Common use of Large Deposits Clause in Contracts

Large Deposits. Prior to the Closing, Target will provide Purchaser with a list of all certificates of deposit or checking, savings or other deposits owned by persons who, to the Knowledge of Target, had deposits aggregating more than $100,000 and a list of all certificates of deposit or checking, savings or other deposits owned by directors and officers of Target and each Target Bank and their Affiliates in an amount aggregating more than $100,000 as of the last day of the calendar month immediately prior to the Closing.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (First National Banc Inc), Agreement and Plan of Merger (Abc Bancorp), Agreement and Plan of Merger (Ameris Bancorp)

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Large Deposits. Prior to the Closing, Target will provide Purchaser with a list of all certificates of deposit or checking, savings or other deposits owned by persons who, to the Knowledge of the Target, had deposits aggregating more than $100,000 and a list of all certificates of deposit or checking, savings or other deposits owned by directors and officers of Target and each the Target Bank and their Affiliates in an amount aggregating more than $100,000 as of the last day of the calendar month immediately prior to the Closing.

Appears in 2 contracts

Samples: Employment Agreement (Abc Bancorp), Agreement and Plan of Merger (Abc Bancorp)

Large Deposits. Prior to the Closing, Target will provide -------------- Purchaser with a list of all certificates of deposit or checking, savings or other deposits owned by persons who, to the Knowledge of Target, had deposits aggregating more than $100,000 and a list of all certificates of deposit or checking, savings or other deposits owned by directors and officers of Target and each Target Bank and their Affiliates in an amount aggregating more than $100,000 as of the last day of the calendar month immediately prior to the Closing.

Appears in 1 contract

Samples: Plan of Merger and Merger Agreement (Islands Bancorp)

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Large Deposits. Prior to the Closing, Target TARGET will provide Purchaser PURCHASER with a list of all certificates of deposit or checking, savings or other deposits owned by persons who, to the Knowledge of Targetthe TARGET, had deposits aggregating more than $100,000 and a list of all certificates of deposit or checking, savings or other deposits owned by directors and officers of Target and each Target Bank TARGET and their Affiliates in an amount aggregating more than $100,000 as of the last day of the calendar month immediately prior to the Closing.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Abc Bancorp)

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