Assumption of Liabilities of Seller. On the terms and subject to the conditions contained in this Agreement, at the Closing, Seller shall transfer and assign to Buyer, and Buyer shall assume, pay for, perform and discharge from and after the Effective Time, as and when due and payable, the following liabilities of Seller attributable to the Branches and reflected on the books and records of Seller (all of which are collectively referred to herein as the “Assumed Liabilities”):
Appears in 3 contracts
Samples: Branch Purchase and Assumption Agreement (Simmons First National Corp), Branch Purchase and Assumption Agreement (Spirit of Texas Bancshares, Inc.), Branch Purchase and Assumption Agreement (Simmons First National Corp)
Assumption of Liabilities of Seller. On At the terms and Closing, subject to the conditions contained in this Agreement, at the Closingherein, Seller shall transfer and assign to Buyer, and Buyer shall assume, pay for, perform and discharge from and after the Effective Time, as and when due and payable, the following liabilities of Seller attributable to associated with the Branches Branch and reflected on the books and records of Seller (all of which are collectively referred to herein as the “Assumed Liabilities”):
Appears in 3 contracts
Samples: Purchase and Assumption Agreement (Community First Inc), Servicing Agreement (Xenith Bankshares, Inc.), Purchase and Assumption Agreement (Xenith Bankshares, Inc.)
Assumption of Liabilities of Seller. On At the terms and Closing, subject to the conditions contained in this Agreement, at the Closingherein, Seller shall transfer and assign to Buyer, and Buyer shall assume, pay for, perform and discharge from and after the Effective Time, as and when due and payable, the following liabilities of Seller attributable to associated with the Branches and reflected on the books and records of Seller (all of which are collectively referred to herein as the “Assumed Liabilities”):
Appears in 1 contract
Samples: Purchase and Assumption Agreement (New Century Bancorp Inc)
Assumption of Liabilities of Seller. On At the terms and Closing, subject to the conditions contained in this Agreement, at the Closingherein, Seller shall transfer and assign to Buyer, and Buyer shall assume, pay for, perform and discharge from and after the Effective Time, as and when due and payable, the following liabilities of Seller attributable to the Branches Branch and reflected on the books and records of Seller (all of which are collectively referred to herein as the “Assumed Liabilities”):
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Independent Bank Group Inc)
Assumption of Liabilities of Seller. On At the terms and Closing, subject to the conditions contained in this Agreement, at the Closingherein, Seller shall transfer and assign to Buyer, and Buyer shall assume, pay for, perform and discharge from and after the Effective Time, as and when due and payable, the following liabilities of Seller attributable to the Branches and reflected on the books and records of Seller (all of which are collectively referred to herein as the “Assumed "Liabilities”"):
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Unionbancorp Inc)
Assumption of Liabilities of Seller. On At the terms and Closing, subject to the conditions contained in this Agreement, at the Closingherein, Seller shall transfer and assign to Buyer, and Buyer shall assume, pay for, perform and discharge from and after the Effective Time, as and when due and payable, the following liabilities of Seller attributable to the Branches and reflected on the books and records general ledger of Seller (all of which are collectively referred to herein as the “Assumed "Liabilities”"):
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Surety Capital Corp /De/)
Assumption of Liabilities of Seller. On At the terms and Closing, subject to the conditions contained in this Agreement, at the Closingherein, Seller shall transfer and assign to Buyer, and Buyer shall assume, pay for, perform and discharge from and after the Effective Time, as and when due and payable, the following liabilities of Seller attributable to the Branches Branch and reflected on the books and records of Seller (all of which are collectively referred to herein as the “Assumed Liabilities”):
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Independent Bank Group Inc)
Assumption of Liabilities of Seller. On At the Closing, subject to the terms and subject to the conditions contained in this Agreement, at the Closingherein, Seller shall transfer and assign to Buyer, and Buyer shall assume, honor, pay for, perform and discharge from and after the Effective Time, as and when due and payable, the following liabilities of Seller attributable to associated with the Branches and reflected on the books and records of Seller (all of which are collectively referred to herein as the “Assumed Liabilities”):
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Select Bancorp, Inc.)
