P&A Transaction definition

P&A Transaction means the purchase and sale of Assets and the assumption of Assumed Liabilities described in Sections 2.1 and 2.2.
P&A Transaction has the meaning set forth in the Recitals.
P&A Transaction has the meaning set forth in the Recitals to this Agreement.

Examples of P&A Transaction in a sentence

  • Redacted Redacted Redacted Redacted Redacted Redacted SCHEDULE 2.1 - Certain Liabilities Assumed by the Assuming Institution SCHEDULE 2.1(a) – Excluded Deposit Liability Accounts Accounts Excluded from P&A Transaction Satilla Community Bank Saint Mary’s, GA (Certificate No: 35114) Satilla Community Bank does have deposits associated with the Depository Organization (DO) Cede & Co as Nominee for DTC.

  • SCHEDULE 2.1(a) – Excluded Deposit Liability Accounts Accounts Excluded from P&A Transaction Home Federal Savings Bank Detroit, MI Home Federal Savings Bank does not have any deposits associated with the Depository Organization (DO) Cede & Co as Nominee for DTC.

  • SCHEDULE 2.1(a) – Excluded Deposit Liability Accounts Accounts Excluded from P&A Transaction Pinehurst Bank Saint Xxxx, MN Project0089 Pinehurst Bank has deposits associated with the Depository Organization (DO) Cede & Co as Nominee for DTC.

  • SCHEDULE 2.1(a) – Excluded Deposit Liability Accounts Accounts Excluded from P&A Transaction THE TATTNALL BANK REIDSVILLE, GEORGIA The Tattnall Bank has deposits associated with the Depository Organization (DO) Cede & Co as Nominee for DTC.

  • Schedule 2.1.a Exhibit to P&A Agreement Accounts Excluded from P&A Transaction Republic Federal Bank, N.A. Miami, FL Republic Federal Bank, N.A. has deposits associated with the Depository Organization (DO) Cede & Co as Nominee for DTC.


More Definitions of P&A Transaction

P&A Transaction means the transfer of all of the assets of First Security Federal Savings Bank (other than assets relating to or associated with its operations in Philadelphia, Pennsylvania) and such additional assets, as determined by MB, to enable First Security Federal Savings Bank to continue to satisfy all capital requirements of Regulatory Authorities (inclusive of capital for growth) after the transfer and the assumption by MB Bank of all of the liabilities and obligations of First Security Federal Savings Bank (other than those relating to or associated with the Philadelphia, Pennsylvania operations).
P&A Transaction means the purchase and sale of Assets and the transfer and assumption of Assumed Liabilities described in Sections 2.1 and 2.2. “Permitted Encumbrances” means (t) matters disclosed on Schedule 1.1(c) of the Seller Disclosure Schedule, (u) Encumbrances which the Title Insurer agrees to omit, to provide affirmative insurance for, or to otherwise insure over at no additional cost to Purchaser, (v) statutory liens securing Taxes or other payments not yet due and payable, (w) easements, encroachments, rights of way and other Encumbrances, applicable zoning laws, and building restrictions, none of which materially and adversely affect the current use of the Real Property as a commercial bank branch office in the manner used by Seller, (x) the rights of landlords under any lease relating to the Real Property, (y) the rights of any tenants under written leases and (z) any other matters that, in the aggregate, would not reasonably be expected to have a Material Adverse Effect. “Person” means any individual, corporation, company, partnership (limited or general), limited liability company, joint venture, association, trust or other business entity.
P&A Transaction means the purchase and sale of the Deposits and the assumption of Assumed Liabilities described in Sections 2.1, 2.2 and 2.3.
P&A Transaction means the transfer of the Transferred Activities, including the purchase and sale of Purchased Assets and the assumption of Assumed Liabilities described in Sections 2.1 and 2.2.
P&A Transaction means the purchase and sale of Assets and the assumption of Assumed Liabilities described in Sections 2.1 and 2.2. “Parking Lease” means the lease under which Seller leases land used for employee parking associated with operation of a Branch as set forthon Exhibit 1.1(b)(iii).
P&A Transaction means the purchase and sale of Assets and the assumption of Assumed Liabilities described in Sections 2.1 and 2.2. “Person” means any individual, corporation, company, partnership (limited or general), limited liability company, joint venture, association, trust or other business entity. “Personal Property” means the personal property goods of Seller located in the Branches, and used or held for use in the business or operation of the Branches, consisting of the trade fixtures, shelving, furniture, leasehold improvements, on-premises ATMs (excluding Seller licensed software, but including ATM hardware, alarm contacts, safe, cash canisters, security camera, KABA-MAS locks, ADA audio hardware, deposit automation hardware, keys and lock combinations), equipment, security systems equipment (but not including any connections or software relating thereto), safe deposit boxes (exclusive of contents), vaults and sign structures. Exhibit 1.1(g) contains an overview of the Personal Property as of July 31, 2013, and Exhibit 1.1(g) shall be updated by Seller to include a complete and accurate list of the Personal Property as of 5:00 p.m., Eastern time, on the date that is five (5) Business Days prior to the Closing Exhibit 99.3