Common use of Representations of Party A Clause in Contracts

Representations of Party A. Party A represents to Party B on the date on which Party A enters into each Transaction that Party A is a bank subject to the requirements of Federal Deposit Insurance Act, delivery and performance of this Agreement (including the Credit Support Annex and each Confirmation) have been authorized by all necessary corporate action of Party A, the person executing this Agreement on behalf of Party A is an officer of Party A of the level of vice president or higher, 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).

Representations of Party A. Party A represents to Party B on the date on which Party A enters into each Transaction that that:-- (1) Party A is a bank subject to the requirements of the Federal Deposit Insurance Act, delivery and performance of this .. This Agreement (including the Credit Support Annex and each Confirmation) have has been authorized by all necessary corporate action of Party A, the person executing this Agreement on behalf of Party A is an officer of Party A of the level of vice president or higher, and this Agreement (including the Credit Support Annex and each Confirmation) 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).

Representations of Party A. Party A represents to Party B on the date on which Party A enters into each Transaction that that: Party A is a bank subject to the requirements of Federal Deposit Insurance Act12 U.S.C. § 1823(e), its execution, delivery and performance of this Agreement (including the Credit Support Annex and each Confirmation) have been authorized approved by all necessary corporate action its board of Party Adirectors or its loan committee, such approval is reflected in the person executing this Agreement on behalf minutes of Party A is an officer said board of Party A of the level of vice president directors or higherloan 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).