Federal Obligations definition

Federal Obligations means direct obligations of the United States of America, Resolution Funding Corporation (“REFCORP”) interest strips, or direct non-prepayable obligations the principal and interest on which are unconditionally guaranteed as to full and timely payment by the United States of America, none of which permit redemption prior to maturity at the option of the obligor. Federal Obligations shall not mean unit investment trusts and mutual funds.

Federal Obligations means non-callable direct obligations of, or obligations fully guaranteed as to payment of principal and interest by, the United States of America or any agency or instrumentality thereof, provided that such obligations are backed by the full faith and credit of the United States of America as chosen by the Borrowers, subject to the approval of Lender.

Federal Obligations means direct obligations of the United States or other obligations the timely payment of principal and interest of which is fully and unconditionally guaranteed by the United States.

Examples of Federal Obligations in a sentence

• Borrower, pursuant to the Security Agreement or other appropriate document, shall authorize and direct that the payments received from the Federal Obligations shall be made directly to Lender and applied to satisfy the obligations of Borrower under the Defeased Note.

• CD must be fully insured by the FDIC or collateralized by fully guaranteed Federal Obligations that are pledged to the City and that have a market value equal to or greater than that of the CD for the life of the CD.

• Annual Listing of Federal Obligations Every year, SRTC is required to complete a list of federal obligations that occurred in the preceding program year (23 C.F.R. § 450.332).

• No. 16-72827, (9th Cir.), or In re Compliance with Federal Obligations by the City of Santa Xxxxxx, FAA NO.

• Subsequent advance payments will be scheduled to ensure that funds are resident with NASA before Federal Obligations are incurred in support of this Agreement.

More Definitions of Federal Obligations

Federal Obligations means non-callable direct obligations of, or obligations fully guaranteed as to payment of principal and interest by, the United States of America or any agency or instrumentality thereof provided that such obligations are backed by the full faith and credit of the United States of America or, provided, that Lender has received written confirmation from each Rating Agency that the defeasance of the Loan with other “governmental securities” within the meaning of §2(a)(16) of the Investment Company Act of 1940, as amended, is acceptable and such securities are permitted pursuant to the rules and regulations relating to REMICs (as defined in Section 15.01 hereof) or other governmental securities, in each case as chosen by Borrower.

Federal Obligations means non-callable direct obligations of, or obligations fully guaranteed as to payment of principal and interest by, the United States of America or any agency or instrumentality thereof provided that such obligations are backed by the full faith and credit of the United States of America as chosen by the Borrowers, subject to the approval of Lender.

Federal Obligations means direct general obligations of, or obligations the payment of the principal and interest of which are unconditionally guaranteed by, the United States of America, including obligations issued or held in book entry form on the books of the Department of Treasury of the United States of America.

Federal Obligations means federal statutes and regulations pertaining to the

Federal Obligations means obligations and securities described in Section 9-21-1012, Tennessee Code Annotated.

Federal Obligations means (i) any direct general obligations of the United States of America,

Federal Obligations means (i) non-callable, direct obligations of the United States of America, (ii) non-callable and non-prepayable, direct obligations of any agency of the United States of America, which are unconditionally guaranteed by the United States of America as to full and timely payment of principal and interest, (iii) non-callable, non-prepayable coupons or interest installments from the securities described in clause (i) or clause (ii) of this paragraph, which are stripped pursuant to programs of the Department of the Treasury of the United States of America, or (iv) coupons or interest installments stripped from bonds of the Resolution Funding Corporation.