Reserve for Possible Loan and Lease Losses. The reserve for possible loan and lease losses shown on the Financial Statements at September 30, 2006, was considered by Borrower's management to be adequate in all respects to provide for Borower's possible specific losses, net of recoveries relating to loans previously charged off, on loans outstanding at that date, and included an additional amount of historically-allocated reserves for unanticipated future losses at a level considered adequate by Borrower's management as of that date.
Reserve for Possible Loan and Lease Losses. The reserves for possible loan and lease losses shown in the most recently delivered financial statements pursuant to Section 4.2(a)(i), with respect to the Borrower and in the Reports of Condition and Income (“Call Reports”) of the Bank are adequate in all respects to provide for losses, net of recoveries relating to loans previously charged off, on loans and leases outstanding as of the date of such statements or reports, as of the date of such statements or reports. Except for loans listed on Schedule 3.9, to the Borrower’s knowledge, the aggregate principal amount of loans contained in the loan portfolio of the Bank in excess of the corresponding reserve is fully collectible.
Reserve for Possible Loan and Lease Losses. The reserve for possible loan and lease losses shown on the consolidated balance sheet of Seller and the Affiliated Seller Entities as of July 31, 2000, and as of the date hereof (copies of which balance sheets have been previously provided by Seller and Seller Subsidiary to the MBFI Parties in connection herewith), is adequate in all material respects based on past loan loss experience and potential loss experiences of Seller and the Affiliated Seller Entities to provide for all losses, net of recoveries relating to loans previously charged off, on loans outstanding as of the date of such statement, and, to the best knowledge of the Representing Persons, the loan portfolios of Seller and each of the Affiliated Seller Entities at such dates in excess of such reserves are all collectible in accordance with their terms.
Reserve for Possible Loan and Lease Losses. The reserve for possible loan and lease losses shown on the September 30, 2001 call report of the Bank is adequate in all respects to provide for the Bank’s possible or specific losses, net of recoveries relating to loans previously charged off, on loans outstanding, and contains an additional amount of unallocated reserves for unanticipated future losses at a level considered adequate based upon generally accepted safe and sound banking practices.
Reserve for Possible Loan and Lease Losses. The allowance for possible loan and lease losses shown on Company's consolidated balance sheet as of December 31, 2000 (plus all additions to such allowance and minus all charges against such allowance since such date) is to Company's knowledge adequate in all material respects, based on past loss experience and reasonably expected potential losses, to provide for all losses (after taking into account recoveries relating to loans, leases and other extensions of credit previously charged off) on loans, leases and other extensions of credit outstanding as of the date hereof.
Reserve for Possible Loan and Lease Losses. To the best knowledge of Seller and each of the Seller Stockholders, with due inquiry, the reserve for possible loan and lease losses shown on the consolidated balance sheet of Seller and the Affiliated Seller Entities as of December 31, 2000, and as of the date hereof (copies of which balance sheets have been previously provided by Seller and/or the Seller Stockholders to MB in connection herewith), is adequate in all material respects based on past loan loss experience and potential loss experiences of Seller and the Affiliated Seller Entities to provide for all losses, net of recoveries relating to loans previously charged off, on loans outstanding as of the date of such statement, and the loan portfolios of Seller and each of the Affiliated Seller Entities at such dates in excess of such reserves are all collectible in accordance with their terms.
Reserve for Possible Loan and Lease Losses. Except as previously disclosed to the Lender, the reserves for possible loan and lease losses shown in the Financial Statements are adequate in all material respects to provide for all losses, net of recoveries relating to loans previously charged off, on loans outstanding, as of the date of such statements or reports, and the Borrower has no reason, at the present time, to believe that the loan portfolio of GBK at each such date will incur losses in excess of such reserves.
Reserve for Possible Loan and Lease Losses. To the best of Borrower's knowledge, the reserves for possible loan and lease losses shown in the Borrower Financial Statements are adequate in all respects to provide for losses, net of recoveries relating to loans previously charged off, on loans and leases outstanding and contain an additional amount of unallocated reserves for unanticipated future losses at levels considered adequate based upon generally accepted safe and sound banking practices, as of the date of such statements or reports.
Reserve for Possible Loan and Lease Losses. The reserve for ------------------------------------------ possible loan and lease losses shown on the Consolidated Report of Income and Condition ("Call Report") of Allegiant Bank for the nine months ended September 30, 1998, is adequate in all respects to provide for possible or specific losses, net of recoveries relating to loans previously charged off, on loans outstanding, and contains an additional amount of unallocated reserves for unanticipated future losses at a level considered adequate based upon generally accepted safe and sound banking practices.
