Common use of Unclaimed Deposits Clause in Contracts

Unclaimed Deposits. If, within eighteen (18) months after the Bank Closing Date, any depositor of the Failed Bank does not claim or arrange to continue such depositor’s Assumed Deposits at the Assuming Institution, the Assuming Institution shall, within fifteen (15) Business Days after the end of such eighteen (18) month period, (i) refund to the Receiver the full amount of each such Deposit (without reduction for service charges), (ii) provide to the Receiver a schedule of all such refunded Deposits in such form as may be prescribed by the Receiver, and

Unclaimed Deposits. If, within eighteen (18) months after the Bank Closing Date, any depositor of the Failed Bank does not claim or arrange to continue such that depositor’s Assumed Deposits at the Assuming Institution, the Assuming Institution shallwill, within fifteen (15) Business Days after the end of such that eighteen (18) month period, (i) refund to the Receiver the full amount of each such Deposit (without reduction for service charges), (ii) provide to the Receiver a schedule of all such refunded Deposits in such the form as may be prescribed by the Receiver, and

Unclaimed Deposits. If, within eighteen (18) months after the Bank Closing Date, any depositor of the Failed Bank does not claim or arrange to continue such depositor’s Assumed Deposits Deposit assumed pursuant to Section 2.1 at the Assuming InstitutionBank, the Assuming Institution Bank shall, within fifteen (15) Business Days after the end of such eighteen (18) month 18)-month period, (i) refund to the Receiver Corporation the full amount of each such Deposit (without reduction for service charges), (ii) provide to the Receiver Corporation a schedule of all such refunded Deposits in such form as may be prescribed by the ReceiverCorporation, andand (iii) assign, transfer, convey 195 Closing a Failed Bank: Resolution Practices and Procedures‌‌

Unclaimed Deposits. If, within eighteen (( 18) months after the Bank Closing Date, any depositor of the Failed Bank does not claim or arrange to continue such that depositor’s 's Assumed Deposits at the Assuming Institution, the Assuming Institution shallwill, within fifteen (( 15) Business Days after the end of such that eighteen (( 18) month period, (i) refund to the Receiver the full amount of each such Deposit (without reduction for service charges), (ii) provide to the Receiver a schedule of all such refunded Deposits in such the form as may be prescribed by the Receiver, and