Common use of Agreement with Respect to Administration Clause in Contracts

Agreement with Respect to Administration. The Assuming Bank shall (and shall cause any of its Affiliates to which the Assuming Bank transfers any Shared-Loss Assets or Shared-Loss MTM Assets) to, or a Third Party Servicer to, manage, administer, and collect the Shared-Loss Assets and Shared-Loss MTM Assets while owned by the Assuming Bank or any Affiliate thereof during the term of this Commercial Shared-Loss Agreement in accordance with the rules set forth in this Article III (“Rules”). The Assuming Bank shall be responsible to the Receiver and the Corporation in the performance of its duties hereunder and shall provide to the Receiver and the Corporation such reports as the Receiver or the Corporation reasonably deems advisable, including but not limited to the reports required by Section 3.3 hereof, and shall permit the Receiver and the Corporation at all times to monitor the Assuming Bank’s performance of its duties hereunder.

Appears in 43 contracts

Samples: Purchase and Assumption Agreement (Wilshire Bancorp Inc), Purchase and Assumption Agreement (Evans Bancorp Inc), Purchase and Assumption Agreement (Hancock Holding Co)

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Agreement with Respect to Administration. The Assuming Bank Institution shall (and shall cause any of its Affiliates to which the Assuming Bank Institution transfers any Shared-Loss Assets or Shared-Loss MTM Assets) toSecurities), or shall cause a Third Party Servicer to, manage, administer, and collect the Shared-Loss Assets and Shared-Loss MTM Assets Securities while owned by the Assuming Bank Institution or any Affiliate thereof during the term of this Commercial Shared-Loss Agreement in accordance with the rules set forth in this Article III (“Rules”). The Assuming Bank Institution shall be responsible to the Receiver and the Corporation in the performance of its duties hereunder and shall provide to the Receiver and the Corporation such reports as the Receiver or the Corporation reasonably deems advisable, including but not limited to the reports required by Section 3.3 hereof, and shall permit the Receiver and the Corporation at all times to monitor the Assuming BankInstitution’s performance of its duties hereunder.

Appears in 27 contracts

Samples: Purchase and Assumption Agreement (1st United Bancorp, Inc.), Purchase and Assumption Agreement (Bank of the Ozarks Inc), Purchase and Assumption Agreement (Home Bancshares Inc)

Agreement with Respect to Administration. The Assuming Bank Institution shall (and shall cause any of its Affiliates to which the Assuming Bank Institution transfers any Shared-Loss Assets or Shared-Loss MTM Assets) to, or a Third Party Servicer to, manage, administer, and collect the Shared-Loss Assets and Shared-Loss MTM Assets while owned by the Assuming Bank Institution or any Affiliate thereof during the term of this Commercial Shared-Loss Agreement in accordance with the rules set forth in this Article III (“Rules”). The Assuming Bank Institution shall be responsible to the Receiver and the Corporation in the performance of its duties hereunder and shall provide to the Receiver and the Corporation such reports as the Receiver or the Corporation reasonably deems advisable, including but not limited to the reports required by Section 3.3 hereof, and shall permit the Receiver and the Corporation at all times to monitor the Assuming BankInstitution’s performance of its duties hereunder.

Appears in 11 contracts

Samples: Purchase and Assumption Agreement (Valley National Bancorp), Purchase and Assumption Agreement (First Citizens Bancshares Inc /De/), Purchase and Assumption Agreement (New York Community Bancorp Inc)

Agreement with Respect to Administration. The Assuming Bank Institution shall (and shall cause any of its Affiliates to which the Assuming Bank Institution transfers any Shared-Loss Assets or Shared-Loss MTM Assets) toSecurities), or shall cause a Third Party Servicer to, manage, administer, and collect the Shared-Loss Assets and Shared-Loss MTM Assets Securities while owned by the Assuming Bank Institution or any Affiliate thereof during the term of this Commercial Shared-Loss Agreement in accordance with the rules set forth in this Article III (“Rules”). The Assuming Bank Institution shall be responsible to the Receiver and the Corporation in the performance of its duties hereunder and shall provide to the Receiver and the Corporation such reports as the Receiver or the Corporation reasonably deems advisable, including but not limited to the reports required by Section 3.3 hereof, and shall permit the Receiver and the Corporation at all times to monitor the Assuming BankInstitution’s performance of its duties hereunder.. Module 1 – Whole Bank w/ Loss Share – P&A 120 Turnberry Bank Version 2.07 Aventura, Florida June 10, 2010

Appears in 3 contracts

Samples: Purchase and Assumption Agreement (North American Financial Holdings, Inc.), Purchase and Assumption Agreement (North American Financial Holdings, Inc.), Purchase and Assumption Agreement (North American Financial Holdings, Inc.)

