Renewal Policies definition

Renewal Policies. Unless the depositor instructs the Bank otherwise, all automatically renewable Certificates of Deposit will be renewed automatically at maturity at then-effective interest rates if the Bank currently offers a comparable certificate. If the Bank does not currently offer a comparable certificate, the Bank will notify the depositor that the account will not be renewed automatically. There is a 10 calendar day grace period after the maturity date of an automatically renewed certificate to withdraw funds without being charged a penalty. Additional deposits made to a certificate during the grace period will begin to earn interest from the day of deposit. On certificates that do not renew automatically, interest is not paid after maturity.
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Renewal Policies. Upon maturity, your certificate account will automatically renew for the term disclosed at the certificate opening unless instructed otherwise. A renewal notice will be provided by the Credit Union at least 10 days prior to maturity. You will have a grace period of at least 10 calendar days after the maturity date to withdraw the funds in the account without being charged an early withdrawal penalty. If you withdraw the funds, no dividends will be paid for the grace period.
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Renewal Policies. Unless the depositor instructs the Bank otherwise, all automatically renewable Certificates of Deposit will be renewed automatically at maturity at then- effective interest rates if the Bank currently offers a comparable certificate. If the Bank does not currently offer a comparable certificate, the Bank will notify the depositor that the account will not be renewed automatically. There is a ten (10) calendar day grace period after the maturity date of an automatically renewed certificate to withdraw funds without being charged a penalty. Additional deposits made to a certificate during the grace period will begin to earn interest from the day of deposit. On certificates that do not renew automatically, interest is not paid after maturity. III FUNDS AVAILABILITY POLICY Our policy of funds availability complies with federal regulations and, in some cases, gives you availability of funds from your accounts sooner than is required by law. Making funds available for your use does not mean the deposited items have been collected and paid. In the event the deposited items are returned unpaid, we are entitled to debit your account for the amount of the returned items. If the debit creates an overdrawn balance, you agree to pay the overdrawn amount and all applicable Returned Deposited Item fees as soon as we give you the notice of the overdraft. We delay the availability of funds that you deposit by cash or check into your account as described in this Part III. During the delay, you may not withdraw the funds in cash and we are not required to use the funds to pay checks that you have written or to satisfy any other type of debit. The length of the delay varies depending on the type of deposit. The length of the delay is counted in business days from the day of your deposit. Business days are all days except Saturdays, Sundays and federal holidays. If you make a deposit before our cutoff time on a business day that we are open, we will consider that day to be the day of deposit. However, if you make a deposit after our cutoff time or on a Saturday, Sunday, or federal holiday, or a day we are not open, we will consider the deposit to have been made on the next business day that we are open. Generally, our cutoff time is the end of our business day. However, some of our locations have different cutoff times. The earliest cutoff time that might apply at a branch is 2 p.m. The earliest cutoff time that might apply to deposits at an ATM is noon. The cutoff time for mo...
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Examples of Renewal Policies in a sentence

  • Melissa Tooley and Taylor White, Rethinking Relicensure: Promoting Professional Learning Through Teacher Licensure Renewal Policies (Washington, DC: New America, 2018), https://s3.amazonaws.com/newamericadotorg/documents/Rethinking_Relicensure_v10.pdf.

  • For the purpose of reporting student achievement results, the SUNY Renewal Policies define the Accountability Period as the time the Accountability Plan was in effect.

  • Mr. Ramji’s Written Rebuttal Submission on Sanctions dated February 19, 2020.

  • Renewal Policies – explain how the bank will inform the customers on maturity of term deposits.

  • Background and Required Findings According to the SUNY Renewal Policies (p.

  • Affordable housing is largely understood to be a relative measure of the cost of shelter to income.

  • Urban Renewal Policies and Socioeconomic Transformations in Copenhagen” Urban Studies 45 n.

  • The penalty imposed will equal the sum of the $25.00 administrative fee plus 180 days of dividends on the amount withdrawn Renewal Policies.

  • Crash history collected only indicated 8 incidents over the last four years.

  • In the case of a Subsequent Renewal, the Accountability Plan covers the last year of the previous charter term through the second to last year of the charter term under review.3 SUNY Renewal Policies, p.


