Common use of Deposit Liabilities Clause in Contracts

Deposit Liabilities. Seller agrees to assign to Purchaser, and Purchaser agrees to assume on the Determination Date all obligations and liabilities of Seller to be performed, satisfied, and discharged on and after the Determination Date with respect to Deposits carried on the books of the Branches and existing at the Determination Date and owed to the person, corporations and other entities (including Deposits held by Individual Retirement Accounts) named as the respective depositors in the books of the Branches at the Determination Date, including, without limitation, (a) all demand deposits, but excluding outstanding cashier's checks, other official checks of Seller, and (b) all time and savings deposits, including accrued and unpaid interest thereon computed through the Determination Date, but excluding any brokered certificates of deposits of Seller (the items included in (a) and (b) above being collectively, the "Deposits"). The term "Deposits" shall not include deposit accounts, if any, that, by law or contract, cannot either be transferred by Seller or assumed by Purchaser. Seller also agrees to transfer to Purchaser all signature cards, deposit contracts, canceled checks and other records required to be retained related to the Deposits in the possession of Seller.

Deposit Liabilities. Seller agrees to assign to Purchaser, and Purchaser agrees to assume on the Determination Date all obligations and liabilities of Seller to be performed, satisfied, and discharged on and after the Determination Date with respect to Deposits carried on the books of the Branches and existing at the Determination Date and owed to the person, corporations and other entities (including Deposits held by Individual Retirement Accounts) named as the respective depositors in the books of the Branches at the Determination Date, including, without limitation, (a) all demand deposits, but excluding outstanding cashier's ’s checks, other official checks of Seller, and (b) all time and savings deposits, including accrued and unpaid interest thereon computed through the Determination Date, but excluding any brokered certificates of deposits of Seller (the items included in (a) and (b) above being collectively, the "“Deposits"”). The term "“Deposits" ” shall not include deposit accounts, if any, that, by law or contract, cannot either be transferred by Seller or assumed by Purchaser. Seller also agrees to transfer to Purchaser all signature cards, deposit contracts, canceled checks and other records required to be retained related to the Deposits in the possession of Seller.

Deposit Liabilities. Seller agrees to assign to Purchaser, and Purchaser agrees to assume on the Determination Date Date, all obligations and liabilities of Seller to be performed, satisfied, and discharged on and after the Determination Date with respect to Deposits carried on the books of the Branches Branch and existing at the Determination Date and owed to the personpersons, corporations and other entities (including Deposits held by Individual Retirement Accounts) named as the respective depositors in the books of the Branches Branch at the Determination Date, including, without limitation, (a) all demand deposits, but excluding outstanding cashier's checks, ’s checks and other official checks of Seller, and (b) all time and savings deposits, including accrued and unpaid interest thereon computed through the Determination Date, but excluding any brokered certificates of deposits of Seller (the items included in (a) and (b) above being collectively, the "“Deposits"”). The term "“Deposits" ” shall not include deposit accounts, if any, that, by law or contract, cannot either be transferred by Seller or assumed by Purchaser. Seller also agrees to transfer to Purchaser all signature cards, deposit contracts, canceled checks and other records required to be retained related to the Deposits in the possession of Seller.

Deposit Liabilities. Seller agrees to assign to Purchaser, and Purchaser agrees to assume on the Determination Closing Date all obligations and liabilities of Seller to be performed, satisfied, and discharged on and after the Determination Closing Date with respect to Deposits carried on the books of the Branches and existing at the Determination Date and owed to the personpersons, corporations and other entities (including Deposits held by Individual Retirement Accounts) named as the respective depositors in the books of the Branches at the Determination Date, including, without limitation, (a) all demand deposits, but excluding outstanding cashier's checks, checks and other official checks of Seller, and (b) all time and savings deposits, including accrued and unpaid interest thereon computed through the Determination Date, but excluding any brokered certificates of deposits of Seller Date (the items included in (a) and (b) above being collectively, the "Deposits"). The term "Deposits" shall not include deposit accounts, if any, that, by law or contract, cannot either be transferred by Seller or assumed by Purchaser. Seller also agrees to transfer to Purchaser all signature cards, deposit contracts, canceled checks and other records required to be retained related to the Deposits in the possession of SellerSeller or which Seller is able to obtain, using its best efforts, from Bank of America National Bank and Trust Company.

Deposit Liabilities. Seller agrees to assign to Purchaser, and Purchaser agrees to assume on the Determination Date Date, all obligations and liabilities of Seller to be performed, satisfied, and discharged on and after the Determination Date with respect to Deposits carried on the books of the Branches Branch and existing at the Determination Date and owed to the personpersons, corporations and other entities (including Deposits held by Individual Retirement Accounts) named as the respective depositors in the books of the Branches Branch at the Determination Date, including, without limitation, (a) all demand deposits, but excluding outstanding cashier's checks, checks and other official checks of Seller, and (b) all time and savings deposits, including accrued and unpaid interest thereon computed through the Determination Date, but excluding any brokered certificates of deposits of Seller (the items included in (a) and (b) above being collectively, the "Deposits"). The term "Deposits" shall not include deposit accounts, if any, that, by law or contract, cannot either be transferred by Seller or assumed by Purchaser. Seller also agrees to transfer to Purchaser all signature cards, deposit contracts, canceled checks and other records required to be retained related to the Deposits in the possession of Seller.