Renewal Policy definition

Renewal Policy. This account will automatically renew at maturity and will renew at the current interest rate in effect at the date of maturity for the same term and condition as the previous certificate. You will receive notification 20 days prior to your maturity. You will have 7 calendar days after the maturity date to withdraw the funds without an early withdrawal penalty. Interest will not be earned during the grace period on funds withdrawn during the grace period. If you choose not to renew the certificate and the funds are transferred to another savings account at the Credit Union, interest will be paid from the date of maturity of the certificate at the current interest rate for the savings account in which the funds were deposited. For all Individual Retirement Accounts, a separate disclosure will be given at the time of opening.

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Renewal Policy. This account type will automatically renew on January 1 of the following year after the initial deposit is made providing your Save to Win Certificate has had activity within the last three (3) months of the renewal date. The certificate will renew as a Save to Win certificate, with the APY being what is stated as our current Save to Win certificate rate. If you choose not to renew the certificate, the funds will be transferred to your Classic Savings Account at the Credit Union. You will receive a notice from the Credit Union 30 days prior to your certificate’s maturity. You will have a seven (7) day grace period after maturity to withdraw funds without being charged an early withdrawal penalty. To avoid a withdrawal penalty, all withdrawals must be made on the maturity date.

Renewal Policy means the board renewal policy adopted by the Board;

Examples of Renewal Policy in a sentence

Renewal Policy CD accounts will automatically renew for the same term at the interest rate in effect on the maturity date.
Renewal Policy This Account will automatically renew at maturity.
Renewal Policy: At maturity, all NestFund Certificates will automatically renew as a regular Certificate of Deposit for the term of 24 months at the rate in effect for regular 24 Month Certificates of Deposit at the time of renewal.
Renewal Policy: Unless you instruct the Credit Union otherwise, your certificate account will automatically renew at maturity.
Renewal Policy –Certificate Accounts will automatically renew at maturity.
If you withdraw any principal before the maturity date, Renewal Policy.
Parent and Merger Sub shall make such representations and agree to such undertakings as are required to be made to invoke the FCC Renewal Policy, including undertakings to assume, as between the parties and the FCC, the position of the applicant before the FCC with respect to any pending Renewal Application and to assume the corresponding regulatory risks relating to any such Renewal Application.
Scripps shall make such representations and agree to such undertakings as are required to be made to invoke the FCC Renewal Policy, including undertakings to assume, as between the parties hereto and the FCC, the position of the applicant before the FCC with respect to any pending Renewal Application and to assume the corresponding regulatory risks relating to any such Renewal Application.
A written notice of non-renewal or decision to delay promotion to the next PGY level shall be provided in accordance with the Disciplinary Action, Termination, and non-Contract Renewal Policy.
The Administrator shall assume all responsibility for (i) the provision of all applications and other policyholder materials to persons seeking a Post-Closing Policy or a Renewal Policy, (ii) all underwriting necessary or appropriate with respect to such applications, (iii) the processing of underwriting-related transactions, and (iv) the issuance of Post-Closing Policies and Renewal Policies.

More Definitions of Renewal Policy

Renewal Policy. The Save to Win® Certificate will automatically renew at maturity as a 12-month Save to Win® Certificate, at the current dividend rate, APY, and other terms we are offering at that time unless the Certificate owner(s) close the Certificate during the grace period, or we receive written notice before the end of the grace period not to renew the Certificate, or the credit union sends written notice, at least 30 days prior to maturity, that this Certificate will not be renewed. Certificate owner(s) will have a ten (10) day grace period after maturity to withdraw funds or close the account without being charged an Early Withdrawal Penalty.

Renewal Policy. Your term share account will automatically renew at maturity for the same term at the then current dividend rate. You will have a grace period of seven calendar days after the maturity date to withdraw the funds in the account without being charged an early withdrawal penalty. ● Nontransferable/Nonnegotiable: Your account is nontransferable and nonnegotiable.

Renewal Policy means a policy (whether individual or family Members):

Renewal Policy. It is the landlord's policy to comply with applicable HUD and LIHTC rules and renew the tenant’s lease for successive terms so long as the tenant meets the program eligibility criteria for occupancy at the property and has demonstrated a history of complying with the lease covenants and these rules and regulations.

Renewal Policy or “Renewal Policies” has the meaning set forth in the recitals.

Renewal Policy. As an automatically renewable account, your account will automatically renew for another term upon maturity at the prevailing rate. You have a grace period of ten (10) days after maturity in which to withdraw funds in the new account without being charged an early withdrawal penalty.