Use of Special Legal Powers. The Receiver may direct usage by the Assuming Institution of any special legal powers of the Receiver or the Corporation. The Assuming Institution shall:
(i) comply in all respects with any direction from the Receiver or the Corporation and with any protocols, directives or interpretive memoranda issued from time to time by the Receiver or the Corporation;
(ii) upon request of the Receiver, notify the Receiver of the status of any legal action in which any special legal power or right is utilized; and
(iii) immediately notify the Receiver of any judgment or significant order in any legal action involving any of such special powers or rights.
Use of Special Legal Powers. The Receiver may direct usage by the Assuming Institution of any special legal powers of the Receiver or the Corporation. The Assuming Institution shall:
Use of Special Legal Powers. The Receiver may direct usage by the Assuming Institution of any special legal powers of the Receiver or the Corporation. The Assuming Institution shall:
Module 1 Whole Bank w/ Optional Shared Loss Agreements Community Central Bank Version 3.01 – PURCHASE AND ASSUMPTION AGREEMENT Mount Clemens, MI December 8, 2010
(i) comply in all respects with any direction from the Receiver or the Corporation and with any protocols, directives or interpretive memoranda issued from time to time by the Receiver or the Corporation;
(ii) upon request of the Receiver, notify the Receiver of the status of any legal action in which any special legal power or right is utilized; and
(iii) immediately notify the Receiver of any judgment or significant order in any legal action involving any of such special powers or rights.
Use of Special Legal Powers. The Receiver may direct usage by the Assuming Institution of any special legal powers of the Receiver, and the Assuming Institution acknowledges and agrees that any special legal powers belong to and are possessed by the Receiver, and not the Assuming Institution. The Assuming Institution shall:
(i) comply in all respects with any direction from the Receiver and with any protocols, directives or interpretive memoranda issued from time to time by the Receiver or the Corporation;
(ii) upon request of the Receiver, notify the Receiver of the status of any legal action in which any special legal power or right is utilized; and
(iii) immediately notify the Receiver of any judgment or significant order in any legal action involving any of such special powers or rights.
Use of Special Legal Powers. The Receiver may direct usage by the Assuming Institution of any special legal powers of the Receiver or the Corporation. The Assuming Institution shall:
Module 1 Whole Bank w/ Optional Shared Loss Agreements Version 3.1.1 – COMMERCIAL SHARED-LOSS AGREEMENT April 27, 2011 C-16 One Georgia Bank Atlanta, Georgia
(i) comply in all respects with any direction from the Receiver or the Corporation and with any protocols, directives or interpretive memoranda issued from time to time by the Receiver or the Corporation;
(ii) upon request of the Receiver, notify the Receiver of the status of any legal action in which any special legal power or right is utilized; and
(iii) immediately notify the Receiver of any judgment or significant order in any legal action involving any of such special powers or rights.
Use of Special Legal Powers. The Receiver may direct usage by the Assuming Institution of any special legal powers of the Receiver or the Corporation. The Assuming Institution shall:
Module 1 — Whole Bank w/ Optional Shared Loss Agreements Peoples State Bank Version 3.0 — PURCHASE AND ASSUMPTION AGREEMENT City, State December 8, 2010
(i) comply in all respects with any direction from the Receiver or the Corporation and with any protocols, directives or interpretive memoranda issued from time to time by the Receiver or the Corporation;
(ii) upon request of the Receiver, notify the Receiver of the status of any legal action in which any special legal power or right is utilized; and
(iii) immediately notify the Receiver of any judgment or significant order in any legal action involving any of such special powers or rights.
Use of Special Legal Powers. The Receiver may direct usage by the Assuming Institution of any special legal powers of the Receiver or the Corporation. The Assuming Institution shall: Module 1 – Whole Bank w/ Optional Shared Loss Agreements SF-16 Blue Ridge Savings Bank, Inc. Version 3.2 – Single Family Shared-Loss Agreement Asheville, North Carolina July 15, 2011
(i) comply in all respects with any direction from the Receiver or the Corporation and with any protocols, directives or interpretive memoranda issued from time to time by the Receiver or the Corporation;
(ii) upon request of the Receiver, notify the Receiver of the status of any legal action in which any special legal power or right is utilized; and
(iii) immediately notify the Receiver of any judgment or significant order in any legal action involving any of such special powers or rights.
Use of Special Legal Powers. The Receiver may direct usage by the Assuming Institution of any special legal powers of the Receiver or the Corporation. The Assuming Institution shall: Fixed Price Whole Bank w/ Optional Shared Loss Agreements C-16 Old Harbor Bank Version 3.2 – COMMERCIAL SHARED-LOSS AGREEMENT Clearwater, Florida July 15, 2011
(i) comply in all respects with any direction from the Receiver or the Corporation and with any protocols, directives or interpretive memoranda issued from time to time by the Receiver or the Corporation;
(ii) upon request of the Receiver, notify the Receiver of the status of any legal action in which any special legal power or right is utilized; and
(iii) immediately notify the Receiver of any judgment or significant order in any legal action involving any of such special powers or rights.
Use of Special Legal Powers. The Receiver may direct usage by the Assuming Institution of any special legal powers of the Receiver or the Corporation. The Assuming Institution shall:
Module 1 Whole Bank w/ Optional Shared Loss Agreements C-16 High Trust Bank Version 3.1.1 – COMMERCIAL SHARED-LOSS AGREEMENT Stockbridge, Georgia April 27, 2011 Table of Contents
(i) comply in all respects with any direction from the Receiver or the Corporation and with any protocols, directives or interpretive memoranda issued from time to time by the Receiver or the Corporation;
(ii) upon request of the Receiver, notify the Receiver of the status of any legal action in which any special legal power or right is utilized; and
(iii) immediately notify the Receiver of any judgment or significant order in any legal action involving any of such special powers or rights.
Use of Special Legal Powers. The Receiver may direct usage by the Assuming Institution of any special legal powers of the Receiver or the Corporation. The Assuming Institution shall:
(i) comply in all respects with any direction from the Receiver or the Corporation and with any protocols, directives or interpretive memoranda issued from time to time by the Receiver or the Corporation;
(ii) upon request of the Receiver, notify the Receiver of the status of any legal action in which any special legal power or right is utilized; and
(iii) immediately notify the Receiver of any judgment or significant order in any legal action involving any of such special powers or rights.
Module 1 Whole Bank w/ Optional Shared Loss Agreements Community Central Bank Version 3.01 – PURCHASE AND ASSUMPTION AGREEMENT Mount Clemens, MI December 8, 2010
