Common use of Certain Assets Clause in Contracts

Certain Assets. The Company has Previously Disclosed a true and correct listing of the following assets of the Company and its Subsidiaries as of May 31, 1999: (i) all non-performing Loans, securities or other assets (i.e., all assets on which the Company has ceased recognizing interest under GAAP or as to which any payments of principal or interest are past due 90 or more days as of such date), (ii) all Loans, securities or other assets as to which any payments of principal or interest are past due 60 or more days, (iii) all Loans, securities or other assets not included in the foregoing which have been classified special mention, substandard, doubtful or loss, or otherwise classified adversely, by management of the Company or regulatory examiners, and (iv) each parcel of Real Estate Owned (excepting such parcels as may have been disposed of in the ordinary course of business subsequent to such date), including an identification of the amount of reserves which have been established with respect to each such parcel and its net carrying value.

Certain Assets. The Company has Previously Disclosed a true and correct listing of the following assets of the Company and its Subsidiaries as of May 31November 30, 1999: (i) all non-performing Loans, securities or other assets (i.e., all assets on which the Company has ceased recognizing interest under GAAP or as to which any payments of principal or interest are past due 90 or more days as of such date), (ii) all Loans, securities or other assets as to which any payments of principal or interest are past due 60 or more days, (iii) all Loans, securities or other assets not included in the foregoing which have been classified special mention, substandard, doubtful or loss, or otherwise classified adversely, by management of the Company or regulatory examiners, and (iv) each parcel of Real Estate Owned (excepting such parcels as may have been disposed of in the ordinary course of business subsequent to such date), including an identification of the amount of reserves which have been established with respect to each such parcel and its net carrying value.