Timing of Payments. (i) Payments by the Receiver under this Article 2 shall be made within thirty (30) days following the date on which the Receiver receives the Quarterly Certificate with respect to each Shared-Loss Quarter or Recovery Quarter, provided that the Quarterly Certificate is complete, accurate, timely and in compliance with the requirements of this Agreement.
Appears in 40 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.)
Timing of Payments. (i) Payments by the Receiver under this Article 2 shall be made within thirty (30) days following the date on which the Receiver receives the Quarterly Certificate with respect to each Shared-Loss Quarter or Recovery QuarterMonthly Certificate, provided that the Quarterly Monthly Certificate is complete, accurate, timely and in compliance with the requirements of this Agreement.
Appears in 36 contracts
Samples: Purchase and Assumption Agreement (FCB Financial Holdings, Inc.), Purchase and Assumption Agreement (Talmer Bancorp, Inc.), Purchase and Assumption Agreement (Talmer Bancorp, Inc.)
Timing of Payments. (i) Payments by the Receiver under pursuant to this Article 2 shall be made within thirty sixty (3060) days following the date on which the Receiver receives Receiver’s determination that (A) the Quarterly Certificate with respect to each the applicable Shared-Loss Quarter or Recovery Quarter, provided that the Quarterly Certificate as applicable, is true, complete, accuratecorrect, timely and in compliance with the requirements of this AgreementAgreement and (B) the Assuming Institution has provided to the Receiver in a timely manner all requested supporting or explanatory material and information concerning such Quarterly Certificate.
Appears in 2 contracts
Samples: Shared Loss Agreement (First Citizens Bancshares Inc /De/), Shared Loss Agreement
Timing of Payments. (i) Payments by the Receiver under pursuant to this Article 2 shall be made within thirty sixty (3060) days following the date on which the Receiver receives Receiver’s determination that (A) the Quarterly Certificate with respect to each the applicable Shared-Loss Quarter or Recovery Quarteris true, provided that the Quarterly Certificate is complete, accuratecorrect, timely and in compliance with the requirements of this AgreementAgreement and (B) the Assuming Institution has provided to the Receiver in a timely manner all requested supporting or explanatory material and information concerning such Quarterly Certificate.
Appears in 1 contract
Samples: Single Family Shared Loss Agreement
