Common use of Monthly Data Download Clause in Contracts

Monthly Data Download. Within fifteen (15) days following the end of each Shared-Loss Month, the Assuming Institution shall provide to the Receiver: (i) the servicing file in machine-readable format including but not limited to the fields shown on Exhibit 5.3(a) for each outstanding Shared-Loss Loan, as applicable; and (ii) an Excel file for ORE held as a result of foreclosure on a Shared-Loss Loan listing for each item of ORE: (A) the foreclosure date; (B) the unpaid loan principal balance; (C) the broker price opinion value or, if required by the Receiver in its discretion, the appraised value; and (D) the projected liquidation date.

Appears in 19 contracts

Samples: Purchase and Assumption Agreement (Talmer Bancorp, Inc.), Purchase and Assumption Agreement (Hilltop Holdings Inc.), Purchase and Assumption Agreement (CenterState Banks, Inc.)

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Monthly Data Download. Within fifteen (15) days following the end of each Shared-Loss Month, the Assuming Institution shall provide to the Receiver: (i) the servicing file in machine-readable format including but not limited to the fields shown on Exhibit 5.3(a) for each outstanding Shared-Loss Loan, as applicable; and (ii) an Excel file for ORE held as a result of foreclosure on a Shared-Shared- Loss Loan listing for each item of ORE: (A) the foreclosure date; (B) the unpaid loan principal balance; (C) the broker price opinion value or, if required by the Receiver in its discretion, the appraised value; and (D) the projected liquidation date.

Appears in 4 contracts

Samples: Purchase and Assumption Agreement (BNC Bancorp), Purchase and Assumption Agreement, Purchase and Assumption Agreement

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