Common use of Liquidity plan Clause in Contracts

Liquidity plan. (1) For the period during which a national bank or Fed- eral savings association must calculate a liquidity coverage ratio on the last business day of each applicable cal- endar month under subpart F of this part, if the national bank’s or Federal savings association’s liquidity cov- erage ratio is below the minimum re- quirement in § 50.10 for any calculation date that is the last business day of the applicable calendar month, or if the OCC has determined that the national bank or Federal savings association is otherwise materially noncompliant with the requirements of this part, the national bank or Federal savings asso- ciation must promptly consult with the OCC to determine whether the na- tional bank or Federal savings associa- tion must provide to the OCC a plan for achieving compliance with the min- imum liquidity requirement in § 50.10 and all other requirements of this part.

Liquidity plan. (1) For the period during which a national bank or Fed- eral savings association must calculate a liquidity coverage ratio on the last business day of each applicable cal- endar month under subpart F of this part, if the national bank’s or Federal savings association’s liquidity cov- erage ratio is below the minimum re- quirement in § 50.10 for any calculation date that is the last business day of the applicable calendar month, or if the OCC has determined that the national bank or Federal savings association is otherwise materially noncompliant with the requirements of this part, the Comptroller of the Currency, Treasury § 50.50 national bank or Federal savings asso- ciation must promptly consult with the OCC to determine whether the na- tional bank or Federal savings associa- tion must provide to the OCC a plan for achieving compliance with the min- imum liquidity requirement in § 50.10 and all other requirements of this part.