Common use of Termination of the SFSLA and the CSLA Clause in Contracts

Termination of the SFSLA and the CSLA. Upon the occurrence of the Closing and subsequent payment of the Termination Amount all rights and obligations of the parties to make and receive payments pursuant to the SFSLA and the CSLA and all rights and obligations of the parties thereto, shall terminate effective as of the Closing Date.

Appears in 1 contract

Samples: Termination Agreement (Bb&t Corp)

AutoNDA by SimpleDocs

Termination of the SFSLA and the CSLA. Upon the occurrence of the Closing and subsequent payment of the Termination Amount Amount, all rights and obligations of the parties to make and receive payments pursuant to the SFSLA and the CSLA CSLA, and all rights and obligations of the parties thereto, shall terminate effective as of the Closing Date.

Appears in 1 contract

Samples: Termination Agreement (Community Bankers Trust Corp)

Termination of the SFSLA and the CSLA. Upon the occurrence of the Closing and subsequent payment of the Termination Amount Amount, all rights and obligations of the parties to make and receive payments pursuant to the SFSLA and the CSLA Shared-Loss Agreements and all rights and obligations of the parties thereto, shall terminate effective as of the Closing Date.

Appears in 1 contract

Samples: Termination Agreement (Simmons First National Corp)

Termination of the SFSLA and the CSLA. Upon the occurrence of the Closing and subsequent payment of the Termination Amount all rights and obligations of the parties to make and receive payments pursuant to the SFSLA and the CSLA and all rights and obligations of the parties thereto, shall terminate effective as of the Closing Date.

Appears in 1 contract

Samples: Termination Agreement (FCB Financial Holdings, Inc.)

AutoNDA by SimpleDocs

Termination of the SFSLA and the CSLA. Upon the occurrence of the Closing and subsequent payment of the Termination Amount all rights and obligations of the parties to make and receive payments pursuant to the SFSLA and the CSLA and all rights and obligations of the parties thereto, shall terminate effective as of the Closing Date.. 2.3

Appears in 1 contract

Samples: Termination Agreement (BNC Bancorp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!