Common use of Litigation Matters Clause in Contracts

Litigation Matters. If the FDIC Party and the Assuming Institution do not agree to submit the Dispute Item to arbitration, the Dispute Item may be resolved by litigation in accordance with Federal or state law, as provided in Section 13.10 of the Purchase and Assumption Agreement. Any litigation shall be filed in a United States District Court in the proper district.

Appears in 24 contracts

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

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Litigation Matters. If the FDIC Party and the Assuming Institution do not agree to submit the Dispute Item to arbitration, the Dispute Item may be resolved by litigation in accordance with Federal or state law, as provided in Section 13.10 13.9 of the Purchase and Assumption Agreement. Any litigation shall be filed in a United States District Court in the proper district.

Appears in 17 contracts

Samples: Purchase and Assumption Agreement (BNC Bancorp), Purchase and Assumption Agreement (1st United Bancorp, Inc.), Purchase and Assumption Agreement (First Financial Holdings Inc /De/)

Litigation Matters. If the FDIC Party and the Assuming Institution do not agree to submit the Dispute Item to arbitration, the Dispute Item may be resolved by litigation in accordance with Federal or state law, as provided in Section 13.10 13.09 of the Purchase and Assumption Agreement. Any litigation shall be filed in a United States District Court in the proper district.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Bank of the Ozarks Inc)

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Litigation Matters. If the FDIC Party and the Assuming Institution do not agree to submit the Dispute Item to arbitration, the Dispute Item may be resolved by litigation in THE BANK OF ASHEVILLE ASHEVILLE, NORTH CAROLINA 25 accordance with Federal or state law, as provided in Section 13.10 of the Purchase and Assumption Agreement. Any litigation shall be filed in a United States District Court in the proper district.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (First Bancorp /Nc/)

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