EXCLUSION FROM REIMBURSABLE EXPENSES. Pursuant to Section 2.7(b)(iii) of this Agreement, the following calculation applies to determine the proportion of the expense attributable, for financial accounting purposes, to the reduction of the Book Value of a Shared-Loss Loan which may not be included as a Permitted Expense. All capitalized terms used in this Exhibit 2.7 have the meanings defined or referenced in Article 8 of this Agreement.
Appears in 11 contracts
Samples: Purchase and Assumption Agreement (Talmer Bancorp, Inc.), Purchase and Assumption Agreement (Hilltop Holdings Inc.), Purchase and Assumption Agreement (First Financial Holdings Inc /De/)
EXCLUSION FROM REIMBURSABLE EXPENSES. Pursuant to Section 2.7(b)(iii) of this Agreement, the following calculation applies to determine the proportion of the expense attributable, for financial accounting purposes, to the reduction of the Book Value of a Shared-Loss Loan which may not be included as a Permitted Expense. All capitalized terms used in this Exhibit 2.7 have the meanings defined or referenced in Article 8 of this Agreement.. X = E * [1- (A+B+C)] (A+B+D) Where:
Appears in 9 contracts
Samples: Purchase and Assumption Agreement (Talmer Bancorp, Inc.), Purchase and Assumption Agreement (Certusholdings, Inc.), Purchase and Assumption Agreement (Certusholdings, Inc.)
EXCLUSION FROM REIMBURSABLE EXPENSES. Pursuant to Section 2.7(b)(iii2.7(b )(iii) of this Agreement, the following calculation applies to determine the proportion of the expense attributable, for financial accounting purposes, to the reduction of the Book Value of a Shared-Loss Loan which may not be included as a Permitted Expense. All capitalized terms used in this Exhibit 2.7 have the meanings defined or referenced in Article 8 of this Agreement.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (HCBF Holding Company, Inc.)
