Federal Deposit Insurance Corporation definition

Federal Deposit Insurance Corporation means the Federal Deposit Insurance Corporation or any successor thereto.
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Federal Deposit Insurance Corporation means the federal
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Federal Deposit Insurance Corporation or any successor thereto.
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Examples of Federal Deposit Insurance Corporation in a sentence

  • Any and all funds held in the Settlement Fund shall be held in an interest-bearing account insured by the Federal Deposit Insurance Corporation.

  • Manager shall establish a separate, segregated, account fully insured by the Federal Deposit Insurance Corporation (the “Home Ownership Assistance Fund”) in the name of Owner.

  • The Trustee in its discretion may keep such portion of the Trust Fund in cash or cash equivalents (including deposits in the Trustee’s own Banking Department) as the Trustee may from time to time deem to be in the interest of Participants and Beneficiaries, even if such balances exceed the maximum amount insured from time to time by the Federal Deposit Insurance Corporation.

  • The Bank is a nationally chartered depository financial institution and a member of the Federal Deposit Insurance Corporation (“FDIC”).


More Definitions of Federal Deposit Insurance Corporation

Federal Deposit Insurance Corporation means the federal agency by that name or any successor agency that insures deposits of commercial banks;
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Federal Deposit Insurance Corporation. Notwithstanding any other provisions contained in this Lease, in the event (a) Lessee or its successors or assignees shall become insolvent or bankrupt, or if it or their interests under this Lease shall be levied upon or sold under execution or other legal process, or (b) the depository institution then operating on the Demised Premises is closed, or is taken over by any depository institution supervisory authority ("Authority"), Lessor may, in either such event, terminate this Lease only with the concurrence of any Receiver or Liquidator appointed by such Authority; provided, that in the event this Lease is terminated by the Receiver or Liquidator, the maximum claim of Lessor for rent, damages, or indemnity for injury resulting from the termination, rejection, or abandonment of the unexpired Lease shall be by law no greater than an amount equal to all accrued and unpaid rent to the date of termination.
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Federal Deposit Insurance Corporation means the corporation so named, organized pursuant to an Act of Congress, or any federal corporation, instrumentality or agency which succeeds to the powers and functions of the Federal Deposit Insurance Corporation or undertakes to discharge the purposes for which said corporation was created.
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Related to Federal Deposit Insurance Corporation

  • FDIC The Federal Deposit Insurance Corporation, or any successor thereto.

  • Appropriate Federal Banking Agency means the “appropriate Federal banking agency” with respect to the Corporation as defined in Section 3(q) of the Federal Deposit Insurance Act (12 U.S.C. Section 1813(q)), or any successor provision.

  • Federal banking agencies means the Board of Governors of the Federal Reserve System, the Comptroller of the Currency, the Director of the Office of Thrift Supervision, the National Credit Union Administration, and the Federal Deposit Insurance Corporation.

  • Credit unemployment insurance means insurance:

  • Deputy Commissioner means the Deputy Commissioner of the DEP Bureau of Customer Services, or designee.

  • Local department means the local department of social services of any county or city in this

  • Office of the Corporation means the executive office of the Corporation, anything in Section 131 of the General Corporation Law to the contrary notwithstanding.

  • National Commissioner means the National Commissioner of the South African Police Service, appointed by the President under section 207(1) of the Constitution of the Republic of South Africa, 1996;

  • Federal Aviation Administration and "FAA" mean the United States Federal Aviation Administration and any agency or instrumentality of the United States government succeeding to their functions.

  • Insurance Authority means the Insurance Authority of Hong Kong established pursuant to section 4AAA of the Insurance Ordinance.

  • Credit insurance means insurance offered in connection with an extension of credit that is limited to partially or wholly extinguishing that credit obligation.

  • New York Federal Reserve s Website" means the website of the Federal Reserve Bank of New York currently at http://www.newyorkfed.org, or any successor website;

  • insurance agent means, subject to subsection (2), any person who for any compensation and through any medium does one or more of the following:

  • Federal Reserve Board means the Board of Governors of the Federal Reserve System of the United States of America.

  • Insurance Fund means the pest control insurance fund established pursuant to this compact.

  • Nonprofit corporation means that term as defined under section 108 of the nonprofit corporation act, 1982 PA 162, MCL 450.2108.