Agreement with Respect to Credit Card Business. The Assuming Bank agrees to honor and perform, from and after Bank Closing, all duties and obligations with respect to the Failed Bank's credit card business, and/or processing related to credit cards, if any, and assumes all outstanding extensions of credit with respect thereto.
Appears in 129 contracts
Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement, Purchase and Assumption Agreement
Agreement with Respect to Credit Card Business. The Assuming Bank Institution agrees to honor and perform, from and after Bank Closing, all duties and obligations with respect to the Failed Bank's credit card business (including issuer or merchant acquirer) debit card business, stored value and gift card business, and/or processing related to credit cards, if any, and assumes all outstanding extensions of credit or balances with respect theretoto these lines of business.
Appears in 123 contracts
Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement, Purchase and Assumption Agreement (Enterprise Financial Services Corp)
Agreement with Respect to Credit Card Business. The Assuming Bank Institution agrees to honor and perform, from and after Bank Closing, all duties and obligations with respect to the Failed Bank's credit card business, and/or processing related to credit cards, if any, and assumes all outstanding extensions of credit with respect thereto.
Appears in 98 contracts
Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement, Purchase and Assumption Agreement
Agreement with Respect to Credit Card Business. The Assuming Bank agrees to honor and perform, from and after Bank Closing, all duties and obligations with respect to the Failed Bank's ’s credit card business, and/or processing related to credit cards, if any, and assumes all outstanding extensions of credit with respect thereto.
Appears in 75 contracts
Samples: Purchase and Assumption Agreement (FCB Financial Holdings, Inc.), Purchase and Assumption Agreement (FCB Financial Holdings, Inc.), Purchase and Assumption Agreement (Bond Street Holdings Inc)
Agreement with Respect to Credit Card Business. The Assuming Bank Institution agrees to honor and perform, from and after Bank Closing, all duties and obligations with respect to the Failed Bank's ’s credit card business (including issuer or merchant acquirer) debit card business, stored value and gift card business, and/or processing related to credit cards, if any, and assumes all outstanding extensions of credit or balances with respect theretoto these lines of business.
Appears in 51 contracts
Samples: Purchase and Assumption Agreement (FCB Financial Holdings, Inc.), Purchase and Assumption Agreement (NBH Holdings Corp.), Purchase and Assumption Agreement (Bond Street Holdings Inc)
Agreement with Respect to Credit Card Business. The Assuming Bank Institution agrees to honor and perform, from and after Bank Closing, all duties and obligations with respect to the Failed Bank's ’s credit card business, and/or processing related to credit cards, if any, and assumes all outstanding extensions of credit with respect thereto.
Appears in 37 contracts
Samples: Purchase and Assumption Agreement (Great Western Bancorp, Inc.), Purchase and Assumption Agreement (Talmer Bancorp, Inc.), Purchase and Assumption Agreement (EverBank Financial Corp)
Agreement with Respect to Credit Card Business. The Assuming Bank agrees to honor and perform, from and after Bank Closing, all duties and obligations with respect to the Failed Bank's credit card business, and/or processing related to credit cards, if any, and assumes all outstanding extensions of credit with respect thereto. Fees related to the credit card business collected prior to Bank Closing shall be for the benefit of the Receiver and fees collected after Bank Closing shall be for the benefit of the Assuming Bank.
Appears in 32 contracts
Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement, Purchase and Assumption Agreement
Agreement with Respect to Credit Card Business. The Assuming Bank agrees to honor and perform, from and after the Bank ClosingClosing Date, all duties and obligations with respect to the Failed Bank's credit card business, and/or processing related to credit cards, if any, and assumes all outstanding extensions of credit with respect thereto. Fees related to the credit card business collected prior to the Bank Closing Date shall be for the benefit of the Receiver and fees collected after the Bank Closing Date shall be for the benefit of the Assuming Bank.
