Common use of Accounting and Other Adjustments Clause in Contracts

Accounting and Other Adjustments. Subject to applicable Legal Requirements, ICB agrees that it shall, and shall cause each ICB Subsidiary, to: (a) make any accounting adjustments or entries to its books of account and other financial records; (b) make additional provisions to any allowance for loan and lease losses; (c) sell or transfer any investment securities held by it; (d) charge-off any loan or lease; (e) create any new reserve account or make additional provisions to any other existing reserve account; (f) make changes in any accounting method; (g) accelerate, defer or accrue any anticipated obligation, expense or income item; and (h) make any other adjustments that would affect the financial reporting of Centrue Financial, on a consolidated basis after the Effective Time, in any case as Centrue Financial shall reasonably request, provided, however, that neither ICB nor any ICB Subsidiary shall be obligated to take any such requested action until immediately prior to the Closing and at such time as ICB shall have received reasonable assurances that all conditions precedent to ICB’s obligations under this Agreement (except for the completion of actions to be taken at the Closing) have been satisfied.

Accounting and Other Adjustments. Subject to applicable Legal Requirements, ICB GRB agrees that it shall, and shall cause each ICB GRB Subsidiary, to: (a) make any accounting adjustments or entries to its books of account and other financial records; (b) make additional provisions to any allowance for loan and lease losses; (c) sell or transfer any investment securities held by it; (d) charge-off any loan or lease; (e) create any new reserve account or make additional provisions to any other existing reserve account; (f) make changes in any accounting method; (g) accelerate, defer or accrue any anticipated obligation, expense or income item; and (h) make any other adjustments that would affect the financial reporting of Centrue FinancialParent, on a consolidated basis after the Effective Time, in any case as Centrue Financial Parent shall reasonably request, provided, however, that neither ICB GRB nor any ICB GRB Subsidiary shall be obligated to take any such requested action until immediately prior to the Closing and at such time as ICB GRB shall have received reasonable assurances that all conditions precedent to ICBGRB’s obligations under this Agreement (except for the completion of actions to be taken at the Closing) have been satisfied.

Accounting and Other Adjustments. Subject to applicable Legal Requirements, ICB Bank agrees that it shall, and shall cause each ICB Bank Subsidiary, to: (a) make any accounting adjustments or entries to its books of account and other financial records; (b) make additional provisions to any allowance for loan and lease losses; (c) sell or transfer any investment securities held by it; (d) charge-off any loan or lease; (e) create any new reserve account or make additional provisions to any other existing reserve account; (f) make changes in any accounting method; (g) accelerate, defer or accrue any anticipated obligation, expense or income item; and (h) make any other adjustments that would affect the financial reporting of Centrue FinancialFBC, on a consolidated basis after the Effective Time, in any case as Centrue Financial FBC shall reasonably request, provided, however, that neither ICB Bank nor any ICB Bank Subsidiary shall be obligated to take any such requested action until immediately prior to the Closing and at such time as ICB Bank shall have received reasonable written assurances that all conditions precedent to ICB’s Bank's obligations under this Agreement (except for the completion of actions to be taken at the Closing) have been satisfied.

Accounting and Other Adjustments. Subject to applicable Legal Requirements, ICB SBI agrees that it shall, and shall cause each ICB SBI Subsidiary, to: (a) make any accounting adjustments or entries to its books of account and other financial records; (b) make additional provisions to any allowance for loan and lease losses; (c) sell or transfer any investment securities held by it; (d) charge-off any loan or lease; (e) create any new reserve account or make additional provisions to any other existing reserve account; (f) make changes in any accounting method; (g) accelerate, defer or accrue any anticipated obligation, expense or income item; and (h) make any other adjustments that would affect the financial reporting of Centrue FinancialPrinceton, on a consolidated basis after the Effective Time, in any case as Centrue Financial Princeton shall reasonably request, provided, however, that neither ICB SBI nor any ICB SBI Subsidiary shall be obligated to take any such requested action until immediately prior to the Closing and at such time as ICB SBI shall have received reasonable assurances that all conditions precedent to ICB’s SBI's obligations under this Agreement (except for the completion of actions to be taken at the Closing) have been satisfied.