Common use of Non-Performing Assets Clause in Contracts

Non-Performing Assets. As of the end of the month immediately prior to the Closing, total non-performing assets of the Bank shall not have increased more than 20% over total non-performing assets of the Bank as of December 31, 2022.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Republic First Bancorp Inc), Securities Purchase Agreement (Republic First Bancorp Inc)

AutoNDA by SimpleDocs

Non-Performing Assets. As of the end of the month immediately prior to the Closing, total non-performing nonperforming assets of the Bank shall not have increased more than twenty percent (20% %) over total non-performing nonperforming assets of the Bank as of December 31, 2022.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Republic First Bancorp Inc), Securities Purchase Agreement (Republic First Bancorp Inc)

Non-Performing Assets. As of the end of the month immediately prior to the Closing, total non-performing nonperforming assets of the Bank shall not have increased more than 2033% over total non-performing nonperforming assets of the Bank as of December January 31, 20222016.

Appears in 1 contract

Samples: Stock Purchase Agreement (HCSB Financial Corp)

Non-Performing Assets. As of the end of the month immediately prior to the Closing, total non-performing nonperforming assets of the Bank shall not have increased more than 2033% over total non-performing nonperforming assets of the Bank as of December 31June 30, 20222016.

Appears in 1 contract

Samples: Stock Purchase Agreement (Southern California Bancorp \ CA)

Non-Performing Assets. As of the end of the month immediately prior to the Closing, total non-performing nonperforming assets of the Bank shall not have increased more than 2033% over total non-performing nonperforming assets of the Bank as of December 31June 30, 20222016.

Appears in 1 contract

Samples: Stock Purchase Agreement (Trinity Capital Corp)

AutoNDA by SimpleDocs

Non-Performing Assets. As of the end of the month immediately prior to the Closing, total non-performing nonperforming assets of the Bank shall not have increased more than 2033% over total non-performing nonperforming assets of the Bank as of December 31September 30, 20222016.

Appears in 1 contract

Samples: Stock Purchase Agreement (Riverview Financial Corp)

Non-Performing Assets. As of the end of the month immediately prior to the Closing, total non-performing nonperforming assets of the Bank shall not have increased more than 20% ten percent (10%) over total non-performing nonperforming assets of the Bank as of December 31June 30, 20222018 as disclosed in the Company Financial Statements.

Appears in 1 contract

Samples: Securities Purchase Agreement (Castle Creek Capital Partners VI, LP)

Non-Performing Assets. As of the end of the month immediately prior to the Closing, total non-performing nonperforming assets of the Bank shall not have increased more than 20% ten percent (10%) over total non-performing nonperforming assets of the Bank as of December 31, 2022[·] as disclosed in the Company Financial Statements.

Appears in 1 contract

Samples: Securities Purchase Agreement (Bancorp 34, Inc.)

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