Purchase Price for Securities. The purchase price for any security (other than the capital stock of any Acquired Subsidiary and Federal Home Loan Bank stock) purchased under Section 3.1 by the Assuming Institution shall consist of the market price (as defined below) of the security as of the Bank Closing Date, multiplied by the bank’s ownership interest in the security (see Calculation of Purchase Price below) and shall include accrued interest, where applicable, as noted below.
Appears in 39 contracts
Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement, Purchase and Assumption Agreement
Purchase Price for Securities. The purchase price for of any security (other than the capital stock of any Acquired Subsidiary and Subsidiary, Federal Home Loan Bank stock, repossessed securities, and any Qualified Financial Contract that constitutes a security) purchased under Section 3.1 by the Assuming Institution shall consist consists of the market price (as defined below) of the security as of the Bank Closing Date, multiplied by the bank’s Failed Bank's ownership interest in the security (see Calculation of Purchase Price below) and shall include includes accrued interest, where applicable, as noted below.
Appears in 4 contracts
Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement, Purchase and Assumption Agreement
Purchase Price for Securities. The purchase price for any security (other than the capital stock of any Acquired Subsidiary and Federal Home Loan Bank stock) purchased under Section 3.1 by the Assuming Institution shall consist of the market price (as defined below) of the security as of the Bank Closing Date, multiplied by the bank’s 's ownership interest in the security (see Calculation of Purchase Price below) and shall include accrued interest, where applicable, as noted below.
Appears in 4 contracts
Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement (Enterprise Financial Services Corp), Purchase and Assumption Agreement (Pacific Premier Bancorp Inc)
Purchase Price for Securities. The purchase price for any security (other than the capital stock of any Acquired Subsidiary and Federal Home Loan Bank stock) purchased under Section 3.1 by the Assuming Institution shall consist of the market price value (as defined below) of the security as of the Bank Closing Date, multiplied by the bank’s ownership interest in the security (see Calculation of Purchase Price below) and shall include included accrued interest, where applicable, as noted below.
Appears in 3 contracts
Samples: Purchase and Assumption Agreement (1st United Bancorp, Inc.), Purchase and Assumption Agreement (Heritage Financial Group Inc), Purchase and Assumption Agreement (Fidelity Southern Corp)
Purchase Price for Securities. The purchase price for of any security (other than the capital stock of any Acquired Subsidiary and Subsidiary, Federal Home Loan Bank stock, repossessed securities, and any Qualified Financial Contract that constitutes a security) purchased under Section 3.1 by the Assuming Institution shall consist consists of the market price (as defined below) of the security as of the Bank Closing Date, multiplied by the bankFailed Bank’s ownership interest in the security (see Calculation of Purchase Price below) and shall include includes accrued interest, where applicable, as noted below.
Appears in 3 contracts
Samples: Purchase and Assumption Agreement (Fulton Financial Corp), Purchase and Assumption Agreement, Purchase and Assumption Agreement (First Citizens Bancshares Inc /De/)
Purchase Price for Securities. The purchase price for any security (other than the capital stock of any Acquired Subsidiary and Federal Home Loan Bank stockSubsidiary) purchased under Section 3.1 by the Assuming Institution shall consist of the market price (as defined below) of the security as of the Bank Closing Date, multiplied by the bankFailed Bank’s ownership interest in the security (see Calculation of Purchase Price below) and shall include accrued interest, where applicable, as noted below.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Hilltop Holdings Inc.)
Purchase Price for Securities. The purchase price for any security (other than the capital stock of any Acquired Subsidiary and Federal Home Loan Loan. Bank stock) purchased under Section 3.1 by the Assuming Institution shall consist of the market price (as defined below) of the security as of the Bank Closing Date, multiplied by the bank’s 's ownership interest in the security (see Calculation of Purchase Price below) and shall include accrued interest, where applicable, as noted below.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Great Southern Bancorp Inc)
Purchase Price for Securities. The purchase price for of any security (other than the capital stock of any Acquired Subsidiary and Subsidiary, Federal Home Loan Bank stock, repossessed securities, and any Qualified Financial Contract that constitutes a security) purchased under Section 3.1 by the Assuming Institution shall consist consists of the market price (as defined below) of the security as of the Bank Closing Date, multiplied by the bank’s Failed Bank's ownership interest in the security (see Calculation of Purchase Price below) and shall include includes accrued interest, where applicable, as noted below.. (i)
Appears in 1 contract
Samples: Purchase and Assumption Agreement (New York Community Bancorp Inc)
Purchase Price for Securities. The purchase price for any security (other than the capital stock of any Acquired Subsidiary and Federal Home Loan Bank stock) purchased under Section 3.1 by the Assuming Institution shall consist of the market price (as defined below) of the security as of the Bank Closing Date, multiplied by the bank’s ownership interest in the security (see Calculation of Purchase Price below) and shall include accrued interest, where applicable, as noted below.. (i)
Appears in 1 contract
Samples: Purchase and Assumption Agreement (WashingtonFirst Bankshares, Inc.)
Purchase Price for Securities. The purchase price for any security (other than the capital stock of any Acquired Subsidiary and Federal Home Loan Bank stock) purchased under Section 3.1 by the Assuming Institution shall consist of the market price (as defined below) of the security as of the Bank Closing Date, multiplied by the bank’s ownership interest in the security (see Calculation of Purchase Price below) and shall include accrued interest, where applicable, as noted below.
Appears in 1 contract
Samples: Purchase and Assumption Agreement
Purchase Price for Securities. The purchase price for any security (other than the capital stock of any Acquired Subsidiary and Federal Home Loan Bank stock) purchased under Section 3.1 by the Assuming Institution shall consist of the market price (as defined below) of the security as of the Bank Closing Date, multiplied by the bank’s ownership interest in the security (see Calculation of Purchase Price below) and shall include accrued interest, where applicable, as noted below.as
Appears in 1 contract
Samples: Purchase and Assumption Agreement (First NBC Bank Holding Co)