Common use of Interest on Accounts Assumed Clause in Contracts

Interest on Accounts Assumed. Purchaser agrees to pay interest on all interest bearing Deposits assumed by it in accordance with the terms thereof at the declared rate established by Seller, subject to the individual contracts relating to such Deposits and Purchaser's right to change applicable interest rates as permitted or required by law.

Interest on Accounts Assumed. Purchaser agrees to pay interest on all interest bearing Deposits assumed by it in accordance with the terms thereof at the declared rate established by Seller, subject to the individual contracts relating to such Deposits and Purchaser's ’s right to change applicable interest rates as permitted or required by law.

Interest on Accounts Assumed. Purchaser Purchaser' agrees to pay interest on all interest bearing Deposits assumed by it in accordance with the terms thereof at the declared rate established by Seller, subject to the individual contracts relating to such Deposits and Purchaser's right to change applicable interest rates as permitted or required by law.