LOSS OF BRANCH LOCATION Sample Clauses

LOSS OF BRANCH LOCATION. In the event that between the date hereof and the Closing Date, any Branch shall suffer a casualty loss such that, in the commercially reasonable opinion of Purchaser, such Branch may no longer be used as a bank branch, Purchaser may elect not to (A) (i) if the Branch is owned by FNB, acquire the Real Property associated with such Branch or (ii) if the Branch is leased by FNB, assume the Branch Lease associated with such Branch, (B) acquire the Fixed Assets and the Loans associated with such Branch and (C) assume the Deposit Liabilities of Customers whose accounts with respect to such Deposit Liabilities are maintained at such Branch. Notwithstanding any such election, Purchaser shall not be entitled to terminate this Agreement and Purchaser shall remain obligated to perform all of its obligations hereunder, including, without limitation, the assumption of the Deposit Liabilities (other than as provided in this Section 8.6) and the payment of the Purchase Price (adjusted to reflect the Purchased Assets and the Assumed Liabilities which Purchaser elects not to acquire or assume pursuant to this Section 8.6).
Sample 1
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Related to LOSS OF BRANCH LOCATION

  • Work Location While employed by the Company hereunder, the Executive shall perform his duties (when not traveling or engaged elsewhere in the performance of his duties) at the offices of the Company in Bermuda. The Executive shall travel to such places on the business of the Company in such manner and on such occasions as the Company may from time to time reasonably require.

  • Business Locations Set forth on Schedule 6.20(a) is a list of all Real Properties located in the United States that are owned or leased by the Loan Parties as of the Closing Date. Set forth on Schedule 6.20(b) is a list of all locations where any tangible personal property of a Loan Party is located as of the Closing Date. Set forth on Schedule 6.20(c) is the chief executive office, jurisdiction of incorporation or formation and principal place of business of each Loan Party as of the Closing Date.

  • Collateral Locations All of such Grantor’s locations where Collateral is located are listed on Exhibit A. All of said locations are owned by such Grantor except for locations (i) which are leased by the Grantor as lessee and designated in Part VII(b) of Exhibit A and (ii) at which Inventory is held in a public warehouse or is otherwise held by a bailee or on consignment as designated in Part VII(c) of Exhibit A.

  • Closing Location Linklaters LLP, Xxx Xxxx Xxxxxx, Xxxxxx XX0X 0XX, Xxxxxx Xxxxxxx. Name and address of Representative: Designated Representative: Barclays Capital Inc. Address for Notices: Barclays Capital Inc. 000 Xxxxxxx Xxxxxx Xxx Xxxx, XX 00000 Attn: Syndicate Registration

  • Current Locations (a) The chief executive office of each Grantor is located at the address set forth opposite its name below: Grantor Mailing Address County State

  • Office Location During the Term, the Executive's services hereunder shall be performed at the offices of the Company, which shall be within a twenty five (25) mile radius of New York, NY, subject to necessary travel requirements to the Company’s offices in Toronto, Canada and other MDC Group company locations in order to carry out his duties in connection with his position hereunder.

  • Property Locations (a) Provide to Administrative Agent at least ten (10) days’ prior written notice before adding any new offices or business or Collateral locations, including warehouses (unless such new offices or business or Collateral locations qualify as Excluded Locations).

  • Delivery Location The Aircraft shall be located at the agreed Delivery Location;

  • Prior Locations (a) Set forth in Schedule 3(a) is the information required by Schedule 2(a), Schedule 2(b) or Schedule 2(c) with respect to each location or place of business previously maintained by each Company at any time during the past four months.

  • Principal Location Such Grantor’s mailing address and the location of its place of business (if it has only one) or its chief executive office (if it has more than one place of business), are disclosed in Exhibit A; such Grantor has no other places of business except those set forth in Exhibit A.

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