Common use of Deposit Liabilities Clause in Contracts

Deposit Liabilities. No selection procedures believed to be adverse to Buyer have been utilized by Seller in selecting the Deposit Liabilities. The Deposit Liabilities are insured by the FDIC to the fullest extent permitted by federal law and no action is pending or has been threatened by the FDIC against Seller with respect to the termination of such insurance. To Seller's knowledge, the Deposit Liabilities (i) are in all respects genuine and enforceable obligations of Seller and have been acquired and maintained in full compliance with all applicable laws, including (but not limited to) the Truth in Savings Act and regulations promulgated thereunder; (ii) were acquired in the ordinary course of Seller's business; and (iii) are not subject to any claims with respect to such Deposit Liabilities that are superior to the rights of persons shown on the records delivered to Buyer indicating the owners of the Deposit Liabilities other than claims against such owners of the Deposit Liabilities, such as state and federal tax liens, garnishments and other judgment claims, which have matured or may mature into claims against the respective Deposit Liabilities.

Deposit Liabilities. No selection procedures believed to be adverse to Buyer have been utilized by The deposit liabilities of Seller in selecting the Deposit Liabilities. The Deposit Liabilities are insured by the FDIC to the fullest extent permitted by under federal law law, and no action is pending or or, to the knowledge of Seller, has been threatened by the FDIC against Seller with respect to the termination or revocation of such insurance. To Seller's knowledge, the Deposit Liabilities Seller is classified 1-A for purposes of calculating FDIC insurance premiums. The deposit liabilities of Seller (ia) are in all respects genuine and enforceable obligations of Seller and have been acquired and maintained in full material compliance with all applicable laws, including (but not limited to) including, without limitation, the Truth in Savings Act and regulations promulgated thereunder; (iib) were acquired in the ordinary course of Seller's business; and (iiic) to the knowledge of Seller, are not subject to any claims with respect to such Deposit Liabilities that are superior to the rights of persons the Persons shown on the records delivered (or to Buyer be delivered) to Purchaser indicating the owners of the Deposit Liabilities deposit liabilities, other than claims against such owners of the Deposit Liabilitiesdeposit owners, such as state and federal tax liens, garnishments garnishments, and other judgment claims, which have matured or may mature into claims against the respective Deposit Liabilitiesdeposits.

Deposit Liabilities. No selection procedures believed to be adverse to Buyer Purchaser have been utilized by Seller Sellers in selecting the Deposit Liabilities. The Deposit Liabilities are insured by the FDIC to the fullest extent permitted by federal law and no action is pending or has been threatened by the FDIC against Seller Sellers with respect to the termination of such insurance. Sellers are classified 1-A for purposes of calculating FDIC Insurance premiums. To Seller's Sellers' knowledge, the Deposit Liabilities (i) are in all respects genuine and enforceable obligations of Seller Sellers and have been acquired and maintained in full compliance with all applicable lawsLaws, including (but not limited to) the Truth in Savings Act and regulations promulgated thereunder; (ii) were acquired in the ordinary course of Seller's Sellers' business; and (iii) are not subject to any claims with respect to such Deposit Liabilities that are superior to the rights of persons shown on the records delivered to Buyer Purchaser indicating the owners of the Deposit Liabilities other than claims against such owners of the Deposit LiabilitiesLiabilities owners, such as state and federal tax liens, garnishments garnishments, and other judgment claims, which have matured or may mature into claims against the respective Deposit Liabilities.

