Common use of Excluded Agreements Clause in Contracts

Excluded Agreements. The provisions of Section 4.8(a) do not apply to: (i) any agreement related to Bank Premises described in Section 4.6(e)(iii); (ii) any agreement between the Failed Bank and MERSCORP, Inc. or (iii) any insurance policy or bond referred to in Section 3.5(a); (iv) any other agreement specified in Section 3.5; or (v) any consulting, management, or employment agreement between the Failed Bank and its employees or other Persons. The Assuming Institution does not assume any liabilities or acquire any rights under any of the agreements described in this Section 4.8(b).

Appears in 1 contract

Sources: Purchase and Assumption Agreement

Excluded Agreements. The provisions of Section 4.8(a) do not apply to: (i) any agreement related to Bank Premises described in Section 4.6(e)(iii);Section (ii) any agreement between the Failed Bank and MERSCORP, Inc. or (iii) any insurance policy or bond referred to in Section 3.5(a); (iv) any other agreement specified in Section 3.5; or (v) any consulting, management, or employment agreement between the Failed Bank and its employees or other Persons. The Assuming Institution does not assume any liabilities or acquire any rights under any of the agreements described in this Section 4.8(b).

Appears in 1 contract

Sources: Purchase and Assumption Agreement