Common use of Loans; Nonperforming Assets Clause in Contracts

Loans; Nonperforming Assets. (a) Except as set forth in CZFS Disclosure Schedule 4.18(a), none of CZFS or any of its Subsidiaries is a party to any written or oral (i) Loan under the terms of which the obligor was, as of June 30, 2022, over sixty (60) days delinquent in payment of principal or interest or in default of any other material provision, or (ii) Loan with any director, executive officer or five percent or greater shareholder of CZFS or any of its Subsidiaries, or to the Knowledge of CZFS, any person, corporation or enterprise controlling, controlled by or under common control with any of the foregoing. CZFS Disclosure Schedule 4.18(a) identifies (x) each Loan that as of June 30, 2022 was classified as “Special Mention,” “Substandard,” “Doubtful,” “Loss,” “Classified,” “Criticized,” “Credit Risk Assets,” “Concerned Loans,” “Watch List” or words of similar import by CZFS or any of its Subsidiaries or any bank examiner, together with the principal amount of and accrued and unpaid interest on each such Loan and the identity of the borrower thereunder, and (y) each asset of CZFS that as of June 30, 2022 was classified as OREO and the book value thereof.

Loans; Nonperforming Assets. (a) Except as set forth in CZFS NBT Disclosure Schedule 4.18(a), as of the date hereof, none of CZFS NBT or any of its Subsidiaries is a party to any written or oral (i) Loan under the terms of which the obligor was, as of June September 30, 2022, over sixty (60) days delinquent in payment of principal or interest or in default of any other material provision, or (ii) Loan with any director, executive officer or five percent or greater shareholder of CZFS NBT or any of its Subsidiaries, or to the Knowledge of CZFSNBT, any person, corporation or enterprise controlling, controlled by or under common control with any of the foregoing. CZFS NBT Disclosure Schedule 4.18(a) identifies (x) each Loan that as of June September 30, 2022 was classified as “Special Mention,” “Substandard,” “Doubtful,” “Loss,” “Classified,” “Criticized,” “Credit Risk Assets,” “Concerned Loans,” “Watch List” or words of similar import by CZFS NBT or any of its Subsidiaries or any bank examiner, together with the principal amount of and accrued and unpaid interest on each such Loan and the identity of the borrower thereunder, and (y) each asset of CZFS NBT that as of June 30, 2022 was classified as OREO and the book value thereof.

Loans; Nonperforming Assets. (a) Except as set forth in CZFS Cambridge Disclosure Schedule 4.18(a4.20(a), as of the date hereof, none of CZFS Cambridge or any of its Subsidiaries is a party to any written or oral (i) Loan under the terms of which the obligor was, as of June September 30, 20222019, over sixty (60) days delinquent in payment of principal or interest or in default of any other material provision, or (ii) Loan with any director, executive officer or five percent or greater shareholder of CZFS Cambridge or any of its Subsidiaries, or to the Knowledge of CZFSCambridge, any person, corporation or enterprise controlling, controlled by or under common control with any of the foregoing. CZFS Cambridge Disclosure Schedule 4.18(a4.20(a) identifies (x) each Loan that as of June September 30, 2022 2019 was classified as “Special Mention,” “Substandard,” “Doubtful,” “Loss,” “Classified,” “Criticized,” “Credit Risk Assets,” “Concerned Loans,” “Watch List” or words of similar import by CZFS Wellesley or any of its Subsidiaries or any bank examiner, together with the principal amount of and accrued and unpaid interest on each such Loan and the identity of the borrower thereunder, and (y) each asset of CZFS Cambridge that as of June September 30, 2022 2019 was classified as OREO and the book value thereof.