Common use of Deposit Insurance Clause in Contracts

Deposit Insurance. The Principal acknowledges that the Bank has obtained deposit insurance coverage in accordance with Regulations governing Deposits and Insurance. Any transactions between the Principal and the Bank that are defined as deposits in the regulation are subject to insurance coverage of Central Deposit Insurance Corporation.

Appears in 10 contracts

Samples: General Agreement for Account Opening, General Agreement for Account Opening, General Agreement for Account Opening

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Deposit Insurance. The Principal acknowledges that the Bank has obtained deposit insurance coverage in accordance with Regulations governing Deposits Dep osits and Insurance. Any transactions between the Principal and the Bank that are defined as deposits in the regulation are subject to insurance coverage of Central Deposit Insurance Corporation.. Article 22 (Merger and acquisition)

Appears in 1 contract

Samples: General Agreement for Account Opening

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