Common use of Float Earnings Clause in Contracts

Float Earnings. To the extent that such amounts generate float earnings, such earnings will generally be realized by NFS at rates approximating the Target Federal Funds Rate.

Appears in 10 contracts

Samples: Brokerage Account Customer Agreement, Brokerage Account Customer Agreement, Retirement Account Customer Agreement

AutoNDA by SimpleDocs

Float Earnings. To the extent that such amounts generate float earnings, such earnings will generally be realized by NFS at rates approximating the Target Federal Funds Rate.

Appears in 1 contract

Samples: Customer Agreement

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