Common use of Receiver’s Assumption of Related Liabilities Clause in Contracts

Receiver’s Assumption of Related Liabilities. The Receiver shall assume all Related Liabilities with respect to any Shared-Loss Asset or Asset repurchased pursuant to this Section 2.11 with effect from the date of transfer of such Shared-Loss Asset or Asset.

Appears in 41 contracts

Samples: Purchase and Assumption Agreement (SCBT Financial Corp), Purchase and Assumption Agreement (Certusholdings, Inc.), Purchase and Assumption Agreement (Bank of the Ozarks Inc)

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Receiver’s Assumption of Related Liabilities. The Receiver shall assume all Related Liabilities with respect to any Shared-Loss Asset or Asset repurchased pursuant to this Section 2.11 2.10 with effect from the date of transfer of such Shared-Loss Asset or Asset.

Appears in 1 contract

Samples: Shared Loss Agreement

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Receiver’s Assumption of Related Liabilities. The Receiver shall assume all Related Liabilities with respect to any Shared-Loss Asset or Acquired Asset repurchased pursuant to this Section 2.11 2.10 with effect from the date of transfer of such Shared-Loss Asset or Acquired Asset.

Appears in 1 contract

Samples: Shared Loss Agreement (First Citizens Bancshares Inc /De/)

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