Common use of Forfeit of Uncredited Interest Clause in Contracts

Forfeit of Uncredited Interest. If you close your Deposit Account after interest has accrued but before it is credited to your Deposit Account, you will forfeit that interest, and it will not be credited to your Deposit Account.

Appears in 3 contracts

Sources: Smart Card Agreement, Smartcard Agreement, Smart Card Agreement

Forfeit of Uncredited Interest. If you close your Deposit Account after interest has accrued but before it is credited to your Deposit Account, you will forfeit that interest, and it will not be credited to your Deposit Account.

Appears in 2 contracts

Sources: Commercial Checking Account Agreement, Demand Deposit Account Agreement