Common use of Insider Clause in Contracts

Insider. Seller is not an “executive officer,” “director,” or “person who directly or indirectly or acting through or in concert with one or more persons owns, controls, or has the power to vote more than 10% of any class of voting securities” (as those terms are defined in 12 U.S.C. § 375(b) or in regulations promulgated pursuant thereto) of Buyer, of a bank holding company of which Buyer is a Subsidiary, or of any Subsidiary, of a bank holding company of which Buyer is a Subsidiary, of any bank at which Buyer maintains a correspondent account or of any lender which maintains a correspondent account with Buyer.

Insider. Seller is not an “executive officer,” “director,” or “person who directly or indirectly or acting through or in concert with one or more persons owns, controls, or has the power to vote more than 10% of any class of voting securities” (as those terms are defined in 12 U.S.C. § 375(b) or in regulations promulgated pursuant thereto) of BuyerPurchaser, of a bank holding company of which Buyer Purchaser is a Subsidiary, or of any Subsidiary, of a bank holding company of which Buyer Purchaser is a Subsidiary, of any bank at which Buyer Purchaser maintains a correspondent account or of any lender which maintains a correspondent account with BuyerPurchaser.

Insider. Seller is not an “executive officer,” “director,” or “person who directly or indirectly or acting through or in concert with one or more persons owns, controls, or has the power to vote more than 10% of any class of voting securities” (as those terms are defined in 12 U.S.C. § 375(b) or in regulations promulgated pursuant thereto) of Buyer, of a bank holding company of which Buyer is a Subsidiary, or of any Subsidiary, of a bank holding company of which Buyer is a Subsidiary, of any bank at which Buyer maintains a correspondent account or of any lender which maintains a correspondent account with Buyer.

Insider. Seller is not an “executive officer,” “director,” or “person who directly or indirectly or acting through or in concert with one or more persons owns, controls, or has the power to vote more than 10% of any class of voting securities” (as those terms are defined in 12 U.S.C. § 375(b) or in regulations promulgated pursuant thereto) of Buyer, of a bank holding company of which Buyer is a Subsidiary, or of any Subsidiary, Subsidiary of a bank holding company of which Buyer is a Subsidiary, of any bank at which Buyer maintains a correspondent account or of any lender which maintains a correspondent account with Buyer.

Insider. Seller is not an “executive officer,” “director,” or “person who directly or indirectly or acting through or in concert with one or more persons owns, controlsControls, or has the power to vote more than 10% of any class of voting securities” (as those terms are defined in 12 U.S.C. § 375(b) or in regulations promulgated pursuant thereto) of Buyer, of a bank holding company of which Buyer is a Subsidiary, or of any Subsidiary, of a bank holding company of which Buyer is a Subsidiary, of any bank at which Buyer maintains a correspondent account or of any lender which maintains a correspondent account with Buyer.

Insider. No Seller is not an “executive officer,” “director,” or “person who directly or indirectly or acting through or in concert with one or more persons owns, controls, or has the power to vote more than ten percent (10% %) of any class of voting securities” (as those terms are defined in 12 U.S.C. § 375(b) or in regulations promulgated pursuant thereto) of BuyerPurchaser, of a bank holding company of which Buyer Purchaser is a Subsidiary, or of any Subsidiary, of a bank holding company of which Buyer Purchaser is a Subsidiary, of any bank at which Buyer Purchaser maintains a correspondent account or of any lender which maintains a correspondent account with BuyerPurchaser.

Insider. Seller is not an “executive officer,” “director,” or “person who directly or indirectly or acting through or in concert with one or more persons owns, controls, or has the power to vote more than 10% of any class of voting securities” (as those terms are defined in 12 U.S.C. § 375(b) or in regulations promulgated pursuant thereto) of Buyer, of a bank holding company of which the Agent or any Buyer is a Subsidiarysubsidiary, or of any Subsidiarysubsidiary, of a bank holding company of which the Agent or any Buyer is a Subsidiarysubsidiary, of any bank at which the Agent or any Buyer maintains a correspondent account or of any lender which maintains a correspondent account with the Agent or any Buyer.

Insider. Seller is not an “executive officer,” “director,” or “person who directly or indirectly or acting through or in concert with one or more persons owns, controlsControls, or has the power to vote more than 10% of any class of voting securities” (as those terms are defined in 12 U.S.C. § 375(b) or in regulations promulgated pursuant thereto) of Buyer, of a bank holding company of which Buyer is a Subsidiary, or of any Subsidiary, of a bank holding company of which Buyer is a Subsidiary, of any bank at which Buyer maintains a correspondent account or of any lender which maintains a correspondent account with Buyer.

Insider. Seller is not an “executive officer,” “director,” or “person who directly or indirectly or acting through or in concert with one or more persons owns, controls, or has the power to vote more than 10% of any class of voting securities” (as those terms are defined in 12 U.S.C. § 375(b) or in regulations promulgated pursuant thereto) of Buyer, of a bank holding company of which Buyer is a Subsidiarysubsidiary, or of any Subsidiarysubsidiary, of a bank holding company of which Buyer is a Subsidiarysubsidiary, of any bank at which Buyer maintains a correspondent account or of any lender which maintains a correspondent account with Buyer.

