Common use of Interest Reporting Clause in Contracts

Interest Reporting. From January 1 of the current calendar year through the Closing Date, Seller shall report all interest credited to, interest withheld from, and early withdrawal penalties charged to the Deposits. After the Closing Date and through the end of the calendar year in which the Closing occurs, Purchaser shall report all interest credited to, interest withheld from, and early withdrawal penalties charged to the Deposits. Said reports shall be made to the holders of the Deposits and to the applicable federal and state regulatory agencies.

Appears in 4 contracts

Samples: Purchase and Sale Agreement (First Nationwide Parent Holdings Inc), Purchase and Sale Agreement (First Nationwide Holdings Inc), Asset Purchase Agreement (Charter One Financial Inc)

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Interest Reporting. From January 1 of Seller shall report for the current calendar year up through and including the Closing Date all interest credited to, interest premiums paid, interest withheld and early withdrawal penalties charged to the Deposits which are to be assumed by Buyer as contemplated by this Agreement. Buyer shall report from but not including the Closing Date through the Closing Date, Seller shall report end of the calendar year all interest credited to, interest withheld from, and early withdrawal penalties charged to the Deposits. After the Closing Date and through the end of the calendar year in which the Closing occurs, Purchaser shall report all interest credited to, interest withheld from, and early withdrawal penalties charged to the DepositsDeposits assumed by Buyer. Said reports shall be made to the holders of the Deposits these accounts and to the applicable federal and state regulatory agencies.

Appears in 4 contracts

Samples: Agreement to Purchase Assets and Assume Liabilities (Bank Plus Corp), Agreement to Purchase Assets and Assume Liabilities (Bank Plus Corp), Agreement to Purchase Assets and Assume Liabilities (Bank Plus Corp)

Interest Reporting. From Seller shall report from January 1 of the current calendar year 1, 2000 through the Closing Date, Seller shall report Date all interest credited to, interest withheld from, and early withdrawal penalties charged to the DepositsBranch Deposits which are assumed by Purchaser under this Agreement. After Purchaser shall report from the day after the Closing Date and through the end of the calendar year in which the Closing occurs, Purchaser shall report all interest credited to, interest withheld from, and early withdrawal penalties charged to the DepositsBranch Deposits assumed by Purchaser. Said reports shall be made to the holders of the Deposits these accounts and to the applicable federal Federal and state State regulatory agencies.

Appears in 2 contracts

Samples: Purchase and Assumption Agreement (Community Capital Corp /Sc/), Purchase and Assumption Agreement (Community Capital Corp /Sc/)

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Interest Reporting. From January 1 of Seller shall report for the current calendar year through and including the Closing Date all interest credited to, interest premiums paid to, interest withheld from and early withdrawal penalties charged to the Assumed Liabilities. Buyer shall report from, but not including the Closing Date, Seller shall report through the end of the calendar year all interest credited to, interest withheld from, and early withdrawal penalties charged to the Deposits. After the Closing Date and through the end of the calendar year in which the Closing occurs, Purchaser shall report all interest credited to, interest withheld from, and early withdrawal penalties charged to the DepositsAssumed Liabilities. Said reports shall be made to the holders of the Deposits these accounts and to the applicable federal and state regulatory agencies.

Appears in 1 contract

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

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