Calculation of Accrued Interest for Securities. Accrued interest shall be calculated for a non-equity security by multiplying the interest rate (expressed as a decimal point) paid on the security as then most recently publicly available, by the most recent par value (or notational amount, as applicable) of that security, multiplied by the number of days from and including the first interest day of the accrual period in which the Bank Closing Date occurs, through the Bank Closing Date.
Appears in 37 contracts
Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement, Purchase and Assumption Agreement
Calculation of Accrued Interest for Securities. Accrued interest shall be calculated for a non-equity security by multiplying the interest rate (expressed as a decimal point) paid on the security as then most recently publicly available, by the most recent par value (or notational amount, as applicable) of that security, multiplied by the number of days from and including the first interest day of the accrual period in which the Bank Closing Date occurs, through up to, but not including the Bank Closing Date.
Appears in 7 contracts
Samples: Purchase and Assumption Agreement (NBH Holdings Corp.), Purchase and Assumption Agreement (Great Southern Bancorp Inc), Purchase and Assumption Agreement (Enterprise Financial Services Corp)
Calculation of Accrued Interest for Securities. Accrued interest shall will be calculated for a non-equity security by multiplying the interest rate (expressed as a decimal point) paid on the security as then most recently publicly available, by the most recent par value (or notational amount, as applicable) of that security, multiplied by the number of days from and including the first interest day of the accrual period in which the Bank Closing Date occurs, through the Bank Closing Date.
Appears in 7 contracts
Samples: Purchase and Assumption Agreement (Fulton Financial Corp), Purchase and Assumption Agreement, Purchase and Assumption Agreement
Calculation of Accrued Interest for Securities. Accrued interest shall be calculated for a non-equity security by multiplying the interest rate (expressed as a decimal point) paid on the security as then most recently publicly available, by the most recent par value (or notational amount, as applicable) of that security, multiplied by the number of days from and including the first interest day of the accrual period in which the Bank Closing Date occurs, through the Bank Closing Date.. (c)
Appears in 2 contracts
Samples: Purchase and Assumption Agreement (First NBC Bank Holding Co), Purchase and Assumption Agreement (WashingtonFirst Bankshares, Inc.)
Calculation of Accrued Interest for Securities. Accrued interest shall be calculated for a non-equity security by multiplying the interest rate (expressed as a decimal pointdecimal) paid on the security as then most recently publicly available, by the most recent par value (or notational amount, as applicable) of that security, multiplied by the number of days from and including the first interest day of the accrual period in which the Bank Closing Date occurs, through up to, but not including, the Bank Closing Date.
Appears in 2 contracts
Samples: Purchase and Assumption Agreement (1st United Bancorp, Inc.), Purchase and Assumption Agreement (Fidelity Southern Corp)
Calculation of Accrued Interest for Securities. Accrued interest shall interestshall be calculated for a non-equity security by multiplying the interest rate (expressed as a decimal pointdecimal) paid on the security as then most recently publicly available, by the most recent par value (or notational amount, as applicable) of that security, multiplied by the number of days from and including the first interest day of the accrual period in which the Bank Closing Date occurs, through up to, but not including, the Bank Closing Date.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Heritage Financial Group Inc)
