Assumed Deposit Liabilities. The Deposit Liabilities are insured by the FDIC through the Bank Insurance Fund or the Savings Association Insurance Fund to the extent permitted by law, and all premiums and assessments required to be paid in connection therewith have been paid when due by Sellers.
Appears in 3 contracts
Samples: Purchase and Assumption Agreement (Independent Bank Corp), Purchase and Assumption Agreement (Sovereign Bancorp Inc), Purchase and Assumption Agreement (Sovereign Bancorp Inc)
Assumed Deposit Liabilities. The Deposit Liabilities are insured by the FDIC through the Bank Insurance Fund or the Savings Association Insurance Fund to the extent permitted by law, and all premiums and assessments required to be paid in connection therewith have been paid when due by SellersSeller.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (First International Bancorp Inc)
Assumed Deposit Liabilities. The Deposit Liabilities Deposits are insured by the FDIC through the Bank Insurance Fund or the Savings Association Insurance Fund to the extent permitted by law, and all premiums and assessments required to be paid in connection therewith have been paid when due by SellersSeller.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Pacific State Bancorp)
Assumed Deposit Liabilities. The Deposit Liabilities are insured by the FDIC through the Bank Insurance Fund or the Savings Association Insurance Fund to the extent permitted by law, and all premiums and assessments required to be paid in connection therewith have been paid when due by SellersSeller.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Enterprise Bancorp Inc /Ma/)
Assumed Deposit Liabilities. The Deposit Liabilities are insured by the FDIC through the Bank Insurance Fund or the Savings Association Insurance Fund to the extent permitted by law, and all premiums and assessments required to be paid in connection therewith with them have been paid when due by SellersSeller.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Capital Corp of the West)
