Performance of Liabilities. Subject to Seller's compliance with Section 13.6 from and after the Closing, Buyer agrees to pay (to the extent there are sufficient available funds on deposit) all properly drawn checks, drafts and negotiable withdrawal orders drawn against a Deposit account transferred by Seller to Buyer as contemplated herein, timely presented to Buyer by mail, over its counters or through inclearings and whether drawn on the check or draft forms provided by Seller for sixty (60) days after the Closing Date.
Appears in 2 contracts
Samples: Purchase Assets and Assume Liabilities (Bank Plus Corp), Bank Plus Corp
Performance of Liabilities. Subject to Seller's compliance with Section 13.6 from and after the Closing, Buyer agrees to pay (to the extent there are sufficient available funds on deposit) all properly drawn checks, drafts and negotiable withdrawal orders drawn against a Deposit account transferred by Seller to Buyer as contemplated herein, timely presented to Buyer by mail, over its counters or through inclearings and whether drawn on the check or draft forms provided by Seller for sixty ninety (6090) days after the Closing Date.
Appears in 2 contracts
Samples: Agreement to Purchase (Bank Plus Corp), Agreement (Bank Plus Corp)
Performance of Liabilities. Subject to Seller's compliance with Section 13.6 from and after the Closing, Buyer agrees to pay (to the extent there are sufficient available funds on deposit) all properly drawn checks, drafts and negotiable orders of withdrawal orders drawn against a Deposit account transferred by Seller to Buyer as contemplated herein, timely presented to Buyer by mail, over its counters or through inclearings and whether drawn on the check or draft forms provided by Seller for sixty ninety (6090) days after the Closing Date.
Appears in 1 contract
