Common use of Loan Matters Clause in Contracts

Loan Matters. The allowance for loan losses reflected in Mid Penn’s audited consolidated balance sheet at December 31, 2016 was, and the allowance for loan losses shown on Mid Penn’s balance sheets for periods ending after December 31, 2016 was, or will be, adequate, as of the date thereof, under GAAP.

Loan Matters. The allowance for loan losses reflected in Mid Penn’s audited consolidated balance sheet at December 31, 2016 2021 was, and the allowance for loan losses shown on Mid Penn’s balance sheets for periods ending after December 31, 2016 2021 was, or will be, adequate, as of the date thereof, under GAAP.

Loan Matters. (a) The allowance for loan losses reflected in Mid Penn’s Penns Xxxxx’ audited consolidated balance sheet at December 31, 2016 2011 was, and the allowance for loan losses shown on Mid Penn’s Penns Xxxxx’ balance sheets for periods ending after December 31, 2016 2011 was, or will be, adequate, as of the date thereof, under GAAP.

Loan Matters. The allowance for loan losses reflected in Mid Penn’s audited consolidated balance sheet at December 31, 2016 2020 was, and the allowance for loan losses shown on Mid Penn’s balance sheets for periods ending after December 31, 2016 2020 was, or will be, adequate, as of the date thereof, under GAAP.

Loan Matters. (a) The allowance for loan losses reflected in Mid Penn’s audited consolidated balance sheet at December 31, 2016 2013 was, and the allowance for loan losses shown on Mid Penn’s balance sheets for periods ending after December 31, 2016 2013 was, or will be, adequate, as of the date thereof, under GAAP.