Common use of Term of Agreement Clause in Contracts

Term of Agreement. This Agreement shall continue in full force and effect until the tenth (10th) anniversary of Bank Closing; provided, that the provisions of Section 6.3 and 6.4 shall survive the expiration of the term of this Agreement; and provided further, that the receivership of the Failed Bank may be terminated prior to the expiration of the term of this Agreement, and in such event, the guaranty of the Corporation, as provided in and in accordance with the provisions of Section 12.7 shall be in effect for the remainder of the term of this Agreement. Expiration of the term of this Agreement shall not affect any claim or liability of any party with respect to any (i) amount which is owing at the time of such expiration, regardless of when such amount becomes payable, and (ii) breach of this Agreement occurring prior to such expiration, regardless of when such breach is discovered.

Appears in 225 contracts

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

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Term of Agreement. This Agreement shall continue in full force and effect until the tenth sixth (10th6th) anniversary of Bank Closing; provided, that the provisions of Section 6.3 and 6.4 shall survive the expiration of the term of this Agreement; and provided further. Provided, that however, the receivership of the Failed Bank may be terminated prior to the expiration of the term of this Agreement, and ; in such event, the guaranty of the Corporation, as provided in and in accordance with the provisions of Section 12.7 shall be in effect for the remainder of the term of this Agreementterm. Expiration of the term of this Agreement shall not affect any claim or liability of any party with respect to any (i) amount which is owing at the time of such expiration, regardless of when such amount becomes payable, and (ii) breach of this Agreement occurring prior to such expiration, regardless of when such breach is discovered.

Appears in 153 contracts

Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement (Midland States Bancorp, Inc.), Purchase and Assumption Agreement (Southern Missouri Bancorp Inc)

Term of Agreement. This Agreement shall continue in full force and effect until the tenth (10th) anniversary of Bank Closing; provided, that the provisions of Section 6.3 and 6.4 shall survive the expiration of the term of this Agreement; and provided further. Provided, that however, the receivership of the Failed Bank may be terminated prior to the expiration of the term of this Agreement, and ; in such event, the guaranty of the Corporation, as provided in and in accordance with the provisions of Section 12.7 shall be in effect for the remainder of the term of this Agreementterm. Expiration of the term of this Agreement shall not affect any claim or liability of any party with respect to any (i) amount which is owing at the time of such expiration, regardless of when such amount becomes payable, and (ii) breach of this Agreement occurring prior to such expiration, regardless of when such breach is discovered.

Appears in 148 contracts

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

Term of Agreement. This Agreement shall continue in full force and effect until the tenth (10th) anniversary of the Bank ClosingClosing Date; provided, provided that the provisions of Section Sections 6.3 and 6.4 shall survive the expiration of the term of this Agreement; and provided further, further that the receivership of the Failed Bank may be terminated prior to the expiration of the term of this Agreement, and in such event, the guaranty of the Corporation, as provided in and in accordance with the provisions of Section 12.7 12.7, shall be in effect for the remainder of the term of this Agreement. Expiration of the term of this Agreement shall not affect any claim or liability of any party with respect to any (ia) amount which is owing at the time of such expiration, regardless of when such amount becomes payable, and (iib) breach of this Agreement occurring prior to such expiration, regardless of when such breach is discovered.

Appears in 52 contracts

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

Term of Agreement. This Agreement shall continue in full force and effect until the tenth sixth (10th6th) anniversary of the Bank ClosingClosing Date; provided, provided that the provisions of Section Sections 6.3 and 6.4 shall survive the expiration of the term of this Agreement; and provided further, further that the receivership of the Failed Bank may be terminated prior to the expiration of the term of this Agreement, and in such event, the guaranty of the Corporation, as provided in and in accordance with the provisions of Section 12.7 12.7, shall be in effect for the remainder of the term of this Agreement. Expiration of the term of this Agreement shall not affect any claim or liability of any party with respect to any (ia) amount which is owing at the time of such expiration, regardless of when such amount becomes payable, and (iib) breach of this Agreement occurring prior to such expiration, regardless of when such breach is discovered.

Appears in 19 contracts

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

Term of Agreement. This Agreement shall continue in full force and effect until the tenth sixth (10th6th) anniversary of the Bank ClosingClosing Date; provided, that the provisions of Section 6.3 and 6.4 shall survive the expiration of the term of this Agreement; and provided further. Provided, that however, the receivership of the Failed Bank may be terminated prior to the expiration of the term of this Agreement, and ; in such event, the guaranty of the Corporation, as provided in and in accordance with the provisions of Section 12.7 shall be in effect for the remainder of the term of this Agreementterm. Expiration of the term of this Agreement shall not affect any claim or liability of any party with respect to any (i) amount which is owing at the time of such expiration, regardless of when such amount becomes payable, and (ii) breach of this Agreement occurring prior to such expiration, regardless of when such breach is discovered.

