only if noted on the signature card. If one spouse dies, we treat the survivor as sole owner. If the couple divorces, we treat them as owners jointly with right of survivorship. You will notify us immediately after you learn of the death or declaration of incompetence of any co-owner.
Multiple Owners. If there is more than one Owner, the obligations contained herein and under other Project Documents shall be joint and several.
Multiple Owners. If there are multiple owners, the term "Owner" shall apply collectively and individually to each owner, and the obligations of each owner under this Agreement are joint and several.
Multiple Owners. A Certificate Holder may register or reregister his or her Voting Trust Certificates in the names of one or more persons only if each person in whose name the Voting Trust Certificates are to be registered is the Certificate Holder or a Permitted Transferee of the Certificate Holder. If Voting Trust Certificates are registered in the names of more than one person in accordance with this Subsection 4.2(c)(vii), then such Voting Trust Certificates may be transferred to any Permitted Transferee of any person in whose name such shares are registered.
Multiple Owners. If the Owner is comprised of more than one person, each person comprising the Owner will be may seek to enforce this Agreement against any one or more of the persons comprising the Owner.
Multiple Owners. INFORMATION (An owner may start, conduct transactions on, maintain, change, add and terminate an account, product or service.) 3 M DOB WPH S Z PW
Multiple Owners. Where the Contract names more than one Owner, the date of death of the Owner will be deemed to be the date of the first Owner to die.