Minimum balances Sample Clauses
Minimum balances. We may require you to maintain a minimum balance in certain Accounts and will specify the minimum amount in relation to any other service provided by or through us. If a required minimum amount is not being maintained, we may contact you to arrange for the transfer of funds from any of your other Accounts, and/or the conversion of currency from any of your Accounts to restore the minimum balance, or we may close the Account giving notice in accordance with term 4.9.
Minimum balances. A minimum initial deposit may be required to open the Account. You also may be required to maintain minimum balances in the Account and, if so, you may be required to pay additional fees and charges if you do not maintain the required minimum balances. Any requirements regarding minimum initial deposits or minimum balances will be set out in our Schedule of Fees or in other account documentation we may publish from time to time.
Minimum balances. If a transfer would reduce the value of the portion of a Participant-Owner's IRA Account allocated to a General Account or Separate Account Sub-Account to less than $1,000, the Company reserves the right to include the remaining value allocated to the Sub-Account in the total to be transferred.
Minimum balances. Parent, on a consolidated basis with its Subsidiaries, shall at all times maintain in deposit accounts or securities accounts (as each such term is defined in the UCC) with respect to which Administrative Agent has a perfected first priority security interest in, and control over, unrestricted cash or Cash Equivalents greater than or equal to $6,500,000.
Minimum balances. The minimum balance required to purchase a certificate is shown on the Rate and Fee Schedule. The minimum balance to obtain the Annual Percentage Yield (APY) disclosed is also reflected on the Rate and Fee Schedule. You may not make any deposits into your account until the maturity date. Your certificate will mature on the date stated on the certificate. If any portion of the deposit is withdrawn before the maturity date, a penalty will be imposed. Term 6-month 12-month 24-month 36-month 60-month Early withdrawal penalty 90 days dividends 90 days dividends 90 days dividends 90 days dividends 90 days dividends Share Certificate accounts will automatically renew at the prevailing dividend rate at the time of maturity unless otherwise disclosed on the certificate. You will have ten (10) calendar days after the maturity date to withdraw funds without penalty.
Minimum balances. As of the first Drawdown Date, the Borrowers shall ensure that there is at all times credited to deposit accounts at the Bank in the names of any Borrower and/or any Guarantor and/or any other Group Member (including the Earnings Account) a minimum balance of USD 30,000,000.
Minimum balances. Minimum balances required to open and maintain your Savings Account are listed in the Bank’s current fee schedule. b) “Available Balance” means the amount of all funds in your Saving Accounts which have been collected and made available by the Bank. c) Interest: Your Savings Account will begin to earn interest at a variable rate which may be changed daily by the Bank in its sole discretion, as further explained below, as of the commencement of the first complete Statement Cycle Period after the date on which your Savings Account is opened. The Bank will not use any index, schedule or formula to set, fix or calculate the interest rate.
Minimum balances. Minimum balances required to obtain and maintain a CD will be listed on the applicable Term Sheet.
Minimum balances. On any Payment Date, Seller may elect to repurchase all Loans for their aggregate Principal Balance, if as of such Payment Date, the aggregate Principal Balance is less than five percent (5%) of the Maximum Purchase Amount. If Seller elects to repurchase the Loans pursuant to this Section 7.03, Seller shall provide Buyer with thirty (30) days prior written notice. The Repurchase Amount shall be paid by Seller to Buyer in immediately available funds prior to 12:00 noon, Washington, D.C. time. Any resale of a Loan and related Property pursuant to this Section 7.03 shall be without recourse or warranty of any kind except that Buyer shall he deemed to have warranted that such Loans and related Property are free and clear of all liens or claims resulting from or arising out of its acts or omissions (other than acts of Buyer resulting from Seller's failure to perform as required by this Agreement or claims of Buyer's creditors.
Minimum balances. A minimum initial deposit of $100.00 must be made within fourteen (14) days of opening your Checking Account.