Common use of Deposit Insurance Clause in Contracts

Deposit Insurance. The deposits of Company Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) to the full extent permitted by Law, and Company Bank has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings for the revocation or termination of such deposit insurance are pending or, to Company’s and Company Bank’s Knowledge, threatened.

Appears in 6 contracts

Samples: Merger Agreement (C1 Financial, Inc.), Merger Agreement (Bank of the Ozarks Inc), Merger Agreement (Bank of the Ozarks Inc)

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Deposit Insurance. The deposits of Company Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) to the full extent permitted by Lawlaw, and Company Bank has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings for the revocation or termination of such deposit insurance are pending or, to the Knowledge of Company’s and Company Bank’s Knowledge, threatened.

Appears in 6 contracts

Samples: Merger Agreement (Peoples Federal Bancshares, Inc.), Merger Agreement (Independent Bank Corp), Merger Agreement (Independent Bank Corp)

Deposit Insurance. The deposits of Company Buyer Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) FDIA to the full fullest extent permitted by Lawlaw, and Company Buyer Bank has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings for the revocation or termination of such deposit insurance are pending or, to Company’s and Company Bank’s Knowledgethe Knowledge of Buyer, threatened.

Appears in 5 contracts

Samples: Merger Agreement (Orrstown Financial Services Inc), Merger Agreement (Orrstown Financial Services Inc), Merger Agreement (Brookline Bancorp Inc)

Deposit Insurance. The deposits of the Company Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) to the full fullest extent permitted by Lawlaw, and the Company Bank has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings for the revocation or termination of such deposit insurance are pending or, to the Knowledge of the Company’s and Company Bank’s Knowledge, threatened.

Appears in 5 contracts

Samples: Merger Agreement (Brookline Bancorp Inc), Merger Agreement (PCSB Financial Corp), Merger Agreement (Coastway Bancorp, Inc.)

Deposit Insurance. The deposits of the Company Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) to the full fullest extent permitted by Lawlaw, and Company Bank each Subsidiary has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings for the revocation or termination of such deposit insurance are pending or, to the Knowledge of the Company’s and Company Bank’s Knowledge, threatened.

Appears in 4 contracts

Samples: Merger Agreement (Randolph Bancorp, Inc.), Merger Agreement (Camden National Corp), Merger Agreement (NBT Bancorp Inc)

Deposit Insurance. The deposits of the Company Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) to the full fullest extent permitted by Lawlaw, and Company Bank each Subsidiary has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings for the revocation or termination of such deposit insurance are pending or, to the knowledge of the Company’s and Company Bank’s Knowledge, threatened.

Appears in 4 contracts

Samples: Merger Agreement (Northeast Bancorp /Me/), Merger Agreement (Merrill Merchants Bancshares Inc), Merger Agreement (Union Bankshares Co/Me)

Deposit Insurance. The deposits of Company the Buyer Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) FDIA to the full fullest extent permitted by Lawlaw, and Company each Buyer Bank has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings for the revocation or termination of such deposit insurance are pending or, to Company’s and Company Bank’s Knowledgethe Knowledge of Buyer, threatened.

Appears in 4 contracts

Samples: Merger Agreement (DCB Financial Corp), Merger Agreement (First Commonwealth Financial Corp /Pa/), Merger Agreement (NBT Bancorp Inc)

Deposit Insurance. The deposits of Company the Buyer Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) FDIA to the full fullest extent permitted by Lawlaw, and Company Buyer Bank has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings for the revocation or termination of such deposit insurance are pending or, to Company’s and Company Bank’s Knowledgethe knowledge of Buyer, threatened.

Appears in 2 contracts

Samples: Merger Agreement (Danvers Bancorp, Inc.), Merger Agreement (Beverly National Corp)

Deposit Insurance. The deposits of Company Bank the Buyer Banks are insured by the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) FDIA to the full fullest extent permitted by Lawlaw, and Company each Buyer Bank has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings for the revocation or termination of such deposit insurance are pending or, to Company’s and Company Bank’s Knowledgethe Knowledge of Buyer, threatened.

