Quarterly Certificate definition

Quarterly Certificate has the meaning provided in Section 2.1(a)(i) of this Commercial Shared-Loss Agreement.

Quarterly Certificate means a certificate or certificates, signed by an officer of the Assuming Institution involved in, or responsible for, the administration and servicing of the Shared-Loss Assets, whose name appears on a list provided to the Receiver (as updated by the Assuming Institution as needed from time to time) of servicing officers and the related supporting documentation setting forth in such form and detail as the Receiver may specify from time to time the items listed at Section 5.2(a), in the form set forth in Exhibit 5.2 and delivered as set forth in Article 5 of this Agreement.

Quarterly Certificate means the certificate prepared on each Determination Date by the Manager pursuant to clause 27.2(a) substantially in the form set out in Schedule 8 (or in such other form as is from time to time agreed between the Manager and the Trustee).

Examples of Quarterly Certificate in a sentence

• Notwithstanding any other provision in this Article II, the Receiver, upon the direction of the Director (or designee) of the Corporation’s Division of Resolutions and Receiverships, may withhold payment for any amounts included in a Quarterly Certificate delivered pursuant to Section 2.1, if, in its judgment, there is a reasonable basis under the terms of this Commercial Shared-Loss Agreement for denying the eligibility of an item for which reimbursement or payment is sought under such Section.

• COMPANY shall compensate CONTRACTOR in accordance with the provisions stated in the PURCHASE ORDER.

• If the Shared-Loss Amount during any Shared-Loss Quarter is negative, the Assuming Bank shall pay to the Receiver an amount equal to eighty percent (80%) of the Shared-Loss Amount for such Shared-Loss Quarter, which payment shall be delivered to the Receiver together with the Quarterly Certificate for such Shared-Loss Quarter.

• Reimbursable Expenses for Recovery Quarters shall be submitted to the Receiver in the Quarterly Certificate for each Recovery Quarter, and in any event on or before the Termination Date.

• The Assuming Institution may claim each Charge-Off and each item of expenditure, income, gain or loss only on the Quarterly Certificate for the period in which such Charge-Off, expenditure, income, gain or loss was incurred.

More Definitions of Quarterly Certificate

Quarterly Certificate means that Quarterly Compliance Certificate in the form of Exhibit F.

Quarterly Certificate means the certificate in the form attached hereto as Exhibit H.

Quarterly Certificate has the meaning assigned to such term in Section 5.01(d).

Quarterly Certificate means the officer's certificate described in Section 8.01(8), substantially in the form of certificate annexed as Schedule "D".

Quarterly Certificate means a certificate or certificates, signed by an officer of the Assuming Institution involved in, or responsible for, the administration and servicing of the Shared-Loss Assets, whose name appears on a list provided to the Receiver (as updated by the Assuming Institution as needed from time to time) of servicing officers and the related supporting documentation setting forth in such form and detail as the Receiver may specify from time to time the items listed at Section 5.2(a), in the form set forth in Exhibit 5.2 and delivered as set forth in Article 5 of this Agreement. Module 1 -- Whole Bank w/Optional Shared Loss Agreements Version 3.2 -- COMMERCIAL SHARED-LOSS AGREEMENT July 15, 2011 C-34 Sun Security Bank Ellington, Missouri

Quarterly Certificate the contents of a Quarterly Certificate;

Quarterly Certificate. Section 7.1(c).