FDIC Insurance. The deposits of each Financial Institution Subsidiary that is an “insured depository institution” (within the meaning of § 12 U. S. C. 1831(c)) are insured by the FDIC and no act has occurred that would adversely affect the status of such Financial Institution Subsidiary as an FDIC insured bank.
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Samples: Credit Agreement (Hancock Holding Co), Loan Agreement (Smartfinancial Inc.), Loan Agreement (Southern First Bancshares Inc)
FDIC Insurance. The deposits of each Financial Institution Subsidiary that is an “insured depository institution” (within the meaning of § 12 U. S. C. 1831(c)) are insured by the FDIC Federal Deposit Insurance Corporation (“FDIC”) and no act has occurred that would adversely affect the status of such Financial Institution Subsidiary as an FDIC insured bank.
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Samples: Credit Agreement (National Consumer Cooperative Bank /Dc/)
FDIC Insurance. The deposits of held by each Financial Institution Subsidiary that is an “insured depository institution” (within the meaning of § 12 U. S. C. 1831(cU.S.C. 1813(c)(2)) and the deposits held by each Financial Subsidiary are insured by the FDIC and no in the maximum amount available for such deposits. No act has occurred that would adversely affect the status of such Financial Institution Subsidiary as an FDIC insured bank.
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FDIC Insurance. The deposits of each Financial Institution Subsidiary that is an a “insured depository institution” (within the meaning of § 12 U. S. C. U.S.C. 1831(c)) are insured by the FDIC and no act has occurred that would adversely affect the status of such Financial Institution Subsidiary as an FDIC insured bank.
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FDIC Insurance. The deposits of each Financial Institution Subsidiary that is an “"insured depository institution” " (within the meaning of § 12 U. S. C. U.S.C. 1831(c)) are insured by the FDIC and no act has occurred that would adversely affect the status of such Financial Institution Subsidiary as an FDIC insured bank.
Appears in 1 contract
Samples: Loan Agreement (Smartfinancial Inc.)