Notification of Related Loans. In addition to maintaining records of all Related Loans, the Assuming Institution shall prepare and deliver to the Receiver, on a semi-annual basis, together with the Quarterly Certificates for all Shared-Loss Quarters and Recovery Quarters ending on June 30 and December 31, schedules of all Related Loans which are commercial loans or commercial real estate loans which have Legal Balances of $5,000,000 or more on the Accounting Records of the Assuming Institution as of June 30 and December 31, to the extent that more than one of such loans are to the same Obligor on Related Loans of $5,000,000 or more.
Appears in 39 contracts
Samples: Purchase and Assumption Agreement (HCBF Holding Company, Inc.), Purchase and Assumption Agreement (FCB Financial Holdings, Inc.), Purchase and Assumption Agreement (FCB Financial Holdings, Inc.)
Notification of Related Loans. In addition to maintaining records of all Related Loans, the Assuming Institution shall prepare and deliver to the Receiver, on a semi-annual basis, together with the Quarterly Certificates for all Shared-Loss Quarters and Recovery Quarters ending on June 30 and December 31, schedules a schedule of all Related Loans which that are commercial loans or commercial real estate loans which that have Legal Balances of $5,000,000 or more on the AI Accounting Records as of the Assuming Institution as of applicable June 30 and or December 31, to the extent that more than one of such loans are to the same Obligor on Related Loans of $5,000,000 or more.
Appears in 2 contracts
Samples: Commercial Shared Loss Agreement, Commercial Shared Loss Agreement (First Citizens Bancshares Inc /De/)
