and Crediting Sample Clauses

and Crediting. The Company shall establish a Deferral Account on its books for the Director, and shall credit to the Deferral Account the following amounts:
and Crediting. The Bank shall establish a deferral account ("Deferral Account") on its books for the Director, and shall credit to the Deferral Account the following amounts:
and Crediting. The Company shall establish a Deferral Account on its books for the Executive, and shall credit to the Deferral Account the following amounts:
and Crediting. The Bank shall establish a Deferral Account on its books for the Executive, and shall credit to the Deferral Account the following amounts:
and Crediting. The Company shall establish a Deferral Account on its books for the Director and shall credit to the Deferral Account the following amounts: (a) Any Deferrals hereunder; and (b) Interest as follows: (i) On the last day of each month and immediately prior to the distribution of any benefits, but only until commencement of benefit distributions under this Agreement, interest shall be credited on the Deferral Account at an annual rate equal to the Crediting Rate, compounded monthly; and (ii) On the last day of each month during any applicable installment period, interest shall be credited on the unpaid Deferral Account balance at an annual rate equal to the Crediting Rate in effect at the time distribution commences. During the distribution period under Article 4 or Article 5, the Board, in its sole discretion, may change the rate used to calculate interest in this Section 3.1(b)(ii) provided such rate shall not be less than the 10-year Treasury rate plus one percent (1%) on the date the board resets the rate.
and Crediting. ONB shall establish a Deferral Account on its books for the Executive and shall credit the Deferral Account the following amounts:

Related to and Crediting

  • Compounding and Crediting Dividends will be compounded and will be credited as set forth in the Schedule. The Dividend Period ("period") for each of your accounts is set forth in the Schedule. The dividend period begins on the first calendar day of the period and ends on the last calendar day of the period. If your account is closed or you make a withdrawal during a dividend period before dividends are credited, you may not receive accrued but uncredited dividends.

  • Establishing and Crediting The Company shall establish a Deferral Account on its books for the Director and shall credit to the Deferral Account the following amounts:

  • Preauthorized Credits If you have arranged to have direct deposits made to your account at least once every 60 days from the same person or company, you can call us to find out whether or not the deposit has been made.

  • Maintenance of Records by Lenders Each Lender shall maintain in accordance with its usual practice records evidencing the indebtedness of the Borrower to such Lender resulting from each Loan made by such Lender, including the amounts and Currency of principal and interest payable and paid to such Lender from time to time hereunder.

  • Liability for Failure to Stop Payment of Preauthorized Transfers If you order us to stop payment of a preauthorized transfer three (3) business days or more before the transfer is scheduled and we do not do so, we will be liable for your losses or damages.