INTEREST REVERSALS. 32.1. An accountholder may apply to the Municipality, in the prescribed form, for interest on an account to be reversed.
INTEREST REVERSALS Sample Clauses
Related to INTEREST REVERSALS
Reversals In the event that the Receiver purchases an Asset (and assumes the Related Liability) that it is not required to purchase pursuant to this Section 3.4, the Assuming Institution shall repurchase such Asset (and assume such Related Liability) from the Receiver at a price computed so as to achieve the same economic result as would apply if the Receiver had never purchased such Asset pursuant to this Section 3.4.
