Common use of Deposit Insurance Clause in Contracts

Deposit Insurance. The deposits of Company Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) to the full extent permitted by Law, and Company Bank has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings for the revocation or termination of such deposit insurance are pending or, to Company’s and Company Bank’s Knowledge, threatened.

Appears in 6 contracts

Samples: Agreement and Plan of Merger (Bank of the Ozarks Inc), Agreement and Plan of Merger and Reorganization (Bank of the Carolinas CORP), Agreement and Plan of Merger (C1 Financial, Inc.)

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Deposit Insurance. The deposits of Company Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) to the full extent permitted by Lawlaw, and Company Bank has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings for the revocation or termination of such deposit insurance are pending or, to the Knowledge of Company’s and Company Bank’s Knowledge, threatened.

Appears in 6 contracts

Samples: Agreement and Plan of Merger (Peoples Federal Bancshares, Inc.), Voting Agreement (Independent Bank Corp), Agreement and Plan of Merger (Independent Bank Corp)

Deposit Insurance. The deposits of Company Buyer Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) FDIA to the full fullest extent permitted by Lawlaw, and Company Buyer Bank has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings for the revocation or termination of such deposit insurance are pending or, to Company’s and Company Bank’s Knowledgethe Knowledge of Buyer, threatened.

Appears in 5 contracts

Samples: Agreement and Plan of Merger (Orrstown Financial Services Inc), Agreement and Plan of Merger (Orrstown Financial Services Inc), Agreement and Plan of Merger (Brookline Bancorp Inc)

Deposit Insurance. The deposits of the Company Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) to the full fullest extent permitted by Lawlaw, and the Company Bank has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings for the revocation or termination of such deposit insurance are pending or, to the Knowledge of the Company’s and Company Bank’s Knowledge, threatened.

Appears in 5 contracts

Samples: Agreement and Plan of Merger (New Hampshire Thrift Bancshares Inc), Agreement and Plan of Merger (Brookline Bancorp Inc), Agreement and Plan of Merger (CNB Financial Corp/Pa)

Deposit Insurance. The deposits of Company the Buyer Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) FDIA to the full fullest extent permitted by Lawlaw, and Company each Buyer Bank has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings for the revocation or termination of such deposit insurance are pending or, to Company’s and Company Bank’s Knowledgethe Knowledge of Buyer, threatened.

Appears in 4 contracts

Samples: Employment Agreement (NBT Bancorp Inc), Agreement and Plan of Merger (DCB Financial Corp), Employment Agreement (Alliance Financial Corp /Ny/)

Deposit Insurance. The deposits of the Company Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) to the full fullest extent permitted by Lawlaw, and Company Bank each Subsidiary has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings for the revocation or termination of such deposit insurance are pending or, to the knowledge of the Company’s and Company Bank’s Knowledge, threatened.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Merrill Merchants Bancshares Inc), Agreement and Plan of Merger (Northeast Bancorp /Me/), Agreement and Plan of Merger (Camden National Corp)

Deposit Insurance. The deposits of the Company Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) to the full fullest extent permitted by Lawlaw, and Company Bank each Subsidiary has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings for the revocation or termination of such deposit insurance are pending or, to the Knowledge of the Company’s and Company Bank’s Knowledge, threatened.

Appears in 4 contracts

Samples: Employment Agreement (Alliance Financial Corp /Ny/), Employment Agreement (NBT Bancorp Inc), Separation Agreement and Release (Randolph Bancorp, Inc.)

Deposit Insurance. The deposits of the Company Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act (the “FDIA”) to the full fullest extent permitted by Lawlaw, and Company Bank each Subsidiary has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings for the revocation or termination of such deposit insurance are pending or, to the Knowledge of the Company’s and Company Bank’s Knowledge, threatened.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Orrstown Financial Services Inc), Agreement and Plan of Merger (Orrstown Financial Services Inc)

Deposit Insurance. (a) The deposits of Company Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act (the “FDIA”) to the full fullest extent permitted by Law, and law. The Company Bank has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings proceeding for the revocation or termination of such FDIC deposit insurance are is pending or, to the Knowledge of the Company’s and Company Bank’s Knowledge, threatened.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (LSB Corp), Agreement and Plan of Merger (People's United Financial, Inc.)

Deposit Insurance. The deposits of Company Bank the Buyer Banks are insured by the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) FDIA to the full fullest extent permitted by Lawlaw, and Company each Buyer Bank has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings for the revocation or termination of such deposit insurance are pending or, to Company’s and Company Bank’s Knowledgethe Knowledge of Buyer, threatened.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Brookline Bancorp Inc), Agreement and Plan of Merger (Bancorp Rhode Island Inc)

Deposit Insurance. The deposits of Company Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) to the full fullest extent permitted by Law, and Company Bank has paid all premiums and assessments and filed all reports required by the FDIAFDIA when due. No proceedings for the revocation or termination of such deposit insurance are pending or, to Company’s and Company Bank’s Knowledge, threatened.

