Common use of Transfer to Receiver without Recourse Clause in Contracts

Transfer to Receiver without Recourse. The Assuming Institution shall transfer any Acquired Asset pursuant to this Section 3.4 to the Receiver without recourse and shall indemnify the Receiver against any and all claims of any Person claiming by, through or under the Assuming Institution with respect to any such Acquired Asset, as provided in Section 12.4.

Appears in 17 contracts

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

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Transfer to Receiver without Recourse. The Assuming Institution shall will transfer any Acquired Asset pursuant to this Section 3.4 to the Receiver without recourse and shall will indemnify the Receiver against any and all claims of any Person claiming by, through or under the Assuming Institution with respect to any such that Acquired Asset, as provided in Section 12.4.

Appears in 5 contracts

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

Transfer to Receiver without Recourse. The Assuming Institution shall will transfer any Acquired Asset pursuant to this Section 3.4 to the Receiver without recourse and shall will indemnify the Receiver against any and all claims of any Person claiming by, through or under the Assuming Institution with respect to any such that Acquired Asset, as provided in Section 12.4. 3.5.

Appears in 1 contract

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

Transfer to Receiver without Recourse. The Assuming Institution shall transfer any Acquired Asset pursuant to this this. Section 3.4 to the Receiver without recourse and shall indemnify the Receiver against any and all claims of any Person claiming by, through or under the Assuming Institution with respect to any such Acquired Asset, as provided in Section 12.4.

Appears in 1 contract

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

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Transfer to Receiver without Recourse. The Assuming Institution shall transfer any Acquired Asset pursuant to this Section 3.4 to the Receiver without recourse and shall indemnify the Receiver against any and all claims of any Person claiming by, through or under the Assuming Institution with respect to any such Acquired Asset, as provided in Section 12.4. 3.5.

Appears in 1 contract

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

Transfer to Receiver without Recourse. The Assuming Institution shall transfer any Acquired Asset pursuant to this Section 3.4 to the Receiver without recourse and shall indemnify the Receiver against any and all claims of any Person claiming by, through or under the Assuming Institution with respect to any such Acquired Asset, as provided in Section 12.4.. Basic P&A Agreement Version 6.2P – PURCHASE AND ASSUMPTION AGREEMENT Basic P&A Agreement

Appears in 1 contract

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

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