Interest Reporting. Buyer will report from January 1, 2001 through December 31, 2001, all interest credited to, interest premiums paid on, interest withheld from and early withdrawal penalties charged to the Deposits. Seller warrants that the information that it provides to Buyer with respect to the aforementioned interest reporting is accurate. Such reports will be made to the holders of accounts relating to Deposits and to the applicable federal and state regulatory agencies. Buyer shall also be responsible for reporting any interest received on the outstanding Loans.
Appears in 2 contracts
Sources: Purchase and Assumption Agreement (Royal Bancshares of Pennsylvania Inc), Purchase and Assumption Agreement (Crusader Holding Corp)