Common use of Nature of Deposits Clause in Contracts

Nature of Deposits. The deposits of the Bank will be on the Closing Date of substantially the same character, mix, type, and makeup as such deposits are as of September 30, 2004. Such deposits shall include no “brokered deposits,” as such term is used in 12 U.S.C. 1831f, unless otherwise agreed by FBC.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Franklin Bank Corp), Agreement and Plan of Merger (Franklin Bank Corp)

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Nature of Deposits. The deposits of the Bank will be on the Closing Date of substantially the same character, mix, type, and makeup as such deposits are as of September June 30, 2004. Such deposits shall include no “brokered deposits,” as such term is used in 12 U.S.C. 1831f, unless otherwise agreed by FBC.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Franklin Bank Corp)

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Nature of Deposits. The deposits of the Bank will be on the Closing Date of substantially the same character, mix, type, and makeup as such deposits are as of September 30, 20042006. Such deposits shall include no “brokered deposits,” as such term is used in 12 U.S.C. 1831f, unless otherwise agreed by FBC.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Franklin Bank Corp)

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