Common use of Transfers and Interest Clause in Contracts

Transfers and Interest. Interest rates paid on deposits in Depository Accounts are determined by the Insured Depositories in their discretion based on prevailing economic and business conditions and such rates may change at any time without notice. The interest rate paid by any Insured Depository may fluctuate daily based on market conditions. The net interest earned on your deposits will be set forth in your account statement. If your funds are received by the FFB Custodian by 3:00 p.m. (Eastern Time), your FFB Account will receive same day credit. In your monthly account statements, StoneCastle may estimate the aggregate amount of accrued but unpaid interest less any FICA Fee with respect to such interest, which amount cannot be withdrawn from your FFB Account until it is credited to the FFB Account. Any estimate of net accrued interest on your monthly account statement is for informational purposes only. Each Insured Depository may profit from the difference between the interest it pays on the Depository Accounts and the income it earns on loans, investments, and other business operations. Each Insured Depository may pay the FFB Custodian and/or StoneCastle fees for its services related to your Deposits equal to a percentage of the average daily deposit balance in the Depository Accounts at the Insured Depository. StoneCastle may share such fees with the FFB Custodian. The amount of any fees an Insured Depository pays could directly affect the interest rate paid by the Insured Depository on your Deposit. The fees paid to the FFB Custodian and/or StoneCastle by each Insured Depository may vary. The FICA Fee will be deducted from your FFB Account on the day interest from a Depository Account is credited to your FFB Account. See Section 9 “Account Fees and Charges.” The rate you earn on your Deposits at any Insured Depository through the FFB Program may be higher or lower than the rates available to depositors making non-FFB Program deposits with an Insured Depository, rates available through other types of accounts at U.S. Bank, or rates offered by other depository institutions in comparable accounts. Any fees imposed under the FFB Program could reduce earnings on your Deposits. You should compare the terms, interest rates, charges and other features of the FFB Program with other accounts and investment alternatives. There is no minimum period that your money must remain in the FFB Program. Interest will be accrued daily and posted monthly to the Depository Account. Interest will accrue on Deposits from the Business Day (as defined below) your funds are received in investible form by the FFB Custodian through the date you request those funds to be withdrawn. The “daily balance method” is used to calculate interest. This method applies a daily periodic interest rate to the principal in the account for the period. The daily rate is 1/365 of the applicable annual rate. Your withdrawal request should generally be fulfilled, with the withdrawal proceeds wired to an account that you designate, on the Business Day following the day your withdrawal request is processed. See Section 8 “Withdrawals.” Funds must be posted to your FFB Account by 3:00 p.m. (Eastern Time) on any Business Day in order for the FFB Custodian to initiate a transfer of your funds to the Insured Depositories on the same day. If funds are received by the FFB Custodian after 3:00 p.m. (Eastern Time) on any Business Day or funds are received on a non-Business Day, then the FFB Custodian will generally initiate a transfer of your funds on the next Business Day, pursuant to instructions received from StoneCastle. The transfers may not occur within the timeframes described above, and neither StoneCastle, the FFB Custodian nor any Sub-Custodian will be responsible for delays in the processing of funds transfers to or from your FFB Account or to or from Depository Accounts, or between Insured Depositories. There is no minimum initial deposit required to open a FFB Account (as provided in Section 6 below), and there is no minimum balance required to maintain your participation in the FFB Program. There also is no minimum period that your money must remain on deposit in the FFB Program. You may withdraw deposits from your FFB Account on any Business Day, and there is no limitation on the dollar amount of your withdrawals from, or deposits to, your FFB Account. There is no penalty or fees for withdrawal of your entire balance, or any part thereof, at any time.

