Common use of PARTICIPATIONS PURCHASED Clause in Contracts

PARTICIPATIONS PURCHASED. (1) The Bank may grant, purchase, assume or acquire in any manner, directly or indirectly, or as a fiduciary or nominee, any loan, loan participation, loan obligation or other asset, as long as such grant, purchase, assumption, or acquisition is consistent with safe and sound banking practices, the guidelines set forth in Banking Circular 181 (Revised), dated August 2, 1984, and the requirements of 12 C.F.R. Part 34.

Appears in 3 contracts

Samples: Banking Agreement, Banking Agreement, Banking Agreement

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PARTICIPATIONS PURCHASED. (1) The Effective immediately, the Bank may grant, purchase, assume or acquire in any manner, directly or indirectly, or as a fiduciary or nominee, any loan, loan participation, loan obligation or other asset, as long as such grant, purchase, assumption, or acquisition is consistent with safe and sound banking practices, the guidelines set forth in Banking Circular 181 (Revised), dated August 2, 1984, and the requirements of 12 C.F.R. Part 34.

Appears in 2 contracts

Samples: Banking Agreement, Banking Agreement

PARTICIPATIONS PURCHASED. (1) The Bank may grant, purchase, assume or acquire in any manner, directly or indirectly, or as a fiduciary or nominee, any loan, loan participation, loan obligation or other asset, as long as such grant, purchase, assumption, or acquisition is consistent with safe and sound banking practices, the guidelines set forth in Banking Circular 181 (Revised), dated August 2, 1984, and the requirements of 12 C.F.R. Part 34.

Appears in 2 contracts

Samples: Banking Agreement, Agreement Between Citrus Bank and the Office of the Comptroller of the Currency (Cib Marine Bancshares Inc)

PARTICIPATIONS PURCHASED. (1( 1 ) The Bank may grant, purchase, assume or acquire in any mannerma nner, directly or indirectly, or as a fiduciary or nominee, any loan, loan participation, loan obligation or other asset, as long as such grant, purchase, assumption, or acquisition is consistent with safe and sound banking practices, the guidelines set forth in Banking Circular 181 (Revised), dated August 2, 1984, and the requirements of 12 C.F.R. Part 34.

Appears in 1 contract

Samples: Banking Agreement

PARTICIPATIONS PURCHASED. (1) The Effectively immediately, the Bank may grant, purchase, assume or acquire in any manner, directly or indirectly, or as a fiduciary or nominee, any loan, loan participation, loan obligation or other asset, as long as such grant, purchase, assumption, or acquisition is consistent with safe and sound banking practices, the guidelines set forth in Banking Circular 181 (Revised), dated August 2, 1984, and the requirements of 12 C.F.R. Part 34.

Appears in 1 contract

Samples: Banking Agreement

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PARTICIPATIONS PURCHASED. (1) The Bank may grant, purchase, assume or acquire in any manner, directly or indirectly, or as a fiduciary or nominee, any loan, loan participation, loan obligation or other asset, as long as such grant, purchase, assumption, or acquisition is consistent with safe and sound banking practices, the guidelines set forth in Appendix E of the Loan Portfolio Management Booklet of the Comptroller's Handbook, dated April 1998, Banking Circular 181 (Revised), dated August 2, 1984#181, and the requirements of 12 C.F.R. Part 34.

Appears in 1 contract

Samples: Banking Agreement

PARTICIPATIONS PURCHASED. (1) The Bank may grant, purchase, assume or acquire in any manner, directly or indirectly, or as a fiduciary or nominee, any loan, loan participation, loan obligation or other asset, as long as such grant, purchase, assumption, or acquisition is consistent with safe and sound banking practices, the guidelines set forth in Banking Circular 181 (Revisedrevised), dated August 2, 1984, and the requirements of 12 C.F.R. Part 34.

Appears in 1 contract

Samples: Banking Agreement

PARTICIPATIONS PURCHASED. (1) The Effective immediately, the Bank may grant, purchase, assume or acquire in any manner, directly or indirectly, or as a fiduciary or nominee, any loan, loan participation, loan obligation or other asset, as long as such grant, purchase, assumption, or acquisition is consistent with safe and sound banking practices, the guidelines set forth in Banking Circular 181 (Revised), dated August 2, 1984, and the requirements of 12 C.F.R. Part 34.

Appears in 1 contract

Samples: Banking Agreement

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