Common use of Occupancy Clause in Contracts

Occupancy. The Assuming Institution shall give the Receiver fifteen (15) days' prior written notice of its intention to vacate prior to vacating any leased Bank Premises with respect to which the Assuming Institution has not exercised the option provided in Section 4.6(b). Any such notice shall be deemed to terminate the Assuming Institution's option with respect to such leased Bank Premises.

Appears in 226 contracts

Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement, Purchase and Assumption Agreement

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Occupancy. The Assuming Institution Bank shall give the Receiver fifteen (15) days' prior written notice of its intention to vacate prior to vacating any leased Bank Premises with respect to which the Assuming Institution Bank has not exercised the option provided in Section 4.6(b). Any such notice shall be deemed to terminate the Assuming InstitutionBank's option with respect to such leased Bank Premises.

Appears in 183 contracts

Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement, Purchase and Assumption Agreement (Bbva Compass Bancshares, Inc)

Occupancy. The Assuming Institution Bank shall give the Receiver fifteen (15) days' prior written notice of its intention to vacate prior to vacating any leased Bank Premises with respect to which the Assuming Institution Bank has not exercised the option provided in Section 4.6(b). Any such notice shall be deemed to terminate the Assuming Institution's Bank’s option with respect to such leased Bank Premises.

Appears in 82 contracts

Samples: Purchase and Assumption Agreement (FCB Financial Holdings, Inc.), Purchase and Assumption Agreement (FCB Financial Holdings, Inc.), Purchase and Assumption Agreement (Bond Street Holdings Inc)

Occupancy. The Assuming Institution shall give the Receiver fifteen (15) days' prior written notice of its intention to vacate prior to vacating any leased Bank Premises with respect to which the Assuming Institution has not exercised the option provided in Section 4.6(b). Any such notice shall be deemed to terminate the Assuming Institution's ’s option with respect to such leased Bank Premises.

Appears in 80 contracts

Samples: Purchase and Assumption Agreement (Great Western Bancorp, Inc.), Purchase and Assumption Agreement (FCB Financial Holdings, Inc.), Purchase and Assumption Agreement (Talmer Bancorp, Inc.)

Occupancy. The Assuming Institution shall give the Receiver fifteen (15) days' days prior written notice of its intention to vacate prior to vacating any leased Bank Premises with respect to which the Assuming Institution has not exercised the option provided in Section 4.6(b). Any such notice shall be deemed to terminate the Assuming Institution's ’s option with respect to such leased Bank Premises.

Appears in 54 contracts

Samples: Purchase and Assumption Agreement (HCBF Holding Company, Inc.), Purchase and Assumption Agreement (FCB Financial Holdings, Inc.), Purchase and Assumption Agreement (FCB Financial Holdings, Inc.)

Occupancy. The Assuming Institution shall give the Receiver fifteen (15) days' days prior written notice of its intention to vacate prior to vacating any leased Bank Premises with respect to which the Assuming Institution has not exercised the option provided in Section 4.6(b). Any such notice shall be deemed to terminate the Assuming Institution's option with respect to such leased Bank Premises.

Appears in 10 contracts

Samples: Purchase and Assumption Agreement (Enterprise Financial Services Corp), Purchase and Assumption Agreement, Purchase and Assumption Agreement

Occupancy. The Assuming Institution shall give the Receiver fifteen (15) days' prior written notice of its intention to vacate prior to vacating any leased Bank Premises with respect to which the Assuming Institution has not exercised the option provided in Section 4.6(b)) . Any such notice shall be deemed to terminate the Assuming Institution's ’s option with respect to such leased Bank Premises.

Appears in 5 contracts

Samples: Purchase and Assumption Agreement (Midland States Bancorp, Inc.), Purchase and Assumption Agreement (Ameris Bancorp), Purchase and Assumption Agreement (Ameris Bancorp)

Occupancy. The Assuming Institution Bank shall give the Receiver fifteen (15) days' days prior written notice of its intention to vacate prior to vacating any leased Bank Premises with respect to which the Assuming Institution Bank has not exercised the option provided in Section 4.6(b). Any such notice shall be deemed to terminate the Assuming InstitutionBank's option with respect to such leased Bank Premises.

Appears in 4 contracts

Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement Whole, Purchase and Assumption Agreement

Occupancy. The Assuming Institution Bank shall give the Receiver fifteen (15) days' days prior written notice of its intention to vacate prior to vacating any leased Bank Premises with respect to which the Assuming Institution Bank has not exercised the option provided in Section 4.6(b). Any such notice shall be deemed to terminate the Assuming Institution's Bank’s option with respect to such leased Bank Premises.

Appears in 3 contracts

Samples: Purchase and Assumption Agreement (Charter Financial Corp/Ga), Purchase and Assumption Agreement, Purchase and Assumption Agreement

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Occupancy. The Assuming Institution shall give the Receiver fifteen (15) days' days prior written notice of its intention to vacate prior to vacating any leased Bank Premises with respect to which the Assuming Institution has not exercised the option provided in Section 4.6(b)) . Any such notice shall be deemed to terminate the Assuming Institution's ’s option with respect to such leased Bank Premises.

Appears in 2 contracts

Samples: Purchase and Assumption Agreement (Trico Bancshares /), Purchase and Assumption Agreement (Bank of the Ozarks Inc)

Occupancy. The Assuming Institution shall give the Receiver fifteen (15) days' prior written notice of its intention to vacate prior to vacating any leased Bank Premises with respect to which the Assuming Institution has not exercised the option provided in Section 4.6(b). Any such notice shall be deemed to terminate the Assuming Institution's option with respect to such leased Bank Premises.. Module 1 – Whole Bank w/ Loss Share – P&A EARTHSTAR BANK Version 2.11B SOUTHAMPTON, PENNSYLVANIA October 8, 2010

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Polonia Bancorp)

Occupancy. The Assuming Institution Bank shall give the Receiver fifteen (15) days' prior days’prior written notice of its intention to vacate prior to vacating any leased Bank Premises with respect to which the Assuming Institution Bank has not exercised the option provided in Section 4.6(b). Any such notice shall be deemed to terminate the Assuming Institution's Bank’s option with respect to such leased Bank Premises.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Community Bankers Trust Corp)

Occupancy. The Assuming Institution Bank shall give the Receiver fifteen (15) days' prior written notice of its intention to vacate prior to vacating any leased Ieased Bank Premises with respect to which the Assuming Institution Bank has not exercised the option provided in Section 4.6(b). Any such notice shall be deemed to terminate the Assuming Institution's Bank’s option with respect to such leased Bank Premises.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Mb Financial Inc /Md)

Occupancy. The Assuming Institution shall give the Receiver fifteen (15) days' prior written notice of its intention to vacate prior to vacating any leased Bank Premises with respect to which the Assuming Institution has not exercised the option provided in Section 4.6(b). Any such notice shall be deemed to terminate the Assuming Institution's option with respect to such leased Bank Premises.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Bank of the Ozarks Inc)

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