Common use of Assumption Subject to Certain Terms Clause in Contracts

Assumption Subject to Certain Terms. The liabilities being assumed by the Purchaser pursuant to this Article shall be assumed subject to the terms and conditions of the contracts of deposit and other written agreements relating thereto and provided by Seller to Purchaser and the laws, rules and regulations applicable thereto.

Appears in 3 contracts

Samples: Acquisition Agreement (Community Bancshares Inc /De/), Acquisition Agreement (Community Bancshares Inc /De/), Acquisition Agreement (Community Bancshares Inc /De/)

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Assumption Subject to Certain Terms. The liabilities Liabilities being assumed by the Purchaser pursuant to this Article Agreement shall be assumed subject to the terms and conditions of deposit agreed to by the contracts of deposit Seller and its customers and any other written agreements relating thereto and provided by Seller to Purchaser and the laws, rules and regulations applicable thereto.

Appears in 2 contracts

Samples: Branch Purchase Agreement (United Community Bancorp), Branch Purchase Agreement (Premier Financial Bancorp Inc)

Assumption Subject to Certain Terms. The liabilities being assumed by the Purchaser pursuant to this Article shall be assumed subject to the terms and conditions of the contracts of deposit and other written agreements relating thereto and provided by Seller to Purchaser and the laws, rules and regulations applicable thereto.

Appears in 1 contract

Samples: Acquisition Agreement (Community Bancshares Inc /De/)

Assumption Subject to Certain Terms. The liabilities being assumed by the Purchaser pursuant to this Article shall be assumed subject to the terms and conditions of the contracts of deposit and other written agreements relating thereto and provided by Seller Sellers to Purchaser and the laws, rules and regulations applicable thereto.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Community Bancshares Inc /De/)

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Assumption Subject to Certain Terms. The liabilities being assumed by the Purchaser pursuant to this Article shall be assumed subject to the terms and conditions of the contracts of deposit and other written agreements relating thereto and provided by Seller to Purchaser and the laws, rules and regulations applicable thereto.

Appears in 1 contract

Samples: Acquisition Agreement (Community Bancshares Inc /De/)

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