Common use of Deposit Insurance Clause in Contracts

Deposit Insurance. The deposit accounts of each of the Company’s bank subsidiaries are insured by the Federal Deposit Insurance Corporation (the “FDIC”) to the fullest extent permitted by law and the rules and regulations of the FDIC; and no proceedings for the termination of such insurance are pending or, to the best of the Company’s knowledge, threatened.

Appears in 11 contracts

Samples: Underwriting Agreement (Comerica Inc /New/), Comerica Inc /New/, Comerica Inc /New/

AutoNDA by SimpleDocs

Deposit Insurance. The deposit accounts of each the bank subsidiary of the Company’s bank subsidiaries Company are insured by the Federal Deposit Insurance Corporation (the “FDIC”) FDIC to the fullest extent permitted legal maximum, such subsidiary has paid all premiums and assessments required by law the FDIC and the rules and regulations of the FDIC; thereunder and no proceedings proceeding for the termination or revocation of such insurance are is pending or, to the best knowledge of the Company’s knowledge, threatened.

Appears in 4 contracts

Samples: Underwriting Agreement (Cobiz Financial Inc), Purchase Agreement (Cobiz Inc), Underwriting Agreement (Nara Bancorp Inc)

Deposit Insurance. The deposit accounts of each the bank subsidiaries of the Company’s bank subsidiaries Company are insured by the Federal Deposit Insurance Corporation (the “FDIC”) to the fullest extent permitted legal maximum; such subsidiaries have paid all premiums and assessments required by law the FDIC and the rules and regulations of the FDICthereunder; and no proceedings proceeding for the termination or revocation of such insurance are is pending or, to the best knowledge of the Company’s knowledge, threatened.

Appears in 3 contracts

Samples: Underwriting Agreement (FNB Corp/Fl/), Underwriting Agreement (Firstmerit Corp /Oh/), Underwriting Agreement (Firstmerit Corp /Oh/)

Deposit Insurance. The deposit accounts of each of the Company’s bank subsidiaries are insured by the Federal Deposit Insurance Corporation (the “FDIC”) FDIC to the fullest extent permitted legal maximum, such subsidiaries have paid all premiums and assessments required by law the FDIC and the rules and regulations of the FDIC; thereunder and no proceedings proceeding for the termination or revocation of such insurance are is pending or, to the best knowledge of the Company’s knowledge, threatened.

Appears in 2 contracts

Samples: Underwriting Agreement (Iberiabank Corp), Underwriting Agreement (Iberiabank Corp)

Deposit Insurance. The deposit accounts of each of the Company’s bank subsidiaries are insured by the Federal Deposit Insurance Corporation (the “FDIC”) to the fullest extent permitted by law and the rules and regulations of the FDIC; such subsidiaries have paid all premiums and assessments required by the FDIC and the regulations thereunder; and no proceedings for the termination of such insurance are pending or, to the best of the Company’s knowledge, threatened.

Appears in 2 contracts

Samples: FNB Corp/Pa/, FNB Corp/Pa/

Deposit Insurance. The deposit accounts of each of the Company’s bank subsidiaries Banks are insured by the Federal Deposit Insurance Corporation (the “FDIC”) FDIC up to the fullest extent permitted legal maximum, each such Subsidiary has paid all premiums and assessments required by law the FDIC and the rules and regulations of the FDIC; thereunder and no proceedings proceeding for the termination or revocation of such insurance are is pending or, to the best knowledge of the Company’s knowledge, threatened.

Appears in 2 contracts

Samples: Underwriting Agreement (Talmer Bancorp, Inc.), Underwriting Agreement (Talmer Bancorp, Inc.)

Deposit Insurance. The deposit accounts of each the bank Subsidiaries of the Company’s bank subsidiaries Company are insured by the Federal Deposit Insurance Corporation (the “FDIC”) to the fullest extent permitted legal maximum; such Subsidiaries have paid all premiums and assessments required by law the FDIC and the rules and regulations of the FDICthereunder; and no proceedings proceeding for the termination or revocation of such insurance are is pending or, to the best knowledge of the Company’s knowledge, threatened.

Appears in 1 contract

Samples: Underwriting Agreement (Home Bancshares Inc)

AutoNDA by SimpleDocs

Deposit Insurance. The deposit accounts of each of the Company’s bank depository-institution subsidiaries are insured up to the applicable limits by the Federal Deposit Insurance Corporation (the “FDIC”) to the fullest extent permitted required by law and the rules and regulations of the FDIC; , and no proceedings proceeding for the revocation or termination of such insurance are is pending or, to the best knowledge of the Company’s knowledge, threatened.

Appears in 1 contract

Samples: Underwriting Agreement (Umb Financial Corp)

Deposit Insurance. The deposit accounts of each the bank subsidiaries of the Company’s bank subsidiaries Company are insured by the Federal Deposit Insurance Corporation (the “FDIC”) to the fullest extent permitted legal maximum; such subsidiaries have paid all premiums and assessments required by law the FDIC and the rules and regulations of the FDICthereunder; and no proceedings proceeding for the termination or revocation of such insurance are is pending or, to the best knowledge of the Company’s knowledge, threatened. Any certificate signed by an officer of the Company and delivered to the Representative or to counsel for the Underwriters shall be deemed to be a representation and warranty by the Company to each Underwriter as to the matters set forth therein.

Appears in 1 contract

Samples: Underwriting Agreement (First Financial Bancorp /Oh/)

Deposit Insurance. The Any deposit accounts of each issued by the insured depositary subsidiary of the Company’s bank subsidiaries Company are insured by the Federal Deposit Insurance Corporation (the “FDIC”) FDIC up to the fullest extent permitted legal maximum, each such subsidiary has paid all premiums and assessments required by law the FDIC and the rules and regulations of the FDIC; thereunder and no proceedings proceeding for the termination or revocation of such insurance are pending oris pending, or to the best knowledge of the Company’s knowledge, threatened.

Appears in 1 contract

Samples: Underwriting Agreement (ConnectOne Bancorp, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.