Common use of Processing of Certain Items After Closing Clause in Contracts

Processing of Certain Items After Closing. A draft of the written practices and procedures under which Buyer and Seller shall handle all items (including, for example, automated clearing house and electronic funds transfer items) relating to the Assets and the Liabilities, which are presented or returned following the Closing Date, and any claims relating to such items are attached to this Agreement as Exhibit A, including certain other matters relating to consummation of the transactions contemplated hereby (the "Working Agreement"). As promptly as practicable following the execution of this Agreement, the parties agree to finalize the Working Agreement.

Appears in 3 contracts

Samples: Purchase and Assumption Agreement (Hubco Inc), Purchase and Assumption Agreement (Sun Bancorp Inc /Nj/), Purchase and Assumption Agreement (First Bancorp /Nc/)

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Processing of Certain Items After Closing. A draft of the written practices and procedures under which Buyer and Seller shall handle all items (including, for example, automated clearing house and electronic funds transfer items) relating to the Assets and the Liabilities, which are presented or returned following the Closing Date, and any claims relating to such items are attached to this Agreement as Exhibit AD, including certain other matters relating to consummation of the transactions contemplated hereby (the "Working Agreement"), the terms of which shall be incorporated herein and made a part of this Agreement. As promptly as practicable following the execution of this Agreement, the parties agree to finalize the Working Agreement.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Capital City Bank Group Inc)

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Processing of Certain Items After Closing. A draft of the written practices and procedures under which Buyer Purchaser and Seller shall handle all items (including, for example, automated clearing house and electronic funds transfer items) relating to the Assets transferred assets and the Deposit Liabilities, which are presented or returned following the Closing Effective Date, and any claims relating to such items are items, and certain other matters relating to the consummation of the transactions contemplated hereby is attached to this Agreement as Exhibit A, including certain other matters relating to consummation of the transactions contemplated hereby D (the "Working Agreement"). As promptly as practicable following the execution of this Agreement, the parties agree to finalize the Working Agreement.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Union Bankshares Corp)

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