Common use of INCOMING DEPOSITS AND MAIL Clause in Contracts

INCOMING DEPOSITS AND MAIL. In the event Seller receives after the Closing Date, a deposit, payment, legal process or mail with respect to the Assets or Deposits transferred to Buyer, Seller shall, at Seller's expense, mail such deposit, payment, legal process or other mail to Buyer within one (1) Business Day after receipt thereof at the address Buyer may from time to time designate.

Appears in 3 contracts

Samples: Agreement to Purchase (Bank Plus Corp), Agreement (Bank Plus Corp), Mortgage Loan Purchase Agreement (Bank Plus Corp)

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INCOMING DEPOSITS AND MAIL. In the event Seller receives receives, after the Closing Date, a deposit, payment, legal process or mail with respect to the Assets or Deposits transferred to BuyerAssumed Liabilities, Seller shall, at Seller's Buyer’s expense, mail such deposit, payment, legal process or other mail to Buyer within one five (15) Business Day Days after receipt thereof at the address Buyer may from time to time designatedesignate pursuant to the notice provisions herein.

Appears in 1 contract

Samples: Branch Purchase and Assumption Agreement (United Pan Am Financial Corp)

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