Common use of Loan Loss Reserves Clause in Contracts

Loan Loss Reserves. With respect to the Bank, maintain at all times loan loss reserves in amounts deemed adequate by all federal and state regulatory authorities.

Appears in 12 contracts

Samples: Loan Agreement (First Guaranty Bancshares, Inc.), Loan Agreement (Bancplus Corp), Loan Agreement (Citizens Community Bancorp Inc.)

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Loan Loss Reserves. With respect to the BankBank and any Subsidiary, maintain at all times loan loss reserves in amounts deemed adequate by all federal and state regulatory authorities.

Appears in 1 contract

Samples: Loan Agreement (Southern States Bancshares, Inc.)

Loan Loss Reserves. With respect to the Bank, maintain at all times loan loss reserves in amounts deemed adequate by all federal and state regulatory authorities.

Appears in 1 contract

Samples: Loan Agreement (Vineyard National Bancorp)

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Loan Loss Reserves. With respect to the Bank, maintain at all times loan loss reserves in amounts deemed adequate by all federal and state regulatory authorities; if any federal or state regulatory authority advises Bank that its loan loss reserves are not adequate, Bank shall not be in violation of this covenant if it increases its loan loss reserves to the level deemed adequate by the such regulatory authority.

Appears in 1 contract

Samples: Loan Agreement (Beverly Hills Bancorp Inc)

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