Agreement with Respect to Administration. The Assuming Bank Institution shall (and shall cause any of its Affiliates to which the Assuming Bank Institution transfers any Shared-Loss Assets or Shared-Shared- Loss MTM Assets) toSecurities), or shall cause a Third Party Servicer to, manage, administer, and collect the Shared-Loss Assets and Shared-Loss MTM Assets Securities while owned by the Assuming Bank Institution or any Affiliate thereof during the term of this Commercial Shared-Loss Agreement in accordance with the rules set forth in this Article III (“Rules”). The Assuming Bank Institution shall be responsible to the Receiver and the Corporation in the performance of its duties hereunder and shall provide to the Receiver and the Corporation such reports as the Receiver or the Corporation reasonably deems advisable, including but not limited to the reports required by Section 3.3 hereof, and shall permit the Receiver and the Corporation at all times to monitor the Assuming BankInstitution’s performance of its duties hereunder.

Appears in 3 contracts

Samples: Purchase and Assumption Agreement (Home Federal Bancorp, Inc.), Purchase and Assumption Agreement, Purchase and Assumption Agreement

Agreement with Respect to Administration. The Assuming Bank Institution shall (and shall cause any of its Affiliates to which the Assuming Bank Institution transfers any Shared-Loss Assets or Shared-Loss MTM Assets) toSecurities), or shall cause a Third Party Servicer to, manage, administer, and collect the Shared-Loss Assets and Shared-Loss MTM Assets Securities while owned by the Assuming Bank Institution or any Affiliate thereof during the term of this Commercial Shared-Loss Agreement in accordance accor­dance with the rules set forth in this Article III (“Rules”). The Assuming Bank Institution shall be responsible to the Receiver and the Corporation in the performance of its duties hereunder and shall provide to the Receiver and the Corporation such reports as the Receiver or the Corporation reasonably deems advisable, including but not limited to the reports required by Section 3.3 hereof, and shall permit the Receiver and the Corporation at all times to monitor the Assuming BankInstitution’s performance of its duties hereunder.

Appears in 3 contracts

Samples: Purchase and Assumption Agreement (Customers Bancorp, Inc.), Purchase and Assumption Agreement (Simmons First National Corp), Purchase and Assumption Agreement (Simmons First National Corp)

Agreement with Respect to Administration. The Assuming Bank Institution shall (and shall cause any of its Affiliates to which the Assuming Bank Institution transfers any Shared-Loss Assets or Shared-Loss MTM Assets) toSecurities), or shall cause a Third Party Servicer to, manage, administer, and collect the Shared-Loss Assets and Shared-Loss MTM Assets Securities while owned by the Assuming Bank Institution or any Affiliate thereof during the term of this Commercial Shared-Loss Agreement in accordance with the rules set forth in this Article III ("Rules"). The Assuming Bank Institution shall be responsible to the Receiver and the Corporation in the performance of its duties hereunder and shall provide to the Receiver and the Corporation such reports as the Receiver or the Corporation reasonably deems advisable, including but not limited to the reports required by Section 3.3 hereof, and shall permit the Receiver and the Corporation at all times to monitor the Assuming Bank’s Institution's performance of its duties hereunder.

Appears in 2 contracts

Samples: Purchase and Assumption Agreement (Washington Banking Co), Purchase and Assumption Agreement (Customers Bancorp, Inc.)

