Federal Deposit Insurance Corporation Sample Clauses

Federal Deposit Insurance Corporation. Unless explicitly stated otherwise, transactions hereunder and funds held in the Accounts (i) are not insured by the Federal Deposit Insurance Corporation or any government agency, (ii) are not deposits or obligations of, or guaranteed by, BNP Paribas or any other bank; and (iii) involve market and investment risks, including possible loss of the principal amount invested.
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Federal Deposit Insurance Corporation. Unless explicitly stated otherwise, transactions hereunder and funds held in any account by any Scotia Entity pursuant to this Agreement (i) are not insured by the Federal Deposit Insurance Corporation or the Canadian Deposit Insurance or any government agency, and (ii) involve market and investment risks, including possible loss of the principal amount invested.
Federal Deposit Insurance Corporation. (“FDIC”) A brochure explaining the coverage provided by FDIC is available on the FDIC’s website at xxx.xxxx.xxx/xxxxxxx. Please see Exhibit 2 for the terms and conditions applicable to the investment of cash in your account and how FDIC insurance will apply.
Federal Deposit Insurance Corporation. Sunshine Act Meeting Pursuant to the provisions of the ‘‘Government in the Sunshine Act’’ (5 U.S.C. 552b), notice is hereby given that at 10:17 a.m. on Tuesday, October 8, 2013, the Board of Directors of the Federal Deposit Insurance Corporation met in closed session to consider matters related to the Corporation’s supervision, corporate, and resolution activities. In calling the meeting, the Board determined, on motion of Vice Chairman Xxxxxx X. Xxxxxx, seconded by Director Xxxxxxxx X. Xxxxxx the matters which were to be the subject of this meeting on less than seven days’ notice to the public; that no earlier notice of the meeting was practicable; that the public interest did not require consideration of the matters in a meeting open to public observation; and that the matters could be considered in a closed meeting by authority of subsections (c)(4), (c)(6), (c)(8),
Federal Deposit Insurance Corporation. Final Maturity Date - The latest date designated on the face of a Note which provides for the maturity thereof.
Federal Deposit Insurance Corporation. Sunshine Act Meeting Pursuant to the provisions of the ‘‘Government in the Sunshine Act’’ (5 U.S.C. 552b), notice is hereby given that at 3:00 p.m. on Friday, January 10, 1997, the Board of Directors of the Federal 2368 Federal Register / Vol. 62, No. 11 / Thursday, January 16, 1997 / Notices Deposit Insurance Corporation met in closed session to consider matters relating to the Corporation’s supervisory activities. In calling the meeting, the Board determined, on motion of Vice Chairman Xxxxxx X. Xxxx, Xx., seconded by Director Xxxxxx X. Xxxxx (Appointive), concurred by Director Xxxxxx X. Xxxxxx (Comptroller of the Currency), Director Xxxxxxx X. Xxxxxxxx (Director, Office of Thrift Supervision), and Chairman Xxxxx Xxxxxx, that Corporation business required its consideration of the matters on less than seven days’ notice to the public; that no earlier notice of the meeting was practicable; that the public interest did not require consideration of the matters in a meeting open to public observation; and that the matters could be considered in a closed meeting by authority of subsections (c)(6), (c)(8), and (c)(9)(A)(ii), of the ‘‘Government in the Sunshine Act’’ (5 U.S.C. 552b (c)(6),
Federal Deposit Insurance Corporation. (FDIC) Consent, 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 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 by law in no event be in an amount equal to all accrued and unpaid rent to the date of termination.
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Federal Deposit Insurance Corporation. The FDIC is an independent Federal agency created by Congress in 1933 to insure bank deposits and maintain stability and public confidence in the nation’s banking system. A five-member Board of Directors appointed by the President and confirmed by the Senate manages the FDIC. The FDIC receives no Congressional appropriations to carry out its mission as deposit insurer and banking regulator. The money for these purposes comes from the deposit insurance premiums paid by banks and savings associations and from earnings on investments in the U.S. Treasury securities. (08-20-03) PN 362 RD Instruction 2000-RRR Exhibit A
Federal Deposit Insurance Corporation. Sunshine Act Meeting Pursuant to the provisions of the ‘‘Government in the Sunshine Act’’ (5
Federal Deposit Insurance Corporation. Example 1: Single Account Account Title Deposit Type Account Balance Xxxxx Xxxxx MMDA $ 15,000 Xxxxx Xxxxx Savings $ 20,000 Xxxxx Xxxxx CD $ 200,000 Xxxxx’s Memories (A Sole Proprietorship) Checking $ 25,000 Total $ 260,000 Amount Insured $ 250,000 Amount Uninsured $ 10,000 ! ! Explanation Xxxxx Xxxxx has four single accounts at the same insured bank, including one account in the name of her business, which is a sole proprietorship. The FDIC insures deposits owned by a sole proprietorship as the single account of the business owner. The FDIC combines the four accounts, which equal $260,000, and insures the total balance up to $250,000, leaving $10,000 uninsured. CERTAIN RETIREMENT ACCOUNTS A retirement account is insured under the Certain Retirement Accounts ownership category only if the account qualifies as one of the following: • Individual Retirement Account (IRA): ❍ Traditional IRA ❍ Xxxx XXX ❍ Simplified Employee Pension (SEP) IRA ❍ Savings Incentive Match Plans for Employees (SIMPLE) IRA • Self-directed defined contribution plan account includes ❍ Self-directed 401(k) plan ❍ Self-directed SIMPLE IRA held in the form of a 401(k) plan ❍ Self-directed defined contribution profit- sharing plan • Self-directed Xxxxx plan account (or H.R.10 plan account) designed for self-employed individuals • Section 457 deferred compensation plan account, such as an eligible deferred compensation plan provided by state and local governments regardless of whether the plan is self-directed The FDIC adds together all retirement accounts listed on the previous page owned by the same person at the same insured bank and insures the total amount up to $250,000. The FDIC defines the term “self-directed” to mean that plan participants have the right to direct how the money is invested, including the ability to direct that deposits be placed at an FDIC-insured bank. The FDIC will consider an account to be self-directed if the participant of the retirement plan has the right to choose a particular bank’s deposit accounts as an investment option. For example: • If a plan has deposit accounts at a particular insured bank as its default investment option, then the FDIC would deem the plan to be self-directed for insurance coverage purposes because, by inaction, the participant has directed the placement of such deposits • If a plan consists only of a single employer/ employee, and the employer establishes the plan with a single investment option of deposit accounts at a particular i...
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