Common use of Agreement with Respect to Administration Clause in Contracts

Agreement with Respect to Administration. The Assuming Bank shall (and shall Module 1 - Whole Bank w/ Loss Share - P&A Guaranty Bank Version 1.05 000 Xxxxxx, Xxxxx June 16, 2009 cause any of its Affiliates to which the Assuming Bank transfers any Shared-Loss Assets or Shared-Loss Securities) to, or a Third Party Servicer to, manage, administer, and collect the Shared-Loss Assets and Shared-Loss 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 (Bbva Compass Bancshares, Inc)

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Agreement with Respect to Administration. The Assuming Bank Institution shall (and shall Module 1 - Whole Bank w/ Loss Share - P&A Guaranty Bank Version 1.05 000 Xxxxxx, Xxxxx June 16, 2009 cause any of its Affiliates to which the Assuming Bank Institution transfers any Shared-Loss Assets or Shared-Loss Securities) to), or shall cause a Third Party Servicer to, manage, administer, and collect the Shared-Loss Module 1 – Whole Bank w/ Loss Share – P&A 136 The Cowlitz Bank Version 2.07 Longview, Washington June 10, 2010 Assets and Shared-Loss 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 (Heritage Financial Corp /Wa/)

Agreement with Respect to Administration. The Assuming Bank Institution shall (and shall Module 1 - Whole Bank w/ Loss Share - P&A Guaranty Bank Version 1.05 000 Xxxxxx, Xxxxx June 16, 2009 cause any of its Affiliates to which the Assuming Bank Institution transfers any Shared-Loss Assets or Shared-Loss Securities) to), or shall cause a Third Party Servicer to, manage, administer, and collect the Shared-Loss Module 1 – Whole Bank w/ Loss Share – P&A Westernbank Puerto Rico Version 2.03 Mayaguez, Puerto Rico April 13, 2010 128 Assets and Shared-Loss 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 (Popular Inc)

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Agreement with Respect to Administration. The Assuming Bank Institution shall (and shall Module 1 - Whole Bank w/ Loss Share - P&A Guaranty Bank Version 1.05 000 Xxxxxx, Xxxxx June 16, 2009 cause any of its Affiliates to which the Assuming Bank Institution transfers any Shared-Loss Assets or Shared-Loss Securities) to), or shall cause a Third Party Servicer to, manage, administer, and collect the Shared-Loss Module 1 — Whole Bank w/ Loss Share — P&A GULF STATE COMMUNITY BANK Version 2.11B CARRABELLE, FLORIDA October 8, 2010 130 Assets and Shared-Loss 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 (Home Bancshares Inc)

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