FED FUNDS definition

FED FUNDS means, for any day, the rate set forth for such day opposite the caption “Federal funds”, as such rate is displayed on the page “FedsOpen <Index> <GO>“ on the BLOOMBERG Professional Service, or any successor page; provided that if no rate appears for any day on such page, the rate for the immediately preceding day for which a rate does so appear shall be used for such day. Hedging Party: Barclays or an affiliate of Barclays that is involved in the hedging of this Transaction for all applicable Additional Disruption Events. Determining Party: Barclays for all applicable Extraordinary Events. Acknowledgments: Non-Reliance: Applicable. Agreements and Acknowledgments Regarding Hedging Activities: Applicable. Additional Acknowledgments: Applicable.

FED FUNDS. “FED FUNDS” means ,for any day, the rate set forth for such day opposite the caption “Federal funds”, as such rate is displayed on the page “FedsOpen <Index> <GO>” on the BLOOMBERG Professional Service, or any successor page; provided that if no rate appears for any day on such page, the rate for the immediately preceding day for which a rate does so appear shall be used for such day. Hedging Party: Dealer or an affiliate of Dealer that is involved in the hedging of this Transaction for all applicable Additional Disruption Events. Determining Party: Dealer for all applicable Extraordinary Events. Acknowledgments: Non-Reliance: Applicable. Agreements and Acknowledgments Regarding Hedging Activities: Applicable. Additional Acknowledgments: Applicable.

FED FUNDS. For any day, the rate set forth for such day opposite the caption “Federal funds”, as such rate is displayed on the page “OBFR01 <Index> <GO>” on the BLOOMBERG Professional Service, or any successor page; provided that if no rate appears for any day on such page, the rate for the immediately preceding day for which a rate does so appear shall be used for such day. Hedging Party: Dealer or an affiliate of Dealer that is involved in the hedging of this Transaction for all applicable Additional Disruption Events. Hedge Positions: The definition of “Hedge Positions” in Section 13.2(b) of the Equity Definitions shall be amended by inserting the words “or an affiliate thereof” after the words “a party” in the third line. Determining Party: Dealer for all applicable Extraordinary Events and any Announcement Event. Acknowledgments: Non-Reliance: Applicable. Agreements and Acknowledgments Regarding Hedging Activities: Applicable. Additional Acknowledgments: Applicable.

Examples of FED FUNDS in a sentence

• For the period from (and including) the scheduled payment date until (and excluding) the next following TARGET Settlement Day, interest will be payable by the relevant fixed rate payer or floating rate payer on the relevant Fixed Amount or Floating Amount payable at a rate equal to EONIA (in case of Euro payments), SONIA (in case of GBP payments); FED FUNDS (in case of USD payments) TOIS (in case of CHF payments) or TONA (in case of JPY payments).

• Any use of such index or its name must be with the consent of Deutsche Bank AG.DEUTSCHE BANK FED FUNDS EFFECTIVE RATE TOTAL RETURN INDEX The Deutsche Bank Fed Funds Effective Rate Total Return Index (Bloomberg: DBMMFED1<Index>) (the “Fed Funds Index”) is intended to measure the accrual of a daily rolled deposit invested at the federal funds effective rate.

• Pantzar Xxxxxxone: (210) 498-7472 Xxxxxxxy: (210) 498-0382 or 498-7819 Telex: 767424 INSTRUCTIONS FOR PAYMENTS TO BORROWER: WE PAY VIA: X FED FUNDS CHIPS TO: (PLEASE PLACE BANK NAME, CORRESPONDENT NAME (IF APPLICABLE), CHIPS AND/OR FED FUNDS ACCOUNT NUMBER BELOW) State Street Bank and Trust Company, Boston, Massachusetts ABA #011-00-0028 USAA MUTUAL FUND, INC.

• FLOAT IS EARNED AT THE FED FUNDS RATE, AS PUBLISHED IN THE WALL STREET JOURNAL OR ON THE FEDERAL RESERVE'S WEB SITE.

• EXHIBIT B TO: (PLEASE PLACE BANK NAME, CORRESPONDENT NAME (IF APPLICABLE), CHIPS AND/OR FED FUNDS ACCOUNT NUMBER BELOW) USAA MUTUAL FUND, INC.

More Definitions of FED FUNDS

FED FUNDS means, for any day, the rate set forth for such day opposite the caption “Federal funds”, as such rate is displayed on the page “FedsOpen <Index> <GO>“ on the BLOOMBERG Professional Service, or any successor page; provided that if no rate appears for any day on such page, the rate for the immediately preceding day for which a rate does so appear shall be used for such day. Hedging Party: Dealer or an affiliate of Dealer that is involved in the hedging of this Transaction for all applicable Additional Disruption Events. Determining Party: Dealer for all applicable Additional Disruption Events.

FED FUNDS when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are bearing interest at a rate determined by reference to the Fed Funds Rate

FED FUNDS means overnight borrowings between the Bank and other financial institutions maintaining funds at the Federal Reserve Banks.

FED FUNDS refer to the funds that are immediately available and not subject to an availability or collection hold. “Foreign Account” refers to an Account for which the primary account holder is not a resident or not a citizen of the United States.

FED FUNDS. “FED FUNDS” means, for any day, the rate set forth for such day opposite the caption “Federal funds”, as such rate is displayed on the page “FedsOpen <Index> <GO>“ on the BLOOMBERG Professional Service, or any successor page; provided that if no rate appears for any day on such page, the rate for the immediately preceding day for which a rate does so appear shall be used for such day. Hedging Party: Dealer or an affiliate of Dealer that is involved in the hedging of the Transaction for all applicable Additional Disruption Events. Hedge Positions: The definition of “Hedge Positions” in Section 13.2(b) of the Equity Definitions shall be amended by inserting the words “or an affiliate thereof” after the words “a party” in the third line. Determining Party: Dealer for all applicable Extraordinary Events (including Announcement Events).

FED FUNDS when used in reference to any Loan or Borrowing which is converted in accordance with the terms of this Agreement to a Swingline Dollar Loan or Swingline Dollar Borrowing, refers to whether such converted Loan, or the converted Loans comprising such Borrowing, are bearing interest at a rate determined by reference to the Federal Funds Effective Rate.

FED FUNDS means the rate for overnight USD Federal funds which appears on Reuters Screen “RIC USONFFE=” on the Reset Date;