Common use of Loan Loss Reserve Clause in Contracts

Loan Loss Reserve. On and as of the Effective Date, the aggregate reserve for loan losses of the Bank as determined in accordance with generally accepted accounting principles shall not be less than $849,545.

Appears in 1 contract

Samples: Agreement of Merger (Zions Bancorporation /Ut/)

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Loan Loss Reserve. On and as of the Effective Date, the aggregate reserve for loan losses of the Bank as determined in accordance with generally accepted accounting principles or, to the extent different from generally accepted accounting principles, accounting principles mandated or expressly permitted by the Board of Governors ("Applicable Accounting Principles") shall not be less than $849,545587,397.

Appears in 1 contract

Samples: Employment Agreement (Zions Bancorporation /Ut/)

Loan Loss Reserve. On and as of the Effective Date, the aggregate reserve for loan losses of the Bank as determined in accordance with generally accepted accounting principles shall not be less than $849,5451,077,457.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Zions Bancorporation /Ut/)

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Loan Loss Reserve. On and as of the Effective Date, the aggregate reserve for loan losses of the SS Bank as determined in accordance with generally accepted accounting principles shall not be less than $849,5451,865,790.

Appears in 1 contract

Samples: Agreement of Merger (Zions Bancorporation /Ut/)

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