Transfers and Interest. Interest rates paid on deposits in Depository Accounts are determined by the Insured Depositories in their discretion based on prevailing economic and business conditions and such rates may change at any time without notice. The interest rate paid by any Insured Depository may fluctuate daily based on market conditions. The net interest earned on your deposits will be set forth in your account statement. If your funds are received by the FFB FICA Custodian by 3:00 p.m. (Eastern Time), your FFB FICA Account will receive same day credit. In your monthly account statements, StoneCastle may estimate the aggregate amount of accrued but unpaid interest less any FICA Fee with respect to such interest, which amount cannot be withdrawn from your FFB FICA Account until it is credited to the FFB FICA Account. Any estimate of net accrued interest on your monthly account statement is for informational purposes only. Each Insured Depository may profit from the difference between the interest it pays on the Depository Accounts and the income it earns on loans, investments, and other business operations. Each Insured Depository may pay the FFB FICA Custodian and/or StoneCastle fees for its services related to your Deposits equal to a percentage of the average daily deposit balance in the Depository Accounts at the Insured Depository. StoneCastle may share such fees with the FFB FICA Custodian. The amount of any fees an Insured Depository pays could directly affect the interest rate paid by the Insured Depository on your Deposit. The fees paid to the FFB FICA Custodian and/or StoneCastle by each Insured Depository may vary. The FICA Fee will be deducted from your FFB FICA Account on the day interest from a Depository Account is credited to your FFB FICA Account. See Section 9 “Account Fees and Charges.” The rate you earn on your Deposits at any Insured Depository through the FFB FICA Program may be higher or lower than the rates available to depositors making non-FFB FICA Program deposits with an Insured Depository, rates available through other types of accounts at U.S. Bank, or rates offered by other depository institutions in comparable accounts. Any fees imposed under the FFB FICA Program could reduce earnings on your Deposits. You should compare the terms, interest rates, charges and other features of the FFB FICA Program with other accounts and investment alternatives. There is no minimum period that your money must remain in the FFB FICA Program. Interest will be accrued daily and posted monthly to the Depository Account. Interest will accrue on Deposits from the Business Day (as defined below) your funds are received in investible form by the FFB FICA Custodian through the date you request those funds to be withdrawn. The “daily balance method” is used to calculate interest. This method applies a daily periodic interest rate to the principal in the account for the period. The daily rate is 1/365 of the applicable annual rate. Your withdrawal request should generally be fulfilled, with the withdrawal proceeds wired to an account that you designate, on the Business Day following the day your withdrawal request is processed. See Section 8 “Withdrawals.” Funds must be posted to your FFB FICA Account by 3:00 p.m. (Eastern Time) on any Business Day in order for the FFB FICA Custodian to initiate a transfer of your funds to the Insured Depositories on the same day. If funds are received by the FFB FICA Custodian after 3:00 p.m. (Eastern Time) on any Business Day or funds are received on a non-non- Business Day, then the FFB FICA Custodian will generally initiate a transfer of your funds on the next Business Day, pursuant to instructions received from StoneCastle. The transfers may not occur within the timeframes described above, and neither StoneCastle, the FFB FICA Custodian nor any Sub-Custodian will be responsible for delays in the processing of funds transfers to or from your FFB FICA Account or to or from Depository Accounts, or between Insured Depositories. There is no minimum initial deposit required to open a FFB FICA Account (as provided in Section 6 below), and there is no minimum balance required to maintain your participation in the FFB FICA Program. There also is no minimum period that your money must remain on deposit in the FFB FICA Program. You may withdraw deposits from your FFB FICA Account on any Business Day, and there is no limitation on the dollar amount of your withdrawals from, or deposits to, your FFB FICA Account. There is no penalty or fees for withdrawal of your entire balance, or any part thereof, at any time.

