Common use of Growth Clause in Contracts

Growth. 27. Effective immediately, the Association shall not increase its total assets during any quarter in excess of an amount equal to net interest credited on deposit liabilities during the prior quarter without the prior written notice of non-objection of the Regional Director. The growth restriction imposed by this Paragraph shall remain in effect until the Association receives the Regional Director’s written notice of non-objection of its Business Plan pursuant to Paragraph 3 of this Agreement.

Growth. 276. Effective immediately, the Association shall not increase its total assets during any quarter in excess of an amount equal to net interest credited on deposit liabilities during the prior quarter without the prior written notice of non-objection approval of the Regional Director. The growth restriction restrictions imposed by this Paragraph shall remain in effect until the Association receives the Regional Director’s written notice of non-objection of its Business Plan pursuant to Paragraph 3 1 of this Agreement.

Growth. 2723. Effective immediately, the Association shall not increase its total assets during any quarter in excess of an amount equal to net interest credited on deposit liabilities during the prior quarter without the prior written notice of non-objection of the Regional Director. The growth restriction imposed by this Paragraph shall remain in effect until the Association receives Regional Director reviews and approves the Regional DirectorAssociation’s written notice of non-objection of its Business Plan pursuant to as required under Paragraph 3 2 of this Agreement.

Growth. 2716. Effective immediately, the Association shall not increase its total assets during any quarter in excess of an amount equal to net interest credited on deposit liabilities during the prior quarter without the prior written notice of non-objection of the Regional Director. The growth restriction imposed by this Paragraph shall remain in effect until the Association receives Regional Director reviews and approves the Regional DirectorAssociation’s written notice of non-objection of its Business Plan pursuant to as required under Paragraph 3 10 of this Agreement.

Growth. 2719. Effective immediately, the Association shall not increase its total assets during any quarter in excess of an amount equal to net interest credited on deposit liabilities during the prior quarter without the prior written notice of non-objection of the Regional Director. The growth restriction imposed by this Paragraph shall remain in effect until the Association receives Regional Director reviews and approves the Regional DirectorAssociation’s written notice of non-objection of its Business Plan pursuant to as required under Paragraph 3 12 of this Agreement.

Growth. 2729. Effective immediately, the Association shall not increase its total assets during any quarter in excess of an amount equal to net interest credited on deposit liabilities during the prior quarter without the prior written notice of non-objection of the Regional Director. The growth restriction imposed by this Paragraph shall remain in effect until the Association receives the Regional Director’s written notice of non-objection of its Business Plan pursuant to Paragraph 3 of this Agreement.

Growth. 2722. Effective immediately, the Association shall not increase its total assets during any quarter in excess of an amount equal to net interest credited on deposit liabilities during the prior quarter without the prior written notice of non-objection of the Regional Director. The growth restriction imposed by this Paragraph shall remain in effect until the Association receives the Regional Director’s written notice of non-objection of its Business Plan pursuant to Paragraph 3 4 or Paragraph 9 of this Agreement.