Common use of Allowance for Loan and Lease Losses Clause in Contracts

Allowance for Loan and Lease Losses. The allowance for loan and lease losses shown in the Borrower Financial Statements is adequate to provide for losses, net of recoveries relating to loans previously charged off, on loans and leases outstanding as of the date of such statements or reports.

Appears in 4 contracts

Samples: Loan Agreement (Pinnacle Financial Partners Inc), Loan Agreement (Pinnacle Financial Partners Inc), Loan Agreement (National Penn Bancshares Inc)

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Allowance for Loan and Lease Losses. The allowance for loan and lease losses shown in the Borrower Financial Statements is adequate adequate, in the reasonable judgment of Borrower, to provide for losses, net of recoveries relating to loans previously charged off, on loans and leases outstanding as of the date of such statements or reports.

Appears in 3 contracts

Samples: Loan Agreement (German American Bancorp, Inc.), Loan Agreement (Mainsource Financial Group), Loan Agreement (Peoples Bancorp Inc)

Allowance for Loan and Lease Losses. The allowance for loan and lease losses shown in the Borrower Financial Statements is adequate adequate, in the reasonable judgment of Borrower, to provide for losses, net of recoveries relating to loans previously charged off, on loans and leases outstanding as of the date of such statements or reports.. 4.4.5

Appears in 1 contract

Samples: Loan Agreement

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Allowance for Loan and Lease Losses. The As of the Closing Date, the allowance for loan and lease losses shown in the Borrower Financial Statements is adequate to provide for losses, net of recoveries relating to loans previously charged off, on loans and leases outstanding as of the date of such statements or reports.

Appears in 1 contract

Samples: Loan Agreement (Talmer Bancorp, Inc.)

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