Common use of Subrogation Clause in Contracts

Subrogation. Upon payment by the Receiver, or the Corporation as guarantor in accordance with Section 12.7, to any Indemnitee for any claims indemnified by the Receiver under this Article XII, the Receiver, or the Corporation as appropriate, shall become subrogated to all rights of the Indemnitee against any other Person to the extent of such payment.

Appears in 624 contracts

Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement, Purchase and Assumption Agreement

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Subrogation. Upon payment by the Receiver, or the Corporation as guarantor in accordance with Section 12.7, to any Indemnitee for any claims indemnified by the Receiver under this Article XII, the Receiver, or the Corporation as appropriate, shall become subrogated to all rights of the Indemnitee against any other Person to the extent of such payment.payment.‌

Appears in 52 contracts

Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement, Purchase and Assumption Agreement

Subrogation. Upon payment by the Receiver, or the Corporation as guarantor in accordance with Section 12.7, to any Indemnitee for any claims indemnified by the Receiver under this Article XII, the Receiver, or the Corporation as appropriate, shall will become subrogated to all rights of the Indemnitee against any other Person to the extent of such that payment.

Appears in 7 contracts

Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement (Fulton Financial Corp), Purchase and Assumption Agreement (First Citizens Bancshares Inc /De/)

Subrogation. Upon payment by the Receiver, or the Corporation as guarantor in accordance with Section 12.7, to any Indemnitee for any claims indemnified by the Receiver under this Article XII, the Receiver, or the Corporation as appropriate, shall become subrogated to all rights of the Indemnitee against any other Person to the extent of such payment.. ARTICLE

Appears in 2 contracts

Samples: Purchase and Assumption Agreement (First NBC Bank Holding Co), Purchase and Assumption Agreement (WashingtonFirst Bankshares, Inc.)

Subrogation. Upon payment by the Receiver, or the Corporation as guarantor in accordance with Section 12.710.6, to any Indemnitee for any claims indemnified by the Receiver under this Article XIIX, the Receiver, or the Corporation as appropriate, shall become subrogated to all rights of the Indemnitee against any other Person to the extent of such payment.

Appears in 2 contracts

Samples: Paying Agent Agreement, Paying Agent Agreement

Subrogation. Upon payment by the Receiver, or the Corporation as guarantor in accordance with Section 12.7, to any Indemnitee lndemnitee for any claims indemnified by the Receiver under this Article XII, the Receiver, or the Corporation as appropriate, shall become subrogated to all rights of the Indemnitee lndemnitee against any other Person to the extent of such payment.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Great Southern Bancorp Inc)

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Subrogation. Upon payment by the Receiver, or the Corporation as guarantor in accordance with Section 12.712. 7, to any Indemnitee Indernnitee for any claims indemnified by the Receiver under this Article XII, the Receiver, or the Corporation as appropriate, shall will become subrogated to all rights of the Indemnitee lndemnitee against any other Person to the extent of such that payment.. ARTICLE

Appears in 1 contract

Samples: Purchase and Assumption Agreement (New York Community Bancorp Inc)

Subrogation. Upon payment by the Receiver, or the Corporation as guarantor in accordance with Section 12.7, to any Indemnitee for any claims indemnified by the Receiver under this Article XII, the Receiver, or the Corporation as appropriate, shall become subrogated to all rights of the Indemnitee against any other Person to the extent of such payment.subrogated

Appears in 1 contract

Samples: Purchase and Assumption Agreement

Subrogation. Upon payment by the Receiver, or the Corporation as guarantor in accordance with Section 12.7, to any Indemnitee for any claims indemnified by the Receiver under this Article XII, the Receiver, or the Corporation as appropriate, shall will become subrogated to all rights of the Indemnitee against any other Person to the extent of such payment.that payment.‌

Appears in 1 contract

Samples: Purchase and Assumption Agreement

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