Federal Fund definition

Federal Fund means the federal student loan reserve fund established by each Guarantee Agency as required by the Higher Education Act.
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Federal Fund means the federal Oil Spill Liability Trust Fund.
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Federal Fund means an entity that receives a loan or investment from the cash proceeds of a qualified equity investment from the applicant or transferee pursuant to § 56-4-505(e) and uses the proceeds of the loan or
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Examples of Federal Fund in a sentence

  • Source of FundsDetailed information on all VS Branch federal fund sources can be found in the VS Branch Federal Fund Information Guide.

  • Subrecipients may be asked to sign and submit one or more Federal Fund Grant Subaward Assurances (Cal OES Form 2-109a-g).Every year, Cal OES updates the Federal Fund Grant Subaward Assurances (Cal OES Form 2-104a-g) to ensure that any new assurances placed upon the federal award are passed down to Subrecipients.

  • Federal Fund Grant Subaward Assurances (Cal OES Forms 2-109a-g)‌These forms list all the assurances and are a binding affirmation that Subrecipients will comply with the assurances to receive a federal fund source.

  • If any of these Federal Fund provisions conflict with any other provisions of this AGREEMENT, the Federal Fund provisions will take precedence unless the other provision is more restrictive, in which case the other provision will control as required under Section 12 above.

  • In addition to all the other terms and conditions of this AGREEMENT, Contractor agrees to comply with the following Federal Fund provisions in performing the AGREEMENT.

  • Funding Source(s)‌Detailed information on all VS Branch federal fund sources can be found in the VS Branch Federal Fund Information Guide.

  • Review investment activity during the period to ascertain that Federal Fund assets were invested in approved securities or other instruments.

  • For a sample of defaulted loans, verify that the appropriate default aversion fees are returned to the Federal Fund.

  • Suggested Audit Procedures Test a sample of borrower payments on defaulted loans at the loan level to ascertain if the equitable share due ED was deposited into the Federal Fund in a timely manner.

  • Conditions for claim payments from the Federal Fund and for reinsurance coverage.


More Definitions of Federal Fund

Federal Fund. Federal Fund" means the Person to which Lloyd's Underwriters are obligated or purportedly obligated to pay money pursuant to Asbestos Legislation.
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Federal Fund means the Person to which Mt. McKinley and/or Everest are obligated or purportedly obligated to pax xxxxx pursuant to Asbestos Legislation.
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Federal Fund means the subaccount with the Transportation Trust Fund, established according to Sections 33.2-1524 and 33.2-1525 of the Code of Virginia, into which all Federal Highway Reimbursements are deposited. The Federal Fund is sometimes referred to the "Federal Highway Fund" in the Department's annual reports and other documentation.
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Related to Federal Fund

  • General Fund means the Fund so designated and established by Article V hereof.

  • Federal Funds Rate means, for any day, the rate per annum equal to the weighted 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 (a) if such day is not a Business Day, the Federal Funds Rate for such day shall be such rate on such transactions on the next preceding Business Day as so published on the next succeeding Business Day, and (b) if no such rate is so published on such next succeeding Business Day, the Federal Funds Rate for such day shall be the average rate (rounded upward, if necessary, to a whole multiple of 1/100 of 1%) charged to Bank of America on such day on such transactions as determined by the Administrative Agent.

  • Federal Funds Effective Rate means, for any day, the weighted average (rounded upwards, if necessary, to the next 1/100 of 1%) of the rates on overnight Federal funds transactions with members of the Federal Reserve System arranged by Federal funds brokers, as published on the next succeeding Business Day by the Federal Reserve Bank of New York, or, if such rate is not so published for any day that is a Business Day, the average (rounded upwards, if necessary, to the next 1/100 of 1%) of the quotations for such day for such transactions received by the Administrative Agent from three Federal funds brokers of recognized standing selected by it.

  • Federal Funds Open Rate means the rate set forth on Moneyline Telerate (or any successor service) on page 5 (or any other page as may replace the specified page on that service) for an Interest Determination Date underneath the caption “FEDERAL FUNDS” in the row titled “OPEN”. If the rate is not available for an Interest Determination Date, the rate for that Interest Determination Date shall be the Federal Funds Rate as determined below.

  • Local fund means any of the local retirement funds for

  • Federal Reserve Bank The Federal Reserve Bank of New York and/or such other Federal Reserve Banks as may maintain Pass-Through Certificates on the Fed System, or any successor selected or approved by Xxxxxxx Mac.

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

  • NYFRB means the Federal Reserve Bank of New York.

  • Federal Reserve means the Board of Governors of the Federal Reserve System.