Transfer and Consideration. Subject to the terms and conditions set forth in this Agreement and except as otherwise indicated in the Schedules hereto, at the Closing, Purchaser shall (a) purchase the Assets; and (b) assume the Liabilities, and Seller shall sell, grant, assign, transfer, convey and deliver to Purchaser, all of Seller’s right, title and interest in and to (i) such Assets, and (ii) such Liabilities.
Appears in 2 contracts
Sources: Purchase and Assumption Agreement (Solera National Bancorp, Inc.), Purchase and Assumption Agreement (Solera National Bancorp, Inc.)
Transfer and Consideration. Subject to the terms and conditions set forth in this Agreement and except as otherwise indicated in the Schedules heretoAgreement, at the Closing, Purchaser shall (ai) purchase the Assets; Assets and (bii) assume the Liabilities, and Seller shall sell, grant, assign, transfer, convey and deliver to Purchaser, free and clear of all Encumbrances (except as described in Section 5.4), all of Seller’s right, title and interest in and to (i) such Assets, the Assets and (ii) such the Liabilities.
Appears in 1 contract
Sources: Purchase and Assumption Agreement
Transfer and Consideration. (a) Subject to the terms and conditions set forth in this Agreement and except as otherwise indicated in the Schedules hereto, at the Closing, Purchaser shall (ai) purchase the Assets; Assets and (bii) assume the LiabilitiesLiabilities relating to the Branches, and Seller shall sell, grant, assign, transfer, convey and deliver to Purchaser, all of Seller’s 's right, title and interest in and to (ix) such Assets, and (iiy) such Liabilities.
Appears in 1 contract
Sources: Branch Purchase and Assumption Agreement (Intrust Financial Corp /)
Transfer and Consideration. Subject to the terms and conditions set forth in this Agreement and except as otherwise indicated in the Schedules hereto, at the Closing, Purchaser shall (a) purchase the Assets; Assets and (b) assume the Liabilities, Liabilities and Seller shall sell, grant, assign, transfer, convey and deliver to Purchaser, all of Seller’s 's right, except as set forth in Section 7.3, title and interest in and to (i) such Assets, and (ii) such Liabilities.
Appears in 1 contract
Sources: Branch Purchase and Assumption Agreement (Rurban Financial Corp)