Common use of Multiple Required Signature Accounts Clause in Contracts

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.

Multiple Required Signature Accounts. If You 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 you acknowledge that those restrictions are for Your your internal use only and do not bind Us us even if You you have made Us us aware of them in writing or otherwise. Pershing reserves We reserve the right to refuse to allow persons to open Accounts accounts with these types of restrictions.

Multiple Required Signature Accounts. If You I (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 I acknowledge that those restrictions are for Your my internal use only and do not bind Us you or PNC even if You I have made Us you and/or PNC aware of them in writing or otherwise. Pershing reserves You and PNC reserve the right to refuse to allow persons to open Accounts accounts with these types of restrictions.