Wrong Pocket Assets. Unless otherwise specifically provided in Exhibit A, if at any time or from time to time after each Closing Date, any Seller Entity, on the one hand, or Purchaser, on the other, shall receive or otherwise possess any asset (including cash) that should belong to another Person pursuant to this Agreement, such Seller Entity or Purchaser agree to promptly transfer, or cause to be transferred, such asset to the Person so entitled thereto.
Appears in 2 contracts
Sources: Purchase and Assumption Agreement (First Niagara Financial Group Inc), Purchase and Assumption Agreement (First Niagara Financial Group Inc)
Wrong Pocket Assets. Unless otherwise specifically provided in Exhibit AIn the event that, if at any time or from time to time for three years after each the Closing Date, any Seller EntitySeller, on the one hand, or Purchaserthe Company, on the other, shall receive become aware that it has received or otherwise possess possesses any asset (including cash) that should belong to another Person pursuant to this Agreement, such Seller Entity or Purchaser agree to Person shall promptly transfer, or cause to be transferred, such asset to the Person so entitled thereto. Prior to any such transfer, the Person receiving or possessing such asset shall hold such asset in trust for such other Person.
Appears in 1 contract
Wrong Pocket Assets. Unless otherwise specifically provided in Exhibit A, if If at any time or from time to time after each Closing Date, any Seller EntitySeller, on the one hand, or Purchaser, on the other, shall receive or otherwise possess any asset (including cash) that should belong to another Person pursuant to this Agreement, such Seller Entity or Purchaser agree to promptly transfer, or cause to be transferred, such asset to the Person so entitled thereto.
Appears in 1 contract
Sources: Purchase and Assumption Agreement (Banc of California, Inc.)
Wrong Pocket Assets. Unless otherwise specifically provided in Exhibit A, if at any time or from time to time after each the Closing Date, any Seller EntityAssignor, on the one hand, or Purchaser, on the other, shall receive or otherwise possess any asset (including cash) that should belong to another Person pursuant to this Agreement, such Seller Entity Assignor or Purchaser agree agrees to promptly transfer, or cause to be transferred, such asset to the Person so entitled thereto.
Appears in 1 contract
Sources: Assignment, Purchase and Assumption Agreement (Financial Institutions Inc)
Wrong Pocket Assets. Unless otherwise specifically provided in Exhibit A, if at any time or from time to time after each the Closing Date, any Seller EntitySeller, on the one hand, or Purchaser, on the other, shall receive or otherwise possess any asset (including cash) that should belong to another Person pursuant to this Agreement, such Seller Entity or Purchaser agree agrees to promptly transfer, or cause to be transferred, such asset to the Person so entitled thereto.
Appears in 1 contract
Sources: Purchase and Sale Agreement (Northwest Bancshares, Inc.)