Annual Rate of Interest. An annual interest rate will be imposed on the debit balance in your account at a level no more than 2% above the prevailing broker’s call money rate as determined by CSFB. This rate is subject to change without notice. In the event of any default, CSFB may charge interest as a rate fixed by it not greater than three times the prevailing broker’s call money rate which shall not exceed the highest rate permitted by the laws of the State of New York.
Appears in 3 contracts
Samples: Customer Agreement (CNF Inc), Customer Agreement (Relational Investors LLC), Customer Agreement (Relational Investors LLC)
Annual Rate of Interest. An annual interest rate will be imposed on the debit balance in your account at a level no more than 2% above the prevailing broker’s call money rate as determined by CSFBCSSU. This rate is subject to change without notice. In the event of any default, CSFB CSSU may charge interest as a rate fixed by it not greater than three times the prevailing broker’s call money rate which shall not exceed the highest rate permitted by the laws of the State of New York.
Appears in 1 contract
Samples: Special Custody Account Agreement (Cushing MLP Total Return Fund)
