Common use of FDIC Clause in Contracts

FDIC. The deposit accounts of the Bank are insured by the FDIC up to the legal 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 Company, threatened.

Appears in 1 contract

Sources: Underwriting Agreement (Enterprise Financial Services Corp)

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

Appears in 1 contract

Sources: At Market Issuance Agreement (HomeStreet, Inc.)

FDIC. The deposit accounts of the Bank Banks are insured by the FDIC up to the legal maximum, 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 CompanyBanks, threatened.

Appears in 1 contract

Sources: Underwriting Agreement (First Busey Corp /Nv/)

FDIC. The deposit accounts of the Bank are insured by the FDIC up to the legal maximum, the Bank has paid all premiums and assessments required by the FDIC and the regulations thereunderthereunder when due (after giving effect to any applicable extensions), and no proceeding for the modification, termination or revocation of such insurance is pending or, to the knowledge of the Company, threatened.

Appears in 1 contract

Sources: Equity Distribution Agreement (Colony Bankcorp Inc)

FDIC. The deposit accounts of the Bank Banks are insured by the FDIC up to the legal maximum, 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

Sources: Underwriting Agreement (First Busey Corp /Nv/)