Appears in 10 contracts

Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement, Purchase and Assumption Agreement (Prosperity Bancshares Inc)

Term of Agreement. This Agreement shall continue in full force and effect until the tenth (10th) anniversary of Bank Closing; provided, provided that the provisions of Section 6.3 and 6.4 shall survive the expiration of the term of this Agreement; and provided further, further that the receivership of the Failed Bank may be terminated prior to the expiration of the term of this Agreement, and in such event, the guaranty of the Corporation, as provided in and in accordance with the provisions of Section 12.7 shall be in effect for the remainder of the term of this Agreement. Expiration of the term of this Agreement shall not affect any claim or liability of any party with respect to any (i) amount which is owing at the time of such expiration, regardless of when such amount becomes payable, and (ii) breach of this Agreement occurring prior to such expiration, regardless of when such breach is discovered.

Appears in 5 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.)

Term of Agreement. This Agreement shall will continue in full force and effect until the tenth sixth (10th6th) anniversary of the Bank ClosingClosing Date; provided, provided that (a) the provisions of Section 6.3 and Section 6.4 shall survive the expiration of the term of this Agreement; , and provided further, that (b) the receivership of the Failed Bank may be terminated prior to the expiration of the term of this Agreement, and and, in such that event, the guaranty of the Corporation, as provided in and in accordance with the provisions of Section 12.7 shall 12.7, will be in effect for the remainder of the term of this Agreement. Expiration of the term of this Agreement shall will not affect any claim or liability of any party with respect to any (ix) amount which that is owing at the time of such the expiration, regardless of when such the amount becomes payable, and (iiy) breach of this Agreement occurring prior to such expiration, regardless of when such that breach is discovered.

Appears in 3 contracts

Samples: Purchase and Assumption Agreement (Fulton Financial Corp), Purchase and Assumption Agreement, Purchase and Assumption Agreement

Term of Agreement. This Agreement shall continue in full force and effect until the tenth (10th) anniversary of Bank Closing; provided, that the provisions of Section 6.3 and 6.4 shall survive the expiration of the term of this Agreement; and provided further. Provided, that however, the receivership of the Failed Bank may be terminated prior to the expiration of the term of this Agreement, and ; in such event, the guaranty of the Corporation, as provided in and in accordance with the provisions of Section 12.7 shall be in effect for the remainder of the term of this Agreementterm. Expiration of the term of this Agreement shall not affect any claim or liability of any party with respect to any (i) amount which is owing at the time of such expiration, regardless of when such amount becomes payable, and (ii) breach of this Agreement occurring prior to such expiration, regardless of when such breach is discovered.;

Appears in 2 contracts

Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement

Term of Agreement. This Agreement shall continue in full force and effect until the tenth sixth (10th6th) anniversary of the Bank ClosingClosing Date; provided, provided that the provisions of Section Sections 6.3 and 6.4 shall survive the expiration of the term of this Agreement; and provided further, further that the receivership of the Failed Bank may be terminated prior to the expiration of the term of this Agreement, and in such event, the guaranty of the Corporation, as provided in and in accordance with the provisions of Section 12.7 12.7, shall be in effect for the remainder of the term of this Agreement. Expiration of the term of this Agreement shall not affect any claim or liability of any party with respect to any (ia) amount which is owing at the time of such expiration, regardless of when such amount becomes payable, and (iib) breach of this Agreement occurring prior to such expiration, regardless of when such breach is discovered. 13.16.

Appears in 2 contracts

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

Term of Agreement. This Agreement shall continue in full force and effect until the tenth (10thl0th) anniversary of the Bank ClosingClosing Date; provided, provided that the provisions of Section Sections 6.3 and 6.4 shall survive the expiration of the term of this Agreement; and provided further, further that the receivership of the Failed Bank may be terminated prior to the expiration of the term of this Agreement, and in such event, the guaranty of the Corporation, as provided in and in accordance with the provisions of Section 12.7 12.7, shall be in effect for the remainder of the term of this Agreement. Expiration of the term of this Agreement shall not affect any claim or liability of any party with respect to any (ia) amount which is owing at the time of such expiration, regardless of when such amount becomes payable, and (iib) breach of this Agreement occurring prior to such expiration, regardless of when such breach is discovered.

Appears in 2 contracts

Samples: Purchase and Assumption Agreement (HCBF Holding Company, Inc.), Purchase and Assumption Agreement (Certusholdings, Inc.)

