Common use of Liabilities Assumed by Assuming Institution Clause in Contracts

Liabilities Assumed by Assuming Institution. The Assuming Institution expressly assumes at Book Value (subject to adjustment pursuant to Article VIII) and agrees to pay, perform, and discharge all of the following liabilities of the Failed Bank as of Bank Closing, except as otherwise provided in this Agreement (such liabilities referred to as "Liabilities Assumed"):

Appears in 234 contracts

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

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Liabilities Assumed by Assuming Institution. The Assuming Institution expressly assumes at Book Value (subject to adjustment pursuant to Article VIII) and agrees to pay, perform, and discharge all of the following liabilities of the Failed Bank as of Bank Closing, except as otherwise provided in this Agreement (such liabilities referred to as "Liabilities Assumed"):

Appears in 90 contracts

Samples: Purchase and Assumption Agreement (EverBank Financial Corp), Purchase and Assumption Agreement (Ameris Bancorp), Purchase and Assumption Agreement (Ameris Bancorp)

Liabilities Assumed by Assuming Institution. The Assuming Institution expressly assumes at Book Value (subject to adjustment pursuant to Article VIII) and agrees to pay, performperform and discharge, and discharge all of the following liabilities of the Failed Bank as of the Bank ClosingClosing Date, except as otherwise provided in this Agreement (such liabilities referred to as "Liabilities Assumed"):

Appears in 78 contracts

Samples: Purchase and Assumption Agreement (Bank of the Ozarks Inc), Purchase and Assumption Agreement (Pacific Premier Bancorp Inc), Purchase and Assumption Agreement (Hancock Holding Co)

Liabilities Assumed by Assuming Institution. The Assuming Institution expressly assumes at Book Value (subject to adjustment pursuant to Article VIII) and agrees to will pay, perform, and discharge discharge, all of the following liabilities of the Failed Bank as of the Bank ClosingClosing Date, except as otherwise provided in this Agreement (such liabilities referred to as those liabilities, "Liabilities Assumed"):

Appears in 2 contracts

Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement

Liabilities Assumed by Assuming Institution. The Assuming Institution expressly assumes at Book Value (subject to adjustment pursuant to Article VIII) and agrees to pay, perform, and discharge all of the following liabilities of the Failed Bank as of Bank Closing, except as otherwise provided in this Agreement (such liabilities referred to as "liabilities, “Liabilities Assumed"):

Appears in 2 contracts

Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement

Liabilities Assumed by Assuming Institution. The Assuming Institution expressly assumes at Book Value (subject to adjustment pursuant to Article VIII) and agrees to pay, performperform and discharge, and discharge all of the following liabilities of the Failed Bank as of the Bank ClosingClosing Date, except as otherwise provided in this Agreement (such liabilities referred to as "Liabilities Assumed"):

Appears in 2 contracts

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

Liabilities Assumed by Assuming Institution. The Assuming Institution expressly assumes at Book Value (subject to adjustment pursuant to Article VIII) and agrees to pay, perform, perform and discharge discharge; all of the following liabilities of the Failed Bank as of the Bank ClosingClosing Date, except as otherwise provided in this Agreement (such liabilities referred to as "Liabilities Assumed"):

Appears in 2 contracts

Samples: Purchase and Assumption Agreement (Bond Street Holdings Inc), Purchase and Assumption Agreement (FCB Financial Holdings, Inc.)

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Liabilities Assumed by Assuming Institution. The Assuming Institution expressly assumes at Book Value (subject to adjustment pursuant to Article VIII) and agrees to pay, performperform and discharge, and discharge all of the following liabilities of the Failed Bank as of the Bank ClosingClosing Date, except for any liabilities arising from or related to excluded Other Real Estate listed on Schedule 3.5(m) and excluded Loans listed on Schedule 3.5(t) and as otherwise provided in this Agreement (such assumed liabilities referred to as "Liabilities Assumed"):

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Hilltop Holdings Inc.)

Liabilities Assumed by Assuming Institution. The Assuming Institution expressly assumes at Book Value (subject to adjustment pursuant to Article VIII) and agrees to will pay, performperform and discharge, and discharge all of the following liabilities of the Failed Bank as of the Bank ClosingClosing Date, except as otherwise provided in this Agreement (such liabilities referred to as "those liabilities, “Liabilities Assumed"):

Appears in 1 contract

Samples: Purchase and Assumption Agreement

Liabilities Assumed by Assuming Institution. The Assuming Institution expressly assumes at Book Value (subject to adjustment pursuant to Article VIII) and agrees to pay, perform, and discharge all of the following liabilities of the Failed Bank as of Bank Closing, except as otherwise provided in this Agreement (such liabilities referred to as "Liabilities Assumed"):

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Firstmerit Corp /Oh/)

Liabilities Assumed by Assuming Institution. The Assuming Institution expressly assumes at Book Value (subject to adjustment pursuant to Article VIII) and agrees to will pay, perform, and discharge discharge, all of the following liabilities of the Failed Bank as of the Bank ClosingClosing Date, except as otherwise provided in this Agreement (such liabilities referred to as "those liabilities, “Liabilities Assumed"):

Appears in 1 contract

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

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