Loan Losses. Since December 31, 1999, none of the bank Subsidiaries of Fifth Third (the "Fifth Third Bank Subsidiaries") has incurred any unusual or extraordinary loan losses which are material to Fifth Third and the Fifth Third Subsidiaries on a consolidated basis; to the best knowledge of Fifth Third and in light of each of the Fifth Third Bank Subsidiaries' historical loan loss experience and its management's analysis of the quality and performance of its loan portfolio, as of December 31, 1999, its reserves for loan losses are adequate to absorb potential loan losses determined on the basis of management's continuing review and evaluation of the loan portfolio and its judgment as to the impact of economic conditions on the portfolio.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (Fifth Third Bancorp), Agreement and Plan of Merger (Fifth Third Bancorp), Agreement and Plan of Merger (Old Kent Financial Corp /Mi/)
Loan Losses. Since December March 31, 19992004, none of the bank Subsidiaries of Fifth Third (the "“Fifth Third Bank Subsidiaries"”) has incurred any unusual or extraordinary loan losses which are material to Fifth Third and the Fifth Third Subsidiaries on a consolidated basis; to the best knowledge of Fifth Third and in light of each of the Fifth Third Bank Subsidiaries' ’ historical loan loss experience and its management's ’s analysis of the quality and performance of its loan portfolio, as of December 31, 1999, its reserves for loan losses are adequate to absorb potential loan losses determined on the basis of management's ’s continuing review and evaluation of the loan portfolio and its judgment as to the impact of economic conditions on the portfolio.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (Fifth Third Bancorp), Agreement and Plan of Merger (Fifth Third Bancorp), Agreement and Plan of Merger (First National Bankshares of Florida Inc)
Loan Losses. Since December 31, 19991998 to the date hereof, none of the bank Subsidiaries ----------- of Fifth Third (the "Fifth Third Third's banking subsidiaries and Bank Subsidiaries") subsidiaries has incurred any unusual or extraordinary loan losses which are would be material to Fifth Third and the Fifth Third Subsidiaries on a consolidated basis; and to the best knowledge and belief of Fifth Third Third, and in the light of each of the Fifth Third any banking or Bank Subsidiaries' subsidiary's historical loan loss experience and its management's their managements' analysis of the quality and performance of its their respective loan portfolioportfolios, as of December 31, 19991998, its their consolidated reserves for loan losses are adequate to absorb potential loan losses determined on the basis of management's continuing review and evaluation of the loan portfolio and its judgment as to the impact of economic conditions on the portfolio.
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