Common use of Assumption Subject to Certain Terms Clause in Contracts

Assumption Subject to Certain Terms. The liabilities and obligations being assumed by the Purchaser pursuant to this Agreement shall be assumed subject to the terms and conditions of the lease, deposit, loan, security, mortgage and other written agreements relating thereto and all applicable laws, statutes, rules, regulations and other legal requirements.

Appears in 4 contracts

Samples: Branch Purchase and Assumption Agreement (Greene County Bancshares Inc), Agreement and Plan of Reorganization (Blue River Bancshares Inc), Branch Purchase and Assumption Agreement (Greene County Bancshares Inc)

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Assumption Subject to Certain Terms. The liabilities and obligations Liabilities being assumed by the Purchaser pursuant to this Agreement shall be assumed subject to the terms and conditions of deposit agreed to by the lease, deposit, loan, security, mortgage Seller and its customers and any other written agreements relating thereto and all applicable the laws, statutes, rules, rules and regulations and other legal requirementsapplicable thereto.

Appears in 2 contracts

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

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Assumption Subject to Certain Terms. The liabilities and obligations being assumed by the Purchaser pursuant to this Agreement shall be assumed subject to the terms and conditions of the lease, deposit, loan, security, mortgage deposit and other written agreements relating thereto and all applicable laws, statutes, rules, regulations rules and other legal requirementsregulations.

Appears in 1 contract

Samples: Branch Purchase and Assumption Agreement (Blue River Bancshares Inc)

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