Common use of Certificates of Deposit Clause in Contracts

Certificates of Deposit. The purchase of certificates of deposit with fixed interest rates, fixed payment schedules and substantial penalties for early withdrawal will be deemed to be an Investment purchased at its Fair Market Value on the purchase date if the Yield on the certificate of deposit is not less than: (i) the Yield on reasonably comparable direct obligations of the United States; and (ii) the highest Yield that is published or posted by the provider to be currently available from the provider on reasonably comparable certificates of deposit offered to the public.

Certificates of Deposit. The purchase price of certificates a certificate of deposit with issued by a commercial bank that has a fixed interest ratesrate, a fixed principal payment schedules schedule, a fixed maturity and a substantial penalties penalty for early withdrawal will be deemed considered to be an Investment purchased at its Fair Market Value on fair market value if: (i) the purchase date if the Yield yield on the certificate of deposit is not less than: (i) than the Yield yield on reasonably comparable direct obligations of the United States; and : and (ii) the yield on the certificate of deposit is not less than the highest Yield that is published or posted by yield of the provider to be thcrcofvvhich is currently available from the provider a\ailable on reasonably comparable certificates of deposit offered to the public.

Certificates of Deposit. The purchase of certificates For a certificate of deposit with that has a fixed interest ratesrate, a fixed payment schedules schedule, and a substantial penalties penalty for early withdrawal will be deemed to be an Investment purchased at withdrawal, the purchase price of such certificate of deposit is treated as its Fair Market Value on the purchase date if the Yield yield on the certificate of deposit is not less than: (i) the Yield yield on reasonably comparable direct obligations of the United States; and (ii) the highest Yield yield that is published or posted provided by the provider to be currently available from the provider on reasonably comparable certificates of deposit offered to the public.

Certificates of Deposit. The purchase market price of certificates a certificate of deposit with issued by a commercial bank that has a fixed interest ratesrate, a fixed principal payment schedules schedule, a fixed maturity, and a substantial penalties penalty for early withdrawal will shall be deemed to be an Investment purchased at its Fair Market Value on the purchase date price if the Yield on the certificate of deposit is has a yield not less than: than (iA) the Yield yield on reasonably comparable direct obligations of the United States; , and (iiB) the highest Yield yield that is published or posted posed by the provider to be currently available from the provider on reasonably comparable certificates of deposit offered to the public.

Certificates of Deposit. The purchase In the case of certificates a certificate of deposit with that has a fixed interest ratesrate, a fixed payment schedules schedule and a substantial penalties penalty for early withdrawal will be deemed to be an Investment purchased at withdrawal, the fair market value of the certificate is its Fair Market Value on the purchase date price if the Yield on the certificate of deposit is not less than: than (i) the Yield on reasonably comparable direct obligations of the United States; , and (ii) the highest Yield that is published or posted by the provider to be currently available from the provider on reasonably comparable certificates of deposit offered to the public.

Certificates of Deposit. The purchase of certificates A certificate of deposit with that has a fixed interest ratesrate, a fixed payment schedules schedule, and a substantial penalties penalty for early withdrawal will shall be deemed to be an Investment treated as purchased at its Fair Market Value on the purchase date fair market value if the Yield on the certificate of deposit is not less than: than (i) the Yield on reasonably comparable direct obligations of the United States; and (ii) the highest Yield that is published or posted by the provider to be currently available from the provider on reasonably comparable certificates of deposit offered to the public.

Certificates of Deposit. The purchase In the case of certificates a certificate of deposit with that has a fixed interest ratesrate, a fixed payment schedules schedule and a substantial penalties penalty for early withdrawal will be deemed to be an Investment purchased at withdrawal, the fair market value of the certificate is its Fair Market Value on the purchase date price if the Yield yield on the certificate of deposit is not less than: than (i) the Yield yield on reasonably comparable direct obligations of the United States; , and (ii) the highest Yield yield that is published or posted by the provider to be currently available from the provider on reasonably comparable certificates of deposit offered to the public.