Agreement with Respect to Administration. The Assuming Bank Institution shall (and shall cause any of its Affiliates to which the Assuming Bank Institution transfers any Shared-Loss Assets or Shared-Loss MTM Assets) toSecurities), or shall cause a Third Party Servicer to, manage, administer, and collect the Shared-Loss Assets and Shared-Loss MTM Assets Securities while owned by the Assuming Bank Institution or any Affiliate thereof during the term of this Commercial Shared-Loss Agreement in accordance with the rules set forth in this Article III (“Rules”). The Assuming Bank Institution shall be responsible to the Receiver and the Corporation in the performance of its duties hereunder and shall provide to the Receiver and the Corporation such reports as the Receiver or the Corporation reasonably deems advisable, including but not limited to the reports required by Section 3.3 hereof, and shall permit the Receiver and the Corporation at all times to monitor the Assuming BankInstitution’s performance of its duties hereunder.. Module 1 – Whole Bank w/ Loss Share – P&A 81 Satilla Community Bank Version 2.05 St. Marys Georgia April 26, 2010

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Ameris Bancorp)

Agreement with Respect to Administration. The Assuming Bank Institution shall (and shall cause any of its Affiliates to which the Assuming Bank Institution transfers any Shared-Loss Assets or Shared-Loss MTM Assets) toSecurities), or shall cause a Third Party Servicer to, manage, administer, and collect the Shared-Loss 130 Assets and Shared-Loss MTM Assets Securities while owned by the Assuming Bank Institution or any Affiliate thereof during the term of this Commercial Shared-Loss Agreement in accordance with the rules set forth in this Article III (“Rules”). The Assuming Bank Institution shall be responsible to the Receiver and the Corporation in the performance of its duties hereunder and shall provide to the Receiver and the Corporation such reports as the Receiver or the Corporation reasonably deems advisable, including but not limited to the reports required by Section 3.3 hereof, and shall permit the Receiver and the Corporation at all times to monitor the Assuming BankInstitution’s performance of its duties hereunder.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Oriental Financial Group Inc)

Agreement with Respect to Administration. The Assuming Bank shall (and shall cause any of its Affiliates to which the Assuming Bank transfers any Shared-Loss Assets or Shared-Loss MTM Assets) to, or a Third Party Servicer to, manage, administer, and collect the Shared-Loss Assets and Shared-Loss MTM Assets while owned by the Assuming Bank or any Affiliate thereof during the term of this Commercial Shared-Loss Agreement in accordance with the rules set forth in this Article III (“Rules”). The Assuming Bank shall be responsible to the Receiver and the Corporation in the performance of its duties hereunder and shall provide to the Receiver and the Corporation such reports as the Receiver or the Corporation reasonably deems advisable, including but not limited to the reports required by Section 3.3 hereof, and shall permit the Receiver and the Corporation at all times to monitor the Assuming Bank’s performance of its duties hereunder.. Module 1 – Whole Bank w/ Loss Share – P&A NEIGHBORHOOD COMMUNITY BANK Version 1.05 108 NEWNAN, GEORGIA June 16, 2009

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Charter Financial Corp/Ga)

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Agreement with Respect to Administration. The Assuming Bank Institution shall (and shall cause any of its Affiliates to which the Assuming Bank Institution transfers any Shared-Loss Assets or Shared-Loss MTM Assets) toSecurities), or shall cause a Third Party Servicer to, manage, administer, and collect the Shared-Loss Assets and Shared-Loss MTM Assets Securities while owned by the Assuming Bank Institution or any Affiliate thereof during the term of this Commercial Shared-Loss Agreement in accordance with the rules set forth in this Article III HI (“Rules”). The Assuming Bank Institution shall be responsible to the Receiver and the Corporation in the performance of its duties hereunder and shall provide to the Receiver and the Corporation such reports as the Receiver or the Corporation reasonably deems advisable, including but not limited to the reports required by Section 3.3 hereof, and shall permit the Receiver and the Corporation at all times to monitor the Assuming BankInstitution’s performance of its duties hereunder.. Module 1 – Whole Bank w/ Loss Share – P&A Version 2.02 March 19, 2010 000 XXXXXX XXXX LOWELL, MASSACHUSETTS

Appears in 1 contract

Samples: Purchase and Assumption Agreement (People's United Financial, Inc.)

