Common use of Transferred Assets Clause in Contracts

Transferred Assets. (a) As of the Effective Time (as defined in Section 2.1) and upon the terms and conditions set forth herein, Seller will sell, assign, transfer, convey and deliver to Purchaser, and Purchaser will purchase from Seller, all of the transferable rights, title and interests of Seller in the following assets associated with the Banking Centers and identified in this Agreement and the Schedules and Exhibits hereto, and not otherwise excluded pursuant to the provisions of Subsection 1.1(b):

Appears in 4 contracts

Samples: Purchase and Assumption Agreement (BNC Bancorp), Purchase and Assumption Agreement (Hampton Roads Bankshares Inc), Purchase and Assumption Agreement (Ecb Bancorp Inc)

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Transferred Assets. (a) As of the Effective Time (as defined in Section 2.1) and upon the terms and conditions set forth herein, Seller will sell, assign, transfer, convey and deliver to Purchaser, and Purchaser will purchase from Seller, all of the transferable rights, title and interests interest of Seller in the following assets associated with the Transferred Banking Centers Center and identified in this Agreement and the Schedules and Exhibits hereto, hereto and not otherwise excluded from sale pursuant to the provisions of Subsection Section 1.1(b) (collectively, the “Transferred Assets”):

Appears in 2 contracts

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

Transferred Assets. (a) As of the Effective Time (as defined in Section 2.1) and upon the terms and conditions set forth herein, Seller will sell, assign, transfer, convey and deliver to Purchaser, and Purchaser will purchase from Seller, all of the transferable rights, title and interests interest of Seller in the following assets associated with the Banking Centers and identified in this Agreement and the Schedules and Exhibits hereto, and not otherwise excluded from sale pursuant to the provisions of Subsection 1.1(b):

Appears in 2 contracts

Samples: Purchase and Assumption Agreement (Virginia Financial Group Inc), Purchase and Assumption Agreement (Gateway Financial Holdings Inc)

Transferred Assets. (a) As of the Effective Time (as defined in Section 2.12.1 below) and upon the terms and conditions set forth herein, Seller will sell, assign, transfer, convey and deliver to Purchaser, and Purchaser will purchase from Seller, all of the transferable rights, title and interests of Seller in the following assets associated with the Banking Centers and identified in this Agreement and the Schedules and Exhibits hereto, and not otherwise excluded from sale pursuant to the provisions of Subsection 1.1(b):1.l(b) below:

Appears in 2 contracts

Samples: Purchase and Assumption Agreement (Bancfirst Corp /Ok/), Purchase and Assumption Agreement (Newsouth Bancorp Inc)

Transferred Assets. (a) As of the Effective Time (as defined in Section 2.12.1(a) and hereof), upon the terms and subject to the conditions and representations set forth herein, Seller will shall sell, convey, assign, transfer, convey transfer and deliver to Purchaser, and Purchaser will shall acquire, purchase and accept from Seller, all of the transferable rights, title and interests interest of Seller in and to the following assets associated with the Banking Centers Branch Offices and identified in this Agreement and the Schedules and Exhibits hereto, hereto and not otherwise excluded from sale pursuant to the provisions of Subsection 1.1(bSection 1.2, Section 1.4 and Section 5.17(a) (collectively, the “Transferred Assets”):

Appears in 2 contracts

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

Transferred Assets. (a) As of the Effective Time (as defined in Section 2.1) and upon the terms and conditions set forth herein, Seller will sell, assign, transfer, convey and deliver to Purchaser, and Purchaser will purchase from Seller, all of the transferable rights, title and interests of Seller in the following assets associated with the Banking Centers and identified in this Agreement and the Schedules and Exhibits hereto, and not otherwise excluded from sale pursuant to the provisions of Subsection 1.1(b):

Appears in 2 contracts

Samples: Purchase and Assumption Agreement (Eastern Virginia Bankshares Inc), Purchase and Assumption Agreement (New Peoples Bankshares Inc)

Transferred Assets. (a) As of the Effective Time Date (as defined in Section 2.12.1 below) and upon the terms and conditions set forth herein, Seller will sell, assign, transfer, convey and deliver to Purchaser, and Purchaser will purchase from Seller, all of the transferable rights, title and interests of Seller in the following assets associated with the Banking Centers Branch and identified in this Agreement and the Schedules and Exhibits hereto, and not otherwise excluded from sale pursuant to the provisions of Subsection 1.1(b):) below:

Appears in 2 contracts

Samples: Purchase and Assumption Agreement (Pab Bankshares Inc), Purchase and Assumption Agreement (C & S Bancorporation Inc)

