Frequency of Rate Changes Sample Clauses

Frequency of Rate Changes. We may change the interest rate on your Deposit Account at any time. • Limitations on Rate Changes – There are no maximum or minimum interest rate limits. • Tiered Interest Rate – Interest is paid on the amount of funds within each defined tier, creating a blended interest rate for the entire balance COMPOUNDING AND CREDITING – Interest will remain on deposit. A withdrawal will reduce earnings. If you close your Account before interest is credited, you will not receive the accrued interest. Please see the interest accrual and compounding methods below. Type of Account Interest Crediting Interest Compounding HSA Checking Monthly Daily BALANCE COMPUTATION METHOD – We use the daily balance method to calculate the interest on your Deposit Account. This method applies a daily periodic rate to the ledger balance of your Deposit Account.
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Frequency of Rate Changes. We may change the Interest Rate and Annual Percentage Rate on your account at any time. Determination of Rate At our discretion, we may change the Interest Rate and Annual Percentage Rate on your account. Minimum-Balance Requirements $1 minimum deposit is required to open this account. Compounding and Crediting Frequency Interest will be compounded every month. Interest will be credited to your account every month.
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Frequency of Rate Changes. All interest-bearing Accounts are variable rate Accounts unless otherwise indicated. The interest rate may change at the Bank’s discretion and may include not paying interest on the account. The interest rate and APY offered may vary depending on the customer relationship, the local area you open your account and the method of account opening. Additionally, we may offer a bonus or promotional rate on specific accounts or to specific customers and these offers will not apply to all accounts, customers, local areas or methods of account opening. You may obtain the current interest rate and APY on your account by calling 000-0XXXXXX or 000-000-0000.
Sample 1
Frequency of Rate Changes. We may change the interest rate on your account at any time. ◼ Determination of Rate. At our discretion, we may change the interest rate on your account. ◼ Compounding Frequency. Interest will be compounded at maturity. ◼ Minimum Deposits. You must deposit at least $500 to open this account. ◼ Minimum Balance to Obtain the Annual Percentage Yield Disclosed. You must maintain a minimum balance of $500 in the account each day to obtain the disclosed annual percentage yield. ◼ Credit and Payment of Interest. Interest will be credited to your account at maturity. The following rules apply to both Fixed and Variable Rate Time Deposits: ◼ Daily Balance Computation Method. We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
Sample 1
Frequency of Rate Changes. At our discretion, we may change the interest rate on your Account at any time. Visit Bask Bank (www. xxxxxxxx.xxx) to determine the most current rate information applicable to your Account.
Sample 1
Frequency of Rate Changes. At our discretion, we may change the interest rate on your Account at any time. Determination of Rate: This is an all-balance account with interest accruing as stated. Compounding and Crediting Frequency: Interest is compounded daily and is credited to the Account on the last day of the statement cycle. Effect of Closing an Account: If the Account is closed before or on the last day of a statement cycle, accrued interest for that period will not be paid. Minimum Balance to Open the Account: There is no minimum balance required in order to open a Bask Interest Savings; however, accounts that do not receive an initial deposit within 15 business days may be closed. Minimum Balance to Obtain Annual Percentage Yield: There is no minimum balance to obtain annual percentage yield Daily Balance Computation Method: We use the daily collected balance method to calculate the interest on your Account. This method applies a daily periodic rate to the principal in the Account each day. Accrual of Interest on Non-Cash Deposits: Interest begins to accrue no later than the Business Day we receive credit for the deposit of non-Cash items (for example, Checks). Transaction Limitations: Transfers from a Bask Interest Savings Account to another Account or to Third Parties by preauthorized, automatic, telephone or computer transfer are limited to six per month. No transfers by Check, draft, debit card or similar order to Third Parties are permitted. Fees: There are no monthly account fees however, the following fees may be assessed against your account: • Outgoing wire transfers (Domestic & International): $35 (may be subject to receiving bank charges)
Sample 1
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Frequency of Rate Changes. Party CD Sign Security Agreement? The increased rate will then apply for the remainder of the term.
Sample 1
Frequency of Rate Changes. We may change the interest rate on your account at any time. ◼ Determination of Rate. At our discretion, we may change the interest rate on your account. ◼ Compounding Frequency. Interest will not be compounded. ◼ Crediting Frequency. Interest will be credited to your account at maturity. ◼ Minimum Balance to Obtain the Annual Percentage Yield Disclosed. You must maintain a minimum balance of $500 in the account each day to obtain the disclosed annual percentage yield. The following rules apply to both Fixed and Variable Rate Time Deposits:
Sample 1

