Liquidating Account. The Holder acknowledges and agrees that the Government, upon acquisition of the Bank’s loan portfolio, shall make no further advances on the Liquidating Account Loan(s) and that unadvanced Liquidating Account Loan funds are hereby rescinded.
Appears in 2 contracts
Samples: Stock Redemption Agreement, Stock Redemption Agreement (North Pittsburgh Systems Inc)
Liquidating Account. The Holder acknowledges and agrees that the Government, upon acquisition of the Bank’s 's loan portfolio, shall make no further advances on the Liquidating Account Loan(s) and that unadvanced Liquidating Account Loan funds are hereby rescinded.
Appears in 1 contract
Samples: Stock Redemption Agreement (Citizens Communications Co)
Liquidating Account. The Holder acknowledges and agrees that the Government, upon acquisition of the Bank’s loan portfolio, shall make no further advances on the Liquidating Account Loan(s) and that the unadvanced Liquidating Account Loan funds are hereby rescinded.
Appears in 1 contract
Samples: Stock Redemption Agreement (Shenandoah Telecommunications Co/Va/)