Notification of Customers. Purchaser and Seller shall take such actions required by law or regulation to notify customers, creditors or depositors of the Branch of the transfers and assumptions to be effected pursuant to this Agreement. Purchaser and Seller shall work together to develop the contents of any such notifications and shall issue any such notifications, at Seller's expense, after all regulatory approvals have been obtained (or as otherwise mutually agreed to by the parties or required by applicable laws and regulations) but prior to the Closing.
Appears in 2 contracts
Samples: Purchase and Assumption Agreement (Sound Financial, Inc.), Purchase and Assumption Agreement (Sound Financial, Inc.)
Notification of Customers. Purchaser and Seller shall take such actions required by law or regulation to notify customers, creditors or depositors of the Branch Branches of the transfers and assumptions to be effected pursuant to this Agreement. Purchaser and Seller shall work together to develop the contents of any such notifications and shall issue any such notifications, at Seller's ’s expense, after all regulatory approvals have been obtained (or as otherwise mutually agreed to by the parties or required by applicable laws and regulations) but prior to the Closing.. The following specific notifications shall be provided:
Appears in 2 contracts
Samples: Purchase and Assumption Agreement (Pab Bankshares Inc), Purchase and Assumption Agreement (Heritage Financial Group)
Notification of Customers. Purchaser and Seller shall take such actions required by law or regulation to notify customers, creditors or depositors of the Branch of the transfers and assumptions to be effected pursuant to this Agreement. Purchaser and Seller shall work together to develop the contents of any such notifications and shall issue any such notifications, at Seller's Purchaser’s expense, after all regulatory approvals have been obtained (or as otherwise mutually agreed to by the parties or required by applicable laws and regulations) but prior to the Closing.. The following specific notifications shall be provided:
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Heritage Financial Group Inc)
Notification of Customers. Purchaser and Seller shall take such actions required by law or regulation to notify customers, creditors or depositors of the Branch of the transfers and assumptions to be effected pursuant to this Agreement. Purchaser and Seller shall work together to develop the contents of any such notifications and shall issue any such notifications, at Seller's ’s expense, after all regulatory approvals have been obtained (or as otherwise mutually agreed to by the parties or required by applicable laws and regulations) but prior to the Closing.. The following specific notifications shall be provided:
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Heritage Financial Group)
Notification of Customers. Purchaser and Seller shall take such actions required by law or regulation to notify customers, creditors or depositors of the Branch of the transfers and assumptions to be effected pursuant to this Agreement. Purchaser and Seller shall work together to develop the contents of any such notifications and shall issue any such notifications, at Seller's joint expense, after all regulatory approvals have been obtained (or as otherwise mutually agreed to by the parties or required by applicable laws and regulations) but prior to the Closing.. The following specific notifications shall be provided:
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Beacon Federal Bancorp, Inc.)
