Common use of CRA Rating Clause in Contracts

CRA Rating. The Purchaser was rated “Satisfactory” or “Outstanding” following its most recent Community Reinvestment Act examination by the regulator responsible for its supervision. The Purchaser has received no notice of and has no knowledge of any planned or threatened objection by any community group to the transactions contemplated hereby.

Appears in 2 contracts

Samples: Branch Purchase and Assumption Agreement (River Valley Bancorp), Branch Purchase and Assumption Agreement (Greene County Bancshares Inc)

AutoNDA by SimpleDocs

CRA Rating. The Purchaser was rated "Satisfactory" or "Outstanding" following its most recent Community Reinvestment Act examination by the regulator responsible for its supervision. The Purchaser has received no notice of and has no knowledge of any planned or threatened objection by any community group to the transactions contemplated hereby.

Appears in 1 contract

Samples: Branch Purchase and Assumption Agreement (Greene County Bancshares Inc)

AutoNDA by SimpleDocs

CRA Rating. The Purchaser was rated “Satisfactory” or “Outstanding” following its most recent Community Reinvestment Act examination by the regulator responsible for its supervision. The Purchaser has received no notice of and has no knowledge Knowledge of any planned or threatened objection by any community group to the transactions contemplated hereby.

Appears in 1 contract

Samples: Branch Purchase and Assumption Agreement (First Mid Illinois Bancshares Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!