Common use of BANK Earnings Clause in Contracts

BANK Earnings. The Actual Earnings of BANK from October 1, 1995 through the month end prior to the month in which closing occurs, determined in accordance with accepted accounting standards applicable to preparation of Reports of Condition required to be filed with the Federal Deposit Insurance Corporation, applied on a consistent basis shall not be less than the Minimum Earnings from October 1, 1995, through the month end prior to the month in which closing occurs.

Appears in 1 contract

Samples: Merger Agreement (F&m Bancorporation Inc)

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BANK Earnings. The Actual Earnings of BANK from October January 1, 1995 1998 through the month end prior to the month in which closing occurs, determined in accordance with accepted accounting standards applicable to preparation of Reports of Condition required to be filed with the Federal Deposit Insurance Corporation, GAAP applied on a consistent basis shall not be less than the Cumulative Minimum Earnings [as set forth in Exhibit 3.4(c)] from October January 1, 1995, 1998 through the month end prior to the month in which closing occurs.

Appears in 1 contract

Samples: Merger Agreement (F&m Bancorporation Inc)

BANK Earnings. The Actual Earnings of BANK from October January 1, 1995 1997 through the month end prior to the month in which closing occurs, determined in accordance with generally accepted accounting standards applicable to preparation of Reports of Condition required to be filed with the Federal Deposit Insurance Corporation, principles applied on a consistent basis basis, reference shall not be less than the Minimum Earnings [as defined in paragraph 3.5(c)] from October January 1, 19951997, through the month end prior to the month in which closing occurs.

Appears in 1 contract

Samples: Plan and Agreement of Merger and Reorganization (F&m Bancorporation Inc)

BANK Earnings. The Actual Earnings of BANK from October January 1, 1995 1997 through the month end prior to the month in which closing occurs, determined in accordance with generally accepted accounting standards applicable to preparation of Reports of Condition required to be filed with the Federal Deposit Insurance Corporationprinciples, applied on a consistent basis shall not be less than the Minimum Earnings from October January 1, 19951997, through the month end prior to the month in which closing occurs.

Appears in 1 contract

Samples: Plan and Agreement of Merger and Reorganization (F&m Bancorporation Inc)

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BANK Earnings. The Actual Earnings of BANK from October January 1, 1995 1996 through the month end prior to the month in which closing occurs, determined in accordance with generally accepted accounting standards applicable to preparation of Reports of Condition required to be filed with the Federal Deposit Insurance Corporationprinciples, applied on a consistent basis shall not be less than the Minimum Earnings from October January 1, 19951996, through the month end prior to the month in which closing occurs.

Appears in 1 contract

Samples: Plan and Agreement of Merger and Reorganization (F&m Bancorporation Inc)

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