Common use of Transfer of Trust Business Clause in Contracts

Transfer of Trust Business. In the event additional proceedings of any kind are necessary to accomplish the transfer of such trust business, the Assuming Institution agrees that, at its own expense, it will take whatever action is necessary to accomplish such transfer. The Receiver agrees to use reasonable efforts to assist the Assuming Institution in accomplishing such transfer.

Appears in 84 contracts

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

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Transfer of Trust Business. In the event If additional proceedings of any kind are necessary to accomplish the transfer of such the Failed Bank's trust business, the Assuming Institution agrees thatwill, at its own expense, it will take whatever action is necessary to accomplish such the transfer. The Receiver agrees to will use reasonable efforts to assist the Assuming Institution in accomplishing such the transfer.

Appears in 5 contracts

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

Transfer of Trust Business. In the event If additional proceedings of any kind are necessary to accomplish the transfer of such the Failed Bank’s trust business, the Assuming Institution agrees thatwill, at its own expense, it will take whatever action is necessary to accomplish such the transfer. The Receiver agrees to will use reasonable efforts to assist the Assuming Institution in accomplishing such the transfer.

Appears in 4 contracts

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

Transfer of Trust Business. In the event additional proceedings of any kind are necessary to accomplish the transfer of such trust business, the Assuming Institution agrees that, at its own expense, it will take whatever action is necessary to accomplish such transfer. The Receiver agrees to use reasonable efforts to assist the Assuming Institution in accomplishing such transfer.agrees

Appears in 1 contract

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

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Transfer of Trust Business. In the event additional proceedings of any kind are necessary to accomplish the transfer of such trust business, the Assuming Institution agrees that, at its own expense, it will take whatever action is necessary to accomplish such transfer. The Receiver agrees to use reasonable efforts to assist the Assuming Institution in m accomplishing such transfer.

Appears in 1 contract

Samples: Purchase and Assumption Agreement

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