True-Up Date definition

True-Up Date means the date which is forty-five (45) days after the latest to occur of the Termination Date of this Agreement, the Termination Date of the Single Family Agreement, if applicable, or disposition of all Assets pursuant to this Agreement or the Single Family Agreement, if applicable. EXHIBIT 2.5
True-Up Date means the date which is forty-five (45) days after the latest to occur of the Termination Date of this Agreement, the Termination Date of the Commercial Agreement or disposition of all Assets pursuant to this Agreement or the Commercial Agreement. Module 1 — Whole Bank w/ Optional Shared Loss Agreements Version 3.01 — Single Family Shared-Loss Agreement XXXXXX COMMUNITY BANK BROOKSVILLE, FLORIDA December 8, 2010 EXHIBIT 1
True-Up Date means the date that is twenty (20) Business Days following the beginning of each Fiscal Quarter (unless a tender offer for Capital Securities, launched by the Company, is ongoing or was closed less than fifteen (15) days prior to such twentieth (20th) Business Day of such Fiscal Quarter, in which case fifteen (15) days following the close of such tender offer, if later than such twentieth (20th) Business Day).

Examples of True-Up Date in a sentence

  • The Assuming Institution shall deliver the schedule required pursuant to Section 2.5(b) on or before the True-Up Date.

  • For the avoidance of doubt, if the Installment Conversion Price as of the True-Up Date is higher than the Installment Conversion Price set forth in the applicable Installment Notice, then Borrower shall have no obligation to deliver True-Up Shares to Lender, nor shall Lender have any obligation to return any excess Installment Conversion Shares to Borrower under any circumstance.

  • On or before the True-Up Date the Assuming Institution shall deliver to the Receiver a schedule, signed by the chief executive officer or the chief financial officer of the Assuming Institution, setting forth in reasonable detail the calculation described in Exhibit 2.5, including the calculation of the Net Loss Amount.

  • If the Assuming Institution’s Bid Amount, as set forth in Article VII of the Purchase and Assumption Agreement, includes an “Asset discount bid” which represents five percent (5%) or more of the purchase price of the Assets determined in accordance with Article III of the Purchase and Assumption Agreement, the Assuming Institution shall pay to the Receiver on the True-Up Date any positive amount resulting from the calculation set forth in Exhibit 2.5.

  • Pursuant to Section 2.5 of this Agreement, the following calculation applies to determine any payment due by the Assuming Institution to the Receiver on the True-Up Date.


More Definitions of True-Up Date

True-Up Date means the date which is ninety (90) days after the Closing Date."
True-Up Date means the date that is forty-five (45) days after (a) the later to occur of the Coverage Termination Date pursuant to this Agreement or the Coverage Termination Date pursuant to the Single Family Agreement, if applicable, or (b), if earlier, the disposition of all Shared-Loss Assets in accordance with this Agreement and all Shared-Loss Assets (as such term is defined in the Single Family Agreement) in accordance with the Single Family Agreement, if applicable.
True-Up Date has the meaning set forth in Section 5.2 hereof.
True-Up Date means every April 1 during the Term.
True-Up Date means the date which is forty-five (45) days after the latest to occur of the Termination Date of this Agreement, the Termination Date of the Single Family Agreement, if applicable, or disposition of all Assets pursuant to this Agreement or the Single Family Agreement, if applicable. Module 1 – Whole Bank w/ Optional Shared Loss Agreements First Georgia Banking Company Version 3.1.1 – COMMERCIAL SHARED-LOSS AGREEMENT Franklin, Georgia April 27, 2011 EXHIBIT 2.5
True-Up Date means the date upon which the final distribution to the Partners upon the Dissolution of the Partnership and the liquidation of all Partnership Property has occurred or is to be made pursuant to Sections 5.1 and 11.2.
True-Up Date means up to two additional Business Days within a Fiscal Quarter following any Quarterly Payment Date selected by the Borrower on which the Borrower may make the transfers contemplated by clause ninth of Section 3.1(b).”