Common use of CREDIT AND COLLATERAL EXCEPTIONS Clause in Contracts

CREDIT AND COLLATERAL EXCEPTIONS. (1) Within thirty (30) days the Board shall obtain current and satisfactory credit information on all loans lacking such information, including those listed in the XXX, in any subsequent Report of Examination, in any internal or external loan review, or in any listings of loans lacking such information provided to management by the National Bank Examiners at the conclusion of an examination. (2) Within thirty (30) days the Board shall ensure proper collateral documentation is maintained on all loans and correct each collateral exception listed in the XXX, in any subsequent Report of Examination, in any internal or external loan review, or in any listings of loans lacking such information provided to management by the National Bank Examiners at the conclusion of an examination.

Appears in 1 contract

Samples: Banking Agreement

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CREDIT AND COLLATERAL EXCEPTIONS. (1) Within thirty sixty (3060) days the Board shall obtain current and satisfactory credit information on all loans lacking such information, including those listed in the XXX, in any subsequent Report of Examination, in any internal or external loan review, or in any listings of loans lacking such information provided to management by the National Bank Examiners at the conclusion of an examination. (2) Within thirty sixty (3060) days the Board shall ensure proper collateral documentation is maintained on all loans and correct each collateral exception listed in the XXX, in any subsequent Report of Examination, in any internal or external loan review, or in any listings of loans lacking such information provided to management by the National Bank Examiners at the conclusion of an examination.

Appears in 1 contract

Samples: Banking Agreement

CREDIT AND COLLATERAL EXCEPTIONS. (1) Within thirty sixty (3060) days days, the Board shall obtain current and satisfactory credit information on all loans lacking such information, including those listed in the XXX, in any subsequent Report of Examination, in any internal or external loan review, or in any listings of loans lacking such information provided to management by the National Bank Examiners at the conclusion of an examination. (2) Within thirty sixty (3060) days days, the Board shall ensure proper collateral documentation is maintained on all loans and correct each collateral exception listed in the XXX, in any subsequent Report of Examination, in any internal or external loan review, or in any listings of loans lacking such information provided to management by the National Bank Examiners at the conclusion of an examination.

Appears in 1 contract

Samples: Banking Agreement

CREDIT AND COLLATERAL EXCEPTIONS. (1) Within thirty ninety (3090) days from the date of this Agreement, the Board shall obtain current and satisfactory credit information on all loans lacking such information, including those listed in the XXX, in any subsequent Report of Examination, in any internal or external loan review, or in any listings of loans lacking such information provided to management by the National Bank Examiners at the conclusion of an examinationExaminers. (2) Within thirty ninety (3090) days from the date of this Agreement, the Board shall ensure proper collateral documentation is maintained on all loans and correct each collateral exception listed in the XXX, in any subsequent Report of Examination, in any internal or external loan review, or in any listings of loans lacking such information provided to management by the National Bank Examiners at the conclusion of an examinationExaminers.

Appears in 1 contract

Samples: Banking Agreement

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CREDIT AND COLLATERAL EXCEPTIONS. (1) Within thirty sixty (3060) days the Board Bank shall obtain current and satisfactory credit information on all loans lacking such information, including those listed in the XXX, in any subsequent Report of Examination, in any internal or external loan review, or in any listings of loans lacking such information provided to management by the National Bank Examiners at the conclusion of an examination. (2) Within thirty sixty (3060) days the Board Bank shall ensure proper collateral documentation is maintained on all loans and correct each collateral exception listed in the XXX, in any subsequent Report of Examination, in any internal or external loan review, or in any listings of loans lacking such information provided to management by the National Bank Examiners at the conclusion of an examination.

Appears in 1 contract

Samples: Banking Compliance Agreement

CREDIT AND COLLATERAL EXCEPTIONS. (1) Within thirty sixty (3060) days days, the Board shall obtain current and satisfactory credit information on all loans lacking such information, including those listed in the XXXROE, in any subsequent Report of Examination, in any internal xxternal or external loan review, or in any listings of loans lacking such information provided to management by the National Bank Examiners at the conclusion of an examination. (2) Within thirty (3060) days days, the Board shall ensure proper collateral documentation is maintained on all loans and correct each collateral exception listed in the XXXROE, in any subsequent Report of Examination, in any internal xxternal or external loan review, or in any listings of loans lacking such information provided to management by the National Bank Examiners at the conclusion of an examination.

Appears in 1 contract

Samples: Banking Agreement (Slippery Rock Financial Corp)

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