Branch Loans definition

Branch Loans means Loans originated through Regional’s branches and Loans originated through a centralized branch, which in each case, will include Electronic Loans.
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Branch Loans shall have the meaning set forth in Section 2.4(a).
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Branch Loans has the meaning assigned to such term in Section 2.02(d) hereof.
Sample 1

Examples of Branch Loans in a sentence

  • Seller agrees to prepare at its expense and deliver to Purchaser magnetic media records in a format consistent with BISYS file not later than 20 days prior to the Closing Date, and further shall deliver to Purchaser such records updated on the Closing Date, which records shall contain the information related to the Branch Loans and Deposits assumed above.

  • Buyer agrees to purchase Loans (Branch Loans and Secondary Loans) in an aggregate amount equal to at least 90% of the Deposits assumed by Buyer.

  • Seller will provide information to Purchaser with respect to all other New Branch Loans in the ordinary course of due diligence with respect to the Acquisition.

  • Buyer agrees to service all of the Branch Loans acquired by Buyer in accordance with prudent banking practices and standards.

  • With respect to loans attributable to the Branches that are proposed to be made by Seller after the date hereof and prior to the Closing (“New Branch Loans”), Seller will only make New Branch Loans that are consistent with Seller’s historical underwriting practices.

  • Commencing upon the execution of this Agreement and continuing until the Closing Date, Purchaser will be provided an opportunity to review and examine all of the Branch Loans and all Loan Files relating thereto, which review and examination by Purchaser shall be coordinated between Seller and Purchaser so as not to interfere unnecessarily with the normal operations of the Branches or Seller.

  • Seller agrees to prepare at its expense and deliver to Purchaser magnetic media records in a format consistent with BISYS file not later than 10 days prior to the Closing Date, and further shall deliver to Purchaser such records updated on the Closing Date, which records shall contain the information related to the Branch Loans and Deposits assumed above.

  • Within fourteen (14) days following the execution of this Agreement, the Buyer shall by written notice to the Seller identify each of the Branch Loans, if any, that Buyer, for whatever reason, declines to purchase from Seller pursuant to this Agreement.

  • The Deposit Account Loans, Other Loans, and Overdraft Loans sold and assigned to Buyer hereunder will be listed in Schedule F which will be updated as of the Closing Date (hereinafter referred to individually and collectively as the "Branch Loans").

  • Further, Buyer, at its sole cost and expense, shall prepare and shall file, or shall cause to be prepared and filed, with any appropriate third parties, any and all documents and notices which are necessary and proper to transfer to Buyer any security interests and other rights of Seller in and to collateral securing the Branch Loans being transferred hereunder.


More Definitions of Branch Loans

Branch Loans means, as of any date, the Loans reflected on the books and records of the Seller originated at or allocated to any of the Branches, excluding any of the Loans that Buyer elects not to purchase pursuant to Section 2.2 hereof. "Business Day" means any day other than a Saturday, a Sunday or a day observed as a bank holiday by the Federal Reserve Bank of Dallas.
Sample 1
Branch Loans means, collectively, (i) the loans booked to the Cambridge Office and listed on Schedule 1.02(c) (exclusive of any reserves for loan losses) and all obligations of Seller to make additional extensions of credit in connection with such loans, as such loans may be increased, decreased, amended, renewed or extended in the ordinary course of business until the close of business on the Effective Date, and (ii) loans made in the ordinary course of business at the Cambridge Office until the close of business on the Effective Date (exclusive of any reserves for loan losses) and all obligations of Seller to make additional extensions of credit in connection with such loans, as such loans may be increased, decreased, amended, renewed or extended in the ordinary course of business before the close of business on the Effective Date. Schedule 1.02(c) shall initially be prepared as of a date within thirty (30) calendar days prior to the date of this Agreement and shall be delivered on or before the date of this Agreement. Such schedule shall be updated to reflect the outstanding balances of the Transferred Loans, loans added to the Transferred Loans pursuant to Section 1.02(c), Transferred Loans that are paid off and such other information as Purchaser may reasonably request as of the close of business on the date of this Agreement, on a monthly basis thereafter until Closing, and as of the close of business on the Estimation Date and the close of business on the Effective Date. Seller will deliver such updated schedules to Purchaser at those dates and times identified in Section 1.08(d) and 1.10(a)(ii), as applicable and as promptly as practicable with respect to the Schedules to be delivered as of other dates.
Sample 1
Branch Loans means, as of any date, the Loans reflected on the books ------------ and records of the Seller originated at or allocated to the Branch.
Sample 1