Appears in 12 contracts
Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement, Purchase and Assumption Agreement
Agreement with Respect to Credit Card Business. The Assuming Bank Institution agrees to honor and perform, from and after Bank Closing, all duties and obligations with respect to the Failed Bank's credit card business, and/or processing related to credit cards, if any, and assumes all outstanding extensions of credit with respect thereto. Fees related to the credit card business collected prior to Bank Closing shall be for the benefit of the Receiver and fees collected after Bank Closing shall be for the benefit of the Assuming Institution.
Appears in 6 contracts
Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement, Purchase and Assumption Agreement
Agreement with Respect to Credit Card Business. The Assuming Bank agrees to honor and perform, from and after the Bank ClosingClosing Date, all duties and obligations with respect to the Failed Bank's ’s credit card business, and/or processing related to credit cards, if any, and assumes all outstanding extensions of credit with respect thereto. Fees related to the credit card business collected prior to the Bank Closing Date shall be for the benefit of the Receiver and fees collected after the Bank Closing Date shall be for the benefit of the Assuming Bank.
Appears in 5 contracts
Samples: Purchase and Assumption Agreement (Mb Financial Inc /Md), Purchase and Assumption Agreement (Community Bankers Trust Corp), Purchase and Assumption Agreement (First California Financial Group, Inc.)
Agreement with Respect to Credit Card Business. The Assuming Bank Institution agrees to honor and perform, from and after Bank Closing, all duties and obligations with respect to the Failed Bank's credit card business (including issuer or merchant acquirer), debit card business, stored value and gift card business, and/or processing related to credit cards, if any, and assumes all outstanding extensions of credit or balances with respect theretoto these lines of business.
Appears in 4 contracts
Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement, Purchase and Assumption Agreement
Agreement with Respect to Credit Card Business. The Assuming Bank Institution agrees to honor and perform, from and after Bank Closing, all duties and obligations with respect to the Failed Bank's ’s credit card business, and/or processing related to credit cards, if any, and assumes all outstanding extensions of credit with respect thereto. Fees related to the credit card business collected prior to Bank Closing shall be for the benefit of the Receiver and fees collected after Bank Closing shall be for the benefit of the Assuming Institution.
Appears in 2 contracts
Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement
Agreement with Respect to Credit Card Business. The Assuming Bank agrees to honor and perform, from and after Bank Closing, all duties and obligations with respect to the Failed Bank's ’s credit card business, and/or processing related to credit cards, if any, and assumes all outstanding extensions of credit with respect thereto. Fees related to the credit card business collected prior to Bank Closing shall be for the benefit of the Receiver and fees collected after Bank Closing shall be for the benefit of the Assuming Bank.
Appears in 2 contracts
Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement (Tri City Bankshares Corp)
Agreement with Respect to Credit Card Business. The Assuming Bank Institution agrees to honor and perform, from and after Bank Closing, all duties and obligations with respect to the Failed Bank's credit card business (including issuer or merchant acquirer) debit card business, stored value and gift card business, and/or processing related to credit cards, if any, and assumes all outstanding extensions of credit or balances with respect theretoto these lines of business, except for those Loans and accounts listed on the attached Schedule 3.5(m).
Appears in 2 contracts
Samples: Purchase and Assumption Agreement (Polonia Bancorp), Purchase and Assumption Agreement
Agreement with Respect to Credit Card Business. The Assuming Bank agrees to honor and perform, from and after Bank Closing, all duties and obligations with respect to the Failed Bank's ’s credit card business, and/or processing related to credit cards, if any, and assumes all outstanding extensions of credit with respect thereto.. Module 1 – Whole Bank w/ Loss Share – P&A 00 Xxxxxxxxx Xxxx Xxxxxxx 0.00 Xxxxxxx, XX November 17, 2009
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Umpqua Holdings Corp)
Agreement with Respect to Credit Card Business. The Assuming Bank Institution agrees to honor and perform, from and after Bank Closing, all duties and obligations with respect to the Failed Bank's ’s credit card business (including issuer or merchant acquirer), debit card business, stored value and gift card business, and/or processing related to credit cards, if any, and assumes all outstanding extensions of credit or balances with respect theretoto these lines of business.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Heritage Financial Corp /Wa/)
