Common use of Compounding and Crediting Clause in Contracts

Compounding and Crediting. Dividends will be computed daily and credited monthly. The dividend period begins on the first calendar day of the dividend period and ends on the last day of the dividend period. Dividends are paid on the last day of the dividend period.

Compounding and Crediting. Dividends will be computed compounded daily and credited monthly. The dividend period begins on the first calendar day of the dividend period and ends on the last day of the dividend period. Dividends are paid on the last day of the dividend period.

Compounding and Crediting. Dividends will be computed daily compounded and credited monthly. The dividend period begins on the first calendar day of the dividend period and ends on the last day of the dividend period. Dividends are paid on the last day of the dividend period.

Compounding and Crediting. Dividends will be computed daily compounded and credited monthly. The dividend period begins on the first calendar day of the dividend period and ends on the last calendar day of the dividend period. Dividends are paid on For example, the last day beginning date of the first dividend periodperiod for a calendar year is 1/1/xx and the ending date for such dividend period is 1/31/xx. The dividend declaration date would be 2/1/xx.

Compounding and Crediting. Dividends will be computed daily are compounded and credited monthly. The dividend period begins on the first calendar day of the dividend period and ends on the last day of the dividend periodis monthly. Dividends are paid on the last day of the dividend periodcalendar month and are available on the first day of the following month. 1. Rate Information. The account will not earn dividends.

Compounding and Crediting. Dividends will be computed daily compounded and credited monthly. The dividend period begins on the first calendar day of the dividend period and ends on the last day of the dividend periodis monthly. Dividends are paid on the last day of the dividend periodcalendar month and are available on the first day of the following month.