Interest Reporting. SELLER shall report from January 1, 2007, through the Closing Date, and BUYER shall report from the Closing Date through December 31, 2007, all interest credited to, interest premiums paid on, interest withheld from and early withdrawal penalties charged to the Deposit Accounts. Such reports shall be made to the holders of Deposit Liabilities and to the applicable federal and state regulatory agencies.
Appears in 1 contract
Sources: Purchase and Assumption Agreement (Middlefield Banc Corp)
Interest Reporting. SELLER Seller shall report from January 1, 2007, 1998 through the Closing Date, and BUYER Buyer shall report from the Closing Date through December 31, 20071998, all interest credited to, interest premiums paid on, interest withheld from and early withdrawal penalties charged to the Deposit AccountsDeposits. Such reports shall be made to the holders of Deposit Liabilities accounts relating to Deposits and to the applicable federal and state regulatory agencies.
Appears in 1 contract
Sources: Purchase and Assumption Agreement (First Western Bancorp Inc)
Interest Reporting. SELLER Seller shall report from January 1, 2007, 2008 through the Closing Date, and BUYER Purchaser shall report from the Closing Date through December 31, 2007, 2008 all interest credited to, interest premiums paid on, interest withheld from from, and early withdrawal penalties charged to to, accounts included within the Deposit AccountsLiabilities or Loans. Such reports (on IRS Forms 1098, 1099 or similar tax information returns) shall be made to the holders of Deposit Liabilities such deposit accounts and to the applicable federal and state regulatory agencies.
Appears in 1 contract
Sources: Purchase and Assumption Agreement (Chemung Financial Corp)