Common use of Non-Performing Assets Clause in Contracts

Non-Performing Assets. Permit Non-Performing Assets at any time to exceed 4.5% of total (gross) loans, leases and other owned real estate, in each case for Popular and its Subsidiaries (determined on a consolidated basis in accordance with GAAP), as at such time.

Appears in 4 contracts

Samples: 364 Day Credit Agreement (Popular Inc), 364 Day Credit Agreement (Popular Inc), 364 Day Credit Agreement (Popular Inc)

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Non-Performing Assets. Permit Non-Performing NonPerforming Assets at any time to exceed 4.5% of total (gross) loans, leases and other owned real estate, in each case for Popular and its Subsidiaries (determined on a consolidated basis in accordance with GAAP), as at such time.

Appears in 1 contract

Samples: Credit Agreement (Popular Inc)

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