Conforming Accounting and Reserve Policies Sample Clauses

Conforming Accounting and Reserve Policies. At the request of NCC, RBF shall immediately prior to Closing establish and take such charge-offs, reserves and accruals as NCC reasonably shall request to conform RBF’s loan, accrual, capital, reserve and other accounting policies to the policies of NBC (collectively, the “Conforming Adjustments”).
AutoNDA by SimpleDocs
Conforming Accounting and Reserve Policies. At the request of Parent, TPB shall immediately prior to the Effective Time establish and take such charge-offs, reserves and accruals as Parent reasonably shall request to conform TPB’s loan, accrual, capital, reserve and other accounting policies to the policies of FUSB (collectively, the “Conforming Adjustments”). For the sake of clarity, the determination of, and adjustments to, the Estimated Closing NBV and the Final NBV will be made in accordance with Section 2.04, and the Conforming Adjustments, if any, will not be determinative in such process.
Conforming Accounting and Reserve Policies. At the request of ANB, FCB shall immediately prior to Closing establish and take such charge offs, reserves and accruals as ANB reasonably shall request to conform FCB Bank’s loan, accrual, capital, reserve and other accounting policies to the policies of ANB (collectively, the “Conforming Adjustments”).
Conforming Accounting and Reserve Policies. At the request of ANB, PBF shall immediately prior to Closing establish and take such charge offs, reserves and accruals as ANB reasonably shall request to conform PBF Bank’s loan, accrual, capital, reserve and other accounting policies to the policies of ANB (collectively, the “Conforming Adjustments”).
Conforming Accounting and Reserve Policies. Upon written confirmation from Xxxxxxx that all conditions to closing set forth in Articles 8 and 9 have been satisfied or waived, at the request of Xxxxxxx, North Penn shall immediately prior to Closing establish and take such reserves and accruals as Xxxxxxx reasonably shall request to conform North Penn’s loan, accrual, reserve and other accounting policies to the policies of Xxxxx.
Conforming Accounting and Reserve Policies. At the request of Parent, Company shall immediately prior to Closing establish and take such reserves and accruals as Parent reasonably shall request to conform Company’s accounting policies to the policies of Parent, provided however, such requested conforming adjustment shall not be taken into account as having a Material Adverse Effect on Company and further provided that no adjustment will be made that does not conform to generally accepted accounting principles. No adjustment shall violate any law, rule or regulation applicable to Company.
Conforming Accounting and Reserve Policies. Upon written confirmation from Kearny that all conditions to closing set forth in Articles 8 and 9 have been satisfied or waived, at the request of Kearny, Central Jersey shall immediately prior to Closing establish and take such reserves and accruals as Kearny reasonably shall request to conform Central Jersey’s loan, accrual, reserve and other accounting policies to the policies of Kearny Bank.
AutoNDA by SimpleDocs
Conforming Accounting and Reserve Policies. EVBS may request that FCB immediately prior to Closing establish and take such reserves and accruals as EVBS reasonably shall request to conform FCB’s loan, accrual, reserve and other accounting policies to the policies of EVBS, provided however, such requested conforming adjustment shall not be taken into account as having a Material Adverse Effect on FCB and further provided that no adjustment will be made that does not conform to generally accepted accounting principles. The recording of any such adjustments shall not be deemed to imply any misstatement of previously furnished financial statements or information by FCB. No adjustment shall violate any law, rule or regulation applicable to FCB. Notwithstanding anything set forth herein to the contrary, FCB may elect not to take any actions requested by EVBS, in its sole discretion.
Conforming Accounting and Reserve Policies. Upon written confirmation from OceanFirst that all conditions to closing set forth in Articles 8 and 9 have been satisfied or waived, at the request of OceanFirst, Central Jersey shall immediately prior to Closing establish and take such reserves and accruals as OceanFirst reasonably shall request to conform Central Jersey’s loan, accrual, reserve and other accounting policies to the policies of OceanFirst.
Conforming Accounting and Reserve Policies. Upon written --------------------------------------------- confirmation from Sun that all conditions to closing set forth in Articles 8 and 9 have been satisfied or waived, at the request of Sun, Community shall immediately prior to Closing establish and take such reserves and accruals as Sun reasonably shall request to conform Community Bank's loan, accrual, reserve and other accounting policies to the policies of Sun Bank.
Time is Money Join Law Insider Premium to draft better contracts faster.