TERMINATION AGREEMENT AMONG FEDERAL DEPOSIT INSURANCE CORPORATION RECEIVER OF WESTERNBANK PUERTO RICO, MAYAGUEZ, PUERTO RICO FEDERAL DEPOSIT INSURANCE CORPORATION and BANCO POPULAR DE PUERTO RICO HATO REY, PUERTO RICO DATED AS OF MAY 22, 2018Termination Agreement • May 24th, 2018 • Popular Inc • State commercial banks
THIS TERMINATION AGREEMENT (the “Agreement”), is made and entered into as of the 22nd day of May, 2018, by and among the FEDERAL DEPOSIT INSURANCE CORPORATION as RECEIVER OF WESTERNBANK, PUERTO RICO (the “Receiver”), BANCO POPULAR DE PUERTO RICO, organized under the laws of the Commonwealth of Puerto Rico and having its principal place of business in HATO REY, PUERTO RICO (the “Assuming Institution”), and the FEDERAL DEPOSIT INSURANCE CORPORATION, organized under the laws of the United States of America and having its principal office in Washington, D.C., acting in its corporate capacity (the “Corporation”).
