Common use of Loans; Investments Clause in Contracts

Loans; Investments. (a) The outstanding loans, including guarantees thereon, originated by Company Bank have been documented in all material respects in accordance with the policies of Company Bank and all loans purchased by or participated in by Company Bank are documented in a manner in all material respects consistent with such policies except in each case for deviations in such policies that would not adversely affect Company Bank’s ability to collect such loans.

Appears in 2 contracts

Samples: Reorganization Agreement and Plan of Merger (Service 1st Bancorp), Reorganization Agreement and Plan of Merger (Central Valley Community Bancorp)

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Loans; Investments. (a) The outstanding loans, including guarantees thereon, originated by Company Bank have been documented in all material respects in accordance with the policies of Company Bank Bank, including guarantees thereon, and all loans purchased by or participated in by Company Bank are documented in a manner in all material respects substantially consistent with such policies except in each case for deviations in such policies that would not adversely affect all material respects. Neither Company nor any Company Subsidiary (other than Bank’s ability to collect such loans), originates or makes extensions of credit.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Community First Bankshares Inc), Agreement and Plan of Merger (Bancwest Corp/Hi)

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Loans; Investments. (a) The outstanding loans, including guarantees thereon, originated by Company Bank have been documented in all material respects in accordance with the policies of Company Bank and all loans purchased by or participated in by Company Bank are documented in a manner in all material respects consistent with such policies except in each case for deviations in such policies that would not adversely affect Company Bank’s ability to collect such loans.

Appears in 1 contract

Samples: Agreement of Merger (Placer Sierra Bancshares)

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