Common use of Federal Deposit Insurance Clause in Contracts

Federal Deposit Insurance. (a) The deposits held by the Bank are insured within statutory limits by the Bank Insurance Fund of the FDIC pursuant to the provisions of the Federal Deposit Insurance Act, as amended (12 U.S.C. ss. 1811 et seq.), and the Bank has paid all assessments and filed all related reports and statements required under the Federal Deposit Insurance Act.

Appears in 3 contracts

Samples: Agreement of Merger (Zions Bancorporation /Ut/), Agreement and Plan of Reorganization (Zions Bancorporation /Ut/), Employment Agreement (Zions Bancorporation /Ut/)

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Federal Deposit Insurance. (a) The deposits held by the Bank Subsidiary Institutions are insured within statutory limits by the Bank Insurance Fund of the FDIC pursuant to the provisions of the Federal Deposit Insurance Act, as amended (12 U.S.C. ss. 1811 et seq.), and the Bank each Subsidiary Institution has paid all assessments and filed all related reports and statements required under the Federal Deposit Insurance Act (or, in the case of Centennial for periods ended before August 9, 1989, under title IV of the National Housing Act).

Appears in 1 contract

Samples: Stock Option Agreement (Zions Bancorporation /Ut/)

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Federal Deposit Insurance. (a) The deposits held by the CNB Bank are insured within statutory limits by the Bank Insurance Fund of the FDIC pursuant to the provisions of the Federal Deposit Insurance Act, as amended (12 U.S.C. ssU.S.C.ss. 1811 et seq.), and the Bank has paid CNB Banx xxx xxid all regular premiums and special assessments and filed all related reports and statements required under the Federal Deposit Insurance Act.

Appears in 1 contract

Samples: Agreement and Plan of Merger (NBT Bancorp Inc)

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