Data Removal. The Assuming Institution shall, prior to returning any Leased Data Management Equipment, and unless otherwise requested by the Receiver, (i) remove all data from the Leased Data Management Equipment and (ii) provide a written statement to the Receiver that all data has been removed in a manner that renders it unrecoverable.
Appears in 64 contracts
Samples: Purchase and Assumption Agreement (First Merchants Corp), Purchase and Assumption Agreement (Bay Bancorp, Inc.), Purchase and Assumption Agreement (NBH Holdings Corp.)
Data Removal. The Assuming Institution shall, prior to returning any Leased Data Management Equipment, and unless otherwise requested by the Receiver, (i) remove all data from the Leased Data Management Equipment and (ii) provide a written statement to the Receiver that all data has been removed in a manner that renders it unrecoverable.,
Appears in 13 contracts
Samples: Purchase and Assumption Agreement Whole Bank, Purchase and Assumption Agreement, Purchase and Assumption Agreement
Data Removal. The Assuming Institution shallwill, prior to returning any Leased Data Management Equipment, and unless otherwise requested by the Receiver, (i) remove all data from the Leased Data Management Equipment and (ii) provide a written statement to the Receiver that all data has have been removed in a manner that renders it unrecoverable.
Appears in 4 contracts
Samples: Purchase and Assumption Agreement (First Citizens Bancshares Inc /De/), Purchase and Assumption Agreement, Purchase and Assumption Agreement
Data Removal. The Assuming Institution shall, prior to returning any Leased Data Management Equipment, and unless otherwise requested by the Receiver, (iReceiver,(i) remove all data from the Leased Data Management Equipment and (ii) provide a written statement to the Receiver that all data has been removed in a manner that renders it unrecoverable.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (HCBF Holding Company, Inc.)