Common use of Notices Regarding Leased Data Management Equipment Clause in Contracts

Notices Regarding Leased Data Management Equipment. The Assuming Institution shall (i) give written notice to the Receiver within the option period specified in Section 4.7(a) of its intent to accept or decline an assignment or sublease of all Leased Data Management Equipment and promptly accept an assignment or sublease of such Leased Data Management Equipment, and (ii) give written notice to the appropriate lessor(s) that it has accepted an assignment or sublease of any such Leased Data Management Equipment that is subject to a lease.

Appears in 79 contracts

Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement, Purchase and Assumption Agreement

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Notices Regarding Leased Data Management Equipment. The Assuming Institution shall will (i) give written notice to the Receiver within the option period specified in Section 4.7(a) of its intent election to accept or decline an assignment or sublease of all Leased Data Management Equipment and promptly accept an assignment or sublease of such that Leased Data Management Equipment, and (ii) give written notice to the appropriate lessor(s) that it has accepted an assignment or sublease of any such the Leased Data Management Equipment that is subject to a lease.

Appears in 3 contracts

Samples: Purchase and Assumption Agreement (Fulton Financial Corp), Purchase and Assumption Agreement, Purchase and Assumption Agreement (First Citizens Bancshares Inc /De/)

Notices Regarding Leased Data Management Equipment. The Assuming Institution shall (i) give written notice to the Receiver within the option period specified in Section 4.7(a) of its intent to accept or decline an assignment or sublease of all Leased Data Management Equipment and promptly accept an assignment or sublease of such Leased Data Management Equipment, and (ii) give written notice to the appropriate lessor(s) that it has accepted an assignment or sublease of any such Leased Data Management Equipment that is subject to a lease.. (c)

Appears in 1 contract

Samples: Purchase and Assumption Agreement (First NBC Bank Holding Co)

Notices Regarding Leased Data Management Equipment. The Assuming Institution shall will (i) give written notice to the Receiver within the option period specified in Section 4.7(a) of its intent election to accept or decline an assignment or sublease of all Leased Data Management Equipment and promptly accept an assignment or sublease of such that Leased Data Management Equipment, and (ii) give written notice to the appropriate lessor(s) that it has accepted an assignment or sublease of any such the Leased Data Management Equipment that is subject to t o a lease.

Appears in 1 contract

Samples: Purchase and Assumption Agreement

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Notices Regarding Leased Data Management Equipment. The Assuming Institution shall (i) give written notice to the Receiver within the option period specified in Section 4.7(a) of its intent to accept or decline an assignment or sublease of all Leased Data Management Equipment and promptly accept an assignment or sublease of such Leased Data Management Equipment, and (ii) give written notice to the appropriate lessor(s) that it has accepted an assignment or sublease of any such Leased Data Management Equipment that is subject to a lease.Data

Appears in 1 contract

Samples: Purchase and Assumption Agreement (WashingtonFirst Bankshares, Inc.)

Notices Regarding Leased Data Management Equipment. The Assuming Institution shall will (i) give written notice to the Receiver within the option period specified in Section 4.7(a) of its intent election to accept or decline an assignment or sublease of all ofall Leased Data Management Equipment and promptly accept an assignment or sublease of such that Leased Data Management Equipment, and (ii) give written notice to the appropriate lessor(s) that it has accepted an assignment or sublease of any such the Leased Data Management Equipment that is subject to a lease.

Appears in 1 contract

Samples: Purchase and Assumption Agreement

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