Closing Procedures Adjustments. 3.1 Closing 12 3.2 Payment at Closing 13 3.3 Adjustment of Purchase Price 13 3.4 Proration; Other Closing Date Adjustments 14 3.5 Seller Deliveries 14 3.6 Purchaser Deliveries 15 3.7 Delivery of the Loan Documents 15 3.8 Collateral Assignments and Filing 16 3.9 Owned Real Property Filings 16
Closing Procedures Adjustments. 3.1 Closing 14 3.2 Payment at Closing 14 3.3 Adjustment of Purchase Price 15 3.4 Proration; Other Closing Date Adjustments 15 3.5 Seller Deliveries 16 3.6 Purchaser Deliveries 17 3.7 Delivery of the Loan Documents 18 3.8 Owned Real Property Filings 18 Page 3.9 Allocation of Purchase Price 18 ARTICLE 4 TRANSITIONAL MATTERS 4.1 Transitional Arrangements 19 4.2 Customers 20 4.3 ACH Debit or Credit Transactions 21 4.4 Wires 22 4.5 Access to Records 23 4.6 Interest Reporting and Withholding 23 4.7 Negotiable Instruments 24 4.8 ATM/Debit Cards; POS Cards 24
Closing Procedures Adjustments. 3.1 Closing ...............................................................................................................................13 3.2 Payment at Closing ............................................................................................................13 3.3
Closing Procedures Adjustments. 3.1 Closing.......................................................................................................................................... 14 3.2 Payment at Closing...................................................................................................................... 15 3.3 Adj ustment of Purchase Price.....................................................................................................15 3.4 Proration; Other Closing Date Adjustments.............................................................................16 3.5
Closing Procedures Adjustments. 3.1 Closings..................................................................................................................................20 3.2
Closing Procedures Adjustments. 20 4.1 Closing 20 4.2 Payment at Closing 20 4.3 Adjustment of Purchase Price 21 4.4 Proration; Other Closing Date Adjustments 21 4.5 Seller Deliveries 22 4.6 Purchaser Deliveries 23 4.7 Delivery of the Loan Documents 24 4.8 Owned Real Property Filings 24 4.9 Allocation of Purchase Price 25 ARTICLE 5. TRANSITIONAL MATTERS 25 5.1 Transitional Arrangements 25 5.2 Customers 26 5.3 Direct Deposits 28 5.4 Direct Debits 29 5.5 Access to Records 29 5.6 Interest Reporting and Withholding 30 5.7 Negotiable Instruments 30 5.8 ATM and Debit Cards 30 5.9 Data Processing Conversion for the Branches and Handling of Certain Items 31 5.10 Employee Training 32 5.11 Expenses Relating to Transitional Matters 33 5.12 Night Drop Equipment 33 5.13 Access to the Branches on the Closing Date 33 Page
Closing Procedures Adjustments. 3.1 Closing 13 3.2 Payment at Closing 13 3.3 Adjustment of Purchase Price 14 3.4 Proration; Other Closing Date Adjustments 14 3.5 Seller Deliveries 15 3.6 Purchaser Deliveries 16 3.7 RESERVED 16 3.8 Agreements Regarding Owned Real Property 16 3.9 Allocation of Purchase Price 17 ARTICLE 4 TRANSITIONAL MATTERS 4.1 Transitional Arrangements 18 4.2 Customers 18 4.3 ACH Debit or Credit Transactions 20 4.4 Wires 21 4.5 Access to Records 21 4.6 Interest Reporting and Withholding 22 4.7 Negotiable Instruments 22 4.8 ATM/Debit Cards; POS Cards 22 4.9 Data Processing Conversion for the Branches and Handling of Certain Items 23 4.10 Infrastructure Installation 24 4.11 Employee Training 26 4.12 Night Drop Equipment 27 4.13 Expenses Relating to Transitional Matters 27 4.14 Access to the Branches on the Closing Date 27 4.15 Customer Claims 27 ARTICLE 5 REPRESENTATIONS AND WARRANTIES OF SELLER 5.1 Corporate Organization and Authority 28 5.2 No Conflicts 28 5.3 Approvals and Consents 29 5.4 Leases 29 5.5 Litigation and Undisclosed Liabilities 29 5.6 Regulatory Matters 30 5.7 Compliance with Laws 30 5.8 RESERVED 30 5.9 Records 30 5.10 Title to Assets 30 5.11 Deposits 30 5.12 Environmental Laws; Hazardous Substances 31 5.13 Brokers’ Fees 31 5.14 Property 31 5.15 Absence of Certain Changes 32 5.16 Employee Benefit Plans; Labor Matters 32 5.17 Available Funds 33 5.18 Limitations on Representations and Warranties 33 ARTICLE 6 REPRESENTATIONS AND WARRANTIES OF PURCHASER 6.1 Corporate Organization and Authority 33 6.2 No Conflicts 33 6.3 Approvals and Consents 34 6.4 Regulatory Matters 34 6.5 Litigation and Undisclosed Liabilities 35 6.6 Operation of the Branches 35 6.7 Brokers’ Fees 35 6.8 Financing to be Available 35 6.9 Limitations on Representations and Warranties 35
Closing Procedures Adjustments. 3.1 Closing 12 3.2 Payment at Closing 12 3.3 Adjustment of Purchase Price 12 3.4 Proration; Other Closing Date Adjustments 14 3.5 Seller Deliveries 14 3.6 Purchaser Deliveries 16 3.7 Delivery of the Loan Documents 17 3.8 Collateral Assignments and Filing 17 3.9 Owned Real Property Filings 17 3.10 Allocation of Purchase Price 18 3.11 Additional Loans 19 ARTICLE 4 TRANSITIONAL MATTERS 4.1 Transitional Arrangements 19 4.2 Customers 20 4.3 Direct Deposits 21 4.4 Direct Debits 22 4.5 Escheat Deposits 22 4.6 Access to Records 23 4.7 Interest Reporting and Withholding 23 4.8 Negotiable Instruments 24 4.9 ATM/Debit Cards; POS Cards 24 4.10 Data Processing Conversion for the Branches and Handling of Certain Items 24 4.11 Information Regarding Mortgage Loans 26 4.12 Employee Training 26 Page
Closing Procedures Adjustments
