Covered Gain Payments by the Assuming Institution. If the result of the calculation described in Section 2.3(a) is a negative amount (the “Covered Gain”), the Assuming Institution shall pay such amount to the Receiver.
Appears in 29 contracts
Samples: Purchase and Assumption Agreement (FCB Financial Holdings, Inc.), Purchase and Assumption Agreement (Talmer Bancorp, Inc.), Purchase and Assumption Agreement (Talmer Bancorp, Inc.)
Covered Gain Payments by the Assuming Institution. If the result of the calculation described in Section 2.3(a) is a negative amount (the “Covered Gain”), the Assuming Institution shall pay such amount to the Receiver.
Appears in 27 contracts
Samples: Purchase and Assumption Agreement (FCB Financial Holdings, Inc.), Purchase and Assumption Agreement (Talmer Bancorp, Inc.), Purchase and Assumption Agreement (Talmer Bancorp, Inc.)
Covered Gain Payments by the Assuming Institution. If the result of the calculation described in Section 2.3(a2.3(a)(i) is a negative amount (the “Covered Gain”), the Assuming Institution shall pay the Applicable Percentage of such amount to the Receiver.
Appears in 8 contracts
Samples: Purchase and Assumption Agreement (HCBF Holding Company, Inc.), Purchase and Assumption Agreement (Hilltop Holdings Inc.), Purchase and Assumption Agreement (Fidelity Southern Corp)
Covered Gain Payments by the Assuming Institution. If the result of the calculation described in Section 2.3(a2.3(a)(i) is a negative amount (the “Covered Gain”), the Assuming Institution shall pay the Applicable Percentage of such amount to the Receiver.
Appears in 5 contracts
Samples: Purchase and Assumption Agreement (Hilltop Holdings Inc.), Purchase and Assumption Agreement (CenterState Banks, Inc.), Purchase and Assumption Agreement (Ameris Bancorp)
Covered Gain Payments by the Assuming Institution. If the result of the calculation described in Section 2.3(a) is a negative amount (the “Covered Gain”), the Assuming Institution shall pay an amount equal to the Applicable Percentage of such amount Covered Gain to the Receiver.
Appears in 3 contracts
Samples: Shared Loss Agreement (First Citizens Bancshares Inc /De/), Shared Loss Agreement, Single Family Shared Loss Agreement
Covered Gain Payments by the Assuming Institution. If the result of the calculation described in Section 2.3(a) is a negative amount (the “"Covered Gain”"), the Assuming Institution shall pay such amount to the Receiver.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Great Southern Bancorp Inc)
Covered Gain Payments by the Assuming Institution. If the result of the calculation described in Section 2.3(a) is a negative amount (the “"Covered Gain”"), the Assuming Institution shall pay such amount to the Receiver.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Great Southern Bancorp Inc)