Insider. Seller is not an “executive officer,” “director,” or “person who directly or indirectly or acting through or in concert with one or more persons owns, controls, or has the power to vote more than ten percent (10% %) of any class of voting securities” (as those terms are defined in 12 U.S.C. § 375(b) or in regulations promulgated pursuant thereto) of BuyerPurchaser, of a bank holding company of which Buyer Purchaser is a Subsidiary, or of any Subsidiary, of a bank holding company of which Buyer Purchaser is a Subsidiary, of any bank at which Buyer Purchaser maintains a correspondent account or of any lender which maintains a correspondent account with BuyerPurchaser.

Insider. Seller is not an “executive officer,” “director,” or “person who directly or indirectly or acting through or in concert with one or more persons owns, controls, or has the power to vote more than 10% of any class of voting securities” (as those terms are defined in 12 U.S.C. § 375(b) or in regulations promulgated pursuant thereto) of Buyer, of a bank holding company of which Buyer is a Subsidiary, or of any Subsidiary, Subsidiary of a bank holding company of which Buyer Xxxxx is a Subsidiary, of any bank at which Buyer Xxxxx maintains a correspondent account or of any lender which maintains a correspondent account with BuyerXxxxx.

Insider. Seller is not an “"executive officer,” “" "director,” " or “"person who directly or indirectly or acting through or in concert with one or more persons owns, controls, or has the power to vote more than 10% of any class of voting securities” " (as those terms are defined in 12 U.S.C. § ! 375(b) or in regulations promulgated pursuant thereto) of Buyer, of a bank holding company of which Buyer is a Subsidiarysubsidiary, or of any Subsidiarysubsidiary, of a bank holding company of which Buyer is a Subsidiarysubsidiary, of any bank at which Buyer maintains a correspondent account or of any lender which maintains a correspondent account with Buyer.

Insider. Seller is not an “"executive officer,” “" "director,” " or “"person who directly or indirectly or acting through or in concert with one or more persons owns, controls, or has the power to vote more than 10% of any class of voting securities” " (as those terms are defined in 12 U.S.C. § 375(b) or in regulations promulgated pursuant thereto) of Buyer, of a bank holding company of which Buyer is a Subsidiarysubsidiary, or of any Subsidiarysubsidiary, of a bank holding company of which Buyer is a Subsidiarysubsidiary, of any bank at which Buyer maintains a correspondent account or of any lender which maintains a correspondent account with Buyer.

Insider. The Seller is not an “executive officer,” ”, “director,” ”, or “person who directly or indirectly or acting through or in concert with one or more persons owns, controls, or has the power to vote more than 10% of any class of voting securities” (as those terms are defined in 12 U.S.C. § 375(b) or in regulations promulgated pursuant thereto) of Buyerthe Purchaser, of a bank holding company of which Buyer the Purchaser is a Subsidiary, or of any Subsidiary, Subsidiary of a bank holding company of which Buyer the Purchaser is a Subsidiary, of any bank at which Buyer the Purchaser maintains a correspondent account or of any lender which maintains a correspondent account with Buyerthe Purchaser.

Insider. Seller is not an “executive officer,” “director,” or “person who directly or indirectly or acting through or in concert with one or more persons owns, controls, or has the power to vote more than 10% of any class of voting securities” (as those terms are defined in 12 U.S.C. § U.S.C.§ 375(b) or in regulations promulgated pursuant thereto) of Buyer, of a bank holding company of which Buyer is a Subsidiary, or of any Subsidiary, Subsidiary of a bank holding company of which Buyer Xxxxx is a Subsidiary, of any bank at which Buyer Xxxxx maintains a correspondent account or of any lender which maintains a correspondent account with BuyerXxxxx.

Insider. No Seller is not an “executive officer,” “director,” or “person who directly or indirectly or acting through or in concert with one or more persons owns, controls, or has the power to vote more than 10% of any class of voting securities” (as those terms are defined in 12 U.S.C. § 375(b) or in regulations promulgated pursuant thereto) of BuyerPurchaser, of a bank holding company of which Buyer Purchaser is a Subsidiary, or of any Subsidiary, of a bank holding company of which Buyer Purchaser is a Subsidiary, of any bank at which Buyer Purchaser maintains a correspondent account or of any lender which maintains a correspondent account with BuyerPurchaser.

Insider. Seller is not an “executive officer,” “director,” or “person who directly or indirectly or acting through or in concert with one or more persons owns, controls, or has the power to vote more than 10% of any class of voting securities” (as those terms are defined in 12 U.S.C. § 375(b) or in regulations promulgated pursuant thereto) of BuyerPurchaser, of a bank holding company of which Buyer Purchaser is a Subsidiary, or of any Subsidiary, Subsidiary of a bank holding company of which Buyer Purchaser is a Subsidiary, of any bank at which Buyer Purchaser maintains a correspondent account or of any lender which maintains a correspondent account with BuyerPurchaser.

Insider. Seller is not an “executive officer,” “director,” or “person who directly or indirectly or acting through or in concert with one or more persons owns, controls, or has the power to vote more than 10% of any class of voting securities” (as those terms are defined in 12 U.S.C. § 375(b) or in regulations promulgated pursuant thereto) of any Buyer, of a bank holding company of which any Buyer is a Subsidiary, or of any Subsidiary, of a bank holding company of which any Buyer is a Subsidiary, of any bank at which any Buyer maintains a correspondent account or of any lender which maintains a correspondent account with any Buyer.