Common use of Calculation of Gain or Loss on Sale Clause in Contracts

Calculation of Gain or Loss on Sale. The gain or loss on sales conducted in accordance with the provisions of Section 4.1 will be calculated based on the gross sale price Module 1 – Whole Bank w/ Optional Shared Loss Agreements C-17 Summit Bank Version 3.1.1 – PURCHASE AND ASSUMPTION AGREEMENT Burlington, Washington April 27, 2011 received by the Assuming Institution less the Book Value of the Shared-Loss Assets which are sold.

Calculation of Gain or Loss on Sale. The gain or loss on sales conducted in accordance with the provisions of Section 4.1 will be calculated based on the gross sale price price Module 1 – Whole Bank w/ Optional Shared Loss Agreements C-17 Summit Bank Version 3.1.1 – PURCHASE AND ASSUMPTION COMMERCIAL SHARED-LOSS AGREEMENT Burlington, Washington April 27, 2011 0000 X-00 Xxx Xxxxxxx Xxxx Xxxxxxx, Xxxxxxx received by the Assuming Institution less the Book Value of the Shared-Loss Assets which are sold.

Calculation of Gain or Loss on Sale. The gain or loss on sales conducted in accordance with the provisions of Section 4.1 will be calculated based on the gross sale price Module 1 – Whole Bank w/ Optional Shared Loss Agreements C-17 Summit Bank Version 3.1.1 3.01 – PURCHASE AND ASSUMPTION COMMERCIAL SHARED-LOSS AGREEMENT BurlingtonDecember 8, Washington April 270000 X-00 Xxx Xxxx Xxxxxx Xxxx Xxxxxxxx, 2011 XX received by the Assuming Institution less the Book Value of the Shared-Loss Assets which are sold.

Calculation of Gain or Loss on Sale. The gain or loss on sales conducted in accordance with the provisions of Section 4.1 will be calculated based on the gross sale price Module 1 – Whole Bank w/ Optional Shared Loss Agreements C-17 Summit First Heritage Bank Version 3.1.1 – PURCHASE AND ASSUMPTION COMMERCIAL SHARED-LOSS AGREEMENT BurlingtonSnohomish, Washington April 27, 2011 received by the Assuming Institution less the Book Value of the Shared-Loss Assets which are sold.