Common use of Exceptions to Early Withdrawal Penalties Clause in Contracts

Exceptions to Early Withdrawal Penalties. At our option, we may pay the account before maturity without imposing an early withdrawal penalty when an account owner dies or is determined legally incompetent by a court or other body of competent jurisdiction. Transaction Limitations: Additional deposits are allowed during the term of this certificate. Each $25 addition during a monthly period will entitle certificate owner to one entry (up to 10 entries per month) into a savings raffle. The Savings Promotion Raffle begins on January 1, of each year and ends December 31, of each year, however certificates will mature the January 1 following the account opening. Official account and prize entry rules can be found online at xxx.xxxxxxxxx.xxx and provided upon opening certificate. You must make a deposit at least once every three (3) months throughout the term of your certificate or your certificate may be subject to closure due to inactivity and the funds in your Save To Win Certificate will be transferred to your Classic Saving Account.

Appears in 4 contracts

Samples: Account Agreement and Disclosures, Account Agreement and Disclosures, Account Agreement and Disclosures

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Exceptions to Early Withdrawal Penalties. At our option, we may pay the account before maturity without imposing an early withdrawal penalty when an account owner dies or is determined legally incompetent by a court or other body of competent jurisdiction. Transaction Limitations: Additional deposits are allowed during the term of this certificate. Each $25 addition during a monthly period will entitle certificate owner to one entry (up to 10 entries per month) into a savings raffle. The Savings Promotion Raffle begins on January 1, of each year and ends December 31, of each year, however certificates will mature the January 1 following the account opening. Official account and prize entry rules can be found online at xxx.xxxxxxxxx.xxx and provided upon opening certificate. You must make a deposit at least once every three (3) months throughout the term of your certificate or your certificate may be subject to closure due to inactivity and the funds in your Save To Win Certificate will be transferred to your Classic Saving Savings Account.

Appears in 4 contracts

Samples: Account Agreement, Account Agreement, Account Agreement

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Exceptions to Early Withdrawal Penalties. At our option, we may pay the account before maturity without imposing an early withdrawal penalty when an account owner dies or is determined legally incompetent by a court or other body of competent jurisdiction. Transaction Limitations: Additional deposits are allowed during the term of this certificate. Each $25 addition during a monthly period will entitle certificate owner to one entry (up to 10 entries per month) into a savings raffle. The Savings Promotion Raffle begins on January 1, of each year and ends December 31, of each year, however certificates will mature the January 1 following the account opening. Official account and prize entry rules can be found online at xxx.xxxxxxxxx.xxx and provided upon opening certificate. You must make a deposit at least once every three (3) months throughout the term of your certificate or your certificate may be subject to closure due to inactivity and the funds in your Save To Win Certificate will be transferred to your Classic Saving Savings Account.

Appears in 1 contract

Samples: Account Agreement

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