Common use of Balance Computation Method Clause in Contracts

Balance Computation Method. Dividends are calculated by the Daily Balance Method that applies a daily periodic rate to the actual balance in the account at the end of each day. Dividends will begin to accrue on the business day you deposit cash and noncash items.

Appears in 2 contracts

Samples: Membership and Account Agreement, Membership and Account Agreement

AutoNDA by SimpleDocs

Balance Computation Method. Dividends are calculated by the Daily Available Balance Method that applies a daily periodic rate to the actual principal balance in the account at the end of each day. Dividends will begin to accrue ac- crue on the business day you deposit cash and noncash non-cash items.

Appears in 2 contracts

Samples: Account Agreement, Account Agreement

Balance Computation Method. Dividends are calculated by the Daily Balance Method that Method, which applies a daily periodic rate to the principal actual balance in the account at the end of each day. Dividends will begin to accrue on the business day you deposit cash and noncash items.

Appears in 2 contracts

Samples: Membership and Account Agreement, Membership and Account Agreement

Balance Computation Method. Dividends are calculated by the Daily Balance Method that Method, which applies a daily periodic rate to the actual balance in the account at the end of each day. Dividends will begin to accrue on the business day you deposit cash and noncash items.

Appears in 2 contracts

Samples: Membership and Account Agreement, Membership and Account Agreement

Balance Computation Method. Dividends are calculated by using the Daily Balance Method that daily balance method. The daily balance method applies a daily periodic rate to the actual daily balance in the account at for the end period. Accrual of each dayDividends on Non-cash Deposits. Dividends will begin to accrue on the business day you deposit non-cash items (for example checks) to the account Fees and noncash itemsCharges. A Custodial Fee will be deducted annually (Refer to the current “Schedule of Service Charges”).

Appears in 1 contract

Samples: Depositor/Member Agreement

AutoNDA by SimpleDocs

Balance Computation Method. Dividends are calculated by using the Daily Balance Method that daily balance method.The daily balance method applies a daily periodic rate to the actual daily balance in the account at for the end period. Accrual of each dayDividends on Non-cash Deposits. Dividends will begin to accrue on the business day you deposit non-cash items (for example checks) to the account. Fees and noncash itemsCharges. A Custodial Fee will be deducted annually (Refer to the current “Schedule of Service Charges”).

Appears in 1 contract

Samples: Depositor/Member Agreement

Balance Computation Method. Dividends are calculated by the Daily Balance Method that daily balance method, which applies a daily periodic rate to the actual balance in the account at the end of each day. Dividends will begin to accrue on the business day you deposit non-cash and noncash itemsitems (e.g., checks) to your account if deposited before the close of business.

Appears in 1 contract

Samples: Share Account Agreement

Balance Computation Method. Dividends are calculated by using the Daily Balance Method that daily balance method.The daily balance method applies a daily periodic rate to the actual daily balance in the account at for the end period. Accrual of each dayDividends on Non-cash Deposits. Dividends will begin to accrue on the business day you deposit place non-cash items (for example, checks) into your account. Fees and noncash itemsCharges. A Custodial Fee will be deducted annually (Refer to the current “Schedule of Service Charges”).

Appears in 1 contract

Samples: Depositor/Member Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!