FDIC Requirements Sample Clauses

FDIC Requirements. If it is a bank subject to the requirements of 12 U.S.C. § 1823(e), its execution, delivery and performance of this Agreement (including the Credit Support Annex and each Confirmation) have been approved by its board of directors or its loan committee, such approval is reflected in the minutes of said board of directors or loan committee, and this Agreement (including the Credit Support Annex and each Confirmation) will be maintained as one of its official records continuously from the time of its execution (or in the case of any Confirmation, continuously until such time as the relevant Transaction matures and the obligations therefor are satisfied in full).
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FDIC Requirements. If it is a bank subject to the requirements of 12 U.S.C. § 1823(e), the necessary action to authorize referred to in the representation in Section 3(a)(ii) includes all authorizations required under the Federal Deposit Insurance Act as amended, including amendments effected by the Financial Institutions Reform, Recovery and Enforcement Act of 1989, and under any agreement, writ, decree, or order entered into with such party’s supervisory authorities. At all times during the term of this Agreement, such party will continuously include and maintain as part of its official written books and records this Agreement, this Schedule and all other exhibits, supplements, and attachments hereto and documents incorporated by reference herein, all Confirmations, and evidence of all necessary authorizations.
FDIC Requirements. At all times during the term of this Agreement, such party will continuously include and maintain as part of its official written books and records this Agreement, this Schedule and all other exhibits, supplements, and attachments hereto and documents incorporated by reference herein, all Confirmations, and evidence of all necessary authorizations.
FDIC Requirements. If it is a bank subject to the requirements of 12 U.S.C. § 1823(e), its execution, delivery and performance of this Agreement (including the Credit Support Annex and each Confirmation) comply with the criteria specified for a “Qualified Financial Contract” under the heading “Written Agreement Requirements” in that certain FDIC Statement of Policy on Qualified Financial Contracts dated August 31, 1998.
FDIC Requirements. Party A represents that the necessary action to authorize referred to in the representation in Section 3(a)(ii) of the ISDA Form Master Agreement includes all authorizations materially related to the entry into by Party A of the Transaction and the Agreement required under the Federal Deposit Insurance Act as amended, including amendments effected by the Financial Institutions Reform, Recovery, and Enforcement Act of 1989, as amended, and under any agreement, writ, decree, or order entered into with Party A's supervisory authorities.
FDIC Requirements. Notwithstanding any other provisions contained in this LEASE, in the event (a) LESSEE or its successors or assignees shall become insolvent or bankrupt, or if it or their interests under this LEASE shall be levied on or sold under execution or by other legal process, or (b) the depository supervisory authority ("Authority"), LESSOR may, in either such event, terminate this LEASE only with the concurrence of any Receiver or Liquidator appointed by such authority; provided, that in the event this LEASE is terminated by the Receiver or Liquidator, the maximum claim of LESSOR for rent, damages, or indemnity for injury resulting from the termination, rejection, or abandonment of the unexpired LEASE shall by law in no event be in an amount equal to all accrued and unpaid rent to the date of termination.
FDIC Requirements. Notwithstanding any other provisions contained within this Lease, in the event (a) Lessor or its successors or assignees shall become insolvent or bankrupt, or if it or their interests under this Lease shall be levied upon or sold under execution or other legal process, or (b) the depository institution then operating on the Premises is closed, or is taken over by any depository institution supervisory authority ("Authority"), Lessor may, in either such event, terminate this Lease only with the concurrence of any Receiver or Liquidator appointed by such Authority; provided, that in the event this Lease is terminated by the Receiver or Liquidator, the maximum claim of Lessor for rent, damages, or indemnity for injury resulting from the termination, rejection, or abandonment of the unexpired Lease shall in no event be in an amount greater than all accrued and unpaid rent to the date of termination.
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FDIC Requirements. The following Additional Representations and Agreements will apply to Party A and will not apply to Party B: (i) The necessary action to authorize referred to in the representation in Section 3 (a)(ii) of this Agreement includes all authorizations required under the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 and any regulations and guidelines thereunder. (ii) At all times during the term of this Agreement, it will continuously include and maintain as part of its official written books and records, this Agreement, this Schedule and all other exhibits, supplements, and attachments hereto and documents incorporated by reference herein, all Confirmations and evidence of all necessary approvals. In addition to any other remedies which the other party may have under this Agreement or otherwise, if it breaches or defaults on any of its obligations set forth in this subparagraph (ii), the other party shall be entitled to apply to any court of competent jurisdiction for an order requiring specific performance of such obligations, and it shall not contest any such application and shall comply with any such order.
FDIC Requirements. If Party A is a bank subject to the requirements of 12 U.S.C. § 1823(e), Party A represents that its execution, delivery and performance of this Agreement (including the Credit Support Annex and each Confirmation) have been approved by its board of directors or its loan committee, such approval is reflected in the minutes of said board of directors or loan committee, and this Agreement (including the Credit Support Annex and each Confirmation) will be maintained as one of its official records continuously from the time of its execution (or in the case of any Confirmation, continuously until such time as the relevant Transaction matures and the obligations therefor are satisfied in full).
FDIC Requirements. WB represents that it is a bank subject to the requirements of 12 U.S.C. § 1823(e), its execution, delivery and performance of this Agreement (including the Credit Support Annex and each Confirmation) have been approved by its board of directors or its loan committee, such approval is reflected in the minutes of said board of directors or loan committee, and this Agreement (including the Credit Support Annex and each Confirmation) will be maintained as one of its official records continuously from the time of its execution (or in the case of any Confirmation, continuously until such time as the relevant Transaction matures and the obligations therefore are satisfied in full).
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