Common use of Limitations On Assumption of Liabilities Clause in Contracts

Limitations On Assumption of Liabilities. The parties agree that Purchaser shall assume only the Assumed Liabilities. Purchaser assumes no other liabilities of Seller or Seller's banking operations.

Appears in 3 contracts

Samples: Purchase and Assumption Agreement (Heritage Financial Group Inc), Purchase and Assumption Agreement (Heritage Financial Group), Purchase and Assumption Agreement (Pab Bankshares Inc)

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Limitations On Assumption of Liabilities. The parties agree that Purchaser shall assume only the Assumed Liabilities. Purchaser assumes no other liabilities of the Seller or Seller's banking operations.

Appears in 2 contracts

Samples: Purchase and Assumption Agreement (Sound Financial, Inc.), Purchase and Assumption Agreement (Sound Financial, Inc.)

Limitations On Assumption of Liabilities. The parties agree that Purchaser shall assume only the Assumed Liabilities. Purchaser assumes no other liabilities of Seller or Seller's ’s banking operations.

Appears in 1 contract

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

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Limitations On Assumption of Liabilities. The parties agree that Purchaser shall assume only the Assumed Liabilities. Purchaser assumes no other liabilities of the Seller or Seller's banking operations.. ARTICLE II

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Heritage Financial Group)

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