Troubled Debt Restructuring definition

Troubled Debt Restructuring is as defined in GAAP and means a restructuring in which a credit union, for economic or legal reasons related to a member borrower’s financial difficulties, grants a concession to the borrower that it would not otherwise consider. The restructuring of a loan may include, but is not necessarily limited to: (1) the transfer from the borrower to the credit union of real estate, receivables from third parties, other assets, or an equity interest in the borrower in full or partial satisfaction of the loan; (2) a modification of the loan terms, such as a reduction of the stated interest rate, principal, or accrued interest or an extension of the maturity date at a stated interest rate lower than the current market rate for new debt with similar risk; or

Troubled Debt Restructuring means a restructuring in which a credit union, for economic or legal reasons related to a borrower's financial difficulties, grants a concession to the borrower that it would not otherwise consider. The restructuring of a loan may include, but is not necessarily limited to: (1) the transfer from the borrower to the credit union of real estate, receivables from third parties, other assets, or an equity interest in the borrower in full or partial satisfaction of the loan; (2) a modification of the loan terms, such as a reduction of the stated

Troubled Debt Restructuring is defined in GAAP and means a restructuring in which a credit union, for economic or legal reasons related to a borrower's financial difficulties, grants a concession to the borrower that it would not otherwise consider. The restructuring of a loan may include, but is not necessarily limited to: (1) the transfer from

Examples of Troubled Debt Restructuring in a sentence

• In April 2011, the FASB issued ASU 2011-02, Receivables (Topic 310): A Creditor's Determination of Whether a Restructuring Is a Troubled Debt Restructuring, which clarifies accounting for troubled debt restructurings, specifically clarifying creditor concessions and financial difficulties experienced by borrowers.

• In April 2011, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2011-02, Receivables (Topic 310): A Creditor's Determination of Whether a Restructuring Is a Troubled Debt Restructuring, which clarifies accounting for troubled debt restructurings, specifically clarifying creditor concessions and financial difficulties experienced by borrowers.

• Troubled Debt Restructuring: Debtors The Company had no troubled debt restructuring during the reporting period.

• In April 2011, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2011-02, Receivables (Topic 310): A Creditor’s Determination of Whether a Restructuring Is a Troubled Debt Restructuring, which clarifies accounting for troubled debt restructurings, specifically clarifying creditor concessions and financial difficulties experienced by borrowers.

• Troubled Debt Restructuring A restructuring of a debt constitutes a troubled debt restructuring if the creditor forto the debtor that it would not otherwise consider.

More Definitions of Troubled Debt Restructuring

Troubled Debt Restructuring is as defined in GAAP and means a restructuring in which a credit union, for economic or legal reasons related to a member borrower’s financial difficulties, grants a concession to the borrower that it would not otherwise consider. The restructuring of a loan may include, but is not necessarily limited to: (1) the transfer from the borrower to the credit union of real estate, receivables from third parties, other assets, or an equity interest in

Troubled Debt Restructuring. ’ is as defined in GAAP and means a restructuring in which a credit union, for economic or legal reasons related to a member borrower’s financial difficulties, grants a concession to

Troubled Debt Restructuring is as defined in GAAP and means a restructuring in which a credit union, for economic or legal reasons related to a member borrower's

Troubled Debt Restructuring is as defined in GAAP and means a restructuring in which a credit union, for economic or legal reasons related to a member borrower's financial difficulties, grants a concession to the borrower that it would not otherwise

Troubled Debt Restructuring when applied to Berkshire Bank means and includes each asset that is included in the term “Troubled Debt Restructurings” for regulatory reporting purposes, as of any date of reference, as defined in the FFIEC Instructions for Preparation of Consolidated Reports of Condition and Income (FFIEC 031 and 041) as in force on the date of this Agreement, whether or not Berkshire Bank is required to report such items or is required to report as required in such instructions.

Troubled Debt Restructuring. ’ is as defined in GAAP and means a restructuring in which a credit union, for economic or legal reasons related to a member borrower’s financial dif- ficulties, grants a concession to the borrower that it would not otherwise consider.16 The restructuring of a loan may include, but is not necessarily limited to:

Troubled Debt Restructuring. ’ is as defined in GAAP and means a restructuring in which a credit union, for economic or legal reasons related to a member borrower’s financial dif- ficulties, grants a concession to the borrower that it would not otherwise consider.16 The restructuring of a loan may include, but is not necessarily limited to: