Common use of Loan Loss Reserves Ratio Clause in Contracts

Loan Loss Reserves Ratio. The Borrower and each Subsidiary Bank shall maintain at all times on a consolidated basis a ratio of loan loss reserves to non-performing loans (not including "other real estate owned") of not less than one hundred percent (100%).

Appears in 2 contracts

Samples: Credit Agreement (Heartland Financial Usa Inc), Credit Agreement (Heartland Financial Usa Inc)

AutoNDA by SimpleDocs

Loan Loss Reserves Ratio. The Borrower and each Each Subsidiary Bank shall maintain at all times on a consolidated basis a ratio of (a) the sum of (i) loan loss reserves plus (ii) reserves for unfunded commitments to (b) non-performing loans (not including "other real estate owned") of not less than one hundred percent (100%).

Appears in 2 contracts

Samples: Revolving Credit Agreement (First Community Bancorp /Ca/), Revolving Credit Agreement (First Community Bancorp /Ca/)

Loan Loss Reserves Ratio. The Borrower and each Subsidiary Bank shall maintain at all times on a consolidated basis a ratio of loan loss reserves to non-performing loans (not including "other real estate owned"”, any portion of non-performing loans guaranteed by a governmental entity of the United States of America (including the United States Department of Agriculture and the United States Small Business Administration) and other repossessed assets) of not less than one hundred ninety percent (10090%).

Appears in 1 contract

Samples: Credit Agreement (Heartland Financial Usa Inc)

Loan Loss Reserves Ratio. The Borrower and each Subsidiary Bank shall maintain at all times on a consolidated basis a ratio of loan loss reserves to non-performing loans (not including "other real estate owned") of not less than one hundred percent (100%).

Appears in 1 contract

Samples: Credit Agreement (Heartland Financial Usa Inc)

AutoNDA by SimpleDocs

Loan Loss Reserves Ratio. The Borrower and each Subsidiary Bank shall maintain at all times on a consolidated basis a ratio of loan loss reserves to non-performing loans (not including "other real estate owned"”, any portion of non-performing loans guaranteed by a governmental entity of the United States of America (including the United States Department of Agriculture and the United States Small Business Administration) and other repossessed assets) of not less than one hundred eighty percent (10080%)) at any time.

Appears in 1 contract

Samples: Credit Agreement (Heartland Financial Usa Inc)

Loan Loss Reserves Ratio. The Borrower and each Subsidiary Bank shall maintain at all times on a consolidated basis a ratio of loan loss reserves to non-performing loans (not including "other real estate owned"”, any portion of non-performing loans guaranteed by a governmental entity of the United States of America (including the United States Department of Agriculture and the United States Small Business Administration) and other repossessed assets) of not less than one hundred eighty percent (10080%)) at any time on or before September 29, 2008 and ninety percent (90%) at any time thereafter.

Appears in 1 contract

Samples: Credit Agreement (Heartland Financial Usa Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.