Common use of Shared-Loss Quarters Clause in Contracts

Shared-Loss Quarters. Within thirty (30) days after the end of each Shared-Loss Quarter, the Assuming Institution shall deliver to the Receiver a Quarterly Certificate setting forth the Module 1 — Whole Bank w/ Optional Shared Loss Agreements Coastal Bank Version 3.01 — Commercial Shared-Loss Agreement Cocoa Beach, FL December 8, 2010 following information with respect to each such Shared-Loss Quarter, in such form and detail as the Receiver may specify from time to time: (i) Charge-Offs with respect to Shared-Loss Assets; (ii) Recoveries; (iii) collections on Assets on which a Failed Bank Charge-Off has been effected; (iv) aggregate Charge-Offs less Recoveries; (v) Reimbursable Expenses; and (vi) ORE Income.

Appears in 2 contracts

Samples: Purchase and Assumption Agreement (FCB Financial Holdings, Inc.), Purchase and Assumption Agreement (Bond Street Holdings Inc)

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Shared-Loss Quarters. Within thirty (30) days after the end of each Shared-Loss Quarter, the Assuming Institution shall deliver to the Receiver a Quarterly Certificate setting forth the Module 1 — Whole Bank w/ Optional Shared Loss Agreements Coastal Bank Version 3.01 — Commercial Shared-Loss Agreement Cocoa Beach, FL December 8, 2010 following information with respect to each such Shared-Loss Quarter, in such form and detail as the Receiver may specify from time to time:: Module 1 – Whole Bank w/ Optional Shared Loss Agreements C-18 Central Florida State Bank Version 3.3.1 – COMMERCIAL SHARED-LOSS AGREEMENT Belleview, Florida December 7, 2011 (i) Charge-Offs with respect to Shared-Loss Assets; (ii) Recoveries; (iii) collections on Assets on which a Failed Bank Charge-Off has been effected; (iv) aggregate Charge-Offs less Recoveries; (v) Reimbursable Expenses; and (vi) ORE Income.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (CenterState Banks, Inc.)

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Shared-Loss Quarters. Within thirty (30) days after the end of each Shared-Loss Quarter, the Assuming Institution shall deliver to the Receiver a Quarterly Certificate setting forth the Module 1 — Whole Bank w/ Optional Shared Loss Agreements Coastal Bank Version 3.01 — Commercial Shared-Loss Agreement Cocoa Beach, FL December 8, 2010 following information with respect to each such Shared-Loss Quarter, in such form and detail as the Receiver may specify from time to time:: Whole Bank w/ Optional Shared Loss Agreements Version 4.2.2 – Commercial Shared-Loss Agreement June 1, 2000 X-00 Xxxxxx Xxxxx Bank Palatka, Florida (i) Charge-Offs with respect to Shared-Loss Assets; (ii) Recoveries; (iii) collections on Assets on which a Failed Bank Charge-Off has been effected; (iv) aggregate Charge-Offs less Recoveries; (v) Reimbursable Expenses; and (vi) ORE Income.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (HCBF Holding Company, Inc.)

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