Account Loans. On and after the Closing Date, Buyer shall continue to honor and provide credit in accordance with the terms and provisions of any Account Loans transferred under this Agreement until such provisions are properly modified or canceled by Buyer.
Account Loans. (a) Exhibit A is a true and correct schedule of all Account Loans, including the aggregate outstanding principal shown thereon, of the Seller as of the date indicated thereon (which shall be updated through the Closing Date) to be transferred to Buyer hereunder.
Account Loans. (a) SCHEDULE 6.12 is a true and correct schedule of all Account Loans, including the aggregate outstanding principal balance shown thereon, of the Seller as of the date indicated thereon (which shall be updated through the Closing Date) to be transferred to Buyer hereunder.
Account Loans. 19 Section 5.15 Contracts.............................................19 Section 5.16
Account Loans. On and after the Closing Date, Purchaser shall continue to honor and provide credit in accordance with applicable law and the provisions of the Deposit-Related Loans and Other Loans transferred under this Agreement until such provisions are properly modified or canceled by Purchaser. Seller and Purchaser agree to make all reasonable efforts to enter into a servicing arrangement whereby Seller will service some or all Other Loans, upon such terms and conditions as are mutually agreed upon by the parties.
Account Loans. All loans of Seller for which written documentation of such loan facility exists on the security of the Accounts (as defined in Section 2.01(a)) as of the close of business on the Closing Date, plus accrued interest, fees and unposted activity (the "Account Loans"). A true and complete list, to the best of Seller's knowledge, of Account Loans as of June 30, 1998, is set forth on Schedule D hereto. The parties acknowledge that Schedule D shall be updated as of the Closing Date in accordance with Section 6.02 hereof.
Account Loans. (a) Exhibit F is a complete and correct list, as of March 31, 2013, and as amended and updated as provided in Section 5.2.6, will be a complete and correct list as of the Closing Date, of the specific Purchased Account Loans carried on the books and records of the Branches to be acquired by Buyer, and which states, among other things, with respect to each such loan and loan commitment, the name of the borrower, the original and currently outstanding principal amount thereof, the interest rate thereon, the accrued but unpaid interest thereon, the date of origination, the maturity date, whether the loan is on non-accrual, more than thirty (30) days past due, or as to which a default has been declared. Except as set forth on Exhibit F, the Seller’s books and records accurately reflect the present principal balance as to each such Purchased Account Loan.
Account Loans. At the Closing, and subject to the terms and conditions contained herein, Seller shall by the Account Loan Assignment and Assumption Agreement transfer legal title to the Account Loans to Purchaser. Such transfer is to be made without recourse, representation or warranty except as specifically set forth in this Agreement. In connection therewith, Seller shall provide to Purchaser at the Closing all available records and documents in Seller's possession relating to the Account Loans. Seller shall promptly remit to Purchaser (properly endorsed without recourse) any payments on account of the Account Loans received by Seller after the Closing Date. Settlement with respect to the foregoing shall be made as provided in Section 2.11.
Account Loans. All loans and lines of credit secured by or associated with the Liabilities maintained at or for the Branch Office and which are identified on Exhibit E hereto together with accrued interest thereon ("Account Loans"), which Exhibit shall be updated as of the Cut-Off Date and such updated Exhibit shall be delivered by Seller to Buyer on the Closing Date, and shall be further updated as of the Closing Date and delivered by Seller to Buyer, within fifteen (15) days after the Closing Date. Buyer reserves the right to examine the credit file and credit reports related to the Account Loans and, upon thirty (30) days prior notice to Seller prior to the Closing Date, to delete such Account Loans as do not meet Buyer's reasonable credit criteria. The purchase price for the Account Loans shall be an amount equal to the outstanding principal balance for such Account Loans on the Closing Date plus accrued interest. To the extent that there are any late charges or fees owed through the Closing Date for the Account Loans purchased by Buyer, then Buyer shall remit to Seller within ten (10) days after receipt of such charges or fees such late charges and/or fees actually collected and which were due and owing with respect to the purchased Account Loans as of the Closing Date.
Account Loans. (a) Each of the Account Loans is current as to payment of interest and principal (i.e., not more than twenty-nine (29) days past due), and will not have been more than twenty-nine (29) days past due at any time within the last twelve months.
