Initial Values. The Assuming Institution shall record the Shared-Loss Assets on its Accounting Records at their respective Book Values as of the Commencement Date.
Appears in 41 contracts
Samples: Purchase and Assumption Agreement (Bank of the Ozarks Inc), Purchase and Assumption Agreement (HCBF Holding Company, Inc.), Purchase and Assumption Agreement (First Financial Holdings Inc /De/)
Initial Values. The Assuming Institution shall record the Shared-Loss Assets Loans on its Accounting Records at their respective Book Values as of the Commencement Date.
Appears in 38 contracts
Samples: Purchase and Assumption Agreement (CenterState Banks, Inc.), Purchase and Assumption Agreement (Certusholdings, Inc.), Purchase and Assumption Agreement (BNC Bancorp)