Common use of Accounting and Other Adjustments Clause in Contracts

Accounting and Other Adjustments. Subject to applicable Legal Requirements, Bank agrees that it shall, and shall cause each Bank Subsidiary, to: (a) make any accounting adjustments or entries to its books of account and other financial records; (b) make additional provisions to any allowance for loan and lease losses; (c) sell or transfer any investment securities held by it; (d) charge-off any loan or lease; (e) create any new reserve account or make additional provisions to any other existing reserve account; (f) make changes in any accounting method; (g) accelerate, defer or accrue any anticipated obligation, expense or income item; and (h) make any other adjustments that would affect the financial reporting of FBC, on a consolidated basis after the Effective Time, in any case as FBC shall reasonably request, provided, however, that neither Bank nor any Bank Subsidiary shall be obligated to take any such requested action until immediately prior to the Closing and at such time as Bank shall have received written assurances that all conditions precedent to Bank's obligations under this Agreement (except for the completion of actions to be taken at the Closing) have been satisfied.

Accounting and Other Adjustments. Subject to applicable Legal Requirements, Bank GRB agrees that it shall, and shall cause each Bank GRB Subsidiary, to: (a) make any accounting adjustments or entries to its books of account and other financial records; (b) make additional provisions to any allowance for loan and lease losses; (c) sell or transfer any investment securities held by it; (d) charge-off any loan or lease; (e) create any new reserve account or make additional provisions to any other existing reserve account; (f) make changes in any accounting method; (g) accelerate, defer or accrue any anticipated obligation, expense or income item; and (h) make any other adjustments that would affect the financial reporting of FBCParent, on a consolidated basis after the Effective Time, in any case as FBC Parent shall reasonably request, provided, however, that neither Bank GRB nor any Bank GRB Subsidiary shall be obligated to take any such requested action until immediately prior to the Closing and at such time as Bank GRB shall have received written reasonable assurances that all conditions precedent to Bank's GRB’s obligations under this Agreement (except for the completion of actions to be taken at the Closing) have been satisfied.

Accounting and Other Adjustments. Subject to applicable Legal Requirements, Bank SBI agrees that it shall, and shall cause each Bank SBI Subsidiary, to: (a) make any accounting adjustments or entries to its books of account and other financial records; (b) make additional provisions to any allowance for loan and lease losses; (c) sell or transfer any investment securities held by it; (d) charge-off any loan or lease; (e) create any new reserve account or make additional provisions to any other existing reserve account; (f) make changes in any accounting method; (g) accelerate, defer or accrue any anticipated obligation, expense or income item; and (h) make any other adjustments that would affect the financial reporting of FBCPrinceton, on a consolidated basis after the Effective Time, in any case as FBC Princeton shall reasonably request, provided, however, that neither Bank SBI nor any Bank SBI Subsidiary shall be obligated to take any such requested action until immediately prior to the Closing and at such time as Bank SBI shall have received written reasonable assurances that all conditions precedent to BankSBI's obligations under this Agreement (except for the completion of actions to be taken at the Closing) have been satisfied.

Accounting and Other Adjustments. Subject to applicable Legal Requirements, Bank ICB agrees that it shall, and shall cause each Bank ICB Subsidiary, to: (a) make any accounting adjustments or entries to its books of account and other financial records; (b) make additional provisions to any allowance for loan and lease losses; (c) sell or transfer any investment securities held by it; (d) charge-off any loan or lease; (e) create any new reserve account or make additional provisions to any other existing reserve account; (f) make changes in any accounting method; (g) accelerate, defer or accrue any anticipated obligation, expense or income item; and (h) make any other adjustments that would affect the financial reporting of FBCCentrue Financial, on a consolidated basis after the Effective Time, in any case as FBC Centrue Financial shall reasonably request, provided, however, that neither Bank ICB nor any Bank ICB Subsidiary shall be obligated to take any such requested action until immediately prior to the Closing and at such time as Bank ICB shall have received written reasonable assurances that all conditions precedent to Bank's ICB’s obligations under this Agreement (except for the completion of actions to be taken at the Closing) have been satisfied.