Common use of Allowance for Loan and Lease Losses Clause in Contracts

Allowance for Loan and Lease Losses. 4. (a) Within forty-five (45) days, the Association shall revise its policies, procedures, and methodology to ensure the timely establishment and maintenance of an adequate ALLL in accordance with applicable laws, regulations and regulatory guidance (ALLL Policy) that is acceptable to the Regional Director.

Allowance for Loan and Lease Losses. 47. Within sixty (a) Within forty-five (4560) days, the Association shall revise its policies, procedures, and methodology relating to ensure the timely establishment and maintenance of an adequate ALLL in accordance with applicable laws, regulations and regulatory guidance level (ALLL Policy) to ensure that it is acceptable to the Regional Director.Director and addresses all corrective actions set forth in the 2010 XXX relating to ALLL. The ALLL Policy shall comply with applicable laws, regulations, and regulatory guidance and shall:

Allowance for Loan and Lease Losses. 410. Within thirty (a) Within forty-five (4530) days, the Association shall revise its policies, procedures, and methodology to ensure the timely establishment and maintenance of an adequate ALLL level in accordance with applicable laws, regulations regulations, and regulatory guidance (ALLL Policy) that is acceptable to ). At a minimum the Regional Director.ALLL Policy shall:

Allowance for Loan and Lease Losses. 45. Within sixty (a) Within forty-five (4560) days, the Association shall revise its policies, procedures, and methodology relating to ensure the timely establishment and maintenance of an adequate ALLL level (ALLL Policy) to ensure that it addresses all corrective actions set forth in accordance the 2010 XXX relating to the ALLL. The ALLL Policy shall comply with applicable laws, regulations regulations, and regulatory guidance (ALLL Policy) that is acceptable to the Regional Directorguidance.

Allowance for Loan and Lease Losses. 414. (a) Within forty-five (45) days, the Association shall revise its policies, procedures, and methodology relating to ensure the timely establishment and maintenance of an adequate allowance for loan and lease losses (ALLL) level (ALLL Policy) to ensure that the ALLL Policy addresses all corrective actions set forth in accordance the 2009 XXX relating to ALLL. The ALLL Policy shall comply with applicable laws, regulations regulations, and regulatory guidance (ALLL Policy) that is acceptable to the Regional Directorguidance.

Allowance for Loan and Lease Losses. 410. Within sixty (a) Within forty-five (4560) days, the Association shall revise its policies, procedures, and methodology relating to ensure the timely establishment and maintenance of an adequate ALLL level (ALLL Policy) to address all corrective actions set forth in accordance the 2010 XXX relating to ALLL. The ALLL Policy shall comply with applicable laws, regulations regulations, and regulatory guidance (ALLL Policy) that is acceptable to the Regional Director.and shall:

Allowance for Loan and Lease Losses. 46. (a) Within forty-five (45) days, the Association shall revise its policies, procedures, and methodology relating to ensure the timely establishment and maintenance of an adequate ALLL level (ALLL Policy) to ensure that it addresses all corrective actions set forth in accordance the 2010 XXX relating to the ALLL. The ALLL Policy shall comply with applicable laws, regulations regulations, and regulatory guidance (ALLL Policy) that is acceptable to and shall require the Regional Director.Association to:

Allowance for Loan and Lease Losses. 415. (a) Within forty-five (45) daysBy January 31, 2011, the Association shall revise its policies, procedures, policies and methodology procedures relating to the calculation of the ALLL (ALLL Policy) to ensure that it addresses the timely establishment and maintenance of an adequate corrective action set forth in the 2010 XXX relating to the ALLL. The ALLL in accordance Policy shall comply with applicable laws, regulations regulations, and regulatory guidance (ALLL Policy) that is acceptable to the Regional Directorguidance.

Allowance for Loan and Lease Losses. 415. (a) Within forty-five (45) daysBy January 31, 2011, the Association shall revise and implement its policies, procedures, and methodology relating to ensure the timely establishment and maintenance of an adequate ALLL level (ALLL Policy) to ensure that it addresses all corrective actions set forth in accordance the 2010 XXX relating to ALLL. The ALLL Policy shall comply with applicable laws, regulations regulations, and regulatory guidance (ALLL Policy) that is acceptable to the Regional Director.and shall:

Allowance for Loan and Lease Losses. 420. Within sixty (a) Within forty-five (4560) days, the Association shall revise its policies, procedures, and methodology relating to ensure the timely establishment and maintenance of an adequate allowance for loan and lease losses level (ALLL Policy) to ensure that it addresses any corrective actions set forth in accordance the 2010 Examination relating to ALLL. The ALLL Policy shall comply with applicable laws, regulations regulations, and regulatory guidance (ALLL Policy) that is acceptable to the Regional Director.and shall:

Allowance for Loan and Lease Losses. 416. (a) Within forty-five (45) daysBy September 30, 2010, the Association shall revise its policies, procedures, and methodology relating to ensure the timely establishment and maintenance of an adequate ALLL in accordance with applicable laws, regulations and regulatory guidance level (ALLL Policy) to ensure that it is acceptable to the Regional Director.Director and addresses all corrective actions set forth in the 2010 XXX relating to ALLL. The ALLL Policy shall comply with applicable laws, regulations, and regulatory guidance and shall:

Allowance for Loan and Lease Losses. 415. Within thirty (a) Within forty-five (4530) days, the Association shall revise its policies, procedures, and methodology relating to ensure the timely establishment and maintenance of an adequate ALLL level (ALLL Policy) to ensure that it addresses all corrective actions set forth in accordance the 2010 RXX relating to ALLL. The ALLL Policy shall comply with applicable laws, regulations regulations, and regulatory guidance (ALLL Policy) that is acceptable to the Regional Director.and shall: