Common use of Retirement Plan Accounts Clause in Contracts

Retirement Plan Accounts. Seller shall notify each of its customers holding Deposits under a Retirement Plan account in a timely fashion of the proposed assumption of their Retirement Plan accounts by Buyer, as contemplated by the plan documents.

Appears in 4 contracts

Samples: Purchase and Assumption Agreement (Select Bancorp, Inc.), Purchase and Assumption Agreement (Citizens Financial Corp/De/), Purchase and Assumption Agreement (Allegheny Bancshares Inc)

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Retirement Plan Accounts. Seller shall notify in writing each of its ------------------------ customers holding Deposits under a Retirement Plan account in a timely fashion of the proposed assumption of their Retirement Plan accounts by BuyerBuyer Sub, as contemplated by the plan documents.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Abc Bancorp)

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