Common use of Renewal Period Clause in Contracts

Renewal Period. You may prevent renewal if we receive written notice from you before maturity of your intention not to renew. If you do not notify us, the renewal term will be the same as the original term, beginning on the maturity date. The Dividend Rate will be adjusted to the current rate as set forth on the current Deposit Rate Sheet.

Appears in 2 contracts

Samples: Member Account Agreement, Member Account Agreement

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Renewal Period. You may prevent renewal if we receive written notice from you before maturity of your intention not to renew. If you do not notify us, the renewal term will be the same as the original term, beginning on the maturity date. The Dividend Rate dividend rate will be adjusted to the current rate as set forth on the current Deposit Rate Sheet.

Appears in 1 contract

Samples: Account Agreement

Renewal Period. You may prevent renewal if we receive written notice from you before maturity of your intention not to renew. If you do not notify us, the renewal term will be the same as the original term, beginning on the maturity date. The Dividend Rate will be adjusted to the current rate as set forth on the current Deposit Rate Sheet. Compounding and Crediting: Dividends will be compounded and paid annually and upon maturity. Dividend Period: The dividend period is annually.

Appears in 1 contract

Samples: Member Account Agreement

Renewal Period. You may prevent renewal if we receive written notice from you before maturity of your intention not to renew. If you do not notify us, the renewal term will be the same as the original term, beginning on the maturity date. The Dividend Rate dividend rate will be adjusted to the current rate as set forth on the current Deposit Rate Sheet. Compounding and Crediting: Dividends will be compounded and credited monthly. Alternatively, you may choose to have dividends paid to you or to other accounts rather than credited to this account. Dividend Period: The dividend period is monthly.

Appears in 1 contract

Samples: Account Agreement

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Renewal Period. You may prevent renewal if we receive written notice from you before maturity of your intention not to renew. If you do not notify us, the renewal term will be the same as the original term, beginning on the maturity date. The Dividend Rate will be adjusted to the current rate as set forth on the current Deposit Rate Sheet. Compounding and Crediting: Dividends will be compounded and credited monthly. Alternatively, you may choose to have dividends paid to you or to other accounts rather than credited to this account. Dividend Period: The dividend period is monthly.

Appears in 1 contract

Samples: Member Account Agreement

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