Common use of Reserve for Possible Credit Losses Clause in Contracts

Reserve for Possible Credit Losses. The Company's consolidated reserve for possible credit losses is adequate to absorb reasonably anticipated losses in the consolidated loan and lease portfolios of the Company, in view of the size and character of such portfolios, current economic conditions, and other pertinent factors. Management periodically reevaluates the adequacy of such reserve based on portfolio performance, current economic conditions, and other factors.

Appears in 5 contracts

Samples: Agreement of Merger (Zions Bancorporation /Ut/), Agreement and Plan of Reorganization (Zions Bancorporation /Ut/), Employment Agreement (Zions Bancorporation /Ut/)

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