Common use of Assets Essential to Receiver Clause in Contracts

Assets Essential to Receiver. (a) The Receiver may refuse to sell to the Assuming Bank, or the Assuming Bank agrees, at the request of the Receiver set forth in a written notice to the Assuming Bank, to assign, transfer, convey, and deliver to the Receiver all of the Assuming Bank's right, title and interest in and to, any Asset or asset essential to the Receiver as determined by the Receiver in its discretion (together with all Credit Documents evidencing or pertaining thereto), which may include any Asset or asset that the Receiver determines to be:

Appears in 57 contracts

Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement, Purchase and Assumption Agreement

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Assets Essential to Receiver. (a) The Receiver may refuse to sell to the Assuming BankInstitution, or the Assuming Bank Institution agrees, at the request of the Receiver set forth in a written notice to the Assuming BankInstitution, to assign, transfer, convey, and deliver to the Receiver all of the Assuming BankInstitution's right, title and interest in and to, any Asset or asset essential to the Receiver as determined by the Receiver in its discretion (together with all Credit Documents evidencing or pertaining thereto), which may include any Asset or asset that the Receiver determines to be:

Appears in 21 contracts

Samples: Purchase and Assumption Agreement Whole Bank, Purchase and Assumption Agreement, Purchase and Assumption Agreement

Assets Essential to Receiver. (a) The Receiver may refuse to sell to the Assuming Bank, or the Assuming Bank agrees, at the request of the Receiver set forth in a written notice to the Assuming Bank, to assign, transfer, convey, and deliver to the Receiver all of the Assuming Bank's ’s right, title and interest in and to, any Asset or asset essential to the Receiver as determined by the Receiver in its discretion (together with all Credit Documents evidencing or pertaining thereto), which may include any Asset or asset that the Receiver determines to be:

Appears in 8 contracts

Samples: Purchase and Assumption Agreement (First California Financial Group, Inc.), Purchase and Assumption Agreement (Community Bankers Trust Corp), Purchase and Assumption Agreement

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Assets Essential to Receiver. (a) The Receiver may refuse to sell to the Assuming BankInstitution, or the Assuming Bank Institution agrees, at the request of the Receiver set forth in a written notice to the Assuming BankInstitution, to assign, transfer, convey, and deliver to the Receiver all of the Assuming Bank's Institution’s right, title and interest in and to, any Asset or asset essential to the Receiver as determined by the Receiver in its discretion (together with all Credit Documents evidencing or pertaining thereto), which may include any Asset or asset that the Receiver determines to be:

Appears in 7 contracts

Samples: Purchase and Assumption Agreement Whole Bank, Purchase and Assumption Agreement (Heritage Financial Corp /Wa/), Purchase and Assumption Agreement (Westamerica Bancorporation)

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