Uncollected Items. Buyer shall pay to Seller, not later than two (2) business days after demand, the amount of all uncollected items included in the Deposits on the Closing Date which are returned to Seller after the Closing Date as uncollected; provided, that Seller shall, upon Buyer’s making such payment, deliver each such item to Buyer and shall assign to Buyer any and all rights which Seller may have or obtain in connection with such returned items.
Appears in 2 contracts
Samples: Branch Purchase and Assumption Agreement (Limestone Bancorp, Inc.), Branch Purchase and Assumption Agreement (Citizens First Corp)
Uncollected Items. Buyer shall pay to Seller, not later than ------------ ----------------- two (2) business days after demand, the amount of all uncollected items included in the Deposits on the Closing Date which are returned to Seller after the Closing Date as uncollected; provided, that Seller shall, upon Buyer’s 's making such payment, deliver each such item to Buyer and shall assign to Buyer any and all rights which Seller may have or obtain in connection with such returned items.
Appears in 1 contract
Samples: Branch Purchase and Assumption Agreement (HCB Bancshares Inc)
Uncollected Items. Buyer shall pay to Seller, not later than two (2) business days after demand, the amount of all uncollected items included in the Deposits on the Closing Date which are returned to Seller after the Closing Date as uncollected; provided, that Seller shall, upon Buyer’s 's making such payment, deliver each such item to Buyer and shall assign to Buyer any and all rights which Seller may have or obtain in connection with such returned items.
Appears in 1 contract
Samples: Branch Purchase and Assumption Agreement (Jacksonville Bancorp Inc)
Uncollected Items. Buyer shall pay to Seller, not later ------------ ----------------- than two (2) business days after demand, the amount of all uncollected items included in the Deposits on the Closing Date which are returned to Seller after the Closing Date as uncollected; provided, that Seller shall, upon Buyer’s 's making such payment, deliver each such item to Buyer and shall assign to Buyer any and all rights which Seller may have or obtain in connection with such returned items.
Appears in 1 contract
Samples: Branch Purchase and Assumption Agreement (First Southern Bancshares Inc/De)
