Common use of Balance Computation Information Clause in Contracts

Balance Computation Information. “Daily Balance Method” Dividends are calculated by the daily balance method which applies a daily periodic rate to the principle balance in the account each day.

Appears in 6 contracts

Sources: Membership Account Agreement, Membership Account Agreement, Membership Agreement

Balance Computation Information. “Daily Balance Method” Dividends are calculated by the daily balance method which applies a daily periodic rate to the principle balance in the account each day.

Appears in 2 contracts

Sources: Membership Agreement, Membership Account Agreement

Balance Computation Information. “Daily Balance Method” Dividends are calculated by the daily balance method which applies a daily periodic rate to the principle balance in the account each day.day.‌‌‌

Appears in 1 contract

Sources: Membership Account Agreement

Balance Computation Information. Average Daily Balance Method” - Dividends are calculated by the average daily balance method which applies a daily periodic rate to the principle average daily balance in your account for the Period. The average daily balance is calculated by adding the balance in your account for each dayday of the Period and dividing that figure by the number of days in the Period.

Appears in 1 contract

Sources: Membership Account Agreement

Balance Computation Information. Average Daily Balance Method” Dividends are calculated by the average daily balance method which applies a daily periodic rate to the principle average daily balance in your account for the Period. The average daily balance is calculated by adding the balance in your account for each dayday of the Period and dividing that figure by the number of days in the Period.

Appears in 1 contract

Sources: Membership Account Agreement