Common use of INTERIM ASSET SERVICING ARRANGEMENT Clause in Contracts

INTERIM ASSET SERVICING ARRANGEMENT. (a) With respect to each asset or liability designated from time to time by the Receiver to be serviced by the Assuming Institution pursuant to this Arrangement, including any assets or liabilities sold or conveyed by the Receiver to any party other than the Assuming Institution (any such party, a “Successor Owner”) but with respect to which the Receiver has an obligation to service or provide servicing support (such assets and liabilities, the "Pool Assets"), during the term of this Arrangement the Assuming Institution shall, with respect to the Pool Assets:

Appears in 63 contracts

Samples: Purchase and Assumption Agreement (Polonia Bancorp), Purchase and Assumption Agreement (Bank of the Ozarks Inc), Purchase and Assumption Agreement

AutoNDA by SimpleDocs

INTERIM ASSET SERVICING ARRANGEMENT. (a) With respect to each asset or liability designated from time to time by the Receiver to be serviced by the Assuming Institution pursuant to this Arrangement, including any assets or liabilities sold or conveyed by the Receiver to any party other than the Assuming Institution (any such party, a “Successor Owner”) but with respect to which the Receiver has an obligation to service or provide servicing support (such assets and liabilities, the "Pool Assets"), during the term of this Arrangement the Assuming Institution shall, with respect to the Pool Assets:

Appears in 19 contracts

Samples: Purchase and Assumption Agreement (Talmer Bancorp, Inc.), Purchase and Assumption Agreement (State Bank Financial Corp), Purchase and Assumption Agreement (First Citizens Bancshares Inc /De/)

AutoNDA by SimpleDocs

INTERIM ASSET SERVICING ARRANGEMENT. (a) With respect to each asset or liability designated from time to time by the Receiver theReceiver to be serviced by the Assuming Institution pursuant to this Arrangement, including any assets or liabilities sold or conveyed by the Receiver to any party other than the Assuming Institution (any such party, a "Successor Owner") but with respect to which the Receiver has an obligation to service or provide servicing support (such assets and liabilities, the "Pool Assets"), during the term of this Arrangement the Assuming Institution shall, with respect to the Pool Assets:

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Customers Bancorp, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!