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BILL OF SALE AND ASSIGNMENT AND ASSUMPTION AGREEMENT

Assignment and Assumption Agreement

BILL OF SALE AND ASSIGNMENT AND

ASSUMPTION AGREEMENT
 | Document Parties: TIB BANK | NOVA INFORMATION SYSTEMS, INC. | TIB Financial Corp You are currently viewing:
This Assignment and Assumption Agreement involves

TIB BANK | NOVA INFORMATION SYSTEMS, INC. | TIB Financial Corp

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Title: BILL OF SALE AND ASSIGNMENT AND ASSUMPTION AGREEMENT
Governing Law: Florida     Date: 3/14/2006
Industry: Regional Banks    

BILL OF SALE AND ASSIGNMENT AND

ASSUMPTION AGREEMENT
, Parties: tib bank , nova information systems  inc. , tib financial corp
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EXHIBIT 10.18

 

 

EXECUTION COPY

 

 

BILL OF SALE AND ASSIGNMENT AND

ASSUMPTION AGREEMENT

 

FOR VALUE RECEIVED , the receipt, sufficiency and adequacy of which hereby are acknowledged, TIB BANK, a bank chartered under the laws of the State of Florida (the "Bank"), hereby does sell, transfer, assign, bargain, convey, deliver, abandon, and set over unto NOVA INFORMATION SYSTEMS, INC ., a Georgia corporation ("NOVA"), its successors and assigns, all of the Bank's right, title, and interest in and to all properties, assets, and rights identified as the "Assets Sold" in Section 1.1 of the Merchant Asset Purchase Agreement dated as of December ___, 2005, by and among the Bank, TIB Financial Corp. and NOVA (the "Merchant Asset Purchase Agreement"), which is incorporated herein by this reference.

 

The Bank fully represents, warrants and agrees that it is the true, lawful, and sole owners of the Assets Sold hereby sold, transferred, assigned, bargained, conveyed, delivered, abandoned, and set over; that it has the full, complete, and lawful right, power, and authority to execute this Bill of Sale and Assignment and Assumption Agreement and to so sell, transfer, assign, bargain, convey, deliver, abandon and set over the Assets Sold; that the rights, title a 


 
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