Common use of Determination of Asset Purchase Price Clause in Contracts

Determination of Asset Purchase Price. All Acquired Assets and assets of the Failed Bank subject to an option to purchase by the Assuming Institution shall be purchased for the amount, or the amount resulting from the method specified for determining the amount, as specified on Schedule 3.2, except as otherwise may be provided herein. Any Acquired Asset Basic P&A Agreement – 2/26/15 14 Doral Bank Version 6.4P – PURCHASE AND ASSUMPTION AGREEMENT San ▇▇▇▇, PR for which no purchase price is specified on Schedule 3.2 or otherwise herein shall be purchased at its Book Value. The purchase price for Acquired Subsidiaries shall be adjusted pursuant to Section 4.6(i)(iv), if applicable.

Appears in 1 contract

Sources: Purchase and Assumption Agreement

Determination of Asset Purchase Price. All Acquired Assets and assets of the Failed Bank subject to an option to purchase by the Assuming Institution shall be purchased for the amount, or the amount resulting from the method specified for determining the amount, as specified on Schedule 3.2, except as otherwise may be provided herein. Any Acquired Asset Basic P&A Agreement – 2/26/15 14 Doral Bank Version 6.4P – PURCHASE AND ASSUMPTION AGREEMENT San J▇▇▇, PR for which no purchase price is specified on Schedule 3.2 or otherwise herein shall be purchased at its Book Value. The purchase price for Acquired Subsidiaries shall be adjusted pursuant to Section 4.6(i)(iv), if applicable.

Appears in 1 contract

Sources: Purchase and Assumption Agreement (Popular Inc)