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 Module 1 – Whole Bank w/ Loss Share – P&A 29 Turnberry Bank Version 2.07 Aventura, Florida June 10, 2010 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 3 contracts

Samples: Purchase and Assumption Agreement (North American Financial Holdings, Inc.), Purchase and Assumption Agreement (North American Financial Holdings, Inc.), Purchase and Assumption Agreement (North American Financial Holdings, Inc.)

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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 Module 1 – Whole Bank w/ Loss Share – P&A 29 Turnberry Bank Version 2.07 Aventura, Florida June 10, 2010 Institution and the Receiver agree to promptly correct any such errors or omissions, make any payments and effect any Module 1 — Whole Bank w/ Loss Share — P&A Florida Community Bank Version 1.12 Immokalee, FL November 17, 2009 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 (FCB Financial Holdings, Inc.), Purchase and Assumption Agreement (Bond Street Holdings Inc)

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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 Module 1 – Whole Bank w/ Loss Share – P&A 29 Turnberry Bank Version 2.07 Aventura, Florida June 10, 2010 Institution and the Receiver agree to promptly correct any such errors or omissions, make any Fixed Price Whole Bank w/ Optional Shared Loss Agreements 31 Old Harbor Bank Version 3.2 – PURCHASE AND ASSUMPTION AGREEMENT Clearwater, Florida July 15, 2011 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 (1st United Bancorp, Inc.)

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