Common use of LOAN REVIEW CONSULTANT Clause in Contracts

LOAN REVIEW CONSULTANT. (1) Within sixty (60) days, the Board shall employ a qualified consultant to perform an ongoing asset quality review of the Bank. The consultant shall be utilized until such time as an ongoing internal asset quality review system is developed by the Board, implemented and demonstrated to be effective.

Appears in 3 contracts

Samples: Agreement by And, www.occ.gov, www.occ.gov

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LOAN REVIEW CONSULTANT. (1) Within sixty thirty (6030) days, the Board shall employ a qualified consultant to perform an ongoing asset quality review of the Bank. The consultant shall be utilized until such time as an ongoing internal asset quality review system is developed by the Board, implemented and demonstrated to be effective. Before terminating the consultant's asset quality review services, the Board shall both certify the effectiveness of the internal asset quality review system, and receive prior determination of no supervisory objection from the Assistant Deputy Comptroller.

Appears in 2 contracts

Samples: Agreement by And, occ.gov

LOAN REVIEW CONSULTANT. (1) Within sixty ninety (6090) days, the Board shall employ a qualified consultant to perform an ongoing quarterly asset quality review of the Bank. The consultant shall be utilized until such time as an ongoing internal asset quality review system is developed by the Board, implemented and demonstrated to be effective.

Appears in 2 contracts

Samples: Agreement by and Between (Abigail Adams National Bancorp Inc), occ.gov

LOAN REVIEW CONSULTANT. (1) Within sixty ninety (6090) days, the Board shall employ a qualified consultant to perform an ongoing asset quality review of the Bank. The consultant shall be utilized until such time as an ongoing internal asset quality review system is developed by the Board, implemented and demonstrated to be effective.

Appears in 2 contracts

Samples: www.occ.gov, occ.gov

LOAN REVIEW CONSULTANT. (1) Within sixty (60) days, the Board shall employ a qualified consultant to perform an ongoing asset quality review of the Bank. The consultant shall be utilized until such time as an ongoing internal asset quality review system is developed by the Board, implemented and demonstrated to be effective. Before terminating the consultant's asset quality review services, the Board shall both certify the effectiveness of the internal asset quality review system, and receive prior determination of no supervisory objection from the Assistant Deputy Comptroller.

Appears in 1 contract

Samples: occ.gov

LOAN REVIEW CONSULTANT. (1) Within sixty ninety (6090) days, the Board shall employ a qualified consultant to perform an ongoing asset quality review of the Bank. The consultant shall be utilized until such time as an ongoing internal asset quality review system is developed by the Board, implemented implemented, and demonstrated to be effective. Before terminating the consultant's asset quality review services, the Board shall both certify the effectiveness of the internal asset quality review system, and receive prior approval from the Assistant Deputy Comptroller.

Appears in 1 contract

Samples: Agreement by And

LOAN REVIEW CONSULTANT. (1) Within sixty forty-five (6045) days, the Board shall employ a qualified consultant to perform an ongoing asset quality review of the Bank. The consultant shall be utilized until such time as an ongoing internal asset quality review system is developed by the Board, implemented and demonstrated to be effective.

Appears in 1 contract

Samples: www.occ.gov

LOAN REVIEW CONSULTANT. (1) Within sixty ninety (6090) days, the Board shall employ a qualified consultant to perform an ongoing asset quality review of the Bank. The consultant shall be utilized until such time as an ongoing internal asset quality review system is developed by the Board, implemented implemented, and demonstrated to be effective.

Appears in 1 contract

Samples: Agreement by and Between

LOAN REVIEW CONSULTANT. (1) Within sixty (60) 30 days, the Board shall employ a qualified consultant to perform an ongoing asset quality review of the Bank. The consultant shall be utilized until such time as an ongoing internal asset quality review system is developed by the Board, implemented and demonstrated to be effective.

Appears in 1 contract

Samples: www.occ.gov

LOAN REVIEW CONSULTANT. (1) Within sixty (60) days, the Board shall employ a qualified consultant to perform an ongoing asset quality review of the Bank. The consultant shall be utilized until such time as an ongoing internal asset quality review system is developed by the Board, implemented implemented, and demonstrated to be effective.

Appears in 1 contract

Samples: Agreement

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LOAN REVIEW CONSULTANT. (1) Within sixty thirty (6030) days, the Board shall employ a qualified and independent consultant to perform an ongoing asset quality review of the BankBank on a least a semiannual basis. The consultant shall be utilized until such time as an ongoing internal asset quality review system is developed by the Board, implemented and demonstrated to be effective.

Appears in 1 contract

Samples: www.occ.gov

LOAN REVIEW CONSULTANT. (1) Within sixty (60) days, the Board shall employ a qualified an independent, external consultant to perform an ongoing asset quality review of the Bank's consumer and commercial loan portfolios. The consultant shall be utilized until such time as an ongoing internal asset quality review system is developed by the Board, implemented implemented, and demonstrated to be effective.

Appears in 1 contract

Samples: Agreement by And

LOAN REVIEW CONSULTANT. (1) Within sixty ninety (6090) days, the Board shall employ a qualified consultant to perform an ongoing asset quality review of the Bank. The consultant shall be utilized until such time as an ongoing internal asset quality review system is developed by the Board, implemented and demonstrated to be effective. Before terminating the consultant's asset quality review services, the Board shall both certify the effectiveness of the internal asset quality review system, and receive prior approval from the Assistant Deputy Comptroller.

Appears in 1 contract

Samples: www.occ.gov

LOAN REVIEW CONSULTANT. (1) Within sixty (60) days, the Board shall employ a qualified independent consultant to perform an ongoing at least a semi-annual asset quality review of the Bank. The consultant shall be utilized until such time as an ongoing internal asset quality review system is developed by the Board, implemented and demonstrated to be effective.

Appears in 1 contract

Samples: occ.gov

LOAN REVIEW CONSULTANT. (1) Within sixty ninety (6090) days, the Board shall employ a qualified qualified, and independent, consultant to perform an ongoing asset quality and loan administration review of the Bank. The consultant shall be utilized until such time as an ongoing internal asset quality review system is developed by the Board, implemented and demonstrated to be effective.

Appears in 1 contract

Samples: Agreement by And

LOAN REVIEW CONSULTANT. (1) Within sixty (60) days, the Board shall employ a qualified independent consultant to perform at least an ongoing annual asset quality review of the Bank. The consultant shall be utilized until such time as an ongoing internal asset quality review system is developed by the Board, implemented and demonstrated to be effective.

Appears in 1 contract

Samples: Agreement by And

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