More Definitions of Renewal Policies

Renewal Policies. Unless the depositor instructs the Bank otherwise, all automatically renewable Certificates of Deposit will be renewed automatically at maturity at then-effective interest rates if the Bank currently offers a comparable certificate. If the Bank does not currently offer a comparable certificate, the Bank will notify the depositor that the account will not be renewed automatically. There is a 10 calendar day grace period after the maturity date of an automatically renewed certificate to withdraw funds without being charged a penalty. Additional deposits made to a certificate during the grace period will begin to earn interest from the day of deposit. On certificates that do not renew automatically, interest is not paid after xxxxxxxx.xx a 10 calendar day grace period after the maturity date of an automatically renewed certificate to withdraw funds without being charged a penalty. Additional deposits made to a certificate during the grace period will begin to earn interest from the day of deposit. On certificates that do not renew automatically, interest is not paid after maturity.
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Renewal Policies as used above shall also mean the next anniversary date on or after January 1st, 1986 in respect of policies issued for a period of more than one year. This Contract does not cover any liability arising from vehicles known by the Company to be used for the transportation of:
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Renewal Policies as used above shall also mean the next anniversary date on or after January 1st, 1986 in respect of policies issued for a period of more than one year. This Contract does not cover any loss or damage, whether direct or indirect, nor any clean up cost incurred resulting from any spill, discharge or seepage of a pollutant/contaminant. This exclusion does not apply to loss or damage to the property insured caused by an insured peril or to expenses covered under the following Debris Removal Clause: "Debris Removal: The Insurer will indemnify the Insured for expenses incurred in the removal of debris of the property insured, occasioned by loss or damage to such property, for which loss or damage insurance is afforded under this Form. The Insurer will indemnify the Insured for expenses incurred in the removal of debris or other property which is not insured by this Form but which has been blown by windstorm upon a location specified on the Declarations Page. Debris removal expense shall not be considered in the determination of actual cash value for the purpose of applying the Coinsurance Clause." It is warranted that "pollution" or "contamination" shall not be included as a peril insured under any policy issued by the Company. ABSOLUTE POLLUTION EXCLUSION
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Renewal Policies has the meaning set forth in the recitals.
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Renewal Policies means the OneBeacon Renewal Policies, the OA/NP Renewal Policies and the IMOW Renewal Policies, collectively.
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Renewal Policies. Annual Membershipswill be sent a renewal notice in the mail about 30 days prior to their renewal date. To complete the renewal process, the member must complete the renewal form which is available at any of the Courtesy Desks. EFT memberships are perpetual and are automaticallyrenewed. The monthlydeduction will be adjusted if there is a change in fees. INITIATION FEES: An initiation fee is required when registering for a membership at The Centre and is not refundable. This is a one time fee as long as your membership does not lapse or cancel. If you cancel your membership for anyreason, you will be required to paya new initiation fee when rejoining. UPGRADES/DOWNGRADES: Upgrades /Downgrades will be processed within 30 days of approval. The fee difference for all upgrades must be collected at time of the membership upgrade request or the request will not be processed.
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Related to Renewal Policies

  • Environmental Policy means to conserve energy, water, wood, paper and other resources, reduce waste and phase out the use of ozone depleting substances and minimise the release of greenhouse gases, volatile organic compounds and other substances damaging to health and the environment, including any written environmental policy of the Customer;

  • SAP Policies means the operational guidelines and policies applied by SAP to provide and support the Cloud Service as incorporated in an Order Form.

  • Flood Insurance means the insurance coverage provided under the National Flood Insurance Program.

  • Master Policy means a single worker’s compensation insurance policy issued by an insurer authorized to do business in this state to an employee leasing company in the name of the employee leasing company that covers more than one client of the employee leasing company.

  • Fundamental Policies means the investment policies and restrictions as set forth from time to time in any Registration Statement of the Trust filed with the Commission and designated as fundamental policies therein, as they may be amended from time to time in accordance with the requirements of the 1940 Act.

