BENEFIT ACCOUNTING Sample Clauses

BENEFIT ACCOUNTING. The Bank shall account for this benefit using GAAP accounting principles. The Bank shall establish an accrued liability retirement account for the Executive into which appropriate reserves shall be accrued.

BENEFIT ACCOUNTING. The Bank shall account for the benefit provided herein using the regulatory accounting principles of the Bank's primary federal regulator. The Bank shall establish an accrued liability retirement account for the Executive into which appropriate reserves shall be accrued. On the date of this agreement, said account shall have a pre-existing liability balance of One Hundred Ten Thousand Five Hundred and 00/100ths Dollars ($110,500.00).

BENEFIT ACCOUNTING. The Institution shall account for this benefit using the regulatory accounting principles of the Institution's primary federal regulator. The Institution shall establish an accrued liability account for the Director into which appropriate reserves shall be accrued.

BENEFIT ACCOUNTING. The BHC shall account for the benefits under this Agreement using the regulatory accounting principles of the BHC's primary federal regulator as agreed to by the BHC’s independent certified public accounting firm.

BENEFIT ACCOUNTING. The Bank shall account for benefits under this Agreement in such manner as it determines, in its discretion, is appropriate, but in any case in accordance with U.S. Generally Accepted Accounting Principals and all applicable regulatory accounting principles of the Bank's primary federal regulator.

BENEFIT ACCOUNTING. The Corporation shall account for this benefit using the regulatory accounting principles of the Corporation's primary federal regulator consistent with Generally Applicable Accounting Principles. The Corporation shall establish an unfunded accrued liability retirement account for the Executive.

BENEFIT ACCOUNTING. The Bank shall account for this benefit using the regulatory accounting principles of the Bank’s primary federal regulator and the Generally Accepted Accounting Principles. The Bank shall establish an accrued liability retirement account (a bookkeeping entry) for the Director into which appropriate reserves shall be accrued. Benefits will accrue for the Director until the Director’s attainment of Normal Retirement Age, after which time no further benefits will accrue for the Director under this Agreement.

BENEFIT ACCOUNTING. The Company shall account for the benefit provided herein using the regulatory accounting principles of the Company's primary federal regulator. The Company shall establish an accrued liability retirement account for the Director into which appropriate reserves shall be accrued.

BENEFIT ACCOUNTING. Rurban shall account for this benefit using the regulatory accounting principles of Rurban's primary federal regulator. Rurban shall establish an accrued liability retirement account for the Executive into which appropriate reserves shall be accrued.