Common use of Dividend Period Clause in Contracts

Dividend Period. For each account the dividend period is the account’s term. The dividend period begins on the first day of the term and ends on the maturity date.

Dividend Period. For The dividend period applicable to each account is set forth in the dividend period is the account’s termRate Addendum and Schedule of Fees and Charges. The dividend period begins on the first day of the term and ends on the maturity date. The term for your account is disclosed on your certificate.