Wholesale
(2) Wholesale. (i) A national bank's or Federal savings association's wholesale obligor is in default if: (A) The national bank or Federal savings association determines that the obligor is unlikely to pay its credit obligations to the national bank or Federal savings association in full, without recourse by the national bank or Federal savings association to actions such as realizing collateral (if held); or (B) The obligor is past due more than 90 days on any material credit obligation(s) to the national bank or Federal savings association. 29