Term Certificates definition

Term Certificates means those Certificates designated in a Series Resolution (or certificate of KISTA accepting the successful bid for the sale of Series Certificates) as having a single maturity date, but which are subject to Mandatory Principal Payments.
Sample 1Sample 2Sample 3
Term Certificates means any and all Series of shares, interests, Participations or other equivalent instruments representing fractional undivided interests in the Participation granted by the Company to the Trust with respect to the receivables, as specified in the Supplement related to such Series.
Sample 1Sample 2Sample 3
Term Certificates means those Investor Certificates designated as the Class A Certificates.
Sample 1Sample 2Sample 3

Examples of Term Certificates in a sentence

  • Unless otherwise specified for a specific type of Term Certificate below, these general terms and conditions shall apply to all Term Certificate Accounts, which are Term Certificates and IRA Term Certificates.

  • Share Term Certificates are offered in terms of 6, 12, 18, 24, 30, 36, 48 and 60 months.

  • The minimum balance for Money Market Share Accounts and Share Term Certificates is $250.

  • While Share Term Certificates earn a fixed interest rate, the rate for all other accounts is subject to change daily.

  • For deposit accounts that are not Term Certificates, , the dividend rate and annual percentage yield may change monthly as determined by the Credit Union's Board of Directors.

  • Share Term Certificates Minimum Deposit to Open Account $250 Returned Check Fee – Per check returned from a deposit $5 Account Closing Fee/Penalty* $0 * A dividend penalty will be charged for early cancellation of all types of Share Term Certificates.

  • Share Term Certificates Minimum deposit to open account $250 Returned check fee – per check returned from a deposit $5 Account closing fee/penalty* $0/penalty * A dividend penalty is charged for early cancellation of all types of Share Term Certificates.

  • Promotional Term Certificates will renew at maturity as defined in the Certificate of Deposit Truth in Savings Rate Schedule effective at the time of opening.

  • Share Term Certificates are fixed rate accounts, which means the rate will not change during the term of an STC.

  • The Client shall be the owner of the SBTF Daily and Term Certificate(s).


More Definitions of Term Certificates

Term Certificates means, collectively, those Certificates designated as the Class A Certificates and Class B Certificates.
Sample 1Sample 2
Term Certificates. Any Certificates of a Series that is designated as a Term Series in the Supplement for such Series.
Sample 1Sample 2
Term Certificates means any Certificates (including the 2005 Certificates maturing June 1, 2021) that are subject to mandatory redemption pursuant to sinking fund requirements.
Sample 1
Term Certificates means the Certificates maturing on October 1 in each of the years and .
Sample 1
Term Certificates means those Certificates maturing on August 1, 20 .
Sample 1
Term Certificates means, collectively, those Certificates designated as the Class A Certificates and the Class B Certificates.
Sample 1

Related to Term Certificates

  • Class M Certificates Any of the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5 and Class M-6 Certificates.

  • Class C Certificate Any one of the Certificates with a “Class C” designation on the face thereof, substantially in the form of Exhibit A-1 attached hereto, and evidencing a portion of a class of “regular interests” in REMIC III for purposes of the REMIC Provisions.