Receiver’s Relocation Right. If the Receiver or the Corporation determine that the space provided by the Assuming Institution is inadequate or unsuitable, the Receiver and the Corporation may relocate to other quarters having adequate and suitable FDIC Office Space and the costs of relocation and any rental and utility costs for the balance of the period of occupancy by the Receiver and the Corporation shall be borne by the Assuming Institution.
Appears in 43 contracts
Samples: Purchase and Assumption Agreement (Certusholdings, Inc.), Purchase and Assumption Agreement (Enterprise Financial Services Corp), Purchase and Assumption Agreement (Bank of the Ozarks Inc)
Receiver’s Relocation Right. If the Receiver or the Corporation determine that the space provided by the Assuming Institution is inadequate or unsuitable, the Receiver and the Corporation may relocate to other quarters having adequate and suitable FDIC Office Space and the costs of relocation shall be borne by the Assuming Institution and any rental and utility costs for the balance of the period of occupancy by the Receiver and the Corporation shall be borne by the Assuming Institutionpaid in accordance with 4.11(b).
Appears in 28 contracts
Samples: Purchase and Assumption Agreement (Bay Bancorp, Inc.), Purchase and Assumption Agreement (Bay Bancorp, Inc.), Purchase and Assumption Agreement (Fidelity Southern Corp)
Receiver’s Relocation Right. If the Receiver or the Corporation determine determines that the space provided by the Assuming Institution is inadequate or unsuitable, the Receiver and the Corporation may relocate to other quarters having adequate and suitable FDIC Office Space and the costs of relocation and any rental and utility costs for the balance of the period of occupancy by the Receiver and the Corporation shall be borne by the Assuming Institution. Any rental and utility costs shall be paid in accordance with Sections 4.11(a) or 4.11(b), as applicable.
Appears in 6 contracts
Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement, Purchase and Assumption Agreement
Receiver’s Relocation Right. If the Receiver or the Corporation determine determines that the space provided by the Assuming Institution is inadequate or unsuitable, the Receiver and the Corporation may relocate to other quarters having adequate and suitable FDIC Office Space Space, and the Assuming Institution will pay all costs of relocation and any relocation. Any rental and utility costs for the balance of the period of occupancy by the Receiver and the Corporation shall will be borne by the Assuming Institutionpaid in accordance with Sections 4.11(a) or 4.11(b), as applicable.
Appears in 2 contracts
Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement (First Citizens Bancshares Inc /De/)
Receiver’s Relocation Right. If the Receiver or the Corporation determine that the space provided by the Assuming Institution is inadequate or unsuitable, the Receiver and the Corporation may relocate to other quarters having adequate and suitable FDIC Office Space and the costs of relocation shall be borne by the Assuming Institution and any rental and utility costs for the balance of the period of occupancy by the Receiver and the Corporation shall be borne by the Assuming Institutionpaid in accordance with 4.11(b) .
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Home Bancshares Inc)
Receiver’s Relocation Right. If the Receiver or the the. Corporation determine that the space provided by the Assuming Institution is inadequate or unsuitable, the Receiver and the Corporation may relocate to other quarters having adequate and suitable FDIC Office Space and the costs of relocation shall be borne by the Assuming Institution and any rental and utility costs for the balance of the period of occupancy by the Receiver and the Corporation shall be borne by the Assuming Institutionpaid in accordance with 4.11(b).
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Great Southern Bancorp Inc)
Receiver’s Relocation Right. If the Receiver or the Corporation determine determines that the space provided by the Assuming Institution is inadequate or unsuitable, the Receiver and the Corporation may relocate to other quarters having adequate and suitable FDIC Office Space and the Assuming Institution will pay all costs of relocation and any relocation. Any rental and utility costs for the balance of the period of occupancy by the Receiver and the Corporation shall will be borne by the Assuming Institutionpaid in accordance with Sections 4.1l(a) or 4.1l(b), as applicable.
Appears in 1 contract
Samples: Purchase and Assumption Agreement
Receiver’s Relocation Right. If the Receiver or the Corporation determine determines that the space provided by the Assuming Institution is inadequate or unsuitable, the Receiver and the Corporation may relocate to other quarters having adequate and suitable FDIC Office Space Space, and the Assuming Institution will pay all costs of relocation and any relocation. Any rental and utility costs for the balance of the period of occupancy by the Receiver and the Corporation shall will be borne by the Assuming Institutionpaid in accordance with Sections 4. 1l(a) or 4. 1l(b), as applicable.
Appears in 1 contract
Samples: Purchase and Assumption Agreement
Receiver’s Relocation Right. If the Receiver or the Corporation determine determines that the space provided by the Assuming Institution is inadequate or unsuitable, the Receiver and the Corporation may relocate to other quarters having adequate and suitable FDIC Office Space Space, and the Assuming Institution will pay all costs of relocation and any relocation. Any rental and utility costs for the balance of the period of occupancy by the Receiver and the Corporation shall will be borne by the Assuming Institution.paid in accordance with Sections 4.11 (a) or 4.11 (b ), as applicable. ( d)
Appears in 1 contract
Samples: Purchase and Assumption Agreement (New York Community Bancorp Inc)
