Common use of Money Market Fund Shares Clause in Contracts

Money Market Fund Shares. NOT FDIC INSURED Shares of money market mutual funds purchased through a money market sweep account are not deposits or obligations of, and are not guaranteed by, the Bank or any other financial institution. They also are not insured by the FDIC or any other government agency. These shares involve investment risks, including the possible loss of the principal invested. The balance or “floor amount” that remains in the checking account portion of any money market checking sweep account is, however, FDIC-insured, up to the limits established by law.

Appears in 3 contracts

Samples: Account Agreement, Account Agreement, Account Agreement

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Money Market Fund Shares. NOT FDIC INSURED Shares of money market mutual funds purchased through a money market sweep account Money Market Checking Sweep Account are not deposits or obligations of, and are not guaranteed by, the Bank or any other financial institution. They also are not insured by the FDIC or any other government agency. These shares involve investment risks, including the possible loss of the principal invested. The balance or floor amountthat remains in the checking account portion of any money market checking sweep account Money Market Checking Sweep Account is, however, FDIC-insured, up to the limits established by law.

Appears in 2 contracts

Samples: Account Agreement, Account Agreement

Money Market Fund Shares. NOT FDIC INSURED Shares of money market mutual funds purchased through a money market sweep account Money Market Checking Sweep Account are not deposits or obligations of, and are not guaranteed by, the Bank or any other financial financial institution. They also are not insured by the FDIC or any other government agency. These shares involve investment risks, including the possible loss of the principal invested. The balance or “floor ‘floor amountthat remains in the checking account portion of any money market checking sweep account Money Market Checking Sweep Account is, however, FDIC-insured, up to the limits established by law.

Appears in 1 contract

Samples: Account Agreement

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Money Market Fund Shares. NOT FDIC INSURED Shares of money market mutual funds purchased through a money market sweep account Money Market Checking Sweep Account are not deposits or obligations of, and are not guaranteed by, the this Bank or any other financial institution. They also are not insured by the FDIC or any other government agency. These shares involve investment risks, including the possible loss of the principal invested. The balance or floor amountthat remains in the checking account portion of any money market checking sweep account Money Market Checking Sweep Account is, however, FDIC-insured, up to the limits established by law.

Appears in 1 contract

Samples: cups.cs.cmu.edu

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