Notices to Depositors. Communications to the Depositors must be addressed to: Ford Credit Floorplan Corporation and Ford Credit Floorplan LLC c/o Ford Motor Company World Headquarters, Xxxxx 000-X0 Xxx Xxxxxxxx Xxxx Xxxxxxxx, Xxxxxxxx 00000 Attention: Ford Credit SPE Management Office Telephone: (000) 000-0000 Email: XXXXXxx@xxxx.xxx with a copy to: Ford Motor Credit Company LLC Xxx Xxxxxxxx Xxxx Xxxxx 0000, Xxxxxx 000-000 Xxxxxxxx, Xxxxxxxx 00000 Attention: Corporate Secretary Telephone: (000) 000-0000 Fax: (000) 000-0000
Notices to Depositors. Seller shall provide Buyer an intermediate customer list of the Deposit accounts to be assumed by Buyer pursuant to this Agreement, together with a tape thereof, as of month-end prior to the scheduled Seller mailing referred to in Section 12.06(b) below. Seller shall provide Buyer a final customer list of the Deposits transferred as of the Closing Date pursuant to this Agreement with the data processing tapes.
(a) After receipt of all regulatory approvals and approval of Sobieski's shareholders and, with the concurrence of the OTS, at least five (5) Business Days before the Closing Date but only after the waiver or satisfaction of all conditions to Closing (other than deliveries), Seller shall mail notification to the holders of the Deposits to be assumed that, subject to closing requirements, Buyer will be assuming the liability for the Deposits. Provided however, such notice shall be given to the holders of IRAs at least 30 days prior to the Closing Date. The notification(s) will be based on the list referred to in Section 12.06(a) above and a listing maintained at the Home and Branch Offices of the new accounts opened since the date of said list. Seller shall provide Buyer with the documentation of said listing up to the date of Seller's mailing. Buyer shall send notification(s) to the same holders either together with Seller's mailing, in which case Buyer and Seller shall equally share the costs of such mailing and Buyer shall not delay the timing of such mailing, or within three (3) days after Seller's notification setting out the details of its administration of the assumed accounts. Each party shall obtain the approval of the other on its notification letter(s). Except as otherwise provided herein, each party will be responsible for the cost of its own mailing.
(b) At least five (5) Business Days before the Closing Date, Seller will prominently and continuously display a sign in the Home and Branch Office stating that they will be closed at 3:00 p.m. on the Closing Date.
(c) After the effective date of any mailing regarding account services by Buyer, Buyer will provide copies of such materials to Seller for distribution at the Home and Branch Offices at the time new services are acquired.
Notices to Depositors. Seller shall provide Buyer, as soon as practicable, with a customer list regarding the accounts to be assumed by Buyer as contemplated herein, together with data tapes. On the Closing Date, Seller shall provide Buyer a final customer list of the assumed accounts. At the time that Seller provides to Buyer the customer lists pursuant to this paragraph, Seller shall notify Buyer of any customer addresses which Seller is aware are invalid. As soon as practicable after receipt of all required regulatory approvals, Seller shall notify the holders of the Deposits to be assumed by Buyer that, subject to closing requirements, Buyer will be assuming the liability of the Deposits and will not continue services provided by Seller which are not routinely offered by Buyer. The notification will be based on the list and data tapes referred to in the preceding paragraph and a listing maintained at Seller's Branch of the new accounts opened since the date of the list. Buyer shall send notification to the same holders setting out the details of its administration of the assumed accounts. Each Party shall obtain the approval of the other of its notification letter(s), which approval shall not be unreasonably withheld or delayed.
Notices to Depositors. Within thirty (30) days after the Bank Closing Date, the Bridge Bank will give notice by mail to each depositor of the Failed Bank of the following, as reflected in the form notice attached as Exhibit 4.02(a):
(i) the assumption of the Assumed Deposits of the Failed Bank;
(ii) the procedures to claim Assumed Deposits to this Agreement;
(iii) the rate(s) of interest which the Bridge Bank has determined to pay and of each depositor’s right to withdraw funds without penalty as provided in Section 4.03; and
(iv) if the Bridge Bank proposes to charge fees different from those fees formerly charged by the Failed Bank, the Bridge Bank must include its fee schedule with its mailed notice.
