FDI Act Sample Clauses

The FDI Act clause defines the application and relevance of the Federal Deposit Insurance Act within the context of the agreement. It typically clarifies how the provisions of the FDI Act, such as deposit insurance coverage, regulatory oversight, or compliance requirements, apply to the parties or transactions involved. For example, it may specify that certain accounts or activities are subject to FDIC insurance limits or that the parties must adhere to FDIC regulations. The core function of this clause is to ensure that all parties understand their obligations and protections under the FDI Act, thereby promoting regulatory compliance and reducing legal uncertainty.
FDI Act. The Bank is an insured depositary under the provisions of the Federal Deposit Insurance Act, as amended (the "FDI Act").
View SourceView Similar (2)
FDI Act. Each Subsidiary is an insured depository institution under the provisions of the Federal Deposit Insurance Act, as amended (the “FDI Act”)
View SourceView Similar (2)
FDI Act. 2.10.3 FDIC . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.10.1 FRB . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.10.1 -vi-
View Source

Related to FDI Act

  • ▇▇▇▇▇ Act Subrecipient agrees that no funds provided, nor personnel employed under this Contract, shall be in any way or to any extent engaged in the conduct of political activities in violation of the Hatch Act, 5 U.S.C. Section 1501 et seq. and Chapter 15 of Title V of the U.S.C.

  • ▇▇▇▇▇▇ Act Any provisions required to be contained in this Agreement by Section 126 and/or Section 130-k or Article 4-A of the New York Real Property Law are hereby incorporated herein, and such provisions shall be in addition to those conferred or imposed by this Agreement; provided, however, that to the extent that such Section 126 and/or 130-k shall not have any effect, and if said Section 126 and/or Section 130-k should at any time be repealed or cease to apply to this Agreement or be construed by judicial decision to be inapplicable, said Section 126 and/or Section 130-k shall cease to have any further effect upon the provisions of this Agreement. In a case of a conflict between the provisions of this Agreement and any mandatory provisions of Article 4-A of the New York Real Property Law, such mandatory provisions of said Article 4-A shall prevail, provided that if said Article 4-A shall not apply to this Agreement, should at any time be repealed, or cease to apply to this Agreement or be construed by judicial decision to be inapplicable, such mandatory provisions of such Article 4-A shall cease to have any further effect upon the provisions of this Agreement.

  • ▇▇▇▇▇-▇▇▇▇▇ Act Contractor agrees to comply with all applicable provisions of 40 USC § 3141 – 3148.

  • Federal Reserve Regulations No part of the proceeds of the Loan will be used for the purpose of purchasing or acquiring any “margin stock” within the meaning of Regulation U of the Board of Governors of the Federal Reserve System or for any other purpose which would be inconsistent with such Regulation U or any other Regulations of such Board of Governors, or for any purposes prohibited by Legal Requirements or by the terms and conditions of this Agreement or the other Loan Documents.

  • Federal Reserve Board Regulations None of the Loan Parties is engaged or will engage, principally or as one of its important activities, in the business of extending credit for the purposes of “purchasing” or “carrying” any “Margin Stock” within the respective meanings of such terms under Regulations U, T and X of the Board. No part of the proceeds of the Loans will be used for “purchasing” or “carrying” “Margin Stock” as so defined for any purpose which violates, or which would be inconsistent with, the provisions of, any applicable laws or regulations of any Governmental Authority (including, without limitation, the Regulations of the Board).