Insured Depository Institution. If a party hereto is an “insured depository institution” as such term is defined in the Federal Deposit Insurance Act (as amended, the “FDIA”), then each Transaction hereunder is a “qualified financial contract” as that term is defined in the FDIA and any rules, orders or policy statements thereunder except insofar as the type of assets subject to such Transaction would render such definition inapplicable.
Insured Depository Institution. ‘‘In- sured depository institution’’ has the same meaning as in section 3 of the Federal Deposit Insurance Act (12 U.S.C. 1813).
Insured Depository Institution. The Bank is an insured depository institution under the provisions of the Federal Deposit Insurance Act and the deposit accounts of the Bank are insured up to the applicable limits by the FDIC and no proceedings for the termination or revocation of such insurance are pending or, to the knowledge of the Bank, threatened.
Insured Depository Institution. For purposes of this section, the term ‘‘insured depository institution’’ has the same meaning as in section 1813 of this title.
Insured Depository Institution. The Bank is an insured depository institution under the provisions of the Federal Deposit Insurance Act, and the deposit accounts of the Bank are insured by the FDIC 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.
Insured Depository Institution. “Insured Depository Institution” shall have the meaning provided in section 3 of the Federal Deposit Insurance Act, the pertinent provisions of which are codified at 12 U.S.C. 1813(c)(1).