Related to Frequency of Rate Changes

  • Rate Changes Pricing is fixed for the base term of the Agreement. Thereafter, Firm may request an increase to hourly rates to account for changes in the market prices for legal services. Any increase is subject to Citizens’ approval at Citizens’ sole discretion, and must be evidenced by a formal amendment to this Agreement. Price adjustments shall not be applied retroactively. Alternative fee arrangements must be pre-approved by Citizens in writing.

  • Deposit Pay ment of The Fixed Reserve Price 5.1. E-Bidders must make deposit payment as required under the Conditions of Sale attached to Proclamation of Sale, i.e. 10% of the reserve price.

  • Emergency Schedule Changes The Employer may adjust an overtime-eligible employee’s workweek and work schedule without prior notice in emergencies or unforeseen operational needs.

  • Emergency Rate Redetermination Forest Service shall redetermine rates if, upon Purchaser's application, Forest Service determies that, because of changes in the timber market since the award date or the last rate redetermination under this provision, the Producer Price Index identified in A20 has declined by 25 percent. Rates shall be redetermined under B3.3 and shall be considered established under B3.1 for timber Scaled subsequent to Purchaser's application. This Subsection shall not apply during Contract Term Extension.

  • Fee Changes On each anniversary date of this Agreement (determined from the “Effective Date” for each Fund as set forth on Appendix IV), the base and/or minimum fees enumerated in Appendix IV attached hereto, may be increased by the change in the Consumer Price Index for the Northeast region (the “CPI”) for the twelve-month period ending with the month preceding such annual anniversary date. Any CPI increases not charged in any given year may be included in prospective CPI fee increases in future years. GFS Agrees to provide the Board prior written notice of any CPI increase.

  • Interest Rate Limitation Notwithstanding anything to the contrary contained in any Loan Document, the interest paid or agreed to be paid under the Loan Documents shall not exceed the maximum rate of non-usurious interest permitted by applicable Law (the “Maximum Rate”). If the Administrative Agent or any Lender shall receive interest in an amount that exceeds the Maximum Rate, the excess interest shall be applied to the principal of the Loans or, if it exceeds such unpaid principal, refunded to the Borrower. In determining whether the interest contracted for, charged, or received by the Administrative Agent or a Lender exceeds the Maximum Rate, such Person may, to the extent permitted by applicable Law, (a) characterize any payment that is not principal as an expense, fee, or premium rather than interest, (b) exclude voluntary prepayments and the effects thereof, and (c) amortize, prorate, allocate, and spread in equal or unequal parts the total amount of interest throughout the contemplated term of the Obligations hereunder.

  • Increment Dates 1. The increment date shall be the first of the month following the month in which applicable experience accumulation is achieved.

  • Climate Change 1. The Parties recognize that the climate change and its adverse effects are a common concern. In that sense, and under their international commitments, the Parties agree to promote joint measures to limit or reduce the adverse effects of the climate change. 2. For promoting sustainable development, each Party, within its own capacities, shall adopt policies and measures on issues such as: (a) improvement of energy efficiency; (b) research, promotion, development and use of new and renewable energy, technologies of carbon dioxide capture, and updated and innovative environmental technologies that do not affect food security or the conservation of biological diversity; and (c) measures for evaluating the vulnerability and adaptation to climate change.

  • Wage Rate Payments / Changes During Contract Term The wages to be paid under any resulting Contract shall not be less than the prevailing rate of wages and supplements as set forth by law. It is required that the Contractor keep informed of all changes in the Prevailing Wage Rates during the Contract term that apply to the classes of individuals supplied by the Contractor on any projects resulting from this Contract, subject to the provisions of the Labor Law. Contractor is solely liable for and must pay such required prevailing wage adjustments during the Contract term as required by law.

  • Price Changes Our storage charges will be as quoted to You for the first 26 weeks of storage. After 26 weeks, We may change the storage charges from time to time on giving 28 days’ written notice to You.

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