ASSET PURCHASE AGREEMENT AMONG XENITH BANK, GATEWAY BANK MORTGAGE, INC., AND CORNERSTONE HOME LENDING, INC. DATED AS OF SEPTEMBER 16, 2016Asset Purchase Agreement • September 19th, 2016 • Xenith Bankshares, Inc. • National commercial banks • Texas
This ASSET PURCHASE AGREEMENT, dated effective as of the 16th day of September 2016 (“Execution Date”), is entered into by and among XENITH BANK (f/k/a The Bank of Hampton Roads), a banking corporation organized and existing under the laws of the Commonwealth of Virginia with its principal place of business at 901 East Cary Street, Suite 1700, Richmond, VA 23219 (“Xenith”), GATEWAY BANK MORTGAGE, INC., a corporation organized and existing under the laws of the State of North Carolina with its principal place of business at 2235 Gateway Access Point, Ste. 300, Raleigh NC 27607 (“Seller”), and CORNERSTONE HOME LENDING, INC., a corporation organized and existing under the laws of the State of Texas with its principal place of business at 1177 West Loop South, Ste. 200, Houston, TX 77027 (“Purchaser”).
