Common use of Child and Pension Deposits Clause in Contracts

Child and Pension Deposits. interest rates are fixed for a year from the date of opening the deposit. After the mentioned period is expired the deposit interest rates shall be changed as per the interest rates established for the Child and Pension Deposits by the bank at the moment of expiry. Interest on the additionally deposited sums (tranches) made after a year from the date of opening the deposit account shall be accrued as per the interest rates established for the Child and Pension Deposits by the bank at the moment of the expiry of the mentioned one-year term.

Appears in 5 contracts

Samples: Banking Operations Agreement, Banking Operations Agreement, Banking Operations Agreement

AutoNDA by SimpleDocs

Child and Pension Deposits. interest rates are fixed for a year from the date of opening the deposit. After the mentioned period is expired the deposit interest rates shall be changed as per the interest rates established for the Child and Pension Deposits by the bank at the moment of expiry. Interest on the additionally deposited sums (tranches) made after a year from the date of opening the deposit account shall be accrued as per the interest rates established for the Child and Pension Deposits by the bank at the moment of the expiry of the mentioned one-one- year term.

Appears in 3 contracts

Samples: Banking Operations Agreement, Banking Operations Agreement, Banking Operations Agreement

Child and Pension Deposits. interest rates are fixed for a year from the date of opening the deposit. After the mentioned period is expired the deposit interest rates shall be changed as per the interest rates established for the Child and Pension Deposits by the bank at the baantkthe moment of expiry. Interest on the additionally deposited sums (tranches) made after a year from the date of opening the deposit account shall be accrued as per the interest rates established for the Child and Pension Deposits by the bank at the moment of the expiry of the mentioned one-year term.

Appears in 1 contract

Samples: Banking Operations Agreement

AutoNDA by SimpleDocs

Child and Pension Deposits. interest rates are fixed for a year from the date of opening the deposit. After the mentioned period is expired the deposit interest depositnterest rates shall be changed as per the interest rates established for the Child and Pension Deposits by the bank at the moment of expiry. Interest on the additionally deposited sums (tranches) made after a year from the date of opening the deposit account shall be accrued as per the interest rates established for the Child and Pension Deposits by the bank at the moment of the expiry of the mentioned oneon-year eyear term.

Appears in 1 contract

Samples: Banking Operations Agreement

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