Deposit Insurance Fund definition

Deposit Insurance Fund means the fund that is maintained by the FDIC to allow it to make up for any shortfalls from a failed depository institution’s assets.
Deposit Insurance Fund means the Deposit Insurance Fund administered by the FDIC.
Deposit Insurance Fund means the fund that is maintained by the FDIC to allow it to make up for any shortfalls from a failed depository institution's assets.

Examples of Deposit Insurance Fund in a sentence

  • The bank balances were insured by the Federal Deposit Insurance Corporation or the Public Deposit Insurance Fund, which covers all public funds held in approved depositories.

  • Deposits and Investments Deposits, made in accordance with state statute (IC 5-13), with financial institutions in the State of Indiana, at year end, should be entirely insured by the Federal Depository Insurance Corporation or by the Indiana Public Deposit Insurance Fund.

  • Deposits and Investments Deposits, made in accordance with state statute (IC 5-13), with financial institutions in the State of Indiana at year end should be entirely insured by the Federal Depository Insurance Corporation or by the Indiana Public Deposit Insurance Fund.

  • The deposit accounts of each of the Company's banking subsidiaries are insured up to the applicable limits by the Deposit Insurance Fund of the Federal Deposit Insurance Corporation (the "FDIC") to the fullest extent permitted by law and the rules and regulations of the FDIC, and no proceeding for the revocation or termination of such insurance is pending or, to the knowledge of the Company, threatened.

  • The notes are not insured or guaranteed by the United States Federal Deposit Insurance Corporation, the Deposit Insurance Fund, the Canada Deposit Insurance Corporation or any other governmental agency, and involve investment risks.


More Definitions of Deposit Insurance Fund

Deposit Insurance Fund shall have the meaning ascribed thereto in Section 4.02(b) hereof.
Deposit Insurance Fund means the fund es- tablished under section 11(a)(4).
Deposit Insurance Fund means the Deposit Insurance Fund administered by the FDIC. “Derivative Transaction” has the meaning set forth in Section 4.24.
Deposit Insurance Fund means the Deposit Insurance Fund administered by the
Deposit Insurance Fund means the Deposit Insurance Fund established under the Deposit Insurance Act;
Deposit Insurance Fund means the Deposit Insurance Fund administered by the FDIC. “Derivative Contract” has the meaning set forth in Section 3.10. “Disclosing Party” has the meaning set forth in Section 5.5. “EBITDA” means earnings before interest, taxes, depreciation and amortization. “XXXXX” means the Electronic Data Gathering, Analysis, and Retrieval system of the SEC. “Effective Federal Funds Rate” means, for any day, the rate per annum (rounded upwards, if necessary, to the nearest 1/100th of 1%) equal to the average of the rates on overnight federal funds transactions with members of the Federal Reserve System arranged by federal funds brokers on such day, as published by the Federal Reserve Bank of New York on the Business Day next succeeding such day; provided that, if such day is not a Business Day or the Effective Federal Funds Rate is not so published for any day, the Effective Federal Funds Rate for such day shall be such rate on such transactions on the next Business Day as so published on the next succeeding Business Day. “Effective Time” means 12:01 a.m., New York time, or another time that is agreed to in writing by the parties hereto, on the Closing Date.
Deposit Insurance Fund means the Deposit Insurance Fund administered by the FDIC. “Derivative Contract” has the meaning set forth in S ection 3.10.