INTEREST ON DELAYED PAYMENT. In the event that a wire is delayed, the interest owed shall be charged at the Federal Funds “offered” rate as published by The Wall Street Journal and shall accrue on the amount of the delayed payment from the date due until the date paid.
Appears in 11 contracts
Samples: Participation Agreement (Mutual of America Separate Account No 2), Electronic Trading Agreement (Separate Account I of National Integrity Life Ins Co), Electronic Trading Agreement (Separate Account I of Integrity Life Insurance Co)