True-Up. Pursuant to Section 2.5 of this Agreement, the following calculation applies to determine any payment due by the Assuming Institution to the Receiver on the True-Up Date. All capitalized terms used in this Exhibit 2.5 have the meanings defined or referenced in Article 8 of this Agreement.
Appears in 18 contracts
Samples: Purchase and Assumption Agreement (HCBF Holding Company, Inc.), Purchase and Assumption Agreement (Talmer Bancorp, Inc.), Purchase and Assumption Agreement (Hilltop Holdings Inc.)
True-Up. Pursuant to Section 2.5 2.5(a) of this Agreement, the following calculation applies to determine any payment due by the Assuming Institution to the Receiver on the True-Up Date. All capitalized terms used in this Exhibit 2.5 have the meanings defined or referenced in Article 8 of this Agreement.
Appears in 10 contracts
Samples: Purchase and Assumption Agreement (Talmer Bancorp, Inc.), Purchase and Assumption Agreement (Certusholdings, Inc.), Purchase and Assumption Agreement (Charter Financial Corp/Ga)
True-Up. Pursuant to Section 2.5 2.5(a) of this Agreement, the following calculation applies to determine any payment due by the Assuming Institution to the Receiver on the True-Up Date. All capitalized terms used in this Exhibit 2.5 have the meanings defined or referenced in Article 8 of this Agreement.. X = A-(B+C+D) Where:
Appears in 6 contracts
Samples: Purchase and Assumption Agreement (FCB Financial Holdings, Inc.), Purchase and Assumption Agreement (Certusholdings, Inc.), Purchase and Assumption Agreement (BNC Bancorp)
True-Up. Pursuant to Section 2.5 of this Agreement, the following calculation applies to determine any payment due by the Assuming Institution to the Receiver on the True-Up Date. All capitalized terms used in this Exhibit 2.5 have the meanings defined or referenced in Article 8 of this Agreement.. X = A-(B+C+D) Where:
Appears in 1 contract
Samples: Purchase and Assumption Agreement (SCBT Financial Corp)
True-Up. Pursuant to Section 2.5 of this Agreement, the following calculation applies to determine any payment due by the Assuming Institution to the Receiver on the True-Up Date. All capitalized terms used in this Exhibit 2.5 have the meanings defined or referenced in Article 8 of this Agreement.. X = (A(B-C))-D Where: X = the amount payable to the Receiver pursuant to Section 2.5 A = 25% of the product of (i) multiplied by (ii), where
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Fidelity Southern Corp)
True-Up. Pursuant to Section 2.5 2.5(a) of this Agreement, the following calculation applies to determine any payment due by the Assuming Institution to the Receiver on the True-Up Date. All capitalized terms used in this Exhibit 2.5 have the meanings defined or referenced in Article 8 of this Agreement.. X = (A(B-C))-D Where:
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Hilltop Holdings Inc.)
True-Up. Pursuant to Section 2.5 of this Agreement, the following calculation applies to determine any payment due by the Assuming Institution to the Receiver on the True-Up Date. All capitalized terms used in this Exhibit 2.5 have the meanings defined or referenced set forth in Article 8 of this Agreement.
Appears in 1 contract
Samples: Shared Loss Agreement (First Citizens Bancshares Inc /De/)