Common use of Interest Clause in Contracts

Interest. Any amounts paid under Section 8.3 or Section 8.5, shall bear interest for the period from and including the day following Bank Closing to and including the day preceding the payment at the Settlement Interest Rate.

Appears in 556 contracts

Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement, Purchase and Assumption Agreement (First California Financial Group, Inc.)

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Interest. Any amounts paid under Section 8.3 or Section 8.5, 8.5 shall bear interest for the period from and including the day following the Bank Closing Date to and including the day preceding the payment at the Settlement Interest Rate.

Appears in 82 contracts

Samples: Purchase and Assumption Agreement (Heritage Financial Group Inc), Purchase and Assumption Agreement, Purchase and Assumption Agreement (Bank of the Ozarks Inc)

Interest. Any amounts paid under Section 8.3 or Section 8.5, shall bear interest for the period from and including the day following the Bank Closing Date to and including the day preceding the payment at the Settlement Interest Rate.

Appears in 23 contracts

Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement (Community Bankers Trust Corp), Purchase and Assumption Agreement

Interest. Any amounts paid under Section 8.3 or Section 8.5, 8.5 shall bear interest for the period from and including the day following Bank Closing to and including the day preceding the payment at the Settlement Interest Rate.

Appears in 9 contracts

Samples: Purchase and Assumption Agreement (North American Financial Holdings, Inc.), Purchase and Assumption Agreement, Purchase and Assumption Agreement (North American Financial Holdings, Inc.)

Interest. Any amounts paid under Section 8.3 or Section 8.5, shall 8.5 will bear interest for the period from and including the day following the Bank Closing Date to and including the day preceding the payment at the Settlement Interest Rate.

Appears in 3 contracts

Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement, Purchase and Assumption Agreement

Interest. Any amounts paid under Section 8.3 or Section 8.5, shall bear interest for the period from and including the day following Bank Closing Date to and including the day preceding the payment at the Note Interest Rate, and any amounts paid under Section 8.5 will bear interest for the period from and including the day following the Bank Closing Date to and including the day preceding the payment at the Settlement Interest Rate.

Appears in 2 contracts

Samples: Purchase and Assumption Agreement (First Citizens Bancshares Inc /De/), Purchase and Assumption Agreement

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Interest. Any amounts paid under Section 8.3 or Section 8.5, 8.5 shall bear interest for the period from and including the day following the Bank Closing Date to and including the day preceding the payment at the the. Settlement Interest Rate.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Great Southern Bancorp Inc)

Interest. Any amounts paid under Section 8.3 or shall bear interest for the period from and including the day following Bank Closing to and including the day preceding the payment at the Note Interest Rate, and any amounts paid under Section 8.5, 8.5 shall bear interest for the period from and including the day following Bank Closing to and including the day preceding the payment at the Settlement Interest Rate.

Appears in 1 contract

Samples: Purchase and Assumption Agreement

Interest. Any amounts paid under Section 8.3 or Section 8.5, 8.5 shall bear interest for the period from and including the day following Bank the Bank: Closing Date to and including the day preceding the payment at the Settlement Interest Rate.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Columbia Banking System Inc)

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