  • Flood Insurance Regulations means (i) the National Flood Insurance Act of 1968 as now or hereafter in effect or any successor statute thereto, (ii) the Flood Disaster Protection Act of 1973 as now or hereafter in effect or any successor statue thereto, (iii) the National Flood Insurance Reform Act of 1994 (amending 42 USC 4001, et seq.), as the same may be amended or recodified from time to time, and (iv) the Flood Insurance Reform Act of 2004 and any regulations promulgated thereunder.

  • Tail Policy has the meaning set forth in Section 6.18(b).

  • Servicer Policies and Practices means, with respect to the Servicer’s duties under Exhibit A to the Servicing Agreement, the policies and practices of the Servicer applicable to such duties that the Servicer follows with respect to comparable assets that it services for itself and, if applicable, others.

  • Flood Insurance Study means the official report provided by the Federal Insurance Administration that includes flood profiles, the Flood Insurance Rate Map, the Flood Boundary and Floodway Map, and the water surface elevation of the base flood.

  • R&W Policy means any buyer-side representations and warranties insurance policy purchased by a Buyer or an Affiliate thereof in connection with this Agreement on or before the Closing Date.

  • Flood Insurance Study (FIS means an examination, evaluation, and determination of flood hazards, corresponding water surface elevations (if appropriate), flood hazard risk zones, and other flood data in a community issued by the FEMA. The Flood Insurance Study report includes Flood Insurance Rate Maps (FIRMs) and Flood Boundary and Floodway Maps (FBFMs), if published.

  • Policies shall have the meaning set forth in Section 6.1(b) hereof.

  • D&O Policies has the meaning set forth in Section 8.01(e).

  • Company Insurance Policies has the meaning set forth in Section 3.14.

  • FHA Insurance The contractual obligation of FHA respecting the insurance of an FHA Loan pursuant to the National Housing Act, as amended.

  • Crew Insurances means insurances against crew risks which shall include but not be limited to death, sickness, repatriation, injury, shipwreck unemployment indemnity and loss of personal effects.

  • Period of Insurance means the period commencing from the retroactive date and terminating on the expiry date as shown in the Policy Schedule.

  • Flood Insurance Laws means, collectively, (i) the National Flood Insurance Act of 1968 as now or hereafter in effect or any successor statute thereto, (ii) the Flood Disaster Protection Act of 1973 as now or hereafter in effect or any successor statue thereto, (iii) the National Flood Insurance Reform Act of 1994 as now or hereafter in effect or any successor statute thereto and (iv) the Flood Insurance Reform Act of 2004 as now or hereafter in effect or any successor statute thereto.

  • Business Travel Policy means our business travel policy. A copy of our current Business Travel Policy is attached as Schedule 1 to Exhibit B.

  • D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.

  • Insurance Program or “program” shall mean a program which has been designated as a major program of PRISM under which participating members are protected against designated losses, either through joint purchase of primary or excess insurance, pooling of self-insured claims or losses, purchased insurance or any other combination as determined by the Board of Directors. The Board of Directors, the Executive Committee, or a program’s governing committee may determine applicable criteria for determining eligibility in any insurance program, as well as establishing program policies and procedures.

  • Insurance Schedule means Schedule 3 attached hereto.

  • CREFC® Significant Insurance Event Template A report substantially in the form of, and containing the information called for in, the downloadable form of the “Interest Significant Insurance Event Template” available as of the Closing Date on the CREFC® Website, or such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CREFC® for commercial mortgage securities transactions generally.

  • Flood Insurance Rate Map means the most recent flood hazard map published by the Federal Emergency Management Agency under the National Flood Insurance Act of 1968 (42 U.S.C. Section 4001 et seq.).

  • National Flood Insurance Program means the program created by the U.S. Congress pursuant to the National Flood Insurance Act of 1968 and the Flood Disaster Protection Act of 1973, as revised by the National Flood Insurance Reform Act of 1994, that mandates the purchase of flood insurance to cover real property improvements located in Special Flood Hazard Areas in participating communities and provides protection to property owners through a Federal insurance program.

  • City Policies means any or all (as the context requires) of those procedures, standards and/or standard specifications, requirements, policies and the like listed in Schedule H or notified to the Supplier from time to time, as the same may be updated, modified, expanded, revised, supplemented and/or replaced from time to time by the City (as notified to the Supplier);