Common use of BID AMOUNT Clause in Contracts

BID AMOUNT. The Assuming Bank has submitted to the Receiver a First Lost Amount bid, as that term is defined in the Loan Sale Agreements, of $92,899,000.00 for the Assets purchased and Liabilities Assumed hereunder (the "Bid Amount").

Appears in 2 contracts

Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement

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BID AMOUNT. The Assuming Bank has submitted to the Receiver a First Lost Loss Amount bid, as that term is defined in the Loan Sale Agreements, of $92,899,000.00 1,522,410,000.00 for the Assets purchased and Liabilities Assumed hereunder (the "Bid Amount").

Appears in 2 contracts

Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement

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