Transferred Assets. (a) As of the Effective Time (as defined in Section 2.1) and upon the terms and conditions set forth herein, Seller will sell, assign, transfer, convey and deliver to Purchaser, and Purchaser will purchase from Seller, all of the transferable rights, title and interests interest of Seller in the following assets associated with the Banking Centers and identified in this Agreement and the Schedules and Exhibits hereto, and not otherwise excluded from sale pursuant to the provisions of Subsection 1.1(b):) below:

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Virginia Financial Group Inc)

Transferred Assets. (a) As of the "Effective Time Time" (as defined in Section 2.13.1 below) and upon the terms and conditions set forth herein, Seller Sellers will sell, assign, transfer, convey convey, and deliver to Purchaser, and Purchaser will purchase from SellerSellers, all of the transferable rights, title and interests of Seller in the following assets associated with located at or attributed to the Banking Centers and identified in this Agreement and the Schedules and Exhibits heretoCenter, and not except as otherwise excluded from sale pursuant to the provisions of Subsection 1.1(bparagraph 2.1(b) below (collectively, the "Transferred Assets"):

Appears in 1 contract

Samples: Purchase and Assumption Agreement (First Shares Bancorp Inc)

Transferred Assets. (a) As of the Effective Time (as defined in Section 2.1) and upon the terms and conditions set forth herein, Seller will sell, assign, transfer, convey and deliver to Purchaser, and Purchaser will purchase from Seller, all of the transferable rights, title and interests of Seller in the following assets (collectively, the "Assets") associated with the Banking Centers Branch Office and identified in this Agreement and the Schedules and Exhibits hereto, and not otherwise excluded from sale pursuant to the provisions of Subsection 1.1(b):) below:

Appears in 1 contract

Samples: Branch Purchase and Assumption Agreement (Crescent Banking Co)

Transferred Assets. (a) As of the Effective Time (as defined in Section 2.1) Time, and upon subject to the terms and conditions set forth herein, Seller will sell, assign, transfer, convey convey, and deliver to Purchaser, and Purchaser will purchase from Seller, Seller any and all of the transferable rightsright, title and interests interest of Seller in and to the following assets associated with attributable to the Banking Centers and identified in this Agreement and the Schedules and Exhibits heretoHuntington Branches, and not except as otherwise excluded from sale pursuant to the provisions of Subsection 1.1(bSection 2.1(b) below (collectively, the "Transferred Assets"):

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Floridafirst Bancorp Inc)

Transferred Assets. (a) As of the Effective Time Time” (as defined in Section 2.13.1 below) and upon the terms and conditions set forth herein, Seller Sellers will sell, assign, transfer, convey convey, and deliver to Purchaser, Purchaser and Purchaser will purchase from SellerSellers, all of the transferable rightsSellers’ right, title title, and interests of Seller interest in and to the following assets associated with located at or attributed to the Banking Centers and identified in this Agreement and the Schedules and Exhibits heretoBank Branch, and not except as otherwise excluded from sale pursuant to the provisions of Subsection 1.1(bparagraph 2.1(b) below (collectively, the “Transferred Assets”):

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Ohio Legacy Corp)

Transferred Assets. (a) As of the Effective Time (as defined in Section 2.1) and upon the terms and conditions set forth herein, Seller will sell, assign, transfer, convey and deliver to Purchaser, and Purchaser will purchase from Seller, all of the transferable rights, title and interests of Seller in the following assets associated with the Banking Centers Branch Office and identified in this Agreement and the Schedules and Exhibits hereto, and not otherwise excluded from sale pursuant to the provisions of Subsection 1.1(b):) below:

Appears in 1 contract

Samples: Branch Purchase and Assumption Agreement (Bank Corp of Georgia)

Transferred Assets. (a) As of the Effective Time Date (as defined in Section 2.12.1 below) and upon the terms and conditions set forth herein, Seller will sell, assign, transfer, convey and deliver to Purchaser, and Purchaser will purchase from Seller, all of the transferable rights, title and interests of Seller in the following assets associated with the Banking Centers Branches and the Branch Business and identified in this Agreement and the Schedules and Exhibits hereto, and not otherwise excluded from sale pursuant to the provisions of Subsection 1.1(b):l.l(b) below:

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Union Bankshares Corp)

Transferred Assets. (a) As of the Effective Time (as defined in Section 2.12.1 below) and upon the terms and conditions set forth herein, Seller will sell, assign, transfer, convey and deliver to Purchaser, and Purchaser will purchase from Seller, all of the transferable rights, title and interests of Seller in the following assets associated with the Banking Centers Center and identified in this Agreement and the Schedules and Exhibits hereto, and not otherwise excluded from sale pursuant to the provisions of Subsection 1.1(b):) below:

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Abc Bancorp)

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Transferred Assets. (a) As of the Effective Time (as defined in Section 2.13.1 below) and upon the terms and conditions set forth herein, Seller will sell, assign, transfer, convey and deliver to Purchaser, and Purchaser will purchase from Seller, all of the transferable rights, title and interests of Seller in the following assets associated with at the Banking Centers and identified in this Agreement and the Schedules and Exhibits hereto, and not Facilities except as otherwise excluded from sale pursuant to the provisions of Subsection 1.1(b2.1(b) below (the "Transferred Assets"):

