Safe Deposit Boxes definition

Safe Deposit Boxes means the safe deposit boxes of the Failed Bank, if any, including the removable safe deposit boxes and safe deposit stacks in the Failed Bank's vault(s), all rights and benefits under rental agreements with respect to such safe deposit boxes, and all keys and combinations thereto.
Safe Deposit Boxes means all right, title and interest of Seller in and to any safe deposit business conducted at the Home Office or the Branch Offices as of the close of business on the Closing Date.
Safe Deposit Boxes means all of the safe deposit boxes domiciled at the Branch, along with the "nests" associated with those boxes.

Examples of Safe Deposit Boxes in a sentence

  • The Safe Deposit Boxes shall be located and maintained in the trade area of the Failed Bank for a minimum of one year from Bank Closing.


More Definitions of Safe Deposit Boxes

Safe Deposit Boxes means the safe deposit boxes of the Purchased ------------------ Branches, if any, including the removable safe deposit boxes and safe deposit stacks in the Purchased Branches vault(s), all rights and benefits under rental agreements with respect to such safe deposit boxes, and all keys and combinations thereto.
Safe Deposit Boxes means the safe deposit boxes of the Failed Bank, if any, including the removable safe deposit boxes and safe deposit stacks in the Failed Bank’s vault(s), Module 1 – Whole Bank w/ Loss Share – P&A 7 First National Bank of the South Version 2.07 Spartanburg, South Carolina June 10, 2010 all rights and benefits under rental agreements with respect to such safe deposit boxes, and all keys and combinations thereto.
Safe Deposit Boxes means all safe deposit boxes owned or leased by the Seller, if any, including, but not limited to, the removable safe deposit boxes and safe deposit stacks on the Seller’s vault and all keys and combinations thereto.
Safe Deposit Boxes means the safe deposit boxes of the Failed Bank, if any, including the removable safe deposit boxes and safe deposit stacks in the Failed Bank’s vault(s), all rights and benefits under rental agreements with respect to such safe deposit boxes, and all keys and combinations thereto. “Settlement Date” means the first Business Day immediately prior to the day which is three hundred sixty-five (365) days after the Bank Closing Date, or such other date prior thereto as may be agreed upon by the Receiver and the Assuming Institution. The Receiver, in its discretion, may extend the Settlement Date. “Settlement Interest Rate” means, for the first calendar quarter or portion thereof during which interest accrues, the rate determined by the Receiver to be equal to the investment rate on twenty-six (26)-week United States Treasury Bills as published on the Bank Closing Date by the United States Treasury on the XxxxxxxxXxxxxx.xxx website; provided, that if no such Investment Rate is published the week of the Bank Closing Date, the investment rate for such Treasury Bills most recently published by the United States Treasury on XxxxxxxxXxxxxx.xxx prior to the Bank Closing Date shall be used. Thereafter, the rate shall be adjusted to the rate determined by the Receiver to be equal to the Investment Rate on such Treasury Bills in effect as of the first day of each succeeding calendar quarter during which interest accrues as published by the United States Treasury on the XxxxxxxxXxxxxx.xxx website. “Specialty Assets” means assets that have a greater value than more traditional furniture and equipment owned by the Failed Bank and reflected on the Failed Bank Records as of the Bank Closing Date and located on or at Bank Premises, including without limitation fine art and high end decorative art; classic and antique motor vehicles; rare books; rare coins; airplanes; boats; jewelry; collectible firearms; Indian or other cultural artifacts; sculptures; Proprietary Software; and any other items that typically cannot be appraised by a Furniture and Equipment appraiser. Specialty Assets does not include any repossessed collateral. “Subsequently Occupied Space” has the meaning set forth in Section 4.6(f).
Safe Deposit Boxes has the meaning set forth in Section 9.5.
Safe Deposit Boxes means all safe deposit boxes owned by Seller as of the Closing Date located at the Branch, including any removable safe deposit boxes and safe deposit stacks in the vaults at the Branch, all right and benefit of Seller accrued as of the Closing Date under the rental agreements with respect to the safe deposit boxes located at the Branch and all keys and combinations thereto. The Safe Deposit Boxes owned or leased by Seller as of the close of business on the Business Day immediately prior to the date hereof are listed on Schedule 1.1 (d) attached hereto, which shall be updated by Seller as of a date no more than five (5) calendar days prior to the Closing Date.
Safe Deposit Boxes means all safe deposit boxes located at each of the Branches.