Common use of SHARED-LOSS ARRANGEMENT 1 Clause in Contracts

SHARED-LOSS ARRANGEMENT 1. 2.1 Accounting for and Management of Shared-Loss Assets 1 2.2 Payments with Respect to Shared-Loss Assets 2 2.3 Payments Applicable to Shared-Loss Quarters 2 2.4 Payments Applicable to Recovery Quarters 3 2.5 True-Up Payment and Calculation 3 2.6 Limitation on Payments 4 2.7 Expenses 5 2.8 Permitted Advances and Amendments 8 2.9 Recovery 9 2.10 Treatment as a Shared-Loss Asset 12 2.11 Receiver’s Option to Purchase 13

Appears in 3 contracts

Samples: Purchase and Assumption Agreement (FCB Financial Holdings, Inc.), Purchase and Assumption Agreement (Certusholdings, Inc.), Purchase and Assumption Agreement (Bond Street Holdings Inc)

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SHARED-LOSS ARRANGEMENT 1. 2.1 Accounting for and Management of Shared-Loss Assets 1 2.2 Payments with Respect to Shared-Loss Assets 2 2.3 Payments Applicable to Shared-Loss Quarters 2 2.4 Payments Applicable to Recovery Quarters 3 2.5 True-Up Payment and Calculation 3 4 2.6 Limitation on Payments 4 2.7 Expenses 5 2.8 Permitted Advances and Amendments 8 2.9 Recovery 9 10 2.10 Treatment as a Shared-Loss Asset 12 2.11 Receiver’s Option to Purchase 13

Appears in 1 contract

Samples: Purchase and Assumption Agreement (First Financial Holdings Inc /De/)

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