Real Estate Loans; Investments. (a) Except for properties acquired in settlement of loans, there are no facts, circumstances or contingencies known to it which exist and would require a material reduction under generally accepted accounting principles in the present carrying value of any of the real estate investments, joint ventures, construction loans, other investments or other loans of it or any of its Subsidiaries (either individually or in the aggregate with other loans and investments).
Appears in 3 contracts
Samples: Agreement and Plan of Merger (D&n Financial Corp), Agreement and Plan of Merger (Republic Bancorp Inc), Agreement and Plan of Merger (Republic Bancorp Inc)
Real Estate Loans; Investments. (a) Except for properties acquired in settlement of loans, there are no facts, circumstances or contingencies known to it which exist and would require a material reduction under generally accepted accounting principles in of the present carrying value of any of the real estate investments, joint ventures, construction loans, loans or other investments or other loans of it or any of its Subsidiaries (either individually or in the aggregate with other loans and investments)it.
Appears in 1 contract
Samples: Agreement and Plan of Consolidation (Southern Michigan Bancorp Inc)
