Failed Bank Records definition

Failed Bank Records means Records of the Failed Bank, including but not limited to, its corporate minutes, general ledger and subsidiary ledgers and schedules which support the general ledger balances.
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Failed Bank Records means records as defined in 12 C.F.R. § 360.11(a)(3).
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Failed Bank Records means records as defined in 12 C.F.R. § 360.11(a)(3). “Fair Market Value” means:
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Examples of Failed Bank Records in a sentence

  • Loans or other assets charged off on the Failed Bank Records before the Bid Valuation Date shall be purchased at a price of zero.

  • If the Receiver or Corporation is seeking access to a Failed Bank Record from the Assuming Institution, the Receiver or Corporation need not provide a subpoena to obtain access to the Failed Bank Records in the Assuming Institution’s custody.

  • The Assuming Institution shall have the primary responsibility to respond to subpoenas, discovery requests, and other similar official inquiries and customer requests for lien releases with respect to the Failed Bank Records of which it has custody.

  • With respect to Electronically Stored Information, the Assuming Institution must maintain those Failed Bank Records in an easily accessible and useable format.

  • The Assuming Institution will preserve and maintain, at its sole expense, for the joint benefit of the Receiver, the Corporation and the Assuming Institution, all Failed Bank Records, regardless of whether the Failed Bank Records were transferred to the Assuming Institution under Section 6.1 or retained by the Receiver under Sections 6.1(a) through (c), except those Failed Bank Records which the Receiver, in its sole and absolute discretion, chooses to physically take.


More Definitions of Failed Bank Records

Failed Bank Records means, with regard to the Failed Bank, records as defined in 12 C.F.R.
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Failed Bank Records means Records of the Failed Bank, including but not limited to, its corporate minutes, general ledger and subsidiary ledgers and schedules which support the general ledger balances. Module 1 — Whole Bank w/ Optional Shared Loss Agreements ▇▇▇▇▇▇ COMMUNITY BANK Version 3.01 — Purchase and Assumption Agreement BROOKSVILLE, FLORIDA December 8, 2010
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Failed Bank Records has the meaning set forth in the Purchase and Assumption Agreement.
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Failed Bank Records means records as defined in 12 C.F.R. 360. l l(a)(3). Whole Bnnk Version 5.4P- PURCHASE AND ASSUMPTION AGREEMENT 4 Texas Community B:lnk, Na.tional Association The Woodlands. TX
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Failed Bank Records means records as defined in 12 C.F.R. § 360.11(a)(3). Basic P&A Agreement Version 8.1 - PURCHASE AND ASSUMPTION AGREEMENT First NBC Bank New Orleans, LA
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Failed Bank Records means Records of the Failed Bank, including but not limited to, its corporate minutes, general ledger and subsidiary ledgers and schedules which support the general ledger balances. Whole Bank w/ Optional Shared Loss Agreements Version 5.2 – Purchase and Assumption Agreement February 21, 2013 4 First Federal Bank Lexington, Kentucky
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Failed Bank Records. (as defined in the Primary P&A Agreement) relating to the Transferred Assets, subject to Section 7.19 of this Agreement.
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