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.
At the Closing, Seller shall deliver to Purchaser an updated Exhibit 2.02(d) containing an updated list of the Branch Loans, excluding any Excluded Loans under Section 3.04(a) and including any New Branch Loans accepted by Purchaser pursuant to Section 3.04(b).
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.
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.
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.
He advised that there were not, other than he reinforced the concern already raised regarding the number of internal audit recommendations.The chair of the audit committee advised that the committee considered that there had been a significant increase in the level of diligence demonstrated by both the new internal audit and external audit services, as compared to previous years.
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.
The Export-Import Bank of China as Lender, Mandated Lead Arranger and Bookrunner Xx. 00 Xxxxxxxxx Xxx Xxxxxx Xxxxxxx Xxxxxxxx Xxxxxxx P.R. China Attn: Xx. Xx Lingkai/Xx. Xx Hongliang Fax: +00 00 0000 0000/29 CEXIM Facility: 44,841,176.90 Citibank, N.A., London Branch as Lender, Mandated Lead Arranger and Bookrunner Citibank, N.A. London x/x Xxxxxxxx Xxxxxxxxxxxxx Xxx Xxxxxx Branch Loans Operations Department 8 Xxxxxxxxxxxxxx Xxx.
Buyer agrees to service all of the Branch Loans acquired by Buyer in accordance with prudent banking practices and standards.
Further, Buyer, at its sole cost and expense, shall prepare and shall file, or shall cause to be prepared and filed, with any appropriate third parties, any and all documents and notices which are necessary and proper to transfer to Buyer any security interests and other rights of Seller in and to collateral securing the Branch Loans being transferred hereunder.