Common use of Large Deposits Clause in Contracts

Large Deposits. Prior to the Closing, TARGET will provide PURCHASER -------------- with a list of all certificates of deposit or checking, savings or other deposits owned by persons who, to the Knowledge of the TARGET, had deposits aggregating more than $100,000 and a list of all certificates of deposit or checking, savings or other deposits owned by directors and officers of TARGET and the Bank and their affiliates in an amount aggregating more than $100,000 as of the last day of the calendar month immediately prior to the Closing.

Appears in 4 contracts

Samples: Merger Agreement (Abc Bancorp), Merger Agreement (Abc Bancorp), Merger Agreement (Abc Bancorp)

AutoNDA by SimpleDocs

Large Deposits. Prior to the Closing, TARGET will provide -------------- PURCHASER -------------- with a list of all certificates of deposit or checking, savings or other deposits owned by persons who, to the Knowledge of the TARGET, had deposits aggregating more than $100,000 and a list of all certificates of deposit or checking, savings or other deposits owned by directors and officers of TARGET and the TARGET Bank and their affiliates Affiliates in an amount aggregating more than $100,000 as of the last day of the calendar month immediately prior to the Closing.

Appears in 2 contracts

Samples: Merger Agreement (Abc Bancorp), Merger Agreement (Golden Isles Financial Holdings Inc)

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