Interest on Cash Balances Sample Clauses

Interest on Cash Balances. All balances in the Cash and Margin account types will be net together. If the netting results in a settled debit, debit interest will be charged. If the netting results in a settled credit, credit interest will be paid. Interest will be paid on those net credit balances that accrue $1.00 or greater of interest during the month. Please refer to Section 40 “Securities Industry Protection Corporation (SIPC) and Excess SIPC Coverage” for a discussion of your account protection. Please consult your Financial Professional for additional information.

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Interest on Cash Balances. For your account to be credited with interest, you must sign the New Account Application that specifies that funds left with HTS are pending investment. Interest will be paid on those balances that accrue $1.00 or greater of interest during the month. Please refer to Section 40 “Securities Industry Protection Corporation (SIPC) and Excess SIPC Coverage” for a discussion of your account protection.

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Interest on Cash Balances. Interest is to be credited/charged on the Parties' daily cash balances with the Operator (positive and negative). This interest credit/charge is to be calculated on the Operator's internal accounts showing daily cash balances per currency called and/or arising from the use of separate bank accounts for the Joint Operations. The Operator's contribution shall be credited on the due day of payment for the cash call. Interest and other conditions shall in principle correspond to the conditions that a company with a similar cash flow would obtain in a first-class bank, but not less than those corresponding to the interest obtained by the Operator. The following two alternatives shall be considered as equal: The rate of interest shall be determined on a three month basis and be linked to a relevant Interbank Rate: Group 1: NOK – NIBOR (3 months) + 1,0 % / - 1,0 % Group 2: EUR – EUROLOBOR (3 months) + 0,5%/- 0,5% Group 3: Others (e.g. USD, GBP) -LIBOR (3 months) + 0,5 % / - 0,5 % A one month average of this month for three months' "Norwegian Interbank Offered Rate" as quoted by Reuters page NIBP at 12:00 noon. For the day or days when such rates are not available, three months' NIBOR from Den norske Bank, Oslo, quoted the day before the relevant day of quotation, shall be used. If the above-mentioned NIBOR quotations are based on 365/360 days, the rate shall be multiplied with the fraction 365/360 to reflect the Norwegian principle of calculating the interest rate in 360/360 or 365/365 days. In calculating the monthly average, quotations given with four decimals shall be used. A one month average of this month for three months' "Euro Currency Interest Rate" as quoted by Reuters page LIBOR 01 at 11:00 A.M. London time. For the day or days when such rates are not available, three months' LIBOR for the currency in question from Chase Manhattan Bank, London, quoted the day before the relevant day of quotation, shall be used. In calculating the monthly average, quotations given with four decimals shall be used. The above-mentioned interest rate shall be amended if there is a discrepancy between the base of the interest rate and the calculation principles regarding the days of interest. If the Operator has established separate bank accounts for licence cash balances (covering one or more licences), the interest earned/paid by the Operator shall be allocated to the Parties based on the Operator's and the Non-operators' actual deposits in these accounts. Both the Operato...

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Interest on Cash Balances. For your account to be credited with interest, you must sign the New Account Application that specifies that funds left with SWST are pending investment. Interest will be paid on those balances that accrue $1.00 or greater of interest during the month. See the section “SIPC Coverage and Excess SIPC Coverage” for a discussion of your account protection.

Interest on Cash Balances. FSC will pay interest on cash balances carried in your Account that are pending investment or reinvestment when the monthly accrual is $2.00 or greater. For your Account to be credited with interest, you must sign the Account Application form, specifying that funds left in your Account are pending investment. The annual rate of interest paid on a credit balance is generally determined by the cost of borrowing money. The rate is related to short-term money market instruments; however, it is not tied directly to any standard such as the prime or the broker call money rate. The rate is set solely at FSC’s discretion.

Interest on Cash Balances. The following conditions shall apply to interest earnings with respect to cash balances in a Participant's Custodial Account: (a) Interest will be paid only on cash balances of $10 or more. (b) Interest will be paid for each day during the month in which the cash balance equals or exceeds the minimum $10 requirement. (c) The rate of interest will be established on the first business day of each month; provided, however, that the Custodian retains the right to change the rate at any time to any rate permitted by law.

Interest on Cash Balances. Interest on cash balances in the Deferral Account shall be calculated and credited, from and after December 1, 2005, as though such balances were invested in the Money Market Fund that is available in the same period for notional investments of cash in the Jxxxxxxxx Group, Inc. Deferred Compensation Plan.

Interest on Cash Balances. I understand that Public Investing earns interest on uninvested cash balances held in my Investing Account and that I will not receive any portion of this interest.

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