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

Allowance for Loan and Lease Losses. 7. Within sixty (60) days, the Association shall revise its policies, procedures, and methodology relating to the timely establishment and maintenance of an adequate ALLL level (ALLL Policy) to ensure that it is acceptable to the Regional Director and addresses all corrective actions set forth in the 2010 XXX relating to ALLL. The ALLL Policy shall comply with applicable laws, regulations, and regulatory guidance and shall:

Allowance for Loan and Lease Losses. 74. (a) Within sixty forty-five (6045) days, the Association shall revise its policies, procedures, and methodology relating to ensure the timely establishment and maintenance of an adequate ALLL level in accordance with applicable laws, regulations and regulatory guidance (ALLL Policy) to ensure that it is acceptable to the Regional Director and addresses all corrective actions set forth in the 2010 XXX relating to ALLL. The ALLL Policy shall comply with applicable laws, regulations, and regulatory guidance and shall:Director.

Allowance for Loan and Lease Losses. 76. Within sixty forty-five (6045) days, the Association shall revise its policies, procedures, and methodology relating to the timely establishment and maintenance of an adequate ALLL level (ALLL Policy) to ensure that it is acceptable to the Regional Director and addresses all corrective actions set forth in the 2010 XXX relating to the ALLL. The ALLL Policy shall comply with applicable laws, regulations, and regulatory guidance and shallshall require the Association to:

Allowance for Loan and Lease Losses. 716. Within sixty (60) daysBy September 30, 2010, the Association shall revise its policies, procedures, and methodology relating to the timely establishment and maintenance of an adequate ALLL level (ALLL Policy) to ensure that it is acceptable to the Regional Director and addresses all corrective actions set forth in the 2010 XXX relating to ALLL. The ALLL Policy shall comply with applicable laws, regulations, and regulatory guidance and shall:

Allowance for Loan and Lease Losses. 75. Within sixty (60) days, the Association shall revise its policies, procedures, and methodology relating to the timely establishment and maintenance of an adequate ALLL level (ALLL Policy) to ensure that it is acceptable to the Regional Director and addresses all corrective actions set forth in the 2010 XXX relating to the ALLL. The ALLL Policy shall comply with applicable laws, regulations, and regulatory guidance and shall:guidance.

Allowance for Loan and Lease Losses. 715. Within sixty (60) daysBy January 31, 2011, the Association shall revise and implement its policies, procedures, and methodology relating to the timely establishment and maintenance of an adequate ALLL level (ALLL Policy) to ensure that it is acceptable to the Regional Director and addresses all corrective actions set forth in the 2010 XXX relating to ALLL. The ALLL Policy shall comply with applicable laws, regulations, and regulatory guidance and shall:

Allowance for Loan and Lease Losses. 710. Within sixty thirty (6030) days, the Association shall revise its policies, procedures, and methodology relating to ensure the timely establishment and maintenance of an adequate ALLL level (ALLL Policy) to ensure that it is acceptable to the Regional Director and addresses all corrective actions set forth in the 2010 XXX relating to ALLL. The ALLL Policy shall comply accordance with applicable laws, regulations, and regulatory guidance and (ALLL Policy). At a minimum the ALLL Policy shall:

Allowance for Loan and Lease Losses. 715. Within sixty (60) daysBy January 31, 2011, the Association shall revise its policies, procedures, policies and methodology procedures relating to the timely establishment and maintenance calculation of an adequate the ALLL level (ALLL Policy) to ensure that it is acceptable to addresses the Regional Director and addresses all corrective actions action set forth in the 2010 XXX relating to the ALLL. The ALLL Policy shall comply with applicable laws, regulations, and regulatory guidance and shall:guidance.

Allowance for Loan and Lease Losses. 714. Within sixty forty-five (6045) days, the Association shall revise its policies, procedures, and methodology relating to the timely establishment and maintenance of an adequate ALLL allowance for loan and lease losses (ALLL) level (ALLL Policy) to ensure that it is acceptable to the Regional Director and ALLL Policy addresses all corrective actions set forth in the 2010 2009 XXX relating to ALLL. The ALLL Policy shall comply with applicable laws, regulations, and regulatory guidance and shall:guidance.

Allowance for Loan and Lease Losses. 710. Within sixty (60) days, the Association shall revise its policies, procedures, and methodology relating to the timely establishment and maintenance of an adequate ALLL level (ALLL Policy) to ensure that it is acceptable to the Regional Director and addresses address all corrective actions set forth in the 2010 XXX relating to ALLL. The ALLL Policy shall comply with applicable laws, regulations, and regulatory guidance and shall:

Allowance for Loan and Lease Losses. 715. Within sixty thirty (6030) days, the Association shall revise its policies, procedures, and methodology relating to the timely establishment and maintenance of an adequate ALLL level (ALLL Policy) to ensure that it is acceptable to the Regional Director and addresses all corrective actions set forth in the 2010 XXX RXX relating to ALLL. The ALLL Policy shall comply with applicable laws, regulations, and regulatory guidance and shall:

Allowance for Loan and Lease Losses. 720. Within sixty (60) days, the Association shall revise its policies, procedures, and methodology relating to the timely establishment and maintenance of an adequate ALLL allowance for loan and lease losses level (ALLL Policy) to ensure that it is acceptable to the Regional Director and addresses all any corrective actions set forth in the 2010 XXX Examination relating to ALLL. The ALLL Policy shall comply with applicable laws, regulations, and regulatory guidance and shall: