PURCHASE AND ASSUMPTION AGREEMENT by and among HSBC BANK USA, NATIONAL ASSOCIATION, HSBC SECURITIES (USA) INC., HSBC TECHNOLOGY & SERVICES (USA) INC. and FIRST NIAGARA BANK, NATIONAL ASSOCIATION JULY 30, 2011Purchase and Assumption Agreement • August 1st, 2011 • First Niagara Financial Group Inc • Savings institutions, not federally chartered • New York
This PURCHASE AND ASSUMPTION AGREEMENT, dated as of July 30, 2011, is among HSBC Bank USA, National Association, a national banking association with its principal office in McLean, Virginia (“Seller”), HSBC Securities (USA) Inc., a Delaware corporation with its principal office in New York, New York (“HSI”) (provided that HSI is a party solely with respect to the Transferred Wealth Management Relationships, the Wealth Management Business or any Purchased Assets held by HSI or Assumed Liabilities transferred by HSI), HSBC Technology & Services (USA) Inc., a Delaware corporation with its principal office in Mettawa, Illinois (“HTSI”) (provided that HTSI is a party solely with respect to the Purchased Assets held by HTSI or Assumed Liabilities transferred by HTSI), and First Niagara Bank, National Association, a national banking association with its principal office in Buffalo, New York (“Purchaser”).
