Good Standing and Power of SELLER Sample Clauses

Good Standing and Power of SELLER. SELLER is a banking association validly existing under the laws of the United States with corporate power to own its properties and to carry on its business as presently conducted. SELLER is an "insured bank" as defined in the Federal Deposit Insurance Act.
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Good Standing and Power of SELLER. SELLER is an Ohio-chartered nonmember bank duly organized, validly existing, and in good standing under the laws of the State of Ohio with corporate power to enter into and perform this Agreement, own its properties, and to carry on its business as presently conducted and the deposits of which are insured by the Federal Deposit Insurance Corporation (the “FDIC”).
Good Standing and Power of SELLER. Seller is a state banking corporation, duly organized, and validly existing, and in good standing under the laws of the Commonwealth of Kentucky, with corporate power to own its properties and to carry on its business as presently conducted and to consummate the transactions contemplated hereby. The deposits of Seller are insured by the Bank Insurance Fund and the Savings Association Insurance Fund ("SAIF") in accordance with FDIC regulations.
Good Standing and Power of SELLER. Vision Bank is a banking association duly organized, validly existing, and in good standing under the laws of the state of Florida with corporate power to own its properties and to carry on its business as presently conducted. Vision Bank is an insured bank as defined in the Federal Deposit Insurance Act and applicable regulations thereunder. PARK is a corporation duly organized, validly existing and in good standing under the laws of the State of Ohio with corporate power to own its properties and carry on its business as presently conducted.
Good Standing and Power of SELLER. Seller is a corporation, duly organized, validly existing and in good standing under the laws of the jurisdiction of its formation, with full corporate power to own its properties and to carry on its business as currently conducted.
Good Standing and Power of SELLER. SELLER is a corporation duly organized, validly existing, and in good standing under the laws of the Commonwealth of Kentucky and a registered bank holding company under the Bank Holding Company Act of 1956, as amended, with corporate power to own its properties and to carry on its business as presently conducted. Banking subsidiaries of SELLER are insured depository institutions as defined in the Federal Deposit Insurance Act and applicable regulations thereunder.
Good Standing and Power of SELLER. SELLER is a Wisconsin ---------------------------------- banking corporation duly incorporated, validly existing and in good standing under the laws of the State of Wisconsin with corporate power to own its properties and to carry on its business as presently conducted. SELLER is an insured bank as defined in the Federal Deposit Insurance Act and applicable regulations thereunder.
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Good Standing and Power of SELLER. SELLER is a Louisiana banking corporation duly organized, validly existing, and in good standing under the laws of the State of Louisiana with corporate power to own its properties and to carry on its business as presently conducted. SELLER is an insured bank as defined in the Federal Deposit Insurance Act and applicable regulations thereunder.
Good Standing and Power of SELLER. Seller is a savings bank duly organized, validly existing, and in good standing under the laws of the State of Indiana with corporate power to own its properties and to carry on its business as presently conducted. Seller is an insured bank, as defined in the Federal Deposit Insurance Act and applicable regulations thereunder.
Good Standing and Power of SELLER. Seller is an Alabama banking corporation duly organized, validly existing, and in good standing under the laws of the State of Alabama with corporate power to own its properties and to carry on its business as presently conducted. Seller is an insured bank as defined in the Federal Deposit Insurance Act and applicable regulations thereunder.
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