Examples of Retained Assets in a sentence
All liabilities and obligations relating to, based in whole or in part on events or conditions occurring or existing in connection with, or arising out of, any and all assets, properties, rights and interests which are not being acquired by Transferee hereunder, including, without limitation, the Retained Assets.
The Bridge Bank must subservice, and perform the obligations of the Receiver related to Loans and other assets identified by the Receiver that are Retained Assets on behalf of the Receiver pursuant to the terms of this Schedule 6.14 (the “Serviced Assets”).
Except for the Retained Assets (as defined in Section 1.4), all other assets, properties, rights and interests of Transferor otherwise employed in or related to the operation of the Business at the Facilities, of every kind, nature and description, whether tangible or intangible, real, personal or mixed, located in the State of Illinois, all of which are to be transferred, conveyed, assigned, contributed and delivered to Transferee at the Closing pursuant to this Agreement.
Except for the Retained Assets, the Acquired Assets are the only assets, properties, rights and interests used by Transferor in connection with the Business that is conducted at the Facilities.
The Bridge Bank agrees to perform all obligations of the Failed Bank with respect to federal and state income tax informational reporting related to (i) the Transferred Assets and the Assumed Liabilities, (ii) the Retained Assets and the Retained Liabilities, and (iii) any other asset or liability of the Failed Bank.