Common use of Deposit Insurance Clause in Contracts

Deposit Insurance. The deposit accounts of the Bank are insured by the FDIC up to applicable legal limits, the Bank has paid all premiums and assessments required by the FDIC and the regulations thereunder, and no proceeding for the termination or revocation of such insurance is pending or, to the knowledge of the Company, threatened.

Appears in 62 contracts

Samples: Underwriting Agreement (ConnectOne Bancorp, Inc.), Underwriting Agreement (Independent Bank Group, Inc.), Holding Company (City Holding Co)

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Deposit Insurance. The deposit accounts of the Bank are insured by the FDIC up to applicable the legal limitsmaximum, the Bank has paid all premiums and assessments required by the FDIC and the regulations thereunder, thereunder and no proceeding for the termination or revocation of such insurance is pending or, to the knowledge of the Company, threatened.

Appears in 19 contracts

Samples: Underwriting Agreement (Lakeland Bancorp Inc), Underwriting Agreement (Esquire Financial Holdings, Inc.), Underwriting Agreement (Red River Bancshares Inc)

Deposit Insurance. The deposit accounts of the Bank are insured by the FDIC up to applicable legal limits, the Bank has paid all premiums and assessments required by the FDIC and the regulations thereunder, and no proceeding for the termination or revocation of such insurance has been instituted, is pending or, to the knowledge of the Company, is threatened.

Appears in 6 contracts

Samples: Underwriting Agreement (William Bradford Haines Financial Services Trust), Underwriting Agreement (South Plains Financial, Inc.), Underwriting Agreement (Third Coast Bancshares, Inc.)

Deposit Insurance. The deposit accounts of the Bank are insured by the FDIC up to the applicable legal maximum limits, the Bank has paid all premiums and assessments required by the FDIC and the regulations thereunder, thereunder and no proceeding for the termination or revocation of such insurance is pending or, to the knowledge of the Company, threatened.

Appears in 3 contracts

Samples: Underwriting Agreement (Finwise Bancorp), Underwriting Agreement (Community Heritage Financial, Inc.), Underwriting Agreement (Community Heritage Financial, Inc.)

Deposit Insurance. The deposit accounts of each of the Bank Banks are insured by the FDIC up to applicable the legal limitsmaximum, each of the Bank Banks has paid all premiums and assessments required by the FDIC and the regulations thereunder, thereunder and no proceeding for the termination or revocation of such insurance is pending or, to the knowledge of the Company, threatened.

Appears in 2 contracts

Samples: Underwriting Agreement (Shore Bancshares Inc), Underwriting Agreement (Triumph Bancorp, Inc.)

Deposit Insurance. The deposit accounts of the Bank Banks are insured by the FDIC up to the applicable legal maximum limits, the Bank has Banks have paid all premiums and assessments required by the FDIC and the regulations thereunder, thereunder and no proceeding for the termination or revocation of such insurance is pending or, to the knowledge of the Company, threatened.

Appears in 2 contracts

Samples: Underwriting Agreement (Merchants Bancorp), Underwriting Agreement (Merchants Bancorp)

Deposit Insurance. The deposit accounts of the Bank are insured by the FDIC up to applicable legal limits, the Bank has paid all premiums and assessments required by the FDIC and the regulations thereunder, and no proceeding for the termination or revocation of such insurance is pending or, to the knowledge of the Company’s knowledge, threatened.

Appears in 1 contract

Samples: Underwriting Agreement (Professional Holding Corp.)

Deposit Insurance. The deposit accounts of the Bank are insured by the FDIC up to applicable the legal limitsmaximum, the Bank has paid all premiums and assessments required by the FDIC and the regulations thereunder, promulgated by the FDIC and no proceeding for the termination or revocation of such insurance is pending or, to the knowledge of the Company, threatened.

Appears in 1 contract

Samples: Underwriting Agreement (Ameris Bancorp)

Deposit Insurance. The deposit accounts of the Bank are insured by the FDIC up to applicable legal limits, the Bank has paid all premiums and assessments required by the FDIC and the regulations thereunder, and no proceeding for the termination or revocation of such insurance is pending or, to the knowledge of the Company’s knowledge, threatened.

Appears in 1 contract

Samples: Underwriting Agreement (LINKBANCORP, Inc.)

Deposit Insurance. The deposit accounts of the Bank Banks are insured by the FDIC up to applicable legal limits, the Bank has Banks have paid all premiums and assessments required by the FDIC and the regulations thereunder, and no proceeding for the termination or revocation of such insurance is pending or, to the knowledge of the Company, threatened.

Appears in 1 contract

Samples: Underwriting Agreement (First Mid Illinois Bancshares Inc)

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Deposit Insurance. The deposit accounts of the Bank are insured by the FDIC Federal Deposit Insurance Corporation (the “FDIC”) up to applicable the legal limits, maximum; the Bank has paid all premiums and assessments required by the FDIC and the regulations thereunder, ; and no proceeding for the termination or revocation of such insurance is pending or, to the knowledge of the CompanyCorporation, threatened.

Appears in 1 contract

Samples: Purchase Agreement (Old Line Bancshares Inc)

Deposit Insurance. The deposit accounts of the each Bank are insured by the FDIC up to applicable legal limits, the each Bank has paid all premiums and assessments required by the FDIC and the regulations thereunder, and no proceeding for the termination or revocation of such insurance is pending or, to the knowledge of the Company, threatened.

Appears in 1 contract

Samples: Underwriting Agreement (QCR Holdings Inc)

Deposit Insurance. The deposit accounts of the Bank Banks are insured by the Federal Deposit Insurance Corporation (“FDIC”) to the fullest extent permitted by the Federal Deposit Insurance Act, as amended, and the rules and regulations of the FDIC up to applicable legal limitsthereunder, the Bank has paid and all premiums and assessments required by the FDIC and the regulations thereunderto be paid in connection therewith have been paid when due (after giving effect to any applicable extensions), and no proceeding for the modification, termination or revocation of such insurance is are pending or, to the knowledge of the Company, threatened.

Appears in 1 contract

Samples: Underwriting Agreement (HBT Financial, Inc.)

Deposit Insurance. The deposit accounts of the Bank are insured by the FDIC up to applicable legal limits, the Bank has paid all premiums and assessments required fullest extent permitted by the FDIC law and the rules and regulations thereunderof the FDIC, and no proceeding for the termination or revocation of such insurance is pending or, to the knowledge of the CompanyBank after due inquiry, threatened.

Appears in 1 contract

Samples: Purchase Agreement (Guaranty Financial Group Inc.)

Deposit Insurance. The deposit accounts of the Bank are insured by the FDIC up Federal Deposit Insurance Corporation (the “FDIC”) to applicable the legal limitsmaximum, the Bank such subsidiary has paid all premiums and assessments required by the FDIC and the regulations thereunder, thereunder and no proceeding for the termination or revocation of such insurance is pending or, to the knowledge of the Company, threatened.

Appears in 1 contract

Samples: Enterprise Financial Services (Enterprise Financial Services Corp)

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