Common use of Fixed Rate Information Clause in Contracts

Fixed Rate Information. The dividend rate and annual percentage yield (“APY”) on your certificate account is set forth in the Rate Addendum. The dividend rate and APY are fixed and will be in effect for the term of the account. The APY is based on the assumption that dividends will remain on deposit until maturity. A withdrawal of dividends will reduce earnings.

Appears in 6 contracts

Samples: Membership and Account Agreement, Master Account Agreement, Membership and Account Agreement

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Fixed Rate Information. The dividend rate and annual percentage yield (“APY”) APY on your certificate account is set forth in the Rate Addendum. The dividend rate and APY are fixed and will be in effect for the term of the account. The APY is based on the assumption that dividends will remain on deposit until maturity. A withdrawal of dividends will reduce earnings.

Appears in 1 contract

Samples: Master Account Agreement

Fixed Rate Information. The dividend rate and annual percentage yield (“APY”) on your certificate account is set forth in the Rate AddendumAddendum and Schedule of Fees and Charges. The dividend rate and APY are fixed and will be in effect for the term of the account. The APY is based on the assumption that dividends will remain on deposit until maturity. A withdrawal of dividends will reduce earnings.

Appears in 1 contract

Samples: Master Account Agreement

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Fixed Rate Information. The dividend rate and annual percentage yield (“APY”) APY on your certificate account is set forth in the Rate Addendum. The dividend rate and APY are fixed and will be in effect for the term of the accountcertificate. The APY is based on the assumption that dividends will remain on deposit until maturity. A withdrawal of dividends will reduce earnings.

Appears in 1 contract

Samples: Master Account Agreement

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