Depositors' Rights. The Buyer and the Seller understand and agree that all transfers to the Buyer of Assumed Deposits are subject to the individual depositors' continuing rights to withdraw, and the Seller makes no representation or warranty to the Buyer concerning the continuing maintenance of such deposits at the Branches.
Appears in 2 contracts
Samples: Branch Purchase and Assumption Agreement (Capital Corp of the West), Branch Purchase and Assumption Agreement (Pacific Capital Bancorp)
Depositors' Rights. The Buyer and the Seller understand and agree that all transfers to the Buyer of Assumed Deposits are subject to the individual depositors' continuing rights to withdraw, and the Seller makes no representation or warranty to the Buyer concerning the continuing maintenance of such deposits at the BranchesBranch.
Appears in 2 contracts
Samples: Branch Purchase and Assumption Agreement (Redding Bancorp), Branch Purchase and Assumption Agreement (North Valley Bancorp)
Depositors' Rights. The Buyer and the Seller understand and agree that all transfers to the Buyer of Assumed Deposits are subject to the individual depositors' ’ continuing rights to withdraw, and the Seller makes no representation or warranty to the Buyer concerning the continuing maintenance of such deposits at the Branches.
Appears in 1 contract
Samples: Branch Purchase and Assumption Agreement (Heritage Oaks Bancorp)