Appears in 2 contracts

Samples: Merger Agreement (Brookline Bancorp Inc), Merger Agreement (Bancorp Rhode Island Inc)

Deposit Insurance. The deposits of the Company Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act (the “FDIA”) to the full fullest extent permitted by Lawlaw, and Company Bank each Subsidiary has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings for the revocation or termination of such deposit insurance are pending or, to the Knowledge of the Company’s and Company Bank’s Knowledge, threatened.

Appears in 2 contracts

Samples: Merger Agreement (Orrstown Financial Services Inc), Merger Agreement (Orrstown Financial Services Inc)

Deposit Insurance. The deposits of the Company Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) FDIA to the full fullest extent permitted by Lawlaw, and Company Bank each Subsidiary has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings for the revocation or termination of such deposit insurance are pending or, to the Knowledge of the Company’s and Company Bank’s Knowledge, threatened.

Appears in 2 contracts

Samples: Merger Agreement (First Commonwealth Financial Corp /Pa/), Merger Agreement (DCB Financial Corp)

Deposit Insurance. The deposits of Company the Buyer Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) FDIA to the full fullest extent permitted by Lawlaw, and Company the Buyer Bank has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings for the revocation or termination of such deposit insurance are pending or, to Company’s and Company Bank’s Knowledgethe knowledge of buyer, threatened.

Appears in 2 contracts

Samples: Merger Agreement (Camden National Corp), Merger Agreement (Union Bankshares Co/Me)

Deposit Insurance. The deposits of the Company Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act ("FDIA") to the full fullest extent permitted by Lawlaw, and Company Bank each Subsidiary has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings for the revocation or termination of such deposit insurance are pending or, to the Knowledge of the Company’s and Company Bank’s Knowledge, threatened.

Appears in 2 contracts

Samples: Merger Agreement (Brookline Bancorp Inc), Merger Agreement (Bancorp Rhode Island Inc)

Deposit Insurance. The deposits of Company Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) to the full fullest extent permitted by Law, and Company Bank has paid all premiums and assessments and filed all reports required by the FDIAFDIA when due. No proceedings for the revocation or termination of such deposit insurance are pending or, to Company’s and Company Bank’s Knowledge, threatened.

Appears in 2 contracts

Samples: Merger Agreement (Seacoast Banking Corp of Florida), Merger Agreement (Sunshine Bancorp, Inc.)

Deposit Insurance. The deposits of Company Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) to the full fullest extent permitted by Lawlaw, and Company Bank has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings for the revocation or termination of such deposit insurance are pending or, to the Knowledge of the Company’s and Company Bank’s Knowledge, threatened.

Appears in 1 contract

Samples: Merger Agreement (Camden National Corp)

Deposit Insurance. The deposits of Company Bank are insured by the Deposit Insurance Fund of the FDIC in accordance with the Federal Deposit Insurance Act ("FDIA") to the full fullest extent permitted by Law, and Company Bank has paid all premiums and assessments and filed all reports required by the FDIAFDIA when due. No proceedings for the revocation suspension, revocation, or termination of such deposit insurance are pending or, to Company’s and Company Bank’s 's Knowledge, threatened.

Appears in 1 contract

Samples: Merger Agreement (Trinity Capital Corp)

Deposit Insurance. The deposits of Company Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act ("FDIA") to the full extent permitted by Lawlaw, and Company Bank each Subsidiary has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings for the revocation or termination of such deposit insurance are pending or, to the Knowledge of Company’s and Company Bank’s Knowledge, threatened.

Appears in 1 contract

Samples: Merger Agreement (Slades Ferry Bancorp)

Deposit Insurance. The deposits of Company Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) to the full fullest extent permitted by Law, and Company Bank has paid all premiums and assessments and filed all reports required by the FDIAFDIA when due accurately and completely. No proceedings for the suspension, revocation or termination of such deposit insurance are pending or, to Company’s and Company Bank’s Knowledge, threatened.

Appears in 1 contract

Samples: Merger Agreement (Meta Financial Group Inc)

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Deposit Insurance. The deposits of the Company Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act (the “FDIA”) to the full fullest extent permitted by Lawlaw, and the Company Bank has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings for the revocation or termination of such deposit insurance are pending or, to the Knowledge of the Company’s and Company Bank’s Knowledge, threatened.

