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

Calculation of Sale Gain or Loss. For Shared-Loss Assets gain or loss on the sales under Section 4.1 will be calculated as the aggregate sales price received by the Assuming Institution less the aggregate book value of the remaining Shared-Loss Assets.

Appears in 67 contracts

Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement, Purchase and Assumption Agreement (Great Western Bancorp, Inc.)

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Calculation of Sale Gain or Loss. For Shared-Loss Assets gain or loss on the sales under Section 4.1 will be calculated as the aggregate sales sale price received by the Assuming Institution Bank less the aggregate book value of the remaining Shared-Loss Assets.

Appears in 46 contracts

Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement (FCB Financial Holdings, Inc.), Purchase and Assumption Agreement (FCB Financial Holdings, Inc.)

Calculation of Sale Gain or Loss. For Shared-Loss Assets gain or loss on the sales under Section 4.1 will be calculated as the aggregate sales sale price received by the Assuming Institution less the aggregate book value of the remaining Shared-Loss Assets.

Appears in 9 contracts

Samples: Purchase and Assumption Agreement (Bank of the Ozarks Inc), Purchase and Assumption Agreement (New York Community Bancorp Inc), Purchase and Assumption Agreement (Home Bancshares Inc)

Calculation of Sale Gain or Loss. For Shared-Loss Assets gain or loss on the sales under Section 4.1 will be calculated as the aggregate sales price received by the Assuming Institution less the aggregate book value of the remaining Shared-Loss Assets.. Module 1 β€” Whole Bank w/ Loss Share β€” P&A Wakulla Bank Version 2.09A Crawfordville, Florida October 1, 2010 140

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Home Bancshares Inc)

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Calculation of Sale Gain or Loss. For Shared-Loss Assets Assets, gain or loss on the sales under Section conducted pursuant to 4.1 will be calculated as the aggregate sales sale price received by the Assuming Institution Bank less the aggregate book value of the remaining Shared-Loss AssetsAssets included within the particular sale as reflected in the Accounting Records of the Assuming Bank as of the date of the Portfolio Sale.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (City National Corp)

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