Calculation of Sale Gain or Loss. For Shared-Loss Assets gain or loss on the sales under Section 4.1 will be calculated as the aggregate sales price received by the Assuming Institution less the aggregate book value of the remaining Shared-Loss Assets.
Appears in 67 contracts
Samples: Purchase and Assumption Agreement (EverBank Financial Corp), Purchase and Assumption Agreement (State Bank Financial Corp), Purchase and Assumption Agreement (North American Financial Holdings, Inc.)
Calculation of Sale Gain or Loss. For Shared-Loss Assets gain or loss on the sales under Section 4.1 will be calculated as the aggregate sales sale price received by the Assuming Institution Bank less the aggregate book value of the remaining Shared-Loss Assets.
Appears in 46 contracts
Samples: Purchase and Assumption Agreement (First Citizens Bancshares Inc /De/), Purchase and Assumption Agreement (STATE BANK FINANCIAL Corp), Purchase and Assumption Agreement (Charter Financial Corp/Ga)
Calculation of Sale Gain or Loss. For Shared-Loss Assets gain or loss on the sales under Section 4.1 will be calculated as the aggregate sales sale price received by the Assuming Institution less the aggregate book value of the remaining Shared-Loss Assets.
Appears in 9 contracts
Samples: Purchase and Assumption Agreement (Firstmerit Corp /Oh/), Purchase and Assumption Agreement (Valley National Bancorp), Purchase and Assumption Agreement (Citizens South Banking Corp)
Calculation of Sale Gain or Loss. For Shared-Loss Assets Assets, gain or loss on the sales under Section conducted pursuant to 4.1 will be calculated as the aggregate sales sale price received by the Assuming Institution Bank less the aggregate book value of the remaining Shared-Loss AssetsAssets included within the particular sale as reflected in the Accounting Records of the Assuming Bank as of the date of the Portfolio Sale.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (City National Corp)