Transfers and Interest. Interest rates paid on deposits in Depository Accounts are determined by the Insured Depositories Depository Banks in their discretion based on prevailing economic and business conditions and such rates may change at any time without notice. The interest rate paid by any Insured Depository Bank may fluctuate daily based on market conditions. The net interest earned on your deposits will be set forth in your account statement. If your funds are Funds must be received by the FFB ICA Custodian by 3:00 12:00 p.m. (Eastern Time), in order for your FFB ICA Account will to receive same day credit. In your monthly account statements, StoneCastle may estimate the aggregate amount of accrued but unpaid interest less any FICA Fee ICA fee (the “ICA Fee”) with respect to such interest, which amount cannot be withdrawn from your FFB ICA Account until it is credited to the FFB ICA Account. Any estimate of net accrued interest on your monthly account statement is for informational purposes only. Each Insured Depository may profit from the difference between the interest it pays on the Depository Accounts and the income it earns on loans, investments, and other business operations. Each Insured Depository may pay the FFB Custodian and/or StoneCastle fees for its services related to your Deposits equal to a percentage of the average daily deposit balance in the Depository Accounts at the Insured Depository. StoneCastle may share such fees with the FFB Custodian. The amount of any fees an Insured Depository pays could directly affect the interest rate paid by the Insured Depository on your Deposit. The fees paid to the FFB Custodian and/or StoneCastle by each Insured Depository may vary. The FICA ICA Fee will be deducted from your FFB ICA Account on the day interest from a Depository Account is credited to your FFB ICA Account. See Section 9 8 “Account Fees and Charges.” ”. The rate you earn on your Deposits deposits at any Insured Depository Bank through the FFB ICA Program may be higher or lower than the rates available to depositors making non-FFB ICA Program deposits with an Insured Depository, rates available through other types of accounts at U.S. Bank, a Depository Bank or with rates offered by other depository institutions in comparable accounts. Any fees imposed under the FFB Program could reduce earnings on your Deposits. You should compare the terms, interest rates, required minimum amounts, charges and other features of the FFB ICA Program with other accounts and investment alternatives. There is no minimum period that your money must remain in the FFB ICA Program. Interest will be accrued daily and posted monthly to the Depository Account. Interest will accrue on Deposits from the Business Day (as defined below) your funds are timely received in investible form by 12:00 p.m. (Eastern Time) by the FFB ICA Custodian through the date you request those funds to be withdrawn. The “daily balance method” is used to calculate interest. This method applies a daily periodic interest rate to the principal in the account for the period. The daily rate is 1/365 of the applicable annual rate. Your withdrawal request ICA Account should generally be fulfilled, credited with the withdrawal proceeds wired to an account that you designate, good funds on the Business Day (as defined below) following the day your withdrawal request is processed. See Section 8 7 “Withdrawals.” ”. At times, interest rates paid on deposits in Depository Accounts may be higher for funds with more limited liquidity. In such a case, you will have the right to select this option when available in accordance with the withdrawal provisions below. See Section 7 “Withdrawals”. Funds must be posted to your FFB ICA Account by 3:00 12:00 p.m. (Eastern Time) on any Business Day in order for the FFB ICA Custodian to initiate a transfer of your funds to the Insured Depositories Depository Banks on the same such day. If funds are received by the FFB ICA Custodian after 3:00 12:00 p.m. (Eastern Time) on any Business Day or funds are received on a non-Business Day, then the FFB ICA Custodian will generally initiate a transfer of your funds on the next Business Day, pursuant to instructions instruction received from StoneCastle. The transfers may not occur within the timeframes described above, and neither none of StoneCastle, the FFB ICA Custodian nor or any Sub-Custodian will be responsible for delays in the processing of funds transfers to or from your FFB ICA Account or to or from Depository Accounts, or between Insured DepositoriesDepository Banks. There is no minimum initial deposit required In addition, in each instance described above, the ability of the ICA Custodian to open a FFB Account (as provided initiate any transfer of funds will be subject to any limitations that may be imposed by any time-zone and/or local business day differences affecting the applicable Depository Bank(s), especially in the case of Non-U.S. Depository Accounts. See Section 6 “Depository Banks” below), and there is no minimum balance required to maintain your participation in the FFB Program. There also is no minimum period that your money must remain on deposit in the FFB Program. You may withdraw deposits from your FFB Account on any Business Day, and there is no limitation on the dollar amount of your withdrawals from, or deposits to, your FFB Account. There is no penalty or fees for withdrawal of your entire balance, or any part thereof, at any time.