Appears in 2 contracts

Samples: Voting Agreement (Sunshine Bancorp, Inc.), Agreement and Plan of Merger (Seacoast Banking Corp of Florida)

Deposit Insurance. The deposits of the Company Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act ("FDIA") to the full fullest extent permitted by Lawlaw, and Company Bank each Subsidiary has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings for the revocation or termination of such deposit insurance are pending or, to the Knowledge of the Company’s and Company Bank’s Knowledge, threatened.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Brookline Bancorp Inc), Agreement and Plan of Merger (Bancorp Rhode Island Inc)

Deposit Insurance. The deposits of Company the Buyer Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) FDIA to the full fullest extent permitted by Lawlaw, and Company Buyer Bank has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings for the revocation or termination of such deposit insurance are pending or, to Company’s and Company Bank’s Knowledgethe knowledge of Buyer, threatened.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Beverly National Corp), Agreement and Plan of Merger (Danvers Bancorp, Inc.)

Deposit Insurance. The deposits of Company the Buyer Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) FDIA to the full fullest extent permitted by Lawlaw, and Company the Buyer Bank has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings for the revocation or termination of such deposit insurance are pending or, to Company’s and Company Bank’s Knowledgethe knowledge of buyer, threatened.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Camden National Corp), Agreement and Plan of Merger (Union Bankshares Co/Me)

Deposit Insurance. The deposits of Company Bank are insured by the Deposit Insurance Fund of the FDIC in accordance with the Federal Deposit Insurance Act ("FDIA") to the full fullest extent permitted by Law, and Company Bank has paid all premiums and assessments and filed all reports required by the FDIAFDIA when due. No proceedings for the revocation suspension, revocation, or termination of such deposit insurance are pending or, to Company’s and Company Bank’s 's Knowledge, threatened.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Trinity Capital Corp)

Deposit Insurance. The deposits of the Company Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act ("FDIA") to the full fullest extent permitted by Lawlaw, and the Company Bank has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings for the revocation or termination of such deposit insurance are pending or, to the knowledge of the Company’s and Company Bank’s Knowledge, threatened.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Danvers Bancorp, Inc.)

Deposit Insurance. The deposits of Company Buyer Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) FDIA to the full fullest extent permitted by Law, and Company Buyer Bank has paid all premiums and assessments and filed all reports required by the FDIAFDIA when due. No proceedings for the revocation or termination of such deposit insurance are pending or, to CompanyBuyer’s and Company Buyer Bank’s Knowledge, threatened.

Appears in 1 contract

Samples: Voting Agreement (Sunshine Bancorp, Inc.)

Deposit Insurance. The deposits of Company Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) and the Deposit Insurance Fund of the Depositors Insurance Fund to the full extent permitted by Lawlaw, and Company Bank has paid all premiums and assessments and filed all reports required by the FDIAFDIA and the Deposit Insurance Fund of the Depositors Insurance Fund. No proceedings for the revocation or termination of such deposit insurance are pending or, to the Knowledge of Company’s and Company Bank’s Knowledge, threatened.

Appears in 1 contract

Samples: Settlement Agreement (Independent Bank Corp)

Deposit Insurance. The deposits of Company Bank are insured by the Deposit Insurance Fund of the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) to the full fullest extent permitted by Law, and Company Bank has paid all premiums and assessments and filed all reports required by the FDIAFDIA when due. No proceedings for the revocation suspension, revocation, or termination of such deposit insurance are pending or, to Company’s and Company Bank’s Knowledge, threatened.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Enterprise Financial Services Corp)

Deposit Insurance. The deposits of Company Bank the Buyer Banks are insured by the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) FDIA to the full fullest extent permitted by Lawlaw, and Company each Buyer Bank has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings for the revocation or termination of such deposit insurance are pending or, to Company’s and Company Bank’s Knowledgethe knowledge of Buyer, threatened.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Merrill Merchants Bancshares Inc)

Deposit Insurance. (a) The deposits of Company Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) to the full fullest extent permitted by Lawlaw, and Company Bank has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings proceeding for the revocation or termination of such FDIC deposit insurance are is pending or, to the Knowledge of the Company’s and Company Bank’s Knowledge, threatened.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Massbank Corp)

Deposit Insurance. The deposits of Company Buyer Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) FDIA to the full fullest extent permitted by Lawlaw, and Company Buyer Bank has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings for the revocation or termination of such deposit insurance are pending or, to Company’s and Company Bank’s Knowledgethe knowledge of Buyer, threatened.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Massbank Corp)

Deposit Insurance. The deposits of Company the Buyer Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) FDIA to the full fullest extent permitted by Lawlaw, and Company the Buyer Bank has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings for the revocation or termination of such deposit insurance are pending or, to Company’s and Company Bank’s Knowledgethe Knowledge of Buyer, threatened.

