Deposit Insurance and Other Regulatory Matters. The deposit accounts of Acquiror Sub, are insured by the FDIC to the maximum extent permitted by the FDIA, and Acquiror Sub has paid all premiums and assessments required by the FDIA and the regulations thereunder. No action, suit or proceedings is pending or, to the Knowledge of Acquiror, has been threatened by the FDIC against Acquiror or the Acquiror Sub with respect to the termination of such insurance.
Appears in 4 contracts
Samples: Merger Agreement (Peoples Holding Co), Merger Agreement (Renasant Corp), Merger Agreement (Capital Bancorp Inc)
Deposit Insurance and Other Regulatory Matters. The deposit accounts of Acquiror Sub, Sub are insured by the FDIC to the maximum extent permitted by the FDIA, and Acquiror Sub has paid all premiums and assessments required by the FDIA and the regulations thereunder. No action, suit or proceedings proceeding is pending or, to the Knowledge of Acquiror, has been threatened by the FDIC against Acquiror or the Acquiror Sub with respect to the termination of such insurance.
Appears in 2 contracts
Samples: Merger Agreement (Renasant Corp), Merger Agreement (First M&f Corp/MS)
Deposit Insurance and Other Regulatory Matters. The deposit accounts of Acquiror Sub, Seller Sub are insured by the FDIC to the maximum extent permitted by the Federal Deposit Insurance Act, as amended (the βFDIAβ), and Acquiror Seller Sub has paid when due all premiums and assessments required by the FDIA and the regulations thereunder. No action, suit or proceedings proceeding is pending or, to the Knowledge of AcquirorSeller, has been threatened by the FDIC against Acquiror Seller or the Acquiror Seller Sub with respect to the termination of such insurance.
Appears in 2 contracts
Samples: Merger Agreement (Renasant Corp), Merger Agreement (First M&f Corp/MS)
