Otherwise, use Exhibit 2b. (2). This version uses the unpaid balance of the loan as of the last payment as the starting point for the covered loss.
Appears in 69 contracts
Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement, Purchase and Assumption Agreement
Otherwise, use Exhibit 2b. (2). This version uses the unpaid balance of the loan as of the last payment as the starting point for the covered loss.. c. Use Exhibit 2b(1) for loans written down to book value prior to the shared-loss
Appears in 2 contracts
Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement