Terms and Conditions Applicable to Certificates Sample Clauses
This clause defines the specific rules and requirements that govern the use, issuance, and validity of certificates referenced in the agreement. It typically outlines the conditions under which certificates are granted, the obligations of the parties regarding their maintenance, and any limitations or procedures for revocation or renewal. By establishing clear parameters for certificates, this clause ensures that both parties understand their rights and responsibilities, thereby reducing the risk of disputes related to certificate use or compliance.
Terms and Conditions Applicable to Certificates.
1. Unless otherwise specified for a specific type of Share Certificate below, these general terms and conditions shall apply to all Share Certificate Accounts.
Terms and Conditions Applicable to Certificates. 1. Unless otherwise specified for a specific type of Certificate below, these general terms and conditions shall apply to all Certificate Accounts. This section supplements your Certificate Account Application and Opening Certificate Receipt (“Certificate Receipt”), which discloses specific terms of your Certificate Account. All of our dividend-bearing termshare accounts are referred to as “Certificate Accounts”.
Terms and Conditions Applicable to Certificates. 1. Unless otherwise specified for a specific type of Certificate below, these general terms and conditions shall apply to all Certificate Accounts. All of our dividend-bearing term share accounts are referred to as “Certificate Accounts”, and they include our Share, ▇▇▇, ▇▇▇▇▇▇▇▇▇, Bump-Up Rate, Add-On, and Kids Add-On Certificate Accounts.
Terms and Conditions Applicable to Certificates. 1. Unless otherwise specified for a specific type of Certificate below, these general terms and conditions shall apply to all Certificate Accounts. This section supplements your Certificate Account Application and Opening Certificate Account Receipt (“Certificate Account Receipt”), which discloses specific terms of your Certificate Account. All of our dividend-bearing term savings accounts are referred to as “Certificate Accounts.”
2. Rate Information: Certificate Accounts are generally fixed-rate accounts (unless the Certificate Account Receipt states otherwise) and are non-negotiable and non-transferable; however, your dividend rate may increase during the term of the Certificate Account, if you selected an account allowing for such an increase when it was opened, as reflected in your Certificate Account Receipt.
3. For current dividend rates and corresponding APY, refer to the Personal Rate and Fee Schedule; we may change dividend rates and APYs offered for new Certificate Accounts daily as determined by the Credit Union Rate Committee. The dividend rate, APY, term, and Maturity Date for your Certificate Account will be set forth in a written communication we will provide to you when you open such account referred to as the Certificate Account Receipt. You may also call the Credit Union to obtain current rate information. You will be paid the rates and yields until maturity.
Terms and Conditions Applicable to Certificates. The terms and conditions applicable to all Certificate Accounts are provided in the Truth in Savings disclosure supplement for the applicable certificate account.