Common use of Wrong Pocket Assets Clause in Contracts

Wrong Pocket Assets. Unless otherwise specifically provided in Exhibit A, if at any time or from time to time after each Closing Date, any Seller Entity, on the one hand, or Purchaser, on the other, shall receive or otherwise possess any asset (including cash) that should belong to another Person pursuant to this Agreement, such Seller Entity or Purchaser agree to promptly transfer, or cause to be transferred, such asset to the Person so entitled thereto.

Appears in 2 contracts

Samples: Purchase and Assumption Agreement (First Niagara Financial Group Inc), Purchase and Assumption Agreement (First Niagara Financial Group Inc)

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Wrong Pocket Assets. Unless otherwise specifically provided in Exhibit A, if If at any time or from time to time after each Closing Date, any Seller EntitySeller, on the one hand, or Purchaser, on the other, shall receive or otherwise possess any asset (including cash) that should belong to another Person pursuant to this Agreement, such Seller Entity or Purchaser agree to promptly transfer, or cause to be transferred, such asset to the Person so entitled thereto.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Banc of California, Inc.)

Wrong Pocket Assets. Unless otherwise specifically provided in Exhibit A, if at any time or from time to time after each the Closing Date, any Seller EntityAssignor, on the one hand, or Purchaser, on the other, shall receive or otherwise possess any asset (including cash) that should belong to another Person pursuant to this Agreement, such Seller Entity Assignor or Purchaser agree agrees to promptly transfer, or cause to be transferred, such asset to the Person so entitled thereto.

Appears in 1 contract

Samples: Assignment, Purchase and Assumption Agreement (Financial Institutions Inc)

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Wrong Pocket Assets. Unless otherwise specifically provided in Exhibit A, if at any time or from time to time after each the Closing Date, any Seller EntitySeller, on the one hand, or Purchaser, on the other, shall receive or otherwise possess any asset (including cash) that should belong to another Person pursuant to this Agreement, such Seller Entity or Purchaser agree agrees to promptly transfer, or cause to be transferred, such asset to the Person so entitled thereto.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Northwest Bancshares, Inc.)

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