Settlement of Right; Payment by Company. After receipt of the Exercise Notice in the manner set forth above, on the first Business Day following the Company’s receipt of the Exercise Notice, the Company shall deliver to the FDIC or any other holder of the VAI Right as a result of a Transfer, the VAI Payment in the form that such holder may elect pursuant to Section 2(a).
Appears in 6 contracts
Samples: Value Appreciation Instrument Agreement, Value Appreciation Instrument Agreement (NBH Holdings Corp.), Value Appreciation Instrument Agreement (Bond Street Holdings Inc)
Settlement of Right; Payment by Company. After receipt of the Exercise Notice in the manner set forth above, on the first Business Day following the Company’s receipt of the Exercise Notice, the Company shall deliver to the FDIC or any other holder of the VAI Right as a result of a Transfer, the VAI Payment in the form that such holder may elect pursuant to Section section 2(a).
Appears in 1 contract
Samples: Value Appreciation Instrument Agreement (NBH Holdings Corp.)