Term of Agreement. This Agreement shall continue in full force and effect until the tenth sixth (10th6th) anniversary of the Bank ClosingClosing Date; provided, provided that the provisions of Section Sections 6.3 and 6.4 shall survive the expiration of the term of this Agreement; and provided further, further that the receivership of the Failed Bank may be terminated prior to the expiration of the term of this Agreement, and in such event, the guaranty of the Corporation, as provided in and in accordance with the provisions of Section 12.7 12.7, shall be in effect for the remainder of the term of this Agreement. Expiration of the term of this Agreement shall not affect any claim or liability of any party with respect to any (ia) amount which is owing at the time of such expiration, regardless of when such amount becomes payable, and (ii) breach of this 63 63 Basic P&A Agreement occurring prior to such expiration, regardless of when such breach is discovered.Version 6.2P – PURCHASE AND ASSUMPTION AGREEMENT Basic P&A Agreement

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Bay Bancorp, Inc.)

Term of Agreement. This Agreement shall continue in full force and effect until the tenth (10th) anniversary of the Bank ClosingClosing Date; provided, provided that the provisions of Section Sections 6.3 and 6.4 shall survive the expiration of the term of this Agreement; and provided further, further that the receivership of the Failed Bank may be terminated prior to the expiration of the term of this Agreement, and in such event, the guaranty of the Corporation, as provided in and in accordance with the provisions of Section 12.7 12.7, shall be in effect for the remainder of the term of this Agreement. Expiration of the term of this Agreement shall not affect any claim or liability of any party with respect to any (ia) amount which is owing at the time of such expiration, THE BANK OF ASHEVILLE ASHEVILLE, NORTH CAROLINA regardless of when such amount becomes payable, and (iib) breach of this Agreement occurring prior to such expiration, regardless of when such breach is discovered.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (First Bancorp /Nc/)

Term of Agreement. This Agreement shall continue in full force and effect until the tenth (10thl0th) anniversary of Bank Closing; provided, that the provisions of Section 6.3 and 6.4 shall survive the expiration of the term of this Agreement; and provided further, that the receivership of the Failed Bank may be terminated prior to the expiration of the term of this Agreement, and in such event, the guaranty of the Corporation, as provided in and in accordance with the provisions of Section 12.7 shall be in effect for the remainder of the term of this Agreement. Expiration of the term of this Agreement shall not affect any claim or liability of any party with respect to any (i) amount which is owing at the time of such expiration, regardless of when such amount becomes payable, and (ii) breach of this Agreement occurring prior to such expiration, regardless of when such breach is discovered.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Home Bancshares Inc)

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Term of Agreement. This Agreement shall shall, continue in full force and effect until the tenth sixth (10th6th) anniversary of Bank Closing; provided, that the provisions of Section 6.3 and 6.4 shall survive the expiration of the term of this Agreement; and provided further. Provided, that however, the receivership of the Failed Bank may be terminated prior to the expiration of the term of this Agreement, and ; in such event, the guaranty of the Corporation, as provided in and in accordance with the provisions of Section 12.7 shall be in effect for the remainder of the term of this Agreementterm. Expiration of the term of this Agreement shall not affect any claim or liability of any party with respect to any (i) amount which is owing at the time of such expiration, regardless of when such amount becomes payable, and (ii) breach of this Agreement occurring prior to such expiration, regardless of when such breach is discovered.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Community Bankers Trust Corp)

Term of Agreement. This Agreement shall continue in full force and effect until the tenth sixth (10th6th) anniversary of Bank Closing; provided, that the provisions of Section 6.3 and 6.4 shall survive the expiration of the term of this Agreement; and provided further. Provided, that however, the receivership of the Failed Bank may be terminated prior to the expiration of the term of this Agreement, and ; in such event, the guaranty of the Corporation, as provided in and in accordance with the provisions of Section 12.7 shall be in effect for the remainder of the term of this Agreementterm. Expiration of the term of this Agreement shall not affect any claim or liability of any party with respect to any (i) amount which is owing owed at the time of such expiration, regardless of when such amount becomes payable, and (ii) breach of this Agreement occurring prior to such expiration, regardless of when such breach is discovered.

Appears in 1 contract

Samples: Purchase and Assumption Agreement

Term of Agreement. This Agreement shall will continue in full force and effect until the tenth (10th) anniversary of the Bank ClosingClosing Date; provided, provided that (a) the provisions of Section 6.3 and Section 6.4 shall survive the expiration of the term of this Agreement; , and provided further, that (b) the receivership of the Failed Bank may be terminated prior to the expiration of the term of this Agreement, and and, in such that event, the guaranty of the Corporation, as provided in and in accordance with the provisions of Section 12.7 shall 12.7, will be in effect for the remainder of the term of this Agreement. Expiration of the term of this Agreement shall will not affect any claim or liability of any party with respect to any (ix) amount which that is owing at the time of such the expiration, regardless of when such the amount becomes payable, and (iiy) breach of this Agreement occurring prior to such expiration, regardless of when such that breach is discovered.

