Conversion of Accounts; Transfer and Delivery of Assets and Deposit Liabilities. (a) Prior to the Closing Date, the Purchaser shall assure Seller that its data processing systems are capable of receiving the Assets and the Deposit Liabilities on the Closing Date. Seller and Purchaser shall cooperate in good faith to assure an orderly transition of ownership of the Assets and Assumed Liabilities to Purchaser.
Appears in 3 contracts
Samples: Branch Purchase and Assumption Agreement (River Valley Bancorp), Branch Purchase and Assumption Agreement (Greene County Bancshares Inc), Branch Purchase and Assumption Agreement (Greene County Bancshares Inc)
Conversion of Accounts; Transfer and Delivery of Assets and Deposit Liabilities. (a) Prior to the Closing Date, the Purchaser shall use its best efforts to assure Seller that its data processing systems are capable of receiving the Assets and the Deposit Liabilities on the Closing Date. Seller and Purchaser shall cooperate in good faith to assure an orderly transition of ownership of the Assets and Assumed Liabilities to Purchaser.
Appears in 1 contract
Samples: Fulton Division Acquisition Agreement (Hopfed Bancorp Inc)
