Renewal Policy definition

Renewal Policy. This account will automatically renew at maturity and will renew at the current interest rate in effect at the date of maturity for the same term and condition as the previous certificate. You will receive notification 20 days prior to your maturity. You will have 7 calendar days after the maturity date to withdraw the funds without an early withdrawal penalty. Interest will not be earned during the grace period on funds withdrawn during the grace period. If you choose not to renew the certificate and the funds are transferred to another savings account at the Credit Union, interest will be paid from the date of maturity of the certificate at the current interest rate for the savings account in which the funds were deposited. For all Individual Retirement Accounts, a separate disclosure will be given at the time of opening.
Renewal Policy. This account type will automatically renew on January 1 of the following year after the initial deposit is made providing your Save to Win Certificate has had activity within the last three (3) months of the renewal date. The certificate will renew as a Save to Win certificate, with the APR being what is stated as our current Save to Win certificate rate. If you choose not to renew the certificate, the funds will be transferred to your Classic Saving Account at the Credit Union. You will receive a notice from the credit union 30 days prior to your certificate’s maturity. You will have a seven (7) day grace period after maturity to withdraw funds without being charged an early withdrawal penalty. To avoid a withdrawal penalty, all withdrawals must be made on the maturity date.
Renewal Policy means the board renewal policy adopted by the Board;

Examples of Renewal Policy in a sentence

  • Renewal Outcomes Pursuant to the Board of Regents Renewal Policy, the following are possible renewal outcomes: • Full-Term Renewal: A school’s charter may be renewed for the maximum term of five years.

  • Renewal Outcomes Pursuant to the Board of Regents Renewal Policy, the following are possible renewal outcomes:• Full-Term Renewal: A school’s charter may be renewed for the maximum term of five years.

  • Renewal Policy CD accounts will automatically renew for the same term at the interest rate in effect on the maturity date.

  • Renewal Policy This Account will automatically renew at maturity.

  • Specific information relating to an expiring HAP contract and the required notification to the tenants can be found in HUD’s Section 8 Renewal Policy Guidebook.

  • The Council has a general duty to consider the condition of the private sector housing stock upon which the Private Sector Housing Renewal Policy is based.

  • Renewal Policy: At maturity, all NestFund Certificates will automatically renew as a regular Certificate of Deposit for the term of 24 months at the rate in effect for regular 24 Month Certificates of Deposit at the time of renewal.

  • Renewal Policy: Unless you instruct the Credit Union otherwise, your certificate account will automatically renew at maturity.

  • The Section 8 Renewal Policy Guide Book is being published on June 30, 2017.

  • Again, policy implications from the two approaches are not the same.


More Definitions of Renewal Policy

Renewal Policy. This account type will automatically renew at maturity if the balance in the Save to Win is greater than $25.00. The certificate will renew as a 12-month Save to Win® Certificate, with the (APY) being what is stated as our current 12 month rate. If the balance in the certificate is less than $25.00 or if account holders choose not to renew the certificate, the funds will be transferred to the account holder’s regular savings account at the credit union. You will receive a notice from the credit union 30 days prior to your certificate’s maturity. You will have a seven (7) day grace period after maturity to withdraw funds without being charged an early withdrawal penalty.
Renewal Policy. Your term share account will automatically renew at maturity for the same term at the then current dividend rate. You will have a grace period of seven calendar days after the maturity date to withdraw the funds in the account without being charged an early withdrawal penalty. ● Nontransferable/Nonnegotiable: Your account is nontransferable and nonnegotiable.
Renewal Policy. As an automatically renewable account, your account will automatically renew for another term upon maturity at the prevailing rate. You have a grace period of ten (10) days after maturity in which to withdraw funds in the new account without being charged an early withdrawal penalty.
Renewal Policy. It is the landlord's policy to comply with applicable HUD and LIHTC rules and renew the tenant’s lease for successive terms so long as the tenant meets the program eligibility criteria for occupancy at the property and has demonstrated a history of complying with the lease covenants and these rules and regulations.
Renewal Policy means a policy (whether individual or family Members):
Renewal Policy or “Renewal Policies” has the meaning set forth in the recitals.

Related to Renewal Policy

  • Master Policy means a single worker’s compensation insurance policy issued by an insurer authorized to do business in this state to an employee leasing company in the name of the employee leasing company that covers more than one client of the employee leasing company.

  • Flood Insurance means the insurance coverage provided under the National Flood Insurance Program.

