Common use of FDIC Insurance Clause in Contracts

FDIC Insurance. The deposits of each Subsidiary Bank of the Borrower are insured by the FDIC and no act has occurred which would adversely affect the status of such Subsidiary Bank as an FDIC insured bank.

Appears in 8 contracts

Samples: Credit Agreement (First Mid Illinois Bancshares Inc), Credit Agreement (First Mid Illinois Bancshares Inc), Revolving Credit Agreement (Boston Private Financial Holdings Inc)

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FDIC Insurance. The deposits of each Subsidiary Bank of the Borrower are insured by the FDIC and no act has occurred which would adversely affect the status of such Subsidiary Bank as an FDIC insured bank.

Appears in 6 contracts

Samples: Revolving Credit Agreement (Cobiz Financial Inc), Revolving Credit Agreement (First Community Bancorp /Ca/), Revolving Credit Agreement (First Community Bancorp /Ca/)

FDIC Insurance. The deposits of each Subsidiary Bank of the Borrower are insured by the FDIC and no act has occurred which that would adversely affect the status of such Subsidiary Bank the Borrower as an FDIC insured bank.

Appears in 3 contracts

Samples: Subordinated Term Loan Agreement (United Community Banks Inc), Subordinated Term Loan Agreement (Crescent Financial Corp), Subordinated Term Loan Agreement (Privatebancorp, Inc)

FDIC Insurance. The deposits of each Subsidiary Bank of the Borrower are insured by the FDIC to the extent permitted by applicable law and no act has occurred which would adversely affect the status of such Subsidiary Bank as an FDIC insured bank.

Appears in 3 contracts

Samples: Credit Agreement (Heartland Financial Usa Inc), Credit Agreement (Heartland Financial Usa Inc), Credit Agreement (Heartland Financial Usa Inc)

FDIC Insurance. The deposits of each Subsidiary Bank of the Borrower are insured by the FDIC to the fullest extent permitted by law and no act has occurred which would adversely affect the status of such Subsidiary Bank as an FDIC insured bank.

Appears in 1 contract

Samples: Revolving Credit Agreement (Boston Private Financial Holdings Inc)

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FDIC Insurance. The deposits of each Bank Subsidiary Bank of the Borrower are insured by the FDIC to the extent permitted by Applicable Law and no act has occurred which would adversely affect the status of such any Bank Subsidiary Bank as an FDIC insured bank.

Appears in 1 contract

Samples: Revolving Credit Agreement (Landmark Bancorp Inc)

FDIC Insurance. The deposits of each Bank Subsidiary Bank of the Borrower Company are insured by the FDIC FDIC, and no event, act or omission has occurred which would adversely affect the status of such any Bank Subsidiary Bank as an FDIC insured bank.

Appears in 1 contract

Samples: Credit Agreement (United Community Banks Inc)

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