TYPES OF ACCOUNT OWNERSHIP Clause Samples

TYPES OF ACCOUNT OWNERSHIP. We currently offer the following types of account ownership. We may only offer these types of account ownership for certain types of accounts and may stop offering any type of account ownership at any time. We may also decline a request to open an account with any ownership structure that is not offered at that time.
TYPES OF ACCOUNT OWNERSHIP. Based upon the type of Account ownership that you have designated, the following terms and conditions apply: NOTICE TO YOU: THE TYPE OF ACCOUNT YOU SELECT MAY DETERMINE HOW PROPERTY PASSES ON YOUR DEATH. YOUR WILL MAY NOT CONTROL THE DISPOSITION OF FUNDS HELD IN SOME OF THE FOLLOWING ACCOUNTS. You may select some of the following Accounts by placing your initials next to the Account you select on the “Texas Uniform Single or Multiple-Party Account Selection Form.”
TYPES OF ACCOUNT OWNERSHIP. GENERAL‌ Logix welcomes local business to establish membership and open a business account with us; however, we may not accept all requests. While we may not be able to accept all business ownership/entity types, or establish accounts for all business purposes or uses, business owners and operators are always encouraged to establish Logix membership and open up a personal account for your individual banking and other financial needs. Please refer to our Membership and Accounts Agreement and Disclosure for complete information on personal accounts.
TYPES OF ACCOUNT OWNERSHIP. TYPES OF ACCOUNTS Individual Accounts
TYPES OF ACCOUNT OWNERSHIP. We offer Accounts in the name of one person, or joint accounts in the names of more than one person with rights of survivorship or payable-on-death features as specified by Utah law. The Application designates the account type applicable to your Account. We reserve the right to request a social security number or other identifying information for each beneficiary that you designate. If you establish a payable-on- death Account, the Account belongs to you during your lifetime and your beneficiaries have no interest in, and no access to, the Account until your death. Upon your death (or in the case of a joint Account, on the death of the last surviving joint Account owner), all of the funds in the payable-on-death Account will be owned by the beneficiary or beneficiaries. If there is more than one beneficiary, in our sole discretion and subject to our right of setoff and security interest (if any), we will pay the funds in a payable-on-death Account to your beneficiaries as instructed by you and recorded in our records, or pay the funds by issuing a check in the name of all beneficiaries, and giving the check to any one beneficiary. We have no obligation to notify any beneficiary of the existence of a payable-on-death Account or the vesting of an interest in such an Account. Certain state law restrictions may apply to payable-on-death Accounts. You are solely responsible for complying with applicable Iaw in establishing a payable-on-death Account. We make no representation that designating your Account as payable-on-death is advisable. You should consult an attorney or other qualified estate planning professional before designating your Account as payable-on-death. It may be appropriate or advisable to obtain spousal or domestic partner consent if you reside in a community property state (for example, AZ, CA, ID, LA, NV, NM, TX, WA or WI) if a spouse or domestic partner is not named as the sole beneficiary.
TYPES OF ACCOUNT OWNERSHIP 

Related to TYPES OF ACCOUNT OWNERSHIP

  • Types of Accounts Cash accounts opened on the books of the Custodian (Principal Accounts) shall be opened in the name of the Trust, coupled with the name of such Fund. Custodian shall hold all cash received by it for the account of the Trust or any Fund in accordance with Rule 17f-3 under the Act. Such accounts collectively shall be a deposit obligation of the Custodian and shall be subject to the terms of this Section 7 and the general liability provisions contained in this Agreement. Cash accounts opened on the books of a Sub-custodian may be opened in the name of the Trust or the Sub-custodian or in the name of its Sub-custodian for its customers generally (Agency Accounts). Such deposits shall be obligations of the Sub-custodian, and shall be treated as an Investment of the Trust. Accordingly, the Custodian shall be responsible for exercising reasonable care in the administration of such accounts but shall not be liable for their repayment in the event such Sub-custodian by reason of its bankruptcy, insolvency or otherwise, fails to make repayment through no fault of the Custodian.

  • Account Ownership Notwithstanding anything else in this Exhibit or the Agreement, i) the Legal Guardian may take over as Account Owner with respect to the Newborn Stem Cells at any time before the Child reaches the age of majority by executing a new ViaCord Services Agreement, and ii) the Child may take over as Account Owner with respect to the Newborn Stem Cells at any time after reaching the age of majority by executing a new ViaCord Services Agreement.

  • Certain Types of Accounts (a) You may instruct FIIOC to register purchased shares in your name and account as nominee for your customers. If you hold Portfolio shares as nominee for your customers, all Prospectuses, proxy statements, periodic reports, and other printed material will be sent to you, and all confirmations and other communications to shareholders will be transmitted to you. You will be responsible for forwarding such printed material, confirmations, and communications, or the information contained therein, to all customers for whose account you hold any Portfolio shares as nominee. However, we or FIIOC on behalf of itself or the Portfolios will be responsible for the costs associated with your forwarding such printed material, confirmations, and communications. You will be responsible for complying with all reporting and tax withholding requirements with respect to the customers for whose account you hold any Portfolio shares as nominee. (b) With respect to accounts other than those accounts referred to in paragraph 4(a) above, you agree to provide us with all information (including certification of taxpayer identification numbers and back-up withholding instructions) necessary or appropriate for us to comply with legal and regulatory reporting requirements. (c) Accounts opened or maintained pursuant to the NETWORKING system of the National Securities Clearing Corporation ("NSCC") will be governed by applicable NSCC rules and procedures and any agreement or other arrangement with us relating to NETWORKING. (d) If you hold Portfolio shares in an omnibus account for two or more customers, you will be responsible for determining, in accordance with the Prospectus, whether, and the extent to which, a CDSC is applicable to a purchase of Portfolio shares from such a customer, and you agree to transmit immediately to us any CDSC to which such purchase was subject. You hereby represent that if you hold Portfolio shares subject to a CDSC, you have the capability to track and account for such charge, and we reserve the right, at our discretion, to verify that capability by inspecting your tracking and accounting system or otherwise.

  • Types of Cash Accounts Cash accounts opened on the books of the Custodian (Principal Accounts) shall be opened in the name of the Fund. Such accounts collectively shall be a deposit obligation of the Custodian and shall be subject to the terms of this Section 7 and the general liability provisions contained in Section 9. Cash accounts opened on the books of a Subcustodian may be opened in the name of the Fund or the Custodian or in the name of the Custodian for its customers generally (Agency Accounts). Such deposits shall be obligations of the Subcustodian and shall be treated as an Investment of the Fund. Accordingly, the Custodian shall be responsible for exercising reasonable care in the administration of such accounts but shall not be liable for their repayment in the event such Subcustodian, by reason of its bankruptcy, insolvency or otherwise, fails to make repayment.

  • Location of accounts Each Borrower shall promptly: (a) comply with any requirement of the Agent as to the location or re-location of the Accounts (or any of them); and (b) execute any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the Accounts.