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 deposit accounts of Acquiror Bank are insured by the FDIC through the Deposit Insurance Fund to the fullest extent permitted by applicable Legal Requirements, and all premiums and assessments required to be paid in connection therewith have been paid when due.

  • The deposit accounts of the Bank are insured by the FDIC through the Deposit Insurance Fund to the fullest extent permitted by applicable Legal Requirements, and all premiums and assessments required to be paid in connection therewith have been paid when due.


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 established 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.