Common use of Effectiveness of Agreement Pending Dispute Clause in Contracts

Effectiveness of Agreement Pending Dispute. Notwithstanding anything in this Agreement to the contrary, in the event that a Notice of Dispute is provided to a party under this Article 7 prior to the Termination Date, the terms of this Agreement shall remain in effect with respect to the items set forth in such notice until the dispute with respect to such items has been finally resolved, and such dispute shall be resolved in accordance with the provisions of this Agreement even if that resolution occurs after the Termination Date.

Appears in 40 contracts

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

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Effectiveness of Agreement Pending Dispute. Notwithstanding anything in any provision of this Agreement to the contrary, in the event that a Notice of Preliminary Dispute is provided to a party under Party pursuant to this Article 7 prior to the Coverage Termination Date, the terms of this Agreement shall remain in effect with respect to the items Dispute Items set forth in such notice Notice of Preliminary Dispute until the dispute with respect to such items has Dispute Items have been finally resolved, and such dispute shall be resolved in accordance with the provisions of this Agreement even if that resolution occurs after the Termination Date.

Appears in 3 contracts

Samples: Shared Loss Agreement (First Citizens Bancshares Inc /De/), Shared Loss Agreement, Single Family Shared Loss Agreement

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