Deposit Insurance Act definition

Deposit Insurance Act means the Deposit Insurance Act (Law No. 34 of 1971, as amended).

Deposit Insurance Act means the Deposit Insurance Act of Japan (Act No. 34 of 1971, as amended) or any successor legislation thereto.

Deposit Insurance Act means the Deposit Insurance Act of Japan (Act No. 34 of 1971), as amended or replaced from time to time.

Examples of Deposit Insurance Act in a sentence

• If, at the time any payment would otherwise be made to Employee under this Agreement, such payment is prohibited or limited by any applicable statute or regulation, including, without limitation, the Federal Deposit Insurance Act and 12 C.F.R. Part 359 (Golden Parachute and Indemnification Payments), or by order of any such bank regulatory agency, the amount of such payment shall be reduced to the largest amount, if any, that may be paid at such time consistently with such statute, regulation, or order.

• If the Company is in default (as defined in Section 3(x)(1) of the Federal Deposit Insurance Act (12 U.S.C. Section 1813(x)(1)), all obligations under this Agreement shall terminate as of the date of default, but vested rights of the parties shall not be affected.

• If the Executive is removed and/or permanently prohibited from participating in the conduct of the Bank’s or the Bancorp’s affairs by an order issued under Section 8(e) (3) or 8(g)(1) of the Federal Deposit Insurance Act (12 U.S.C. Section 1818(e)(3) or (g)(1)), all obligations of the Company under this Agreement shall terminate as of the effective date of the order, but vested rights of the parties shall not be affected.

More Definitions of Deposit Insurance Act

Deposit Insurance Act has the meaning set forth in Section 4.04.

Deposit Insurance Act shall have the meaning set forth in Section 4.04.

Deposit Insurance Act has the meaning set forth in Section 13.01.

Deposit Insurance Act means the Deposit Insurance Act of Japan (Act No. 34 of 1971, as amended);

Deposit Insurance Act means the Deposit Insurance and Policy Owners’ Protection Schemes Act 2011 of Singapore, as may be amended, revised or supplemented from time to time;