Overdrafts and Transitional Action. Overdrafts paid on the Deposit Accounts with respect to ledger dates after the Closing Date will be the responsibility and risk of BUYER. Overdrafts approved with respect to ledger dates prior to the Closing Date will be the responsibility and risk of SELLER.
Appears in 2 contracts
Samples: Office Purchase and Assumption Agreement (Isb Financial Corp/La), Office Purchase and Assumption Agreement (Isb Financial Corp/La)
Overdrafts and Transitional Action. Overdrafts paid on the Deposit Accounts with respect to ledger dates after the Closing Date will be the responsibility and risk of BUYERBuyer. Overdrafts approved with respect to ledger dates prior to the Closing Date will be the responsibility and risk of SELLERSeller.
Appears in 1 contract
Samples: Branch Purchase and Assumption Agreement (Banc Corp)
Overdrafts and Transitional Action. Overdrafts paid on the Deposit Accounts with respect to ledger dates after the Closing Date will be the responsibility and risk of BUYERPurchaser. Overdrafts approved with respect to ledger dates prior to the Closing Date will be the responsibility and risk of SELLERSeller.
Appears in 1 contract
Samples: Branch Purchase and Deposit Assumption Agreement (Nittany Financial Corp)
