Common use of Subsequent Adjustments Clause in Contracts

Subsequent Adjustments. In the event that the Assuming Institution or the Receiver discovers any errors or omissions as contemplated by Section 8.2 or any error with respect to the payment made under Section 8.3 after the Settlement Date, the Assuming Institution and the Receiver agree to promptly correct any such errors or omissions, make any payments and effect any transfers or assumptions as may be necessary to reflect any such correction plus interest as provided in Section 8.4.

Appears in 387 contracts

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

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Subsequent Adjustments. In the event that the Assuming Institution Bank or the Receiver discovers any errors or omissions as contemplated by Section 8.2 or any error with respect to the payment made under Section 8.3 after the Settlement Date, the Assuming Institution Bank and the Receiver agree to promptly correct any such errors or omissions, make any payments and effect any transfers or assumptions as may be necessary to reflect any such correction plus interest as provided in Section 8.4.

Appears in 250 contracts

Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement (Midland States Bancorp, Inc.), Purchase and Assumption Agreement (State Bank Financial Corp)

Subsequent Adjustments. In the event that If the Assuming Institution or the Receiver discovers any errors or omissions as contemplated by Section 8.2 or any error with respect to the payment made under Section 8.3 after the Settlement Date, the Assuming Institution and the Receiver agree to will promptly correct any such those errors or omissions, make any payments payments, and effect any transfers or assumptions as may be necessary to reflect any such correction plus interest as provided in Section 8.4.

Appears in 2 contracts

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

Subsequent Adjustments. In the event that If the Assuming Institution or the Receiver discovers any errors or omissions as contemplated by Section 8.2 or any error with respect to the payment made under Section 8.3 after the Settlement Date, the Assuming Institution and the Receiver agree to will promptly correct any such those errors or omissions, make any payments and effect any transfers or assumptions as may be necessary to reflect any such correction plus interest as provided in Section 8.4.

Appears in 1 contract

Samples: Purchase and Assumption Agreement

Subsequent Adjustments. In the event that the Assuming Institution or the Receiver discovers any errors or omissions as contemplated by Section 8.2 or any error with respect to the payment made under Section 8.3 after the Settlement Date, the Assuming Institution and the Receiver agree to promptly correct any such errors or omissions, make any payments and effect any transfers or assumptions as may be necessary to reflect any such correction plus interest as provided in Section 8.4. ARTICLE IX.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (First NBC Bank Holding Co)

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Subsequent Adjustments. In the event that If the Assuming Institution or the Receiver discovers any errors or omissions as contemplated by Section 8.2 or any error with respect to the payment made under Section 8.3 after the a Settlement Date, the Assuming Institution and the Receiver agree to will promptly correct any such those errors or omissions, make any payments payments, and effect any transfers or assumptions as may be necessary to reflect any such correction plus interest as provided in Section 8.4.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Fulton Financial Corp)

Subsequent Adjustments. In the event that If the Assuming Institution or the Receiver discovers any errors or omissions as contemplated by Section 8.2 or any error with respect to the payment made under Section 8.3 after the a Settlement Date, the Assuming Institution and the Receiver agree to will promptly correct any such those errors or omissions, make any payments and effect any transfers or assumptions as may be necessary to reflect any such correction plus interest as provided in Section 8.4.

Appears in 1 contract

Samples: Purchase and Assumption Agreement

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