Common use of Execution and Enforceability Clause in Contracts

Execution and Enforceability. This Agreement has been duly executed and delivered by the Assuming Institution and when this Agreement has been duly authorized, executed and delivered by the Corporation and the Receiver, this Agreement will constitute the legal, valid and binding obligation of the Assuming Institution, enforceable in accordance with its terms.

Appears in 403 contracts

Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement (Fulton Financial Corp), Purchase and Assumption Agreement (First Citizens Bancshares Inc /De/)

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Execution and Enforceability. This Agreement has been duly executed and delivered by the Assuming Institution Bank and when this Agreement has been duly authorized, executed and delivered by the Corporation and the Receiver, this Agreement will constitute the legal, valid and binding obligation of the Assuming InstitutionBank, enforceable in accordance with its terms.

Appears in 262 contracts

Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement (FCB Financial Holdings, Inc.), Purchase and Assumption Agreement (Bbva Compass Bancshares, Inc)

Execution and Enforceability. This Agreement has been duly executed and delivered by the Assuming Institution Bank and when this Agreement has been duly authorized, executed and delivered by the Corporation and the Receiver, this Agreement will constitute the legal, valid and binding obligation of the Assuming InstitutionBank, enforceable in accordance with its termstends.

Appears in 4 contracts

Samples: Purchase and Assumption Agreement (BankUnited, Inc.), Purchase and Assumption Agreement (BankUnited, Inc.), Purchase and Assumption Agreement (BankUnited, Inc.)

Execution and Enforceability. This Agreement has been duly executed and delivered by the Assuming Institution and when this Agreement has been duly authorized, executed and delivered by the Corporation and the Receiver, this Agreement will constitute the legal, valid and binding obligation of the Assuming Institution, enforceable in accordance with its terms. 11.

Appears in 3 contracts

Samples: Purchase and Assumption Agreement (New York Community Bancorp Inc), Purchase and Assumption Agreement (First NBC Bank Holding Co), Purchase and Assumption Agreement (WashingtonFirst Bankshares, Inc.)

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Execution and Enforceability. This Agreement has been duly executed and delivered by the Assuming Institution Bank and when this Agreement has been duly authorized, executed executed, and delivered by the Corporation and the Receiver, this Agreement will constitute the legal, valid and binding obligation of the Assuming InstitutionBank, enforceable in accordance with its terms.

Appears in 2 contracts

Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement

Execution and Enforceability. This Agreement has been duly executed and delivered by the Assuming Institution and when this Agreement has been duly authorized, executed and delivered by the Corporation and the Receiver, this Agreement will constitute the legal, valid and binding obligation of the Assuming Institution, enforceable in accordance with its terms.terms.β€Œ

Appears in 1 contract

Samples: Purchase and Assumption Agreement

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