Common use of Subrogation Clause in Contracts

Subrogation. Upon payment by the Receiver, or the Corporation as guarantor in accordance with Section 12.7, to any Indemnitee for any claims indemnified by the Receiver under this Article XII, the Receiver, or the Corporation as appropriate, shall become subrogated to all rights of the Indemnitee against any other Person to the extent of such payment.

Appears in 632 contracts

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

AutoNDA by SimpleDocs

Subrogation. Upon payment by the Receiver, or the Corporation as guarantor in accordance with Section 12.7, to any Indemnitee for any claims indemnified by the Receiver under this Article XII, the Receiver, or the Corporation as appropriate, shall become subrogated to all rights of the Indemnitee against any other Person to the extent of such payment.payment.β€Œ

Appears in 52 contracts

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

Subrogation. Upon payment by the Receiver, or the Corporation as guarantor in accordance with Section 12.7, to any Indemnitee for any claims indemnified by the Receiver under this Article XII, the Receiver, or the Corporation as appropriate, shall will become subrogated to all rights of the Indemnitee against any other Person to the extent of such that payment.

Appears in 5 contracts

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

Subrogation. Upon payment by the Receiver, or the Corporation as guarantor in accordance with Section 12.710.6, to any Indemnitee for any claims indemnified by the Receiver under this Article XIIX, the Receiver, or the Corporation as appropriate, shall become subrogated to all rights of the Indemnitee against any other Person to the extent of such payment.

Appears in 2 contracts

Samples: Paying Agent Agreement, Paying Agent Agreement

Subrogation. Upon payment by the Receiver, or the Corporation as guarantor in accordance with Section 12.7, to any Indemnitee for any claims indemnified by the Receiver under this Article XII, the Receiver, or the Corporation as appropriate, shall become subrogated to all rights of the Indemnitee against any other Person to the extent of such payment. ARTICLE XIII.

Appears in 2 contracts

Samples: Purchase and Assumption Agreement (First NBC Bank Holding Co), Purchase and Assumption Agreement (WashingtonFirst Bankshares, Inc.)

AutoNDA by SimpleDocs

Subrogation. Upon payment by the Receiver, or the Corporation as guarantor in accordance with Section 12.712. 7, to any Indemnitee Indernnitee for any claims indemnified by the Receiver under this Article XII, the Receiver, or the Corporation as appropriate, shall will become subrogated to all rights of the Indemnitee lndemnitee against any other Person to the extent of such that payment. ARTICLE XIII.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (New York Community Bancorp Inc)

Subrogation. Upon payment by the Receiver, or the Corporation as guarantor in accordance with Section 12.7, to any Indemnitee lndemnitee for any claims indemnified by the Receiver under this Article XII, the Receiver, or the Corporation as appropriate, shall become subrogated to all rights of the Indemnitee lndemnitee against any other Person to the extent of such payment.

Appears in 1 contract

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

Time is Money Join Law Insider Premium to draft better contracts faster.