Branch Loans definition
Examples of Branch Loans in a sentence
Seller agrees to prepare at its expense and deliver to Purchaser magnetic media records in a format consistent with BISYS file not later than 20 days prior to the Closing Date, and further shall deliver to Purchaser such records updated on the Closing Date, which records shall contain the information related to the Branch Loans and Deposits assumed above.
On the other hand, the yearly stock price data revealed a positive association (r= 0.46) between stock price and R&D.
If any such New Branch Loan is made, Purchaser may, at its option and in its sole discretion, by notice to Seller prior to the Closing Date, accept any such New Branch Loans to be included as a Branch Loan in the Acquired Loans.
Seller will provide information to Purchaser with respect to all other New Branch Loans in the ordinary course of due diligence with respect to the Acquisition.
With respect to loans attributable to the Branches that are proposed to be made by Seller after the date hereof and prior to the Closing (“New Branch Loans”), Seller will only make New Branch Loans that are consistent with Seller’s historical underwriting practices.
To the extent, if any, the RSUs are vested pursuant to the terms of this Agreement or the Plan, shares of Common Stock shall be issued to or in respect of the Grantee on the earliest of the following dates: (a) as soon as practicable after the vesting date as specified in Section 3 above, or (b) in the event all of the RSUs become vested upon the Grantee's death pursuant to Section 11 below, as soon as practicable after the date of the Grantee's death.
Seller shall submit and file any required IRS reporting with respect to interest accrued on Deposit Liabilities and Branch Loans through the Closing Date.
Seller at its expense shall provide, in response to all reasonable requests of Purchaser, data conforming to industry standards regarding the Deposits, Repurchase Agreements and Branch Loans to Purchaser, including a list of all account numbers, account parties and addresses of such parties, in computer readable format and in such other form or forms as may be mutually agreed to by Seller and Purchaser, to enable Purchaser to convert such data onto Purchaser's data processing systems by the Effective Date.
Lack of often update of credit policy, banks being silent on the ever-rising borrowers default rate and insufficient monitoring of credits have led to the rise of bad loans (Mathara, 2017).In Kenya there are many mobile loan applications for example Mshwari by Safaricom, KCB Mpesa Loans, Haraka, Saida Loans, Tala Loans, Okoa Stima, Branch Loans, Zidisha and among others.
For the periods of ninety (90) days following the Closing Date, as of the end of each thirty (30) days during such period, Buyer shall by written notice to Seller identify each of the Branch Loans (the "Scheduled Loans") that, as of the date of such notice, are (i) sixty (60) days or more past due; (ii) subject to bankruptcy or any other form of legal proceedings arising after the Closing; or (iii) subject to any material contingency, which substantially impairs the prospects for collection of such Loan.