Common use of Distribution of Interest Clause in Contracts

Distribution of Interest. Indicate how often you would like to receive interest payments on your Bond. Please mark only one box. All interest earned and not paid to you will be added to the principal amount of your Bond monthly for Foundation Bonds and annually for all other Bonds. Note: Foundation Bonds only allow for monthly distributions. Let my interest accumulate and compound in my investment Pay to me by electronic transfer: Annually Semi-annually Quarterly ($5,000 minimum investment) Monthly ($50,000 minimum investment)

Appears in 4 contracts

Samples: Subscription Agreement, Subscription Agreement, Subscription Agreement

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Distribution of Interest. Indicate how often you would like to receive interest payments on your Bond. Please mark xxxx only one box. All interest earned and not paid to you will be added to the principal amount of your Bond monthly for Foundation Bonds and annually for all other Bonds. Note: Foundation Bonds only allow for monthly distributions. Let my interest accumulate and compound in my investment Pay to me by electronic transfer: Annually Semi-annually Quarterly ($5,000 minimum investment) Monthly ($50,000 minimum investment)

Appears in 2 contracts

Samples: Subscription Agreement, Subscription Agreement

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