Common use of Indirect Loans Clause in Contracts

Indirect Loans. Make or purchase any indirect or brokered loans. (p) Capital Expenditures. Make any capital expenditure or capital additions or improvements which individually exceed $5,000 or in the aggregate exceed $15,000.

Appears in 2 contracts

Sources: Merger Agreement (Premier Financial Bancorp Inc), Merger Agreement (City Holding Co)

Indirect Loans. Make or purchase any indirect or brokered loans. (p) Capital Expenditures. Make any capital expenditure or capital additions or improvements which individually exceed $5,000 7,500 or in the aggregate exceed $15,00020,000.

Appears in 1 contract

Sources: Merger Agreement (United Bancshares Inc/Oh)