Obligations of Purchaser on the Closing Date. On the Closing Date, Purchaser shall execute, acknowledge and deliver to Seller an Instrument of Assumption of Assumed Liabilities substantially similar in form and substance to Exhibit D attached hereto and made a part hereof, and all such other instruments as shall be reasonably necessary or advisable to consummate the sale and transfer of assets to Purchaser and the assumption of Assumed Liabilities by Purchaser.
Appears in 4 contracts
Sources: Purchase and Sale Agreement (First Nationwide Parent Holdings Inc), Asset Purchase Agreement (Charter One Financial Inc), Purchase and Sale Agreement (First Nationwide Holdings Inc)
Obligations of Purchaser on the Closing Date. On the Closing Date, Purchaser shall execute, acknowledge and deliver to Seller an Instrument of Assumption of Assumed Liabilities substantially similar in form and substance to Exhibit D attached hereto and made a part hereof, and all such other instruments as shall be reasonably necessary or advisable to consummate the sale and transfer of assets to Purchaser and the assumption of Assumed Liabilities by Purchaser; and execute, acknowledge and deliver to Seller all instruments, as set forth in Exhibit "G", attached hereto and made a part hereof.
Appears in 1 contract
Sources: Asset Purchase and Sale Agreement (City National Bancshares Corp)