Appears in 1 contract

Samples: Agreement and Plan of Merger (CNB Financial Corp/Pa)

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Deposit Insurance. The deposits of Company Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) to the full extent permitted by Lawlaw, and Company Bank each Subsidiary has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings for the revocation or termination of such deposit insurance are pending or, to the Knowledge of Company’s and Company Bank’s Knowledge, threatened.. A-00

Appears in 1 contract

Samples: Agreement and Plan of Merger (Independent Bank Corp)

Deposit Insurance. The deposits of Company the Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) to the full fullest extent permitted by Lawapplicable Legal Requirements, and Company the Bank has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings for the revocation or termination of such deposit insurance are pending or, to Company’s and Company Bank’s Knowledgethe Knowledge of Seller, threatened.

Appears in 1 contract

Samples: Stock Purchase Agreement (United Bancshares Inc/Oh)

Deposit Insurance. The deposits of Company Bank are insured by the Deposit Insurance Fund of the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) to the full fullest extent permitted by Law, and Company Bank has paid all premiums and assessments and filed all reports required by the FDIAFDIA when due. No proceedings for the revocation suspension, revocation, or termination of such deposit insurance are pending or, to Company’s and Company Bank’s Knowledge, threatened.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Enterprise Financial Services Corp)

Deposit Insurance. The deposits of the Company Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) FDIA to the full fullest extent permitted by Lawlaw, and Company Bank each Subsidiary has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings for the revocation or termination of such deposit insurance are pending or, to the Knowledge of the Company’s and Company Bank’s Knowledge, threatened.

Appears in 1 contract

Samples: Agreement and Plan of Merger (DCB Financial Corp)

Deposit Insurance. The deposits of Company Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act ("FDIA") to the full extent permitted by Lawlaw, and Company Bank each Subsidiary has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings for the revocation or termination of such deposit insurance are pending or, to the Knowledge of Company’s and Company Bank’s Knowledge, threatened.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Slades Ferry Bancorp)

Deposit Insurance. The deposits of the Company Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) FDIA to the full fullest extent permitted by Lawlaw, and Company Bank each Subsidiary has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings for the revocation or termination of such deposit insurance are pending or, to the Knowledge of the Company’s and Company Bank’s Knowledge, threatened.. EXHIBIT 2.1

Appears in 1 contract

Samples: Agreement and Plan of Merger (First Commonwealth Financial Corp /Pa/)

Deposit Insurance. The deposits of Company Bank Acquiror are insured by the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) FDIA to the full extent permitted by Lawlaw, and Company Bank Acquiror has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings for the revocation or termination of such deposit insurance are pending or, to CompanyParent’s and Company BankAcquiror’s Knowledgeknowledge, threatened.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Pinnacle Financial Partners Inc)

Deposit Insurance. The deposits of the Company Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act (the “FDIA”) to the full fullest extent permitted by Lawlaw, and the Company Bank has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings for the revocation or termination of such deposit insurance are pending or, to the Knowledge of the Company’s and Company Bank’s Knowledge, threatened.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Brookline Bancorp Inc)

Deposit Insurance. The deposits of Company Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) to the full fullest extent permitted by Law, and Company Bank has paid all premiums and assessments and filed all reports required by the FDIAFDIA when due accurately and completely. No proceedings for the suspension, revocation or termination of such deposit insurance are pending or, to Company’s and Company Bank’s Knowledge, threatened.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Meta Financial Group Inc)

Deposit Insurance. The deposits of the Company Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) to the full fullest extent permitted by Lawlaw, and the Company Bank has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings for the revocation or termination of such deposit insurance are pending or, to the knowledge of the Company’s and Company Bank’s Knowledge, threatened.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Beverly National Corp)

Deposit Insurance. The deposits of Company the Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) FDIA to the full fullest extent permitted by Law, and Company the Bank has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings for the revocation or termination of such deposit insurance are pending or, to the Knowledge of the Company’s and Company Bank’s Knowledge, threatened.

Appears in 1 contract

Samples: Stock Purchase Agreement (First Bancshares Inc /MS/)

Deposit Insurance. The deposits of Company Bank Acquiror are insured by the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) FDIA to the full extent permitted by Lawlaw, and Company Bank Acquiror has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings for the revocation or termination of such deposit insurance are pending or, to CompanyParent’s and Company BankAcquior’s Knowledgeknowledge, threatened.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Pinnacle Financial Partners Inc)

Deposit Insurance. The deposits of Company the Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) to the full extent permitted by Law, and Company the Bank has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings for the revocation or termination of such deposit insurance are pending or, to Company’s and Company Bankthe Seller’s Knowledge, threatened.

Appears in 1 contract

Samples: Stock Purchase Agreement (Bear State Financial, Inc.)

Deposit Insurance. The deposits of Company Acquiror Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) to the full extent permitted by Lawlaw, and Company Acquiror Bank has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings for the revocation or termination of such deposit insurance are pending or, to CompanyAcquiror’s and Company Bank’s Knowledgeknowledge, threatened.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Pinnacle Financial Partners Inc)

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