Examples of Paragon Bank in a sentence
Memphis, Tennessee; to acquire shares of Paragon Financial Solutions, Inc., and thereby indirectly acquire shares of Paragon Bank, both of Memphis, Tennessee.
Paragon Bank shall do and execute, or arrange for the doing and executing of, each act, document and thing requested of it by a Securitisation Trustee in order to implement and/or give effect to this Deed and the arrangements contemplated by it.
PML and Paragon Bank carry on the business of managing and administering mortgage loan portfolios, car loan portfolios and unsecured consumer loan portfolios.
Paragon Bank shall give notice in writing to the Bank of this Deed and the terms thereof prior to the creation of any Trust Property which is to be held on trust for a Beneficiary in accordance with this Deed.
Paragon Bank will, in respect of any future securitisation in which it acts as originator, seller and/or transferor of financial assets, endeavour to agree with the relevant securitisation trustee a supplemental deed of declaration of trust to this Deed in which it shall declare that it holds, for the Beneficiary in respect of such securitisation, such Beneficiary's Share on the same (or substantially similar) trusts as those set forth in this Deed.
Credit Check Authorization I/We hereby authorize Paragon Bank to obtain necessary credit information to include, but not limited to, consumer credit reports, business credit reports, payment and history of any outstanding or paid indebtedness and information from trade creditors.
In the absence of any nomination by the Seller within 20 days of the request by the Trustee, the Trustee shall be entitled to release the Charged Property created by this Deed and to reassign and transfer the Charged Property to the Issuer and the Trustee shall have no responsibility to PML and/or Paragon Bank for having done so.
Michigan Participating as of restatement date Paragon Bank & Trust Banking corp.
The most significant of these, which are calculated for the Paragon Bank regulatory group on a basis which is standardised across the banking industry, are the Liquidity Coverage Ratio (‘LCR’) and Net Stable Funding Ratio (‘NSFR’).The LCR is a measure of short-term resilience which compares available highly liquid assets to forecast short-term outflows, calculated according to a prescribed formula, with a 30-day horizon.
Save as otherwise provided in the Transaction Documents, the Trustee shall have no responsibility for providing any Article 5 Information to any Noteholder and the Trustee shall have no duty to investigate or verify the accuracy of the content of any response provided by Paragon Bank to any Article 5 Information Request.