Termination of the Shared-Loss Agreements. Upon the occurrence of the Closing and subsequent payment of the Termination Amount all rights and obligations of the parties to make and receive payments pursuant to the Shared-Loss Agreements and all rights and obligations of the parties thereto, shall terminate effective as of the Closing Date.
Appears in 8 contracts
Samples: Termination Agreement (Hilltop Holdings Inc.), Termination Agreement (Popular Inc), Termination Agreement (Ofg Bancorp)
Termination of the Shared-Loss Agreements. Upon the occurrence of the Closing and subsequent payment of the Termination Amount all rights and obligations of the parties to make and receive payments pursuant to the Hillcrest Shared-Loss Agreements and Midwest Bank Shared-Loss Agreement and all rights and obligations of the parties thereto, shall terminate effective as of the Closing Date.
Appears in 1 contract
Samples: Termination Agreement (National Bank Holdings Corp)
Termination of the Shared-Loss Agreements. Upon the occurrence of the Closing and subsequent payment of the Termination Amount all rights and obligations of the parties to make and receive payments pursuant to the Shared-Loss Agreements and all other rights and obligations of the parties theretothereunder or with respect_thereto, shall terminate effective as of the Closing Date.
Appears in 1 contract
