Common use of Adjustments to Correct Errors Clause in Contracts

Adjustments to Correct Errors. In the event any bookkeeping omissions or errors are discovered in the Failed Bank’s records through the Receiver’s preparing any Pro Forma statement or in completing the transfers and assumptions contemplated by the Primary P&A Agreement or this Agreement, each of the Parties agrees to correct such errors and omissions in its records with respect to the Transferred Assets, the Assumed Liabilities or the Transferred Branches in accordance with Section 8.2(a) of the Primary P&A Agreement.

Adjustments to Correct Errors. In the event any bookkeeping omissions or errors are discovered in the Failed Bank’s records through the Receiver’s preparing any Pro Forma statement or in completing the transfers and assumptions contemplated by the Primary P&A Agreement or this Agreement, each of the Parties Purchaser agrees to correct such errors and omissions in its records with respect to the Transferred Assets, the Assumed Liabilities or the Transferred Branches in accordance with Section 8.2(a) of the Primary P&A Agreement.