Payments. The Receiver agrees to cause to be paid to the Assuming Institution, or the Assuming Institution agrees to pay to the Receiver, as the case may be, on the Settlement Date, a payment in an amount which reflects net adjustments (including any costs, expenses and fees associated with determinations of value as provided in this Agreement) made pursuant to Section 8.1 or Section 8.2, plus interest as provided in Section 8.4. The Receiver and the Assuming Institution agree to effect on the Settlement Date any further transfer of assets to or assumption of liabilities or claims by the Assuming Institution as may be necessary in accordance with Section 8.1 or Section 8.2.
Appears in 375 contracts
Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement (Community Bank Shares of Indiana Inc), Purchase and Assumption Agreement
Payments. The Receiver agrees to cause to be paid to the Assuming InstitutionBank, or the Assuming Institution Bank agrees to pay to the Receiver, as the case may be, on the Settlement Date, a payment in an amount which reflects net adjustments (including any costs, expenses and fees associated with determinations of value as provided in this Agreement) made pursuant to Section 8.1 or Section 8.2, plus interest as provided in Section 8.4. The Receiver and the Assuming Institution Bank agree to effect on the Settlement Date any further transfer of assets to or assumption of liabilities or claims by the Assuming Institution Bank as may be necessary in accordance with Section 8.1 or Section 8.2.
Appears in 259 contracts
Samples: Purchase and Assumption Agreement, Loss Agreement, Purchase and Assumption Agreement (SCBT Financial Corp)
Payments. The he Receiver agrees to cause to be paid to the Assuming Institution, or the Assuming Institution agrees to pay to the Receiver, as the case may be, on the Settlement Date, a payment in an amount which reflects net adjustments (including any costs, expenses and fees associated with determinations of value as provided in this Agreement) made pursuant to Section 8.1 or Section 8.2, plus interest as provided in Section 8.4. The Receiver and the Assuming Institution agree to effect on the Settlement Date any further transfer of assets to or assumption of liabilities or claims by the Assuming Institution as may be necessary in accordance with Section 8.1 or Section 8.2.
Appears in 2 contracts
Samples: Purchase and Assumption Agreement (Bond Street Holdings Inc), Purchase and Assumption Agreement (FCB Financial Holdings, Inc.)
Payments. The Either the Receiver agrees to will cause to be paid to the Assuming Institution, Institution or the Assuming Institution agrees to will pay to the Receiver, as the case may be, on the Settlement Date, a payment in an amount which that reflects net adjustments (including any costs, expenses expenses, and fees associated with determinations of value as provided in this Agreement) made pursuant to Section 8.1 or Section 8.2, plus interest as provided in Section 8.4. The Receiver and the Assuming Institution agree to will effect on the Settlement Date any further transfer of assets to or assumption of liabilities or claims by the Assuming Institution as may be necessary in accordance with Section 8.1 or Section 8.2.
Appears in 2 contracts
Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement
Payments. The Either the Receiver agrees to will cause to be paid to the Assuming Institution, or the Assuming Institution agrees to will pay to the Receiver, as the case may be, on the Settlement Date, a payment in an amount which that reflects net adjustments (including any costs, expenses and fees associated with determinations of value as provided in this Agreement) made pursuant to Section 8.1 or Section 8.2, plus interest as provided in Section 8.4. The Receiver and the Assuming Institution agree to will effect on the Settlement Date any further transfer of assets to or assumption of liabilities or claims by the Assuming Institution as may be necessary in accordance with Section 8.1 or Section 8.2.
Appears in 1 contract
Samples: Purchase and Assumption Agreement
Payments. The Receiver agrees to cause to be paid to the Assuming InstitutionBank, or the Assuming Institution Bank agrees to pay to the Receiver, as the case may be, on the Settlement Date, a payment in an amount which reflects net adjustments (including any costs, expenses and fees associated with determinations of value as provided in this Agreement) made pursuant to Section 8.1 or Section 8.2, plus interest as provided in Section 8.4. , The Receiver and the Assuming Institution Bank agree to effect on the Settlement Date any further transfer of assets to or assumption of liabilities or claims by the Assuming Institution Bank as may be necessary in accordance with Section 8.1 or Section 8.2.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (First California Financial Group, Inc.)