Common use of Loan Collections Clause in Contracts

Loan Collections. Buyer and Seller shall make appropriate arrangements with each other to provide for settlement by the party receiving payments of all payments of any kind made in relation to the Loans which are presented to a party after the Closing and with regard to loans which are owned by the other party. These arrangements shall be performed by both parties in good faith prior to and after the Closing.

Appears in 4 contracts

Samples: Branch Purchase Agreement (German American Bancorp, Inc.), Purchase and Assumption Agreement (Peoples Community Bancorp Inc /Md/), Purchase and Assumption Agreement (First Financial Bancorp /Oh/)

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Loan Collections. Buyer and Seller shall make appropriate arrangements with each other to provide for settlement by the party receiving payments of all payments of any kind made in relation to the Assigned Loans which that are presented to a party after the Closing and with regard to loans which that are owned by the other party. These arrangements shall be performed by both parties in good faith prior to and after the Closing.

Appears in 2 contracts

Samples: Purchase and Assumption Agreement (United Community Financial Corp), Purchase and Assumption Agreement (Croghan Bancshares Inc)

Loan Collections. Buyer and Seller shall make appropriate arrangements with each other to provide for settlement by the party receiving payments of all payments of any kind made in relation to the Loans which that are presented to a party after the Closing and with regard to loans which that are owned by the other party. These arrangements shall be performed by both parties in good faith prior to and after the Closing.

Appears in 1 contract

Samples: Branch Purchase and Sale Agreement (PSB Holdings Inc /Wi/)

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Loan Collections. Buyer and Seller shall make appropriate arrangements with each other to provide for settlement by the party receiving payments of all payments of any kind made in relation to the Loans which are presented to a party after the Closing and with regard to loans which are owned by the other party. These arrangements shall be performed by both parties in good faith prior to and after the Closing.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Peoples Community Bancorp Inc /Md/)

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