Common use of FIRST LOSS TRANCHE Clause in Contracts

FIRST LOSS TRANCHE. The Assuming Bank has submitted to the Receiver an Asset Discount Bid of ($13,650,000.00) and a Deposit premium bid of 1.0%. The Deposit premium bid will be applied to the total of all Assumed Deposits except for brokered, CDARS, and any market place or similar subscription services Deposits. The First Loss Tranche shall be determined by adding (i) the Asset Discount Bid, (ii) the Deposit premium bid, and (iii) the Equity Adjustment. If the First Loss Tranche is a positive number, then this is the Losses on Single Family Shared-Loss Loans and Net Charge-offs on Shared Loss Assets that the Assuming Bank will incur before

FIRST LOSS TRANCHE. The Assuming Bank has submitted to the Receiver an Asset Discount Bid asset premium (discount) bid of ($13,650,000.0019,645,000) and a Deposit premium bid of 1.01.02%. The Deposit premium bid will be applied to the total of all Assumed Deposits except for brokered, CDARS, and any market place or similar subscription services Deposits. The First Loss Tranche shall be determined by adding (i) the Asset Discount Bidasset premium (discount) bid, (ii) the Deposit premium bid, and (iii) the Equity Adjustment. If the First Loss Tranche is a positive number, then this is the Losses on Single Family Shared-Loss Loans and Net Charge-offs on Shared Loss Assets that the Assuming Bank will incur before

FIRST LOSS TRANCHE. The Assuming Bank has submitted to the Receiver an Asset Discount Bid asset discount bid of ($13,650,000.007,500,000) and a Deposit premium bid of 1.00 %. The Deposit premium bid will be applied to the total of all Assumed Deposits except for brokered, CDARS, and any market place or similar subscription services Deposits. The First Loss Tranche shall be determined by adding (i) the Asset Discount Bidasset premium (discount) bid, (ii) the Deposit premium bid, and (iii) the Equity Adjustment. If the First Loss Tranche is a positive number, then this is the Losses on Single Family Shared-Loss Loans and Net Charge-offs on Shared Loss Assets that the Assuming Bank will incur before

FIRST LOSS TRANCHE. The Assuming Bank has submitted to the Receiver an Asset Discount Bid asset premium (discount) bid of ($13,650,000.0057,600,000) and a Deposit premium bid of 1.00%. The Deposit premium bid will be applied to the total of all Assumed Deposits except for brokered, CDARS, and any market place or similar subscription services Deposits. The First Loss Tranche shall be determined by adding (i) the Asset Discount Bidasset premium (discount) bid, (ii) the Deposit premium bid, and (iii) the Equity Adjustment. If the First Loss Tranche is a positive number, then this is the Losses on Single Family Shared-Loss Loans and Net Charge-offs on Shared Loss Assets that the Assuming Bank will incur before

FIRST LOSS TRANCHE. The Assuming Bank has submitted to the Receiver an Asset Discount Bid asset premium (discount) bid of ($13,650,000.00110,000,000) and a Deposit premium bid of 1.00%. The Deposit premium bid will be applied to the total of all Assumed Deposits except for brokered, CDARS, and any market place or similar subscription services Deposits. The First Loss Tranche shall be determined by adding (i) the Asset Discount Bidasset premium (discount) bid, (ii) the Deposit premium bid, and (iii) the Equity Adjustment. If the First Loss Tranche is a positive number, then this is the Losses on Single Family Shared-Loss Loans and Net Charge-offs on Shared Loss Assets that the Assuming Bank will incur before