Common use of Term Deposit Clause in Contracts

Term Deposit. 10.2.1. term deposit, limits the access of the depositor to the amount placed at the deposit account for the period determined by the agreement. The depositor cannot withdraw amount or add amount to the initial balance. 10.2.2. the interest rate is accrued to the balance existing at the deposit account. 10.2.3. interest rate accrued to the term deposit is transferred to the respective account at the beginning of term, monthly or at the end of term, commensurate with the deposit agreement executed between the depositor and the bank. 10.2.4. the bank is authorized not to allow withdrawal of the deposit amount or its part by the client prior to expiry of the effective term of the deposit, unless otherwise established by the relevant agreement. 10.2.5. in the event the depositor requests return of the deposit prior to expiry of the effective term of the deposit and the bank does not exercise the authority determined in clause 10.

Term Deposit. 10.2.1. 10.2.1 term deposit, limits the access of the depositor to the amount placed at the deposit account for the period determined by the agreement. The depositor cannot withdraw amount or add amount to the initial balance. 10.2.2. 10.2.2 the interest rate is accrued to the balance existing at the deposit account. 10.2.3. 10.2.3 interest rate accrued to the term deposit is transferred to the respective account at the beginning of term, monthly or at the end of termterm of the deposit, commensurate with the deposit agreement executed between the depositor and the bankBank. 10.2.4. 10.2.4 the bank Bank is authorized not to allow withdrawal of the deposit amount or its part by the client prior to expiry of the effective term of the deposit, unless otherwise established by the relevant agreement. 10.2.5. 10.2.5 in the event the depositor requests return of the deposit prior to expiry of the effective term of the deposit and the bank Bank does not exercise the authority determined in clause 10.

Term Deposit. 10.2.1. term deposit, limits the access of the depositor to the amount placed at the deposit account for the period determined by the agreement. The depositor cannot withdraw amount or add amount to the initial balance. 10.2.2. the interest rate is accrued to the balance existing at the deposit account. 10.2.3. interest rate accrued to the term deposit is transferred to the respective account at the beginning of term, monthly or at the end of termterm of the deposit, commensurate with the deposit agreement executed between the depositor and the bankBank. 10.2.4. the bank Bank is authorized not to allow withdrawal of the deposit amount or its part by the client prior to expiry of the effective term of the deposit, unless otherwise established by the relevant agreement. 10.2.5. in the event the depositor requests return of the deposit prior to expiry of the effective term of the deposit and the bank Bank does not exercise the authority determined in clause 10.