Deposit Liabilities. No selection procedures believed to be adverse to Buyer have been utilized by The deposit liabilities of Seller in selecting the Deposit Liabilities. The Deposit Liabilities are insured by the FDIC to the fullest extent permitted by under federal law law, and no action is pending or or, to the knowledge of Seller, has been threatened by the FDIC against Seller with respect to the termination or revocation of such insurance. To Seller's knowledge, the Deposit Liabilities Seller is classified 1-A for purposes of calculating FDIC insurance premiums. The deposit liabilities of Seller (ia) are in all respects genuine and enforceable obligations of Seller and have been acquired and maintained in full material compliance with all applicable laws, including (but not limited to) including, without limitation, the Truth in Savings Act and regulations promulgated thereunder; (iib) were acquired in the ordinary course of Seller's ’s business; and (iiic) to the knowledge of Seller, are not subject to any claims with respect to such Deposit Liabilities that are superior to the rights of persons the Persons shown on the records delivered (or to Buyer be delivered) to Purchaser indicating the owners of the Deposit Liabilities deposit liabilities, other than claims against such owners of the Deposit Liabilitiesdeposit owners, such as state and federal tax liens, garnishments garnishments, and other judgment claims, which have matured or may mature into claims against the respective Deposit Liabilitiesdeposits.

Deposit Liabilities. No selection procedures believed to be adverse to Buyer Peoples have been utilized by Seller Advantage in selecting the Deposit Liabilities. The Deposit Liabilities are insured by the FDIC to the fullest extent permitted by federal law and no action is pending or has been threatened by the FDIC against Seller Advantage with respect to the termination of such insurance. To SellerAdvantage's knowledge, the Deposit Liabilities (i) are in all respects genuine and enforceable obligations of Seller Advantage and have been acquired and maintained in full compliance with all applicable laws, including (but not limited to) the Truth in Savings Act and regulations promulgated thereunder; (ii) were acquired in the ordinary course of SellerAdvantage's business; and (iii) are not subject to any claims with respect to such Deposit Liabilities that are superior to the rights of persons shown on the records delivered to Buyer Peoples indicating the owners of the Deposit Liabilities other than claims against such owners of the Deposit Liabilities, such as state and federal tax liens, garnishments garnishments, and other judgment claims, which have matured or may mature into claims against the respective Deposit Liabilities.

Deposit Liabilities. No selection procedures believed to be adverse to Buyer have Purchaser has been utilized by Seller in selecting the Deposit Liabilities. The Deposit Liabilities are insured by the FDIC Federal Deposit Insurance Corporation ("FDIC") to the fullest extent permitted by federal law and no action is pending or has been threatened by the FDIC against Seller with respect to the termination of such insurance. To SellerFidelity Bank's knowledge, the Deposit Liabilities (i) are in all respects genuine and enforceable obligations of Seller Fidelity Bank and have been acquired and maintained in full compliance with all applicable lawsLaws, including (but not limited to) to the Truth in Savings Act and regulations promulgated thereunder; (ii) were acquired in the ordinary course of SellerFidelity Bank's business; and (iii) are not subject to any claims with respect to such Deposit Liabilities that are superior to the rights of persons shown on the records delivered to Buyer Purchaser indicating the owners of the Deposit Liabilities Liabilities, other than claims against such owners of the Deposit LiabilitiesLiabilities owners, such as state and federal tax liens, garnishments garnishments, and other judgment claims, which have matured or may mature into claims against the respective Deposit Liabilities.

Deposit Liabilities. No selection procedures believed to be adverse to Buyer have been utilized by Seller in selecting the Deposit Liabilities. The Deposit Liabilities are insured by the FDIC to the fullest extent permitted by federal law and no action is pending or has been threatened by the FDIC against Seller with respect to the termination of such insurance. To Seller's knowledge, the Deposit Liabilities (i) are in all respects genuine and enforceable obligations of Seller and have been acquired and maintained in full compliance with all applicable laws, including (but not limited to) the Truth in Savings Act and regulations promulgated thereunder; (ii) were acquired in the ordinary course of Seller's business; and (iii) are not subject to any claims with respect to such Deposit Liabilities that are superior to the rights of persons shown on the records delivered to Buyer indicating the owners of the Deposit Liabilities other than claims against such owners of the Deposit Liabilities, such as state and federal tax liens, garnishments garnishments, and other judgment claims, which have matured or may mature into claims against the respective Deposit Liabilities.