Common use of Sale of Bank Premises Clause in Contracts

Sale of Bank Premises. The Assuming Institution will pay to the Receiver, upon the sale of any Bank Premises within twelve months following the Bank Closing Date, fifty percent (50%) of the amount by which (a) the proceeds of such sale attributable to any franchise or deposit premium (without deducting any expenses related to such sale) exceed (b) the deposit premium paid by the Assuming Institution with respect to each Bank Premises sold.

Sale of Bank Premises. The Assuming Institution will pay to the Receiver, upon the sale of any Bank Premises within twelve months following the Bank Closing Date, fifty percent (50%) of the amount by which (a) the proceeds of such that sale attributable to any franchise or deposit premium (without deducting any expenses related to such that sale) exceed (b) the deposit premium paid by the Assuming Institution with respect to each Bank Premises sold.

Sale of Bank Premises. The Assuming Institution will pay to the Receiver, upon the sale of any Bank Premises within twelve months following the Bank Closing Date, fifty percent (50%) of the amount by which (a) the proceeds of such that sale attributable to any franchise or deposit premium (without deducting any expenses related to such that sale) exceed (b) the deposit premium paid by the Assuming Institution with respect to each Bank Premises sold.sold.‌

Sale of Bank Premises. The Assuming Institution will pay to the Receiver, upon the sale of any Full Service Bank Premises within twelve months following the Bank Closing Date, fifty percent (50%) of the amount by which (a) the proceeds of such sale attributable to any franchise or deposit premium (without deducting any expenses related to such sale) exceed (b) the deposit premium paid by the Assuming Institution with respect to each Full Service Bank Premises sold.