Loss Mitigation and Consideration of Alternatives. For each Single Family Shared-Loss Loan in default or for which a default is reasonably foreseeable, the
Appears in 3 contracts
Samples: Purchase and Assumption Agreement (First Bancorp /Nc/), Purchase and Assumption Agreement (Great Southern Bancorp Inc), Purchase and Assumption Agreement (First Financial Holdings Inc /De/)
Loss Mitigation and Consideration of Alternatives. For each Single Family Shared-Loss Loan in default or for which a default is reasonably foreseeable, thethe Assuming Bank shall undertake reasonable and customary loss mitigation efforts, in accordance
Appears in 2 contracts
Samples: Purchase and Assumption Agreement (Great Southern Bancorp Inc), Purchase and Assumption Agreement (Home Federal Bancorp, Inc.)