Payments With Respect to Shared-Loss Assets. (i) For purposes of this Section 2.1(b), the Assuming Bank shall record the Shared-Loss Assets on its Accounting Records at Book Value. If the amount of all Net Charge- Offs during any Shared-Loss Quarter plus Reimbursable Expenses during such Shared-Loss Quarter (the "Shared-Loss Amount") is positive, then, except as provided in Sections 2.1(c) and
Appears in 14 contracts
Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement, Purchase and Assumption Agreement
