Examples of Variable Rate Account in a sentence
The Bank may carry each Variable Rate Advance in a Variable Rate Account and may carry each Fixed Rate Advance in a Fixed Rate Account, but all Advances will constitute extensions of credit pursuant to a single Credit Line.
In addition to the above applicable terms of a Fixed Rate Account or a Variable Rate Account, Tiered Rate Accounts have two or more Dividend Rates and their corresponding Annual Percentage Yields are applied to pre-defined balance tiers.
The account established by the Company for each Participant for Fees deferred pursuant to the Plan and which shall be credited with interest on the last day of each month (or such other day as determined by the Plan Administrator) based on the "prime rate" published in the Wall Street Journal on the last business day of such month (or on any other date for which interest is credited to the Variable Rate Account).
The Variable Rate Account and the Stock Account, as defined below.
Amounts to be deferred shall be credited to the Participant's Variable Rate Account and or Stock Account, as applicable, as of the date such Fees are otherwise payable.