DUTIES WITH RESPECT TO DEPOSITORS OF THE Sample Clauses

DUTIES WITH RESPECT TO DEPOSITORS OF THE. FAILED BANK 23 5.1 Payment of Checks, Drafts and Orders 23 5.2 Certain Agreements Related to Deposits 24 5.3 Notice to Depositors 24 ARTICLE VI RECORDS 24 6.1 Transfer of Records 24 6.2 Delivery of Assigned Records 25 6.3 Preservation of Records 25 6.4 Access to Records; Copies 25 ARTICLE VII FIRST LOSS TRANCHE 26 ARTICLE VIII ADJUSTMENTS 26 8.1 Pro Forma Statement 26 8.2 Correction of Errors and Omissions; Other Liabilities 8.3 Payments 27 8.4 Interest 27 8.5 Subsequent Adjustments 27 ARTICLE IX CONTINUING COOPERATION 28 9.1 General Matters 28 9.2 Additional Title Documents 28 9.3 Claims and Suits 28 9.4 Payment of Deposits 28 9.5 Withheld Payments 29 9.6 Proceedings with Respect to Certain Assets and Liabilities 29 9.7 Information 30 ARTICLE X CONDITION PRECEDENT 30 ARTICLE XI REPRESENTATIONS AND WARRANTIES OF THE ASSUMING BANK 30 ARTICLE XII INDEMNIFICATION 31 12.1 Indemnification of Indemnitees 31 12.2 Conditions Precedent to Indemnification 34 12.3 No Additional Warranty 35 12.4 Indemnification of Corporation and Receiver 35 12.5 Obligations Supplemental 35
Sample 1Sample 2Sample 3See All (36)
AutoNDA by SimpleDocs
DUTIES WITH RESPECT TO DEPOSITORS OF THE. FAILED BANK 29 5.1 Payment of Checks, Drafts, Orders and Deposits 29 5.2 Certain Agreements Related to Deposits 29 5.3 Notice to Depositors 29 ARTICLE VI. RECORDS 30 6.1 Transfer of Failed Bank Records 30
Sample 1Sample 2Sample 3See All (32)
DUTIES WITH RESPECT TO DEPOSITORS OF THE. FAILED BANK 26 5.1 Payment of Checks, Drafts, Orders and Deposits 26 5.2 Certain Agreements Related to Deposits 27 5.3 Notice to Depositors 27
Sample 1Sample 2Sample 3See All (25)
DUTIES WITH RESPECT TO DEPOSITORS OF THE. FAILED BANK
Sample 1Sample 2Sample 3See All (12)
DUTIES WITH RESPECT TO DEPOSITORS OF THE. FAILED BANK 27 5.1 Payment of Checks, Drafts and Orders 27 5.2 Certain Agreements Related to Deposits 28 5.3 Notice to Depositors 28 ARTICLE VI RECORDS 28 6.1 Transfer of Records 28 6.2 Delivery of Assigned Records 28 6.3 Preservation of Records 29 6.4 Access to Records; Copies 29 ARTICLE VII BID; INITIAL PAYMENT 30
Sample 1See All (6)
DUTIES WITH RESPECT TO DEPOSITORS OF THE. FAILED BANK 10 5.1 Payment of Checks, Drafts and Orders 10 5.2 Certain Agreements Related to Deposits 11 5.3 Notice to Depositors 11 ARTICLE VI INITIAL PAYMENT 12 ARTICLE VII ADJUSTMENTS 12 7.1 New Schedule 12 7.2 Correction of Errors and Omissions 12 7.3 Payments 13 7.4 Interest 13 ARTICLE VIII CONDITION PRECEDENT 13
Sample 1Sample 2
DUTIES WITH RESPECT TO DEPOSITORS OF THE. FAILED BANK 33 5.1 Payment of Checks, Drafts, Orders and Deposits. 33 Version 13 2 - PURCHASE AND ASSUMPTION AGREEMENT 8.4 Interest 38 8.5 Subsequent Adjustments 38 ARTICLE IX. CONTINUING COOPERATION 38 9.1 General Matters 38 9.2 Additional Title Documents 38 9.3 Claims andSuits 39 9.4 Payment of Deposits 39 9.5 Withheld Payments 40 9.6 Proceedings with Respect to Certain Assets and Liabilities 40 9.7 Information 41 9.8 Tax Ruling 41 9.9 Limited Power of Attorney 41 ARTICLE X. CONDITION PRECEDENT 41
Sample 1
AutoNDA by SimpleDocs
DUTIES WITH RESPECT TO DEPOSITORS OF THE. PURCHASED BRANCH
Sample 1

Related to DUTIES WITH RESPECT TO DEPOSITORS OF THE

  • Agreement with Respect to Administration The Assuming Bank shall (and shall cause any of its Affiliates to which the Assuming Bank transfers any Single Family Shared- Loss Loans to) manage, administer, and collect the Single Family Shared-Loss Loans while owned by the Assuming Bank or any Affiliate thereof during the term of this Single Family Shared-Loss Agreement in accordance with the rules set forth in this Article III. The Assuming Bank shall be responsible to the Receiver in the performance of its duties hereunder and shall provide to the Receiver such reports as the Receiver reasonably deems advisable, including but not limited to the reports required by Sections 2.1, 2.2 and 3.3 hereof, and shall permit the Receiver to monitor the Assuming Bank’s performance of its duties hereunder.

  • Agreement with Respect to Trust Business (a) The Assuming Institution shall, without further transfer, substitution, act or deed, to the full extent permitted by law, succeed to the rights, obligations, properties, assets, investments, deposits, agreements, and trusts of the Failed Bank under trusts, executorships, administrations, guardianships, and agencies, and other fiduciary or representative capacities, all to the same extent as though the Assuming Institution had assumed the same from the Failed Bank prior to Bank Closing; provided, that any liability based on the misfeasance, malfeasance or nonfeasance of the Failed Bank, its directors, officers, employees or agents with respect to the trust business is not assumed hereunder.

  • Proceedings with Respect to Certain Assets and Liabilities (a) In connection with any investigation, proceeding or other matter with respect to any asset or liability of the Failed Bank retained by the Receiver, or any asset of the Failed Bank acquired by the Receiver pursuant to this Agreement, the Assuming Institution shall cooperate to the extent reasonably required by the Receiver.

  • Agreement with Respect to Safe Deposit Business The Assuming Institution assumes and agrees to discharge, from and after Bank Closing, in the usual course of conducting a banking business, the duties and obligations of the Failed Bank with respect to all Safe Deposit Boxes, if any, of the Failed Bank and to maintain all of the necessary facilities for the use of such boxes by the renters thereof during the period for which such boxes have been rented and the rent therefore paid to the Failed Bank, subject to the provisions of the rental agreements between the Failed Bank and the respective renters of such boxes; provided, that the Assuming Institution may relocate the Safe Deposit Boxes of the Failed Bank to any office of the Assuming Institution located in the trade area of the Failed Bank. The Safe Deposit Boxes shall be located and maintained in the trade area of the Failed Bank for a minimum of one year from Bank Closing. The trade area shall be determined by the Receiver. Fees related to the safe deposit business earned prior to the Bank Closing Date shall be for the benefit of the Receiver and fees earned after the Bank Closing Date shall be for the benefit of the Assuming Institution.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!