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Republic Bancshares Inc)

Transferred Assets. (a) As of the "Effective Time Time" (as defined in Section 2.13.1 below) and upon the terms and conditions set forth herein, Seller will sell, assign, transfer, convey and deliver to PurchaserBuyer, and Purchaser Buyer will purchase from Seller, all of the transferable rights, title and interests of Seller in the following assets associated with the Banking Centers and identified in this Agreement and the Schedules and Exhibits heretoassets, and not except as otherwise excluded from sale pursuant to the provisions of Subsection 1.1(bSection 2.1(b) below (collectively, the "Transferred Assets"):

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Rurban Financial Corp)

Transferred Assets. (a) As of the Effective Time (as defined in Section 2.13.1 below) and upon the terms and conditions set forth herein, Seller Sellers will sell, assign, transfer, convey and deliver to PurchaserPurchasers, and Purchaser Purchasers will purchase from SellerSellers, all of the transferable rights, title and interests of Seller in the following assets associated with at the Banking Centers and identified in this Agreement and the Schedules and Exhibits hereto, and not except as otherwise excluded from sale pursuant to the provisions of Subsection 1.1(b2.1 (b) below (the "Transferred Assets"):

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Huntington Bancshares Inc/Md)

Transferred Assets. (a) As of the Effective Time (as defined in Section 2.1SECTION 2.1 below) and upon the terms and conditions set forth herein, Seller will sell, assign, transfer, convey and deliver to Purchaser, and Purchaser will purchase from Seller, all of the transferable rights, title and interests of Seller in the following assets associated with the Banking Centers and identified in this Agreement and the Schedules and Exhibits hereto, and not otherwise excluded from sale pursuant to the provisions of Subsection SECTION 1.1(b) below (the "Assets"):

Appears in 1 contract

Samples: Purchase and Assumption Agreement (First South Bancorp Inc /Va/)

Transferred Assets. (a) As of the Effective Time (as defined in Section 2.13.1 below) and upon the terms and conditions set forth herein, Seller will sell, assign, transfer, convey and deliver to Purchaser, and Purchaser will purchase from Seller, all of the transferable rights, title and interests of Seller in the following assets associated with at the Banking Centers and identified in this Agreement and the Schedules and Exhibits hereto, and not Facilities except as 6 otherwise excluded from sale pursuant to the provisions of Subsection 1.1(b2.1(b) below (the "Transferred Assets"):

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Republic Bancshares Inc)

Transferred Assets. (a) As of the Effective Time (as defined in Section 2.12.1 below) and upon the terms and conditions set forth herein, Seller will sell, assign, transfer, convey and deliver to Purchaser, and Purchaser will purchase from Seller, all of the transferable rights, title and interests of Seller in the following assets associated with the Banking Centers Center and identified in this Agreement and the Schedules and Exhibits hereto, and not otherwise excluded from sale pursuant to the provisions of Subsection 1.1(b):1.1 (b) below:

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Abc Bancorp)

Transferred Assets. (a) As of the Effective Time (as defined in Section 2.1) and upon the terms and conditions set forth herein, Seller will sell, assign, transfer, convey and deliver to Purchaser, and Purchaser will purchase from Seller, all of the transferable rights, title and interests of Seller in the following assets associated with the Banking Centers Center and identified in this Agreement and the Schedules and Exhibits hereto, and not otherwise excluded from sale pursuant to the provisions of Subsection 1.1(b):

Appears in 1 contract

Samples: Purchase and Assumption Agreement (First National Corp /Va/)

Transferred Assets. (a) As of the Effective Time (as defined in Section 2.12.1 below) and upon the terms and conditions set forth herein, Seller will sell, assign, transfer, convey and deliver to Purchaser, and Purchaser will purchase from Seller, all of the transferable rights, title and interests of Seller in the following assets associated with the Banking Centers Center and identified in this Agreement and the Schedules and Exhibits hereto, and not otherwise excluded from sale pursuant to the provisions of Subsection Section 1.1(b) below (the "Assets"):

Appears in 1 contract

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

Transferred Assets. (a) As of the Effective Time (as defined in Section 2.1) and upon the terms and conditions set forth herein, Seller will sell, assign, transfer, convey and deliver to Purchaser, and Purchaser will purchase from Seller, all of the transferable rights, title and interests interest of Seller in the following assets associated with the Banking Centers Branches and identified in this Agreement and the Schedules and Exhibits hereto, and not otherwise excluded from sale pursuant to the provisions of Subsection 1.1(b) (collectively, the "Acquired Assets"):

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Chemung Financial Corp)

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