Multiple Required Signature Accounts Sample Clauses

The Multiple Required Signature Accounts clause establishes that certain accounts or transactions require the approval of more than one designated individual before any action can be taken. In practice, this means that withdrawals, transfers, or other account activities must be authorized by multiple signatories, such as two or more officers or partners, rather than a single person. This clause is primarily used to enhance security and oversight, reducing the risk of unauthorized transactions and ensuring that significant financial decisions are subject to collective agreement.
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Multiple Required Signature Accounts. If You (a) have specified that some or all Checks must be signed by more than one person, (b) have specified that the authorized signers for Checks in one category are different than those for another Check category, or (c) use Checks that require multiple signatures, You acknowledge that those restrictions are for Your internal use only and do not bind Us even if You have made Us aware of them in writing or otherwise. Pershing reserves the right to refuse to allow persons to open Accounts with these types of restrictions.
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Multiple Required Signature Accounts. If you (a) have speci- fied that some or all Checks must be signed by more than one person, (b) have specified that the authorized signers for Checks in one category are different than those for another Check category, or (c) use Checks that require multiple signatures, you acknowledge that those restrictions are for your internal use only and do not bind us even if you have made us aware of them in writing or otherwise. Stifel reserves the right to refuse to allow persons to open accounts with these types of restrictions.
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Multiple Required Signature Accounts. If you (a) have specified that some or all checks must be signed by more than one person, (b) have specified that the authorized signers for checks in one category are different than those for another check category, or (c) utilize checks that require multiple signatures, you acknowledge that those restrictions are for your internal use only and do not bind us even if you have made us aware of them in a certificate of authority or At the time an account is opened or changes are made, we may require you to show that each person signing the signature card is authorized to act on your account.
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Multiple Required Signature Accounts. If you (a) have specified that some or all checks must be signed by more than one person, (b) have specified that the authorized signers for checks in one category are different than those for another check category, or (c) utilize checks that require multiple signatures, you acknowledge that those restrictions are for your internal use only and do not bind us even if you have made us aware of them in a certificate of authority or otherwise. We reserve the right to refuse to allow persons to open accounts with these types of restrictions. You agree not to assert any lack of authorized signers on any check as long as it contains the signature of at least one individual who is an authorize signer on your account.
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Related to Multiple Required Signature Accounts

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