Terms and Conditions Applicable to All Sole Proprietorship Accounts Sample Clauses

This clause sets out the rules and requirements that apply specifically to all accounts held by sole proprietors. It typically outlines the eligibility criteria, documentation needed to open or maintain such accounts, and the rights and responsibilities of the sole proprietor in relation to the account. For example, it may clarify how the account is to be operated, who can authorize transactions, and what happens in the event of the proprietor's death. The core function of this clause is to ensure that both the financial institution and the sole proprietor have a clear understanding of the terms governing the account, thereby reducing misunderstandings and legal risks.
Terms and Conditions Applicable to All Sole Proprietorship Accounts a. You affirm that you are the sole proprietor of the sole proprietorship named on the Account Signature Card. We may pay out funds with your signature, or the signature of any other signers designated by you. We may accept and/or endorse checks made payable to you or to the sole proprietorship named on the Signature Card that we receive for deposit. b. You may pledge any or all of the funds on deposit in the account as collateral security to any loan(s) subject to then current loan policies.
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Terms and Conditions Applicable to All Sole Proprietorship Accounts. I affirm that I am the sole proprietor of the sole proprietorship named on the Membership Invitation. You may pay out funds with my signature. You may accept and/or endorse checks made payable to me or the sole proprietorship named on the Account Signature Card which you receive for deposit. Funds received are not withdrawable until collected.
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Terms and Conditions Applicable to All Sole Proprietorship Accounts a. You affirm that you are the sole proprietor of the sole proprietorship named on the Account Membership Application. We may pay out funds with your signature, or the signature of any other signers designated by you. We may accept and/or endorse checks made payable to you or to the sole proprietorship named on the Signature Card that we receive for deposit. b. You may pledge any or all of the funds on deposit in the account as collateral security to any loan(s) subject to then current loan policies. c. Sole proprietorship accounts are not subject to the Multiple Party Accounts Law.
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Terms and Conditions Applicable to All Sole Proprietorship Accounts. You affirm that you are the sole proprietor of the sole proprietorship named on the Business Account Application and Agreement. We may pay out funds with your signature, or the signature of any other signers designated by you. We may accept and/or endorse checks made payable to you or to the sole proprietorship named on the Business Account Application and Agreement that we receive for deposit.
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Terms and Conditions Applicable to All Sole Proprietorship Accounts. I affirm that I am the sole proprietor of the sole proprietorship named on the Account Signature Card, holding a current Business License or Fictitious Name Statement filed with the proper county and/or state. You may pay out funds with my signature. You may accept and/or endorse checks made payable to me or the sole proprietorship named on the Account Signature Card which you receive for deposit. Funds received are not withdrawable until collected.
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Related to Terms and Conditions Applicable to All Sole Proprietorship Accounts

  • General Conditions Applicable to Option to Build If the Interconnection Customer assumes responsibility for the design, procurement and construction of the Participating TO's Interconnection Facilities and Stand Alone Network Upgrades, (1) the Interconnection Customer shall engineer, procure equipment, and construct the Participating TO's Interconnection Facilities and Stand Alone Network Upgrades (or portions thereof) using Good Utility Practice and using standards and specifications provided in advance by the Participating TO; (2) The Interconnection Customer’s engineering, procurement and construction of the Participating TO's Interconnection Facilities and Stand Alone Network Upgrades shall comply with all requirements of law to which the Participating TO would be subject in the engineering, procurement or construction of the Participating TO's Interconnection Facilities and Stand Alone Network Upgrades; (3) the Participating TO shall review, and the Interconnection Customer shall obtain the Participating TO’s approval of, the engineering design, equipment acceptance tests, and the construction of the Participating TO's Interconnection Facilities and Stand Alone Network Upgrades, which approval shall not be unreasonably withheld, and the CAISO may, at its option, review the engineering design, equipment acceptance tests, and the construction of the Participating TO's Interconnection Facilities and Stand Alone Network Upgrades; (4) prior to commencement of construction, the Interconnection Customer shall provide to the Participating TO, with a copy to the CAISO for informational purposes, a schedule for construction of the Participating TO's Interconnection Facilities and Stand Alone Network Upgrades, and shall promptly respond to requests for information from the Participating TO; (5) at any time during construction, the Participating TO shall have the right to gain unrestricted access to the Participating TO's Interconnection Facilities and Stand Alone Network Upgrades and to conduct inspections of the same; (6) at any time during construction, should any phase of the engineering, equipment procurement, or construction of the Participating TO's Interconnection Facilities and Stand Alone Network Upgrades not meet the standards and specifications provided by the Participating TO, the Interconnection Customer shall be obligated to remedy deficiencies in that portion of the Participating TO's Interconnection Facilities and Stand Alone Network Upgrades; (7) the Interconnection Customer shall indemnify the CAISO and Participating TO for claims arising from the Interconnection Customer's construction of the Participating TO's Interconnection Facilities and Stand Alone Network Upgrades under the terms and procedures applicable to Article 18.1