Common use of Accrual of Dividends Clause in Contracts

Accrual of Dividends. Dividends will begin to accrue on the business day we receive provisional credit for the deposit of noncash items (e.g. checks) to your account. Dividends will begin to accrue on cash deposits on the business day you make the deposit to your account.

Appears in 10 contracts

Samples: Membership Account Agreement and Disclosures, Membership Agreement, Account Services Agreement

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Accrual of Dividends. Dividends will begin to accrue on the business day we receive provisional credit for the deposit of noncash items (e.g. checks) to your account. Dividends will begin to accrue on cash deposits on the business day you make the deposit to your account. Once dividends are credited to a certificate account, it becomes principal. If you close your Certificate account before any dividend is credited, you will not receive accrued but uncredited or unpaid dividends.

Appears in 3 contracts

Samples: Membership Agreement, www.cuonthegrid.com, www.cuonthegrid.com

Accrual of Dividends. Dividends will begin to accrue on the business day we receive provisional credit for the deposit of noncash non-cash items (e.g. checks) to your account. Dividends will begin to accrue on cash deposits on the business day you make the deposit to your account.

Appears in 1 contract

Samples: Membership Agreement

Accrual of Dividends. Dividends will begin to accrue on the business day we you receive provisional credit for the deposit of noncash non- cash items (e.g. checks) to your account. Dividends will begin to accrue on cash deposits on the business day you make the deposit to your account.

Appears in 1 contract

Samples: Membership Account Agreement

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Accrual of Dividends. Dividends will begin to accrue on the business day we receive provisional credit for the deposit of noncash items (e.g. checks) to your account. Dividends will begin to accrue on cash deposits on the business day you make the deposit to your account.account.‌

Appears in 1 contract

Samples: Membership Agreement

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