RATE OF INTEREST FOR A SPECIFIED ACCOUNT BALANCE CERTIFICATE. The annual rate of interest that is to be applied by the Participant separately to each of the Category 2 Accounts and each of the Category 3 Accounts in a Specified Account Balance Certificate shall, at the Participant's election, be either a fixed or a variable rate for each category. The Participant shall make such election in each Specified Account Balance Certificate without affecting any election made for balances covered by previous certificates.
Appears in 10 contracts
Samples: Transfer and Agency Agreement, Transfer and Agency Agreement, Transfer and Agency Agreement
