Common use of Foreign Currency Time Deposits Clause in Contracts

Foreign Currency Time Deposits. If no renewal arrangement is made prior to the maturity thereof or if the Depositor fails to renew said deposit after the maturity thereof, the interest thereon for the after-maturity period shall be calculated in such manner as may be agreed upon by the Depositor and the Bank on a case by case basis, and if no agreement may be reached in this respect, shall be calculated in accordance with the then prevailing rate applicable to demand deposits.

Foreign Currency Time Deposits. If no renewal arrangement is made prior to the maturity thereof or if the Depositor fails to renew said deposit after the maturity thereof, the interest thereon for the after-maturity period shall be calculated in such manner as may be agreed upon by the Depositor and the Bank on a case by case basis, and if no agreement may be reached in this respect, shall be calculated in accordance with the then prevailing rate applicable to demand deposits. The Bank may (but is not obligated to) renew the time deposit (including interest accrued thereon) for a same period at the Bank’s then prevailing interest rate.

Foreign Currency Time Deposits. If no renewal arrangement is made prior to the maturity thereof or if the Depositor fails you fail to renew said deposit after the maturity thereof, the interest thereon for the after-maturity period shall will be calculated in such manner as may be agreed upon on by the Depositor you and the Bank us on a case by case basis, and if no agreement may be reached in this respect, shall will be calculated in accordance with the then prevailing rate applicable to demand deposits.

Foreign Currency Time Deposits. If no renewal arrangement is made prior to the maturity thereof or if the Depositor fails to renew said deposit after the maturity thereof, the interest thereon for the after-maturity period shall be calculated in such manner as may be agreed upon by the Depositor and the Bank on a case by case basis, and if no agreement may be reached in this respect, shall be calculated in accordance with the then prevailing rate applicable to demand depositsdeposits in the same currency.

Foreign Currency Time Deposits. If no renewal arrangement is made prior to the maturity thereof or if the Depositor fails you fail to renew said deposit after the maturity thereof, the interest thereon for the after-maturity period shall be calculated in such manner as may be agreed upon by the Depositor Customer and the Bank on a case by case basis, and if no agreement may be reached in this respect, shall be calculated in accordance with the then prevailing rate applicable to demand deposits.