Examples of Excess Rate in a sentence
The amount equivalent to the Excess Rate on the Capital# will be distributed to the members or external retirement scheme investors provided that the following conditions are satisfied: they have held units in the Fund and remain members or external retirement scheme investors as at the last date of the relevantcalendar year (i.e. 31 December of that calendar year) and at the time of actual distribution (i.e. Crediting Day) (referred to as "Eligible Members").
Crediting of the Excess Rate after the end of the calendar year If the Declared Rate of Return declared by China Life for that calendar year is higher than the Guaranteed Rate of Return (the excess being the "Excess Rate"), an amount equivalent to the Excess Rate on the Capital# will be distributed after the declaration of the Declared Rate of Return (normally within 30 Business Days after the aforesaid declaration) by means of additional bonus units of the Fund ("Crediting Day").
Unless the Pool Pricing is fixed (as described in Section 2 above), Xerox may annually adjust the Pool Monthly Charge, Pool Prints Included, and Excess Rate per Print, each such adjustment not to exceed 10%.
In addition to your obligations if your Account becomes overdrawn, you agree that if you fail to pay any amount payable by you under the Terms and Conditions, you will, to the extent permitted by applicable law, pay to us interest on the unpaid amount at the Excess Rate.
It will be charged on the daily closing debit balance using the Excess Rate.