Common use of Bank Supervision Clause in Contracts

Bank Supervision. Without limiting the generality of Section 10.1(k), the appointment of a conservator or receiver for any Material Subsidiary that is an “insured depository institution” as defined in the FDIA (12 U.S.C. § 1813(c)(2)), by any “appropriate Federal banking agency” as defined in the FDIA (12 U.S.C. § 1813(q)), by any state supervisory agency or by the FDIC or any successor thereto pursuant to the FDIA; or the organization of a bridge bank to purchase assets and assume liabilities of such Subsidiary pursuant to the FDIA; or the provision of any form of assistance to any such Subsidiary by the FDIC pursuant to the FDIA or other Governmental Authority.

Appears in 2 contracts

Samples: Credit Agreement (Allegiance Bancshares, Inc.), Credit Agreement (Allegiance Bancshares, Inc.)

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Bank Supervision. Without limiting the generality of Section 10.1(k), the appointment of a conservator or receiver for any Material Subsidiary that is an “insured depository institution” as defined in the FDIA (12 U.S.C. § 1813(c)(2)), by any “appropriate Federal banking agency” as defined in the FDIA (12 U.S.C. § 1813(q)), by any state supervisory agency or by the FDIC or any successor thereto pursuant to the FDIA; or the organization of a bridge bank to purchase assets and assume liabilities of such Subsidiary pursuant to the FDIA; or the provision of any form of assistance to any such Subsidiary by the FDIC pursuant to the FDIA or other Governmental Authority.

Appears in 2 contracts

Samples: Credit Agreement (Bok Financial Corp Et Al), Assignment and Assumption (Bok Financial Corp Et Al)

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Bank Supervision. Without limiting the generality of Section 10.1(k)7.11 above, the appointment of a conservator or receiver for any Material Financial Subsidiary that is an “insured depository institution” as defined in the FDIA (12 U.S.C. § USC 1813(c)(2)), by any “appropriate Federal banking agency” as defined in the FDIA (12 U.S.C. § USC 1813(q)), by any state supervisory agency or by the FDIC or any successor thereto pursuant to the FDIA; or the organization of a new bank to assume the insured deposits of such Financial Subsidiary pursuant to the FDIA; or the organization of a bridge bank to purchase assets and assume liabilities of such Financial Subsidiary pursuant to the FDIA; or the provision of any form of assistance to any such Financial Subsidiary by the FDIC pursuant to the FDIA or other Governmental AuthorityFDIA.

Appears in 1 contract

Samples: Credit Agreement (Texas Capital Bancshares Inc/Tx)

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