Appears in 1 contract

Samples: Merger Agreement (Brookline Bancorp Inc)

Deposit Insurance. The deposits of Company Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) and the Deposit Insurance Fund of the Depositors Insurance Fund to the full extent permitted by Lawlaw, and Company Bank has paid all premiums and assessments and filed all reports required by the FDIAFDIA and the Deposit Insurance Fund of the Depositors Insurance Fund. No proceedings for the revocation or termination of such deposit insurance are pending or, to the Knowledge of Company’s and Company Bank’s Knowledge, threatened.

Appears in 1 contract

Samples: Merger Agreement (Independent Bank Corp)

Deposit Insurance. The deposits of the Company Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) to the full fullest extent permitted by Lawlaw, and the Company Bank has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings for the revocation or termination of such deposit insurance are pending or, to the knowledge of the Company’s and Company Bank’s Knowledge, threatened.

Appears in 1 contract

Samples: Merger Agreement (Beverly National Corp)

Deposit Insurance. The deposits of Company the Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) FDIA to the full fullest extent permitted by Law, and Company the Bank has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings for the revocation or termination of such deposit insurance are pending or, to the Knowledge of the Company’s and Company Bank’s Knowledge, threatened.

Appears in 1 contract

Samples: Stock Purchase Agreement (First Bancshares Inc /MS/)

Deposit Insurance. The deposits of Company Acquiror Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) to the full extent permitted by Lawlaw, and Company Acquiror Bank has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings for the revocation or termination of such deposit insurance are pending or, to CompanyAcquiror’s and Company Bank’s Knowledgeknowledge, threatened.

Appears in 1 contract

Samples: Merger Agreement (Pinnacle Financial Partners Inc)

Deposit Insurance. The deposits of the Company Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act ("FDIA") to the full fullest extent permitted by Lawlaw, and the Company Bank has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings for the revocation or termination of such deposit insurance are pending or, to the knowledge of the Company’s and Company Bank’s Knowledge, threatened.

Appears in 1 contract

Samples: Merger Agreement (Danvers Bancorp, Inc.)

Deposit Insurance. The deposits of Company Bank are insured by the Deposit Insurance Fund of the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) to the full fullest extent permitted by Law, and Company Bank has paid all premiums and assessments and filed all reports required by the FDIAFDIA when due. No proceedings for the revocation suspension, revocation, or termination of such deposit insurance are pending or, to Company’s and Company Bank’s Knowledge, threatened.

Appears in 1 contract

Samples: Merger Agreement (Enterprise Financial Services Corp)

Deposit Insurance. The deposits of Company Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) to the full extent permitted by Lawlaw, and Company Bank each Subsidiary has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings for the revocation or termination of such deposit insurance are pending or, to the Knowledge of Company’s and Company Bank’s Knowledge, threatened.. A-00

Appears in 1 contract

Samples: Merger Agreement (Independent Bank Corp)

Deposit Insurance. The deposits of Company the Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) to the full fullest extent permitted by Lawapplicable Legal Requirements, and Company the Bank has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings for the revocation or termination of such deposit insurance are pending or, to Company’s and Company Bank’s Knowledgethe Knowledge of Seller, threatened.

Appears in 1 contract

Samples: Stock Purchase Agreement (United Bancshares Inc/Oh)

Deposit Insurance. The deposits of Company the Bank are insured by the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) to the full extent permitted by Law, and Company the Bank has paid all premiums and assessments and filed all reports required by the FDIA. No proceedings for the revocation or termination of such deposit insurance are pending or, to Company’s and Company Bankthe Seller’s Knowledge, threatened.

Appears in 1 contract

Samples: Stock Purchase Agreement (Bear State Financial, Inc.)

Deposit Insurance. The deposits of Company Bank are insured by the Deposit Insurance Fund of the FDIC in accordance with the Federal Deposit Insurance Act (“FDIA”) to the full fullest extent permitted by Law, and Company Bank has paid all premiums and assessments and filed all reports required by the FDIAFDIA when due. No proceedings for the revocation suspension, revocation, or termination of such deposit insurance are pending or, to Company’s and Company Bank’s Knowledge, threatened.

Appears in 1 contract

Samples: Merger Agreement (Enterprise Financial Services Corp)

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