Appears in 1 contract

Samples: Purchase and Assumption Agreement

Term of Agreement. This Agreement shall continue in full force and effect until the tenth (10th) anniversary of Bank Closing; provided, that the provisions of Section 6.3 and 6.4 shall survive the expiration of the term of this Agreement; and provided further. Provided, that however, the receivership of the Failed Bank may be terminated prior to the expiration of the term of this Agreement, and ; in such event, the guaranty of the Corporation, as provided in and in accordance with the provisions of Section 12.7 shall be in effect for the remainder of the term of this Agreementterm. Expiration of the term of this Agreement shall not affect any claim or liability of any party with respect to any (i) amount which is owing at the time of such expiration, regardless of when such amount becomes payable, and ; (ii) breach of this Agreement occurring prior to such expiration, regardless of when such breach is discovered; and (iii) any matter for which a request for indemnification has been timely submitted.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Bb&t Corp)

Term of Agreement. This Agreement shall continue in full force and effect until the tenth sixth (10th6th) anniversary of the Bank ClosingClosing Date; provided, provided that the provisions of Section 6.3 Sections 6.3. and 6.4 shall survive the expiration of the term of this Agreement; and provided further, further that the receivership of the Failed Bank may be terminated prior to the expiration of the term of this Agreement, and in such event, the guaranty of the Corporation, as provided in and in accordance with the provisions of Section 12.7 12.7, shall be in effect for the remainder of the term of this Agreement. Expiration of the term of this Agreement shall not affect any claim or liability of any party with respect to any (ia) amount which is owing at the time of such expiration, regardless of when such amount becomes payable, and (iib) breach of this Agreement occurring prior to such expiration, regardless of when such breach is discovered.

Appears in 1 contract

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

Term of Agreement. This Agreement shall continue in full force and effect until the tenth (10th) anniversary of Bank Closing; provided, that the provisions of Section 6.3 and 6.4 shall survive the expiration of the term of this Agreement; and provided further, that the receivership of the Failed Bank may be terminated prior to the expiration of the term of this Agreement, and in such event, the guaranty of the Corporation, as provided in and in accordance with the provisions of Section 12.7 shall be in effect for the remainder of the term of this Agreement. Expiration of the term of this Agreement shall not affect any claim or liability of any party with respect to any (i) amount which is owing at the time of such expiration, regardless of 41 when such amount becomes payable, and (ii) breach of this Agreement occurring prior to such expiration, regardless of when such breach is discovered.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Umpqua Holdings Corp)

Term of Agreement. This Agreement shall continue in full force and effect until the tenth (10th1Oth) anniversary of the Bank ClosingClosing Date; provided, provided that the provisions of Section Sections 6.3 and 6.4 shall survive the expiration of the term of this Agreement; and provided further, further that the receivership of the Failed Bank may be terminated prior to the expiration of the term of this Agreement, and in such event, the guaranty of the Corporation, as provided in and in accordance with the provisions of Section 12.7 12.7, shall be in effect for the remainder of the term of this Agreement. Expiration of the term of this Agreement shall not affect any claim or liability of any party with respect to any (ia) amount which is owing at the time of such expiration, regardless of when such amount becomes payable, and (iib) breach of this Agreement occurring prior to such expiration, regardless of when such breach is discovered.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Pacific Premier Bancorp Inc)

Term of Agreement. This Agreement shall continue in full force and effect until the tenth (10th) anniversary of Bank Closing; provided, that the provisions of Section 6.3 and 6.4 shall survive the expiration of the term of this Agreement; and provided further, that the receivership of the Failed Bank may be terminated prior to the expiration of the term of this Agreement, and in such event, the guaranty of the Corporation, as provided in and in accordance with the provisions of Section 12.7 shall be in effect for the remainder of the term of this Agreement. Expiration of the term of this Agreement shall not affect any claim or liability of any party with respect to any (i) amount which is owing at the time of such expiration, regardless of when such amount becomes payable, and (ii) breach of this Agreement occurring prior to such expiration, regardless of when such breach is discovered.. Module 1 — Whole Bank w/ Loss Share —P&A GULF STATE COMMUNITY BANK Version 2.11B CARRABELLE, FLORIDA October 8, 2010 43

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Home Bancshares Inc)

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