Notices to Depositors. Seller shall provide Buyer with an intermediate customer list on the Deposit Liabilities together with information regarding those customers’ accounts as of a date that is mutually agreed to by Buyer and Seller and that is before the mailing referred to in this Section 12.6. At such time as shall be mutually agreeable to Buyer and Seller, but in no event later than thirty (30) calendar days before the anticipated Closing Date, Seller and Buyer shall notify, at Buyer’s expense, the holders of the Deposit Accounts that, subject to closing requirements, Buyer will be assuming liability for the Deposit Liabilities and Buyer shall disclose the details of Buyer’s administration of the assumed accounts following the Closing Time. Each party shall obtain the approval of the other on its notification letter and each party shall be solely responsible for any additional costs or expenses incurred by such party in performing the actions required by this Section 12.6. No communications by Buyer, and no communications by Seller, outside the ordinary course of business, to any customer shall be made before the Closing Date, except as provided in this Agreement or otherwise agreed to by the parties in writing.
Notices to Depositors. (a) The parties agree that within an agreed upon time frame following the receipt of all of the Government Approvals, Seller shall prepare and deliver a letter in form and substance satisfactory to Purchaser notifying all Depositors that Purchaser will assume the liability for the Deposit Accounts on the Closing Date, subject to the satisfaction of the conditions to Closing contained herein (“Seller’s Notice”). After Seller has delivered Seller’s Notice to all Depositors, but prior to the Closing Date, Purchaser shall prepare and deliver a letter to all Depositors, in form and substance satisfactory to Seller, setting out the details of Purchaser’s assumption and administration
Notices to Depositors. (i) Promptly after the Closing Date, the Company, at its own expense, will mail to all holders of Deposit Liabilities transferred pursuant to this Agreement who have statement accounts closing statements advising them that: (A) their balance (indicated on the statement) has been transferred to ALBANK as of the Closing Date, and (B) they should check the balances indicated and address any questions to ALBANK for resolution, provided that ALBANK shall have given its prior consent to the text of such release, such consent not to be unreasonably withheld.
(ii) ALBANK, with the Company's prior written consent (which shall not be unreasonably withheld), may, at its own expense, following receipt of all required regulatory approvals for the transactions contemplated herein, communicate with, and deliver information, brochures, bulletins, press releases and other communications to, depositors and borrowers of the Branches concerning the transactions contemplated by this Agreement and concerning the business and operations of ALBANK. The Company, if so requested by ALBANK, shall on behalf of ALBANK, and at ALBANK's expense, furnish such information and communications to depositors and borrowers in as reasonable a manner as practicable.
Notices to Depositors. Seller shall provide Buyer with an ------------------------ intermediate customer list on the Target Deposits together with information regarding those customers' accounts as of a date that is mutually agreed to by Buyer and Seller and which is prior to the mailing referred to in this Section 12.
Notices to Depositors. Seller shall provide Buyer, as soon as practicable, with a customer list regarding the accounts to be assumed by Buyer as contemplated hereby, together with data tapes. On the Closing Date, Seller shall provide Buyer a final customer list of the Assumed Liabilities. At the xxxx Xxxxxx provides to Buyer the customer lists pursuant to this Section 13.1, Seller shall notify Buyer of any customer addresses which Seller is aware are invalid. Within fourteen (14) Business Days following the Signature Date, Seller and Buyer shall notify the holders of the Assumed Liabilities’ accounts that, subject to Closing requirements, Buyer will assume liability for the Assumed Liabilities. Each Party shall obtain the approval of the other on its notification letter, and each Party shall be solely responsible for any costs or expenses incurred in performing the actions required by this Section 13.1.
Notices to Depositors. Seller shall provide Purchaser with a customer list (on paper and on a computer medium acceptable to Purchaser) of the Deposit Accounts to be assumed as of forty-five (45) days prior to the Closing. On the Closing Date, Seller shall provide a final customer list (on paper and on a computer medium acceptable to Purchaser) of the Seller Deposit Liabilities. With Seller's prior consent (which shall not be unreasonably withheld), Purchaser may, prior to the Closing, communicate and mail information, brochures, bulletins, press release, and other communications to depositors of the Seller Office concerning the business and operations of Purchaser.
