FDIC Requirements Sample Clauses

FDIC Requirements. If it is a bank subject to the requirements of 12 U.S.C. § 1823(e), its execution, delivery and performance of this Agreement (including the Credit Support Annex and each Confirmation) have been approved by its board of directors or its loan committee, such approval is reflected in the minutes of said board of directors or loan committee, and this Agreement (including the Credit Support Annex and each Confirmation) will be maintained as one of its official records continuously from the time of its execution (or in the case of any Confirmation, continuously until such time as the relevant Transaction matures and the obligations therefor are satisfied in full).
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FDIC Requirements. If it is a bank subject to the requirements of 12 U.S.C. § 1823(e), the necessary action to authorize referred to in the representation in Section 3(a)(ii) includes all authorizations required under the Federal Deposit Insurance Act as amended, including amendments effected by the Financial Institutions Reform, Recovery and Enforcement Act of 1989, and under any agreement, writ, decree, or order entered into with such party’s supervisory authorities. At all times during the term of this Agreement, such party will continuously include and maintain as part of its official written books and records this Agreement, this Schedule and all other exhibits, supplements, and attachments hereto and documents incorporated by reference herein, all Confirmations, and evidence of all necessary authorizations.
FDIC Requirements. At all times during the term of this Agreement, such party will continuously include and maintain as part of its official written books and records this Agreement, this Schedule and all other exhibits, supplements, and attachments hereto and documents incorporated by reference herein, all Confirmations, and evidence of all necessary authorizations.
FDIC Requirements. Party A represents that it is a bank subject to the requirements of 12 U.S.C. § 1823(e), its execution, delivery and performance of this Agreement (including the Credit Support Annex and each Confirmation) have been approved by its board of directors or its loan committee, such approval is reflected in the minutes of said board of directors or loan committee, and this Agreement (including the Credit Support Annex and each Confirmation) will be maintained as one of its official records continuously from the time of its execution (or in the case of any Confirmation, continuously until such time as the relevant Transaction matures and the obligations therefor are satisfied in full).
FDIC Requirements. If it is a bank subject to the requirements of 12 U.S.C. § 1823(e), its execution, delivery and performance of this Agreement (including the Credit Support Annex and each Confirmation) comply with the criteria specified for a “Qualified Financial Contract” under the heading “Written Agreement Requirements” in that certain FDIC Statement of Policy on Qualified Financial Contracts dated August 31, 1998.
FDIC Requirements. Notwithstanding any other provisions contained in this Lease, in the event (a) Lessee or its successors or assignees shall become insolvent or bankrupt, or if it or their interests under this Lease shall be levied on or sold under execution or by other legal process, or (b) the depository supervisory authority ("Authority"), Lessor may, in either such event, terminate this Lease only with the concurrence of any Receiver or Liquidator appointed by such authority; provided, that in the event this Lease is terminated by the Receiver or Liquidator, the maximum claim of Lessor for rent, damages, or indemnity for injury resulting from the termination, rejection, or abandonment of the unexpired Lease shall by law in no event be in an amount equal to all accrued and unpaid rent to the date of termination.
FDIC Requirements. WB represents that it is a bank subject to the requirements of 12 U.S.C. § 1823(e), its execution, delivery and performance of this Agreement (including the Credit Support Annex and each Confirmation) have been approved by its board of directors or its loan committee, such approval is reflected in the minutes of said board of directors or loan committee, and this Agreement (including the Credit Support Annex and each Confirmation) will be maintained as one of its official records continuously from the time of its execution (or in the case of any Confirmation, continuously until such time as the relevant Transaction matures and the obligations therefore are satisfied in full).
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FDIC Requirements. Notwithstanding any other provisions contained within this Lease, in the event (a) Lessor or its successors or assignees shall become insolvent or bankrupt, or if it or their interests under this Lease shall be levied upon or sold under execution or other legal process, or (b) the depository institution then operating on the Premises is closed, or is taken over by any depository institution supervisory authority ("Authority"), Lessor may, in either such event, terminate this Lease only with the concurrence of any Receiver or Liquidator appointed by such Authority; provided, that in the event this Lease is terminated by the Receiver or Liquidator, the maximum claim of Lessor for rent, damages, or indemnity for injury resulting from the termination, rejection, or abandonment of the unexpired Lease shall in no event be in an amount greater than all accrued and unpaid rent to the date of termination.
FDIC Requirements. Notwithstanding any other provisions contained in this Lease, in the event (a) Tenant or its successors or assigns shall become insolvent or bankrupt, or if it or their interests under this Lease shall be levied upon or sold under execution or other legal process, or (b) the depository institution then operating on the Premises is closed or is taken over by any depository institution governmental supervisory authority (an "Authority"), Landlord may, in either such event, terminate this Lease only with the concurrence of the receiver or liquidator appointed by such Authority; provided, in the event this Lease is terminated by the receiver or liquidator, the maximum claim of Landlord for rent, damages or indemnity for injury resulting from the termination, rejection or abandonment of the unexpired Lease Term by law in no event shall be in an amount equal to all accrued and unpaid rent through the date of termination. THIS LEASE is executed by the undersigned as of the day and year set forth on Page of this Lease. LANDLORD: THE TRUSTEES UNDER THE WILL AND OF THE ESTATE OF JAMES CAMPBELL, DECEASED, xxxxxx xx xxxxr fiduciary and not in their individual capacities By /s/ Roy S. Robins ---------------------------------------------- Roy S. Robins, Director of Mxxxxxxx Xxxxxrties By /s/ Douglas C. Morris ---------------------------------------------- Douglas C. Morris, Senior Asxxx Xxxxxxx XXXXNT: PACIFICA JOINT VENTURE, a joint venture formed under the laws of the state of Washington for the purpose of organizing Pacifica Bank By /s/ Jeffrey C. Low ---------------------------------------------- Jeffrey C. Low, General Partxxx XXXXXXXXXX XXX-XXXXXXX XXXXXXXXXXXXXX XXXXX XX XXXXXXXXXX ) Xxxxxx xx Xxx Xxxxcisco ) On this 8th day of April 1998, before me, Angela L. Cleland, Notary Puxxxx, xxxxxxxxxx appeared Douglas C. Morris and Roy Roxxxx, xxxxxxxxxx known xx xx xx be the person(s) whose name is subscribed to the within instrument and acknowledged to me that they executed the same in their authorized capacities, and that by their signatures on the instrument the persons or the entity upon behalf of which the persons acted, executed the instrument. WITNESS my hand and official seal.
FDIC Requirements. (i) The resolutions of the Board of Directors of the Transferor approving this Agreement and all documents related hereto are reflected in the minutes of the Board of Directors, (ii) this Agreement, the other Transaction Documents and all documents related hereto and thereto are and have continuously been official records of the Transferor and (iii) the Transferor is a member of the FDIC.
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