Alliance Bancorp Clause Samples

The 'Alliance Bancorp' clause identifies and defines the role or involvement of Alliance Bancorp within the agreement. Typically, this clause clarifies whether Alliance Bancorp is a party to the contract, a guarantor, or otherwise referenced, and may specify its rights, obligations, or limitations under the agreement. For example, it might outline Alliance Bancorp’s responsibilities in a financing arrangement or its authority to act on certain matters. The core function of this clause is to ensure clarity regarding Alliance Bancorp’s position and responsibilities, thereby preventing misunderstandings or disputes about its role in the contractual relationship.
Alliance Bancorp a California corporation, and its successors and assigns, in its capacity as seller of the Alliance Mortgage Loans.
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Alliance Bancorp shall use its best efforts to cause the persons serving as officers and directors of SWB immediately prior to the Company Merger Effective Date to be covered for a period of six years from the Company Merger Effective Date by the directors' and officers' liability insurance policy maintained by SWB (provided that Alliance Bancorp may substitute therefor policies of at least the same coverage and amounts containing terms and conditions which are not less advantageous than such policy) with respect to acts or omissions occurring prior to the Company Merger Effective Date which were committed by such officers and directors in their capacity as such.
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Alliance Bancorp the Company and the Underwriter agree that it would not be just and equitable if contribution pursuant to this Section 7 were determined by pro rata allocation or by any other method of allocation which does not take account of the considerations referred to in clause 7.4, above. The amount paid or payable by an indemnified party as a result of the losses, claims, damages, expenses and liabilities referred to in this Section 7 shall be deemed to include, subject to the limitations set forth above, any legal or other expenses reasonably incurred by such indemnified party in connection with investigating or defending any such action or claim except where the indemnified party is required to bear such expenses pursuant to clause 7.4; which expenses the indemnifying party shall pay as and when incurred, at the request of the indemnified party, to the extent such expenses are required to be paid by such indemnifying party under this Section 7. Notwithstanding the provisions of this Section 7, the Underwriter shall not be required to contribute any amount in excess of the amount by which the Public Offering Price exceeds the Net Proceeds. In the event that any expenses so paid by the indemnifying party are subsequently determined to not be required to be borne by the indemnifying party hereunder, the party which received such payment shall promptly refund the amount so paid to the party which made such payment. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any person who was not guilty of such fraudulent misrepresentation.
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Alliance Bancorp. BY: ----------------------------------- Chairman BY: ----------------------------------- Secretary LIBERTY FEDERAL BANK SPECIAL TERMINATION AGREEMENT This AGREEMENT is made effective as of AUGUST 20, 1997, by and between Liberty Federal Bank (the "Bank"), a Federally chartered savings institution, with its office at ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ and ______________________ (the "Executive"). The Bank is the wholly-owned subsidiary of Alliance Bancorp (the "Company"), a corporation organized under the laws of the State of Delaware.
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