Common use of Payment of Checks, Drafts and Orders Clause in Contracts

Payment of Checks, Drafts and Orders. Subject to Section 9.5, the Assuming Bank agrees to pay all properly drawn checks, drafts and withdrawal orders of depositors of the Failed Bank presented for payment, whether drawn on the check or draft forms provided by the Failed Bank or by the Assuming Bank, to the extent that the Deposit balances to the credit of the Module 1 Whole Bank w/ Loss Share – P&A Version 1.08 July 24, 0000 XXXXXX XXXX XXXXX XXXX, XXXX respective makers or drawers assumed by the Assuming Bank under this Agreement are sufficient to permit the payment thereof, and in all other respects to discharge, in the usual course of conducting a banking business, the duties and obligations of the Failed Bank with respect to the Deposit balances due and owing to the depositors of the Failed Bank assumed by the Assuming Bank under this Agreement.

Payment of Checks, Drafts and Orders. Subject to Section 9.5, the Assuming Bank Institution agrees to pay all properly drawn checks, drafts and withdrawal orders of depositors of the Failed Bank presented for payment, whether drawn on the check or draft forms provided by the Failed Bank or by the Assuming BankInstitution, to the extent that the Deposit balances to the credit of the Module 1 — Whole Bank w/ Loss Share – — P&A Bayside Savings Bank Version 1.08 2.07 Port Saint Xxx, Florida July 2430, 0000 XXXXXX XXXX XXXXX XXXX, XXXX 2010 credit of the respective makers or drawers assumed by the Assuming Bank Institution under this Agreement are sufficient to permit the payment thereof, and in all other respects to discharge, in the usual course of conducting a banking business, the duties and obligations of the Failed Bank with respect to the Deposit balances due and owing to the depositors of the Failed Bank assumed by the Assuming Bank Institution under this Agreement.

Payment of Checks, Drafts and Orders. Subject to Section 9.5, the Assuming Bank agrees to pay all properly drawn checks, drafts and withdrawal orders of depositors of the Failed Bank presented for payment, whether drawn on the check or draft forms provided by the Failed Bank or by the Assuming Bank, to the extent that the Deposit balances to the credit of the the Module 1 — Whole Bank w/ Loss Share – — P&A Version 1.08 1.07 July 2414, 0000 XXXXXX XXXXXXXXX XXXXXXX XXXX XXXXX XXXXXXXXXXXXXXXXX, XXX XXXX respective makers or drawers assumed by the Assuming Bank under this Agreement are sufficient to permit the payment thereof, and in all other respects to discharge, in the usual course of conducting a banking business, the duties and obligations of the Failed Bank with respect to the Deposit balances due and owing to the depositors of the Failed Bank assumed by the Assuming Bank under this Agreement.

Payment of Checks, Drafts and Orders. Subject to Section 9.5, the Assuming Bank Institution agrees to pay all properly drawn checks, drafts and withdrawal orders of depositors of the Failed Bank presented for payment, whether drawn on the check or draft forms provided by Module 1 — Whole Bank w/ Loss Share — P&A Version 2.07 July 30, 0000 Xxxxxxx Xxxxxxxxx Xxxx Xxxxxx Xxxx Xxxxx, XX the Failed Bank or by the Assuming BankInstitution, to the extent that the Deposit balances to the credit of the Module 1 Whole Bank w/ Loss Share – P&A Version 1.08 July 24, 0000 XXXXXX XXXX XXXXX XXXX, XXXX the respective makers or drawers assumed by the Assuming Bank Institution under this Agreement are sufficient to permit the payment thereof, and in all other respects to discharge, in the usual course of conducting a banking business, the duties and obligations of the Failed Bank with respect to the Deposit balances due and owing to the depositors of the Failed Bank assumed by the Assuming Bank Institution under this Agreement.