Child and Pension Sample Clauses

Child and Pension. Deposits interest rates are fixed for a year from the date of opening the deposit. After the mentioned period is expired the deposit interest rates shall be changed as per the interest rates established for the Child and Pension Deposits by the bank at the moment of expiry. Interest on the additionally deposited sums (tranches) made after a year from the date of opening the deposit account shall be accrued as per the interest rates established for the Child and Pension Deposits by the bank at the moment of the expiry of the mentioned one-year term.
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Related to Child and Pension

  • Dependent Life Insurance In the event of the death of your spouse or dependent child from any cause whatsoever, while you and your dependents are insured under the plan, the insurance company will pay you $10,000 in respect of your spouse and $5,000 in respect of each insured dependent child. This applies to those employees with family health coverage only.

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