National Cost of Funds Index definition

National Cost of Funds Index. The National Monthly Median Cost of Funds Ratio to SAIF-Insured Institutions published by the Office of Thrift Supervision.
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National Cost of Funds Index. The National Monthly Median Cost of Funds Ratio to OTS-Regulated, SAIF-Insured Institutions published by the OTS.
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National Cost of Funds Index. The National Monthly Median Cost of Funds Ratio to SAIF-Insured Institutions published by the OTS. Net Interest Shortfall: As to any Distribution Date, the sum of
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Examples of National Cost of Funds Index in a sentence

  • You can obtain the current National Cost of Funds Index value by calling (202) 906-6988.

  • You can obtain general information about the National Cost of Funds Index by writing the OAce of Thrift Supervision at 1700 K Street, N.W., Washington, D.C. 20552 or by calling (202) 906-6000.

  • Information on the National Cost of Funds Index may be obtained by writing or calling the OTS, 1700 G Street, N.W., Washington, D.C. 20552, (202) 906-6677 and the current National Cost of Funds Index may be obtained by calling (202) 906-6988.

  • If on any such tenth day of the month in which an Interest Accrual Period commences the most recently published National Cost of Funds Index relates to a month prior to the fourth preceding month, the applicable index for such Interest Accrual Period and each succeeding Interest Accrual Period will be based on LIBOR, as determined by State Street in accordance with the Trust Agreement.

  • If on any such tenth day of an Interest Accrual Period the most recently published National Cost of Funds Index relates to a month prior to the fourth preceding month, the applicable index for such Interest Accrual Period and each succeeding Interest Accrual Period will be based on LIBOR, as determined by State Street in accordance with the Trust Agreement.

  • The ‘‘National Cost of Funds Index'' means the National Monthly Median Cost of Funds Ratio to SAIF-Insured Institutions published by the OAce of Thrift Supervision.5 If, however, on the tenth day of the month in which any Interest Accrual Period begins, the most recently published National Cost of Funds Index value relates to a month prior to the fourth preceding month, from then on we will determine the interest rate for each COFI Class based on LIBOR (calculated under the BBA Method).

  • You can obtain general information about the National Cost of Funds Index by writing the OÇce of Thrift Supervision at 1700 G Street, N.W., Washington, D.C. 20552 or by calling (202) 906-6000.

  • If on any such tenth day of the month in which an Interest Accrual Period commences the most recently published National Cost of Funds Index relates to a month prior to the fourth preceding month, the applicable index for the Class 1-FD, Class 1-SD and Class 1-SE REMIC Certificates for such Interest Accrual Period and each succeeding Interest Accrual Period will be based on LIBOR, as determined by State Street in accordance with the Trust Agreement.

  • Information on the National Cost of Funds Index may be obtained by writing or calling the OTS, 1700 G Street, N.W., Washington, D.C. 20552,(202) 906-6677 and the current National Cost of Funds Index may be obtained by calling (202) 906- 6988.

  • You may obtain information about the National Cost of Funds Index by writing to the Office of Thrift Supervision (OTS) at 1700 G Street, NW, Washington, DC 20552 or by calling (202) 906-6000.


More Definitions of National Cost of Funds Index

National Cost of Funds Index. The National Monthly Median Cost of Funds Ratio to SAIF-Insured Institutions published by the Office of Thrift Supervision. Net Prepayment Interest Shortfalls: As to any Distribution Date, the amount by which the aggregate of Prepayment Interest Shortfalls during the related Prepayment Period exceeds an amount equal to one-half of the aggregate Basic Master Servicing Fee for such Distribution Date before reduction of the Basic Master Servicing Fee in respect of such Prepayment Interest Shortfalls.
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National Cost of Funds Index. The National Monthly Median Cost of Funds Ratio to SAIF-Insured Institutions published by the Office of Thrift Supervision. New York Presenting Agent: State Street Bank and Trust Company, N.A., with its offices at 00 Xxxxxxxx, Xxx Xxxx, Xxx Xxxx or such other office within the Borough of Manhattan, City of New York, State of New York, as Xxxxxx Mae may appoint by notice to the Trustee.
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National Cost of Funds Index. Not applicable.
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Related to National Cost of Funds Index

  • Eurodollar Reserve Percentage means, for any day during any Interest Period, the reserve percentage (expressed as a decimal, carried out to five decimal places) in effect on such day, whether or not applicable to any Lender, under regulations issued from time to time by the FRB for determining the maximum reserve requirement (including any emergency, supplemental or other marginal reserve requirement) with respect to Eurocurrency funding (currently referred to as “Eurocurrency liabilities”). The Eurodollar Rate for each outstanding Eurodollar Rate Loan shall be adjusted automatically as of the effective date of any change in the Eurodollar Reserve Percentage.

  • Adjusted LIBO Rate means, with respect to any Eurodollar Borrowing for any Interest Period, an interest rate per annum (rounded upwards, if necessary, to the next 1/16 of 1%) equal to (a) the LIBO Rate for such Interest Period multiplied by (b) the Statutory Reserve Rate.