Common use of Branch Leases Clause in Contracts

Branch Leases. The Branch Leases give Seller the right to occupy the building and land comprising the related Branch. Accurate copies of all Branch Leases and all attachments, amendments and addenda thereto have heretofore been made available to Purchaser. To Seller's knowledge, the Branch Leases constitute valid and legally binding leasehold interests of Seller. Except as described on Schedule 5.4, there are no leases, subleases, occupancies, tenancies or rights of first refusal relating to any Branch created or suffered to exist by Seller or, to Seller's knowledge, created or suffered to exist by any other person.

Appears in 7 contracts

Samples: Purchase and Assumption Agreement (Cowlitz Bancorporation), Purchase and Assumption Agreement (Tehama Bancorp), Purchase and Assumption Agreement (National Bancshares Corp of Texas)

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