Transfers and Interest. Interest rates paid on deposits in Depository Accounts are determined by the Insured Depositories Depository Banks in their discretion based on prevailing economic and business conditions and such rates may change at any time without notice. The interest rate paid by any Insured Depository Bank may fluctuate daily based on market conditions. The net interest earned on your deposits will be set forth in your account statement. If your funds are Funds must be received by the FFB ICA Custodian by 3:00 2:00 p.m. (Eastern Time), in order for your FFB ICA Account will to receive same day credit. In your monthly account statements, StoneCastle may estimate the aggregate amount of accrued but unpaid interest less any FICA Fee ICA fee (the “ICA Fee”) with respect to such interest, which amount cannot be withdrawn from your FFB ICA Account until it is credited to the FFB ICA Account. Any estimate of net accrued interest on your monthly account statement is for informational purposes only. Each Insured Depository may profit from the difference between the interest it pays on the Depository Accounts and the income it earns on loans, investments, and other business operations. Each Insured Depository may pay the FFB Custodian and/or StoneCastle fees for its services related to your Deposits equal to a percentage of the average daily deposit balance in the Depository Accounts at the Insured Depository. StoneCastle may share such fees with the FFB Custodian. The amount of any fees an Insured Depository pays could directly affect the interest rate paid by the Insured Depository on your Deposit. The fees paid to the FFB Custodian and/or StoneCastle by each Insured Depository may vary. The FICA ICA Fee will be deducted from your FFB ICA Account on the day interest from a Depository Account is credited to your FFB ICA Account. See Section 9 8 “Account Fees and Charges.” ”. The rate you earn on your Deposits deposits at any Insured Depository Bank through the FFB ICA Program may be higher or lower than the rates available to depositors making non-FFB ICA Program deposits with an Insured Depository, rates available through other types of accounts at U.S. Bank, a Depository Bank or with rates offered by other depository institutions in comparable accounts. Any fees imposed under the FFB Program could reduce earnings on your Deposits. You should compare the terms, interest rates, required minimum amounts, charges and other features of the FFB ICA Program with other accounts and investment alternatives. There is no minimum period that your money must remain in the FFB ICA Program. Interest will be accrued daily and posted monthly to the Depository Account. Interest will accrue on Deposits from the Business Day (as defined below) your funds are timely received in investible form by 2:00 p.m. (Eastern Time) by the FFB ICA Custodian through the date you request those funds to be withdrawn. The “daily balance method” is used to calculate interest. This method applies a daily periodic interest rate to the principal in the account for the period. The daily rate is 1/365 of the applicable annual rate. Your If your withdrawal request is received prior to 2:00 p.m. (Eastern Time) your ICA Account should generally be credited with good funds on the same Business Day (as defined below); and for any withdrawal request received at 2:00 p.m. (Eastern Time) or anytime thereafter, your ICA Account should generally be fulfilled, with the withdrawal proceeds wired to an account that you designate, on the Business Day (as defined below) following the day your withdrawal request is processed. See Section 8 7 “Withdrawals.” ”. At times, interest rates paid on deposits in Depository Accounts may be higher for funds with more limited liquidity. In such a case, you will have the right to select this option when available in accordance with the withdrawal provisions below. See Section 7 “Withdrawals”. Funds must be posted to your FFB ICA Account by 3:00 2:00 p.m. (Eastern Time) on any Business Day in order for the FFB ICA Custodian to initiate a transfer of your funds to the Insured Depositories Depository Banks on the same such day. If funds are received by the FFB ICA Custodian after 3:00 2:00 p.m. (Eastern Time) on any Business Day or funds are received on a non-Business Day, then the FFB ICA Custodian will generally initiate a transfer of your funds on the next Business Day, pursuant to instructions instruction received from StoneCastle. The transfers may not occur within the timeframes described above, and neither none of StoneCastle, the FFB ICA Custodian nor or any Sub-Custodian will be responsible for delays in the processing of funds transfers to or from your FFB ICA Account or to or from Depository Accounts, or between Insured DepositoriesDepository Banks. There is no minimum initial deposit required In addition, in each instance described above, the ability of the ICA Custodian to open a FFB Account (as provided initiate any transfer of funds will be subject to any limitations that may be imposed by any time-zone and/or local business day differences affecting the applicable Depository Bank(s), especially in the case of Non-U.S. Depository Accounts. See Section 6 “Depository Banks” below), and there is no minimum balance required to maintain your participation in the FFB Program. There also is no minimum period that your money must remain on deposit in the FFB Program. You may withdraw deposits from your FFB Account on any Business Day, and there is no limitation on the dollar amount of your withdrawals from, or deposits to, your FFB Account. There is no penalty or fees for withdrawal of your entire balance, or any part thereof, at any time.