  • Environmental Policy means to conserve energy, water, wood, paper and other resources, reduce waste and phase out the use of ozone depleting substances and minimise the release of greenhouse gases, volatile organic compounds and other substances damaging to health and the environment, including any written environmental policy of the Customer;

  • Tail Policy has the meaning set forth in Section 6.18(b).

  • R&W Policy means those certain buyer-side representations and warranties insurance policies purchased by Buyer in connection with this Agreement.

  • Flood Insurance Study means the official report provided by the Federal Insurance Administration that includes flood profiles, the Flood Insurance Rate Map, the Flood Boundary and Floodway Map, and the water surface elevation of the base flood.

  • CSR Policy means the present Corporate Social Responsibility Policy of the Company, which covers the activities to be undertaken by the Company as specified in Schedule VII to the Act and the CSR Expenditure thereon.

  • Flood Insurance Regulations means (a) the National Flood Insurance Act of 1968 as now or hereafter in effect or any successor statute thereto, (b) the Flood Disaster Protection Act of 1973 as now or hereafter in effect or any successor statute thereto, (c) the National Flood Insurance Reform Act of 1994 (amending 42 USC § 4001, et seq.), as the same may be amended or recodified from time to time, and (d) the Flood Insurance Reform Act of 2004 and any regulations promulgated thereunder.

  • Flood Insurance Rate Map means the most recent flood hazard map published by the Federal Emergency Management Agency under the National Flood Insurance Act of 1968 (42 U.S.C. Section 4001 et seq.).

  • Flood Insurance Study (FIS means an examination, evaluation, and determination of flood hazards, corresponding water surface elevations (if appropriate), flood hazard risk zones, and other flood data in a community issued by the FEMA. The Flood Insurance Study report includes Flood Insurance Rate Maps (FIRMs) and Flood Boundary and Floodway Maps (FBFMs), if published.

  • National Flood Insurance Program means the program created by the U.S. Congress pursuant to the National Flood Insurance Act of 1968 and the Flood Disaster Protection Act of 1973, as revised by the National Flood Insurance Reform Act of 1994, that mandates the purchase of flood insurance to cover real property improvements located in Special Flood Hazard Areas in participating communities and provides protection to property owners through a Federal insurance program.

  • Policy means Related Party Transaction Policy.

  • Insurance Schedule means Schedule 3 attached hereto.

  • Flood Insurance Rate Map (FIRM means the official map on which the Federal Insurance Administration has delineated both the areas of special flood hazards and the risk premium zones applicable to the community.

  • Insurance score means a number or rating that is derived from an algorithm, computer application, model, or other process that is based in whole or in part on credit information for the purposes of predicting the future insurance loss exposure of a consumer.

  • FHA Insurance means the Federal mortgage insurance authorized pursuant to Section 220, 221(d)(3), 221 (d)(4) or 223(f) of Title II of the National Housing Act of 1934, as amended.

  • Hazard Insurance Policy means, with respect to each Contract, the policy of fire and extended coverage insurance (and federal flood insurance, if the Manufactured Home is secured by an FHA/VA Contract and such Manufactured Home is located in a federally designated special flood area) required to be maintained for the related Manufactured Home, as provided in Section 5.09, and which, as provided in said Section 5.09, may be a blanket mortgage impairment policy maintained by the Servicer in accordance with the terms and conditions of said Section 5.09.

  • Standard Hazard Insurance Policy means a fire and casualty extended coverage insurance policy in such amount and with such coverage as required by this Agreement.

  • Business Travel Policy means our business travel policy. A copy of our current Business Travel Policy is attached as Schedule 1 to Exhibit B.

  • Flood Insurance Laws means, collectively, (i) the National Flood Insurance Act of 1968 as now or hereafter in effect or any successor statute thereto, (ii) the Flood Disaster Protection Act of 1973 as now or hereafter in effect or any successor statue thereto, (iii) the National Flood Insurance Reform Act of 1994 as now or hereafter in effect or any successor statute thereto and (iv) the Flood Insurance Reform Act of 2004 as now or hereafter in effect or any successor statute thereto.

  • Federal Flood Insurance means federally backed Flood Insurance available under the National Flood Insurance Program to owners of real property improvements located in Special Flood Hazard Areas in a community participating in the National Flood Insurance Program.

  • Credit unemployment insurance means insurance:

  • Fundamental Policies means the investment policies and restrictions as set forth from time to time in any Registration Statement of the Trust filed with the Commission and designated as fundamental policies therein, as they may be amended from time to time in accordance with the requirements of the 1940 Act.

  • D&O Tail Policy has the meaning set forth in Section 5.8(c).

  • Blanket insurance policy means a group policy covering a defined class of

  • Policy Term means the term of this Policy as specified in the Schedule;