Wrong Pocket Assets. If at any time or from time to time after the Closing Date, Seller, Synovus, or Capital One, as the case may be, shall receive or otherwise possess any asset (including cash) that should belong to another Person pursuant to this Agreement, such Person shall promptly transfer, or cause to be transferred, such asset to the Person so entitled thereto. Prior to any such transfer, the Person receiving or possessing such asset shall hold such asset in trust for such other Person.
Appears in 2 contracts
Samples: Framework Agreement (Cabela's Credit Card Master Note Trust), Framework Agreement (Synovus Financial Corp)
Wrong Pocket Assets. If Unless otherwise specifically provided in Exhibit A, if at any time or from time to time after the each Closing Date, Sellerany Seller Entity, Synovuson the one hand, or Capital OnePurchaser, as on the case may beother, shall receive or otherwise possess any asset (including cash) that should belong to another Person pursuant to this Agreement, such Person shall Seller Entity or Purchaser agree to promptly transfer, or cause to be transferred, such asset to the Person so entitled thereto. Prior to any such transfer, the Person receiving or possessing such asset shall hold such asset in trust for such other Person.
Appears in 2 contracts
Samples: Purchase and Assumption Agreement (First Niagara Financial Group Inc), Purchase and Assumption Agreement (First Niagara Financial Group Inc)
Wrong Pocket Assets. If Unless otherwise specifically provided in the Transition Services Agreement, if at any time or from time to time after the Closing Date, Seller, Synovuson the one hand, or Capital OnePurchaser, as on the case may beother, shall receive or otherwise possess any asset (including cash) that should belong to another Person pursuant to this Agreement, such Person shall Seller or Purchaser agrees to promptly transfer, or cause to be transferred, such asset to the Person so entitled thereto. Prior to any such transfer, the Person receiving or possessing such asset shall hold such asset in trust for such other Person.
Appears in 2 contracts
Samples: Purchase and Assumption Agreement (Financial Institutions Inc), Purchase and Assumption Agreement (Community Bank System Inc)
Wrong Pocket Assets. If at any time or from time to time after the Closing Date, Seller, Synovuson the one hand, or Capital OnePurchaser, as on the case may beother, shall receive or otherwise possess any asset (including cash) that should belong to another Person pursuant to this Agreement, such Person shall promptly transfer, or cause to be transferred, such asset to the Person so entitled thereto. Prior to any such transfer, the Person receiving or possessing such asset shall hold such asset in trust for such other Person.
Appears in 2 contracts
Samples: Sale and Purchase Agreement (Cabelas Inc), Sale and Purchase Agreement (Cabela's Master Credit Card Trust)
Wrong Pocket Assets. If Unless otherwise specifically provided in Exhibit A, if at any time or from time to time after the Closing Date, Seller, Synovuson the one hand, or Capital OnePurchaser, as on the case may beother, shall receive or otherwise possess any asset (including cash) that should belong to another Person pursuant to this Agreement, such Person shall Seller or Purchaser agrees to promptly transfer, or cause to be transferred, such asset to the Person so entitled thereto. Prior to any such transfer, the Person receiving or possessing such asset shall hold such asset in trust for such other Person.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Northwest Bancshares, Inc.)
Wrong Pocket Assets. If at any time or from time to time after the each Closing Date, Seller, Synovuson the one hand, or Capital OnePurchaser, as on the case may beother, shall receive or otherwise possess any asset (including cash) that should belong to another Person pursuant to this Agreement, such Person shall Seller or Purchaser agree to promptly transfer, or cause to be transferred, such asset to the Person so entitled thereto. Prior to any such transfer, the Person receiving or possessing such asset shall hold such asset in trust for such other Person.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Banc of California, Inc.)
Wrong Pocket Assets. If In the event that at any time or from time to time after the Closing Date, Seller, Synovuson the one hand, or Capital OnePurchaser, as on the case may beother, shall receive or otherwise possess any asset (including cash) that should belong to another Person pursuant to this Agreement, such Person shall promptly transfer, or cause to be transferred, such asset to the Person so entitled thereto. Prior to any such transfer, the Person receiving or possessing such asset shall hold such asset in trust for such other Person.
Appears in 1 contract
Wrong Pocket Assets. If In the event that, at any time or from time to time for three years after the Closing Date, Seller, Synovuson the one hand, or Capital Onethe Company, as on the case may beother, shall receive become aware that it has received or otherwise possess possesses any asset (including cash) that should belong to another Person pursuant to this Agreement, such Person shall promptly transfer, or cause to be transferred, such asset to the Person so entitled thereto. Prior to any such transfer, the Person receiving or possessing such asset shall hold such asset in trust for such other Person.
Appears in 1 contract
