Lending. (i) Make any material changes in its policies concerning Loan underwriting or which classes of persons may approve Loans, or fail to comply with its existing policies relating to such matters; or (ii) make any Loans or extensions of credit except in the ordinary course of business consistent with past practice, provided any unsecured Loan or extension of credit in excess of one million dollars ($1,000,000) or any secured loan or extension of credit in excess of five million dollars ($5,000,000) shall require the prior written approval of the Chief Credit Officer of Cascade Bank or his designee, which approval or rejection shall be given in writing within two (2) business days after the loan package is delivered to such individual.
Appears in 4 contracts
Samples: Agreement and Plan of Merger (Cascade Bancorp), Agreement and Plan of Merger (Home Federal Bancorp, Inc.), Agreement and Plan of Merger (Home Federal Bancorp, Inc.)
Lending. (i) Make any material changes in its policies concerning Loan underwriting or which classes of persons may approve Loans, Loans or fail to comply with its existing policies relating to such matters; or (ii) make any Loans or extensions of credit except in the ordinary course of business consistent with past practice, provided any unsecured Loan or extension of credit in excess of one million dollars ($1,000,000) or any secured loan or extension of credit in excess of five million dollars ($5,000,000) shall require the prior written approval of the Chief Credit Officer of Cascade Banner Bank or his designee, which approval or rejection shall be given in writing within two (2) business days after the loan package is delivered to such individual.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Home Federal Bancorp, Inc.), Agreement and Plan of Merger (Banner Corp)
Lending. (i) Make any material changes in its policies concerning Loan loan underwriting or which classes of persons Persons may approve Loans, loans or fail to comply with its existing such policies relating to such mattersas Previously Disclosed; or (ii) make any Loans loans or extensions of credit except in the ordinary course of business consistent with past practice, provided any unsecured Loan loan or extension of credit in excess of two hundred and fifty thousand dollars ($250,000) or any secured loan or extension of credit in excess of one million dollars ($1,000,000) or any secured loan or extension of credit in excess of five million dollars ($5,000,000) shall require the prior written approval of the President or Chief Credit Officer of Cascade Bank or his designeeViewPoint Bank, which approval or rejection shall be given in writing within two (2) business days after the loan package is delivered to such individual.
Appears in 1 contract
Samples: Agreement and Plan of Merger (ViewPoint Financial Group Inc.)
