Common use of Dividend Period Clause in Contracts

Dividend Period. For this type of account, the dividend period is quarterly, for example, the beginning date of the first dividend period of the calendar year is January 1st and the ending date of such dividend period is March 31st. All other dividend periods follow this same pattern of dates. The dividend declaration date follows the ending date of a dividend period, and for the example above, is April 1st. If you close your account before dividends are paid, you will not receive the accrued dividends. The minimum balance required to open this account is $5.00 per member. The minimum balance required to earn dividends is $100.00.

Appears in 3 contracts

Sources: Membership Agreement, Membership Agreement, Membership Agreement

Dividend Period. For this type of accountaccount type, the dividend period is quarterly, for example, the beginning date of the first dividend period of the calendar year is January 1st 1, and the ending date of such dividend period is March 31st31. All other dividend periods follow this same pattern of dates. The dividend declaration date follows the ending date of a dividend period, and for the example above, above is April 1st1. If you close your account Account before dividends are paid, you will not receive the accrued dividends. The minimum balance required to open this account is $5.00 per member. The minimum balance required to earn dividends is $100.00.

Appears in 2 contracts

Sources: Membership Agreement, Membership Agreement

Dividend Period. For this type of accountaccount type, the dividend period is quarterlymonthly, for example, the beginning date of the first dividend period of the calendar year is January 1st 1, and the ending date of such dividend period is March 31stJanuary 31. All other dividend periods follow this same pattern of dates. The dividend declaration date follows is the ending date last day of a the dividend period, period and for the example above, above is April 1stJanuary 31. If you close your share account before dividends are paid, you will not receive the accrued dividends. The minimum balance required to open this account is $5.00 per member. The minimum balance required to earn dividends is $100.00.

Appears in 2 contracts

Sources: Membership and Account Agreement, Membership and Account Agreement

Dividend Period. For this type of accountaccount type, the dividend period is quarterlymonthly, for example, the beginning date of the first dividend period of the calendar year is January 1st 1, and the ending date of such dividend period is March 31stJanuary 31. All other dividend periods follow this same pattern of dates. The dividend declaration date follows is the ending date last day of a the dividend period, period and for the example above, above is April 1stJanuary 31. If you close your share account before dividends are paid, you will not receive the accrued dividends. The minimum balance required to open this account is $5.00 per member. The minimum balance required to earn dividends is $100.00.

Appears in 2 contracts

Sources: Membership and Account Agreement, Membership and Account Agreement

Dividend Period. For this type of accountaccount type, the dividend period is quarterly, for example, the beginning date of the first dividend period of the calendar year is January 1st and the ending date of such dividend period is March 31st. All other dividend periods follow this same pattern of dates. The dividend declaration date follows the ending date of a dividend period, and for the example above, it is April 1st. If you close your account before dividends are paid, you will not receive the accrued dividends. The minimum balance required to open this account is $5.00 per member. The minimum balance required to earn dividends is $100.00.

Appears in 1 contract

Sources: Membership Agreement

Dividend Period. For this type of accountaccount type, the dividend period is quarterly, for example, the beginning date of the first dividend period of the calendar year is January 1st and the ending date of such dividend period is March 31st. All other dividend periods follow this same pattern of dates. The dividend declaration date follows the ending date of a dividend period, and for the example above, it is April 1st. If you close your account before dividends are paid, you will not receive the accrued dividends. The No minimum balance required requirements apply to open this account is $5.00 per member. The minimum balance required to earn dividends is $100.00account.

Appears in 1 contract

Sources: Membership Agreement