Agreement with Respect to Administration. The Assuming Bank shall (and shall cause any of its Affiliates to which the Assuming Bank transfers any Shared-Loss Assets or Shared-Loss MTM Assets) to, or a Third Third-Party Servicer to, manage, administer, and collect the Shared-Loss Assets and Shared-Loss MTM Assets while owned by the Assuming Bank or any Affiliate thereof during the term of this Commercial Shared-Loss Agreement in accordance with the rules set forth in this Article III (“Rules”). The Assuming Bank shall be responsible to the Receiver and the Corporation in the performance of its duties hereunder and shall provide to the Receiver and the Corporation such reports as the Receiver or the Corporation reasonably deems advisable, including but not limited to the reports required by Section 3.3 hereof, and shall permit the Receiver and the Corporation at all times to monitor the Assuming Bank’s performance of its duties hereunder.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Iberiabank Corp)

Agreement with Respect to Administration. The Assuming Bank shall (and shall cause any of its Affiliates to which the Assuming Bank transfers any Shared-Loss Assets or Shared-Loss MTM AssetsSecurities) to, or a Third Party Servicer to, manage, administer, and collect the Shared-Loss Assets and Shared-Loss MTM Assets Securities while owned by the Assuming Bank or any Affiliate thereof during the term of this Commercial Shared-Loss Agreement in accordance with the rules set forth in this Article III (“Rules”). The Assuming Bank shall be responsible to the Receiver and the Corporation in the performance of its duties hereunder and shall provide to the Receiver and the Corporation such reports as the Receiver or the Corporation reasonably deems advisable, including but not limited to the reports required by Section 3.3 hereof, and shall permit the Receiver and the Corporation at all times to monitor the Assuming Bank’s performance of its duties hereunder.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Bb&t Corp)

Agreement with Respect to Administration. The Assuming Bank shall (and shall cause any of its Affiliates to which the Assuming Bank transfers any Shared-Loss Assets or Shared-Loss MTM Assets) to, or a Third Party Servicer to, manage, administer, and collect the Shared-Loss Assets and Shared-Loss MTM Assets while owned by the Assuming Bank or any Affiliate thereof during the term of this Commercial Shared-Loss Agreement in accordance accor­dance with the rules set forth in this Article III (“Rules”). The Assuming Bank shall be responsible to the Receiver and the Corporation in the performance of its duties hereunder and shall provide to the Receiver and the Corporation such reports as the Receiver or the Corporation reasonably deems advisable, including but not limited to the reports required by Section 3.3 hereof, and shall permit the Receiver and the Corporation at all times to monitor the Assuming Bank’s performance of its duties hereunder.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (First Bancorp /Nc/)

Agreement with Respect to Administration. The Assuming Bank Institution shall (and shall cause any of its Affiliates to which the Assuming Bank Institution transfers any Shared-Loss Assets or Shared-Loss MTM Assets) toSecurities), or shall cause a Third Party Servicer to, manage, administer, and collect the Shared-Loss Assets and Shared-Loss MTM Assets Securities while owned by the Assuming Bank Institution or any Affiliate thereof during the term of this Commercial Shared-Loss Agreement in accordance with the rules set forth in this Article III (“Rules”). The Assuming Bank Institution shall be responsible to the Receiver and the Corporation in the performance of its duties hereunder and shall provide to the Receiver and the Corporation such reports as the Receiver or the Corporation reasonably deems advisable, including but not limited to the reports required by Section 3.3 hereof, and shall permit the Receiver and the Corporation at all times to monitor the Assuming Bank122 Institution’s performance of its duties hereunder.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Trico Bancshares /)

Agreement with Respect to Administration. The Assuming Bank Institution shall (and shall cause any of its Affiliates to which the Assuming Bank Institution transfers any Shared-Loss Assets or Shared-Loss MTM Assets) toSecurities), or shall cause a Third Party Servicer to, manage, administer, and collect the Shared-Loss Assets and Shared-Loss MTM Assets Securities while owned by the Assuming Bank Institution or any Affiliate thereof during the term of this Commercial Shared-Loss Agreement in accordance with the rules set forth in this Article III (“Rules”). The Assuming Bank Institution shall be responsible to the Receiver and the Corporation in the performance of its duties hereunder and shall provide to the Receiver and the Corporation such reports as the Receiver or the Corporation reasonably deems advisable, including but not limited to the reports required by Section 3.3 hereof, and shall permit the Receiver and the Corporation at all times to monitor the Assuming BankInstitution’s performance of its duties hereunder.. Module 1 – Whole Bank w/ Loss Share – P&A Sterling Bank Version 2.07 Lantana, Florida June 10, 2010 133

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Iberiabank Corp)

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