Insured Depository Institution Sample Clauses

Insured Depository Institution. If a party hereto is an “insured depository institution” as such term is defined in the Federal Deposit Insurance Act (as amended, the “FDIA”), then each Transaction hereunder is a “qualified financial contract” as that term is defined in the FDIA and any rules, orders or policy statements thereunder except insofar as the type of assets subject to such Transaction would render such definition inapplicable.
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Insured Depository Institution. ‘‘In- sured depository institution’’ has the same meaning as in section 3 of the Federal Deposit Insurance Act (12 U.S.C. 1813).
Insured Depository Institution. The Company is an insured depository institution under the provisions of the Federal Deposit Insurance Act and the deposit accounts of the Company are insured up to the applicable limits by the Federal Deposit Insurance Corporation (“‘FDIC”) and no proceedings for the termination or revocation of such insurance are pending or, to the knowledge of the Company, threatened.
Insured Depository Institution. For purposes of this section, the term ‘‘insured depository institution’’ has the same meaning as in section 1813 of this title.
Insured Depository Institution. ‘‘In- sured depository institution’’ has the same meaning as in section 3 of the Federal Deposit Insurance Act (12 U.S.C. 1813). (i) NGEP. ‘‘NGEP’’ means a non- governmental entity or person. (j) Nongovernmental entity or person—
Insured Depository Institution. “Insured Depository Institution” shall have the meaning provided in section 3 of the Federal Deposit Insurance Act, the pertinent provisions of which are codified at 12 U.S.C. 1813(c)(1).

Related to Insured Depository Institution

  • Deposit Account If you are issued a secured Card, you have signed or will be required to sign a separate security agreement pledging a specific, non-withdrawable portion of your shares and/or deposits in BECU to secure your Card. The amount of the security for such a Card is the amount of your credit limit and you may not have any access to or control of that amount.

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