Related to Branch Loans

  • or "Loans means and includes without limitation any and all commercial loans and financial accommodations from Lender to Borrower, whether now or hereafter existing, and however evidenced, including without limitation those loans and financial accommodations described herein or described on any exhibit or schedule attached to this Agreement from time to time.

  • Committed Loans means loans made pursuant to Section 2.1(a).

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • U.S. Loans means, individually and collectively as the context may require, the U.S. Revolving Loans, the Swingline Loans and the U.S. Protective Advances.

  • Canadian Loans means, individually and collectively as the context may require, the Canadian Revolving Loans, the Canadian Swingline Loans, the Canadian Overadvances and the Canadian Protective Advances.

  • Total Loans at any time, the aggregate principal amount of the Loans of the Lenders outstanding at such time (after converting the outstanding principal amount of any Loans denominated in the Optional Currency into the Dollar Equivalent thereof at such time).

  • Permitted Loans means:

  • New Loans means Loans made by the Failed Bank after the Bid Valuation Date that are not continuations, amendments, modifications, renewals, extensions, refinancings, restructurings, or refundings of or for any then existing Loan.

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

  • Fixed Rate Loans means Euro-Dollar Loans or Money Market Loans (excluding Money Market LIBOR Loans bearing interest at the Base Rate pursuant to Section 8.01(a)) or any combination of the foregoing.

  • Lender PMI Loans Mortgage Loans with respect to which the lender rather than the borrower acquired the primary mortgage guaranty insurance and charged the related borrower an interest premium.

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Syndicated Loans means Base Rate Loans or Euro-Dollar Loans made pursuant to the terms and conditions set forth in Section 2.01.

  • Existing Loans shall have the meaning assigned to such term in Section 2.21(a).

  • Original Loans means the loans and other extensions of credit outstanding under the Original Credit Agreement as of the Effective Date.

  • Prime Rate Loans means any Loans or portion thereof on which interest is payable based on the Prime Rate in accordance with the terms thereof.

  • Related Loans has the meaning set forth in Section 3.1. “Restructuring Loss” means the loss on a modified or restructured loan measured by the difference between (a) the principal, Accrued Interest, tax and insurance advances, third party or other fees due on a loan prior to the modification or restructuring, and

  • Domestic Loans means CD Loans or Base Rate Loans or both.

  • Cash Advances These are from cash advances and cash equivalent transactions you make with your account. “Special Offers” These are from your use of the account to take advantage of special, introductory, or promotional offers we make available to you at times. Each such transaction may be kept track of separately on your statement and may be treated as its own Balance Category.

  • ABR Loans Loans the rate of interest applicable to which is based upon the ABR.

  • Bank Loans means debt obligations (including, without limitation, term loans, revolving loans, debtor-in-possession financings, the funded and unfunded portion of revolving credit lines and letter of credit facilities and other similar loans and investments including interim loans and senior subordinated loans) which are generally under a syndicated loan or credit facility.

  • Base Rate Loans Loans the rate of interest applicable to which is based upon the Base Rate.

  • Swingline Loans as defined in Section 2.6.

  • Initial Loans means the Eligible Loans evidenced by the Notes sold on the Closing Date pursuant to the Initial Purchase Agreement and related documentation, together with any guaranties and other rights relating thereto including, without limitation, Interest Subsidy Payments and Special Allowance Payments.

  • Canadian Prime Rate Loans means any Canadian Dollar Revolving Loan during the period which it bears interest at a rate determined by reference to the Canadian Prime Rate.

  • Failed Bank Advances means the total sums paid by the Failed Bank to (i) protect its lien position, (ii) pay ad valorem taxes and hazard insurance, and (iii) pay credit life insurance, accident and health insurance, and vendor's single interest insurance.