Capital Requirement Sample Clauses

Capital Requirement. Party A shall fail to maintain capital in the amount consistent with its financial program as represented to the Relevant Rating Agencies. For the purposes of the foregoing Additional Termination Event, Party A shall be the Affected Party.
AutoNDA by SimpleDocs
Capital Requirement. You confirm that your commitment hereunder will not result in any violation of Section 8(b) or 15(c) of the Securities Exchange Act of 1934 or the rules and regulations thereunder, including Rule 15c3-1, or any provision of any applicable rules of any securities exchange to which you are subject or of any restriction imposed upon you by such exchange.
Capital Requirement. (a) General Motors shall take such actions as may be required so that at the Closing (or the Second Closing if the Fincos Shares are transferred at the Second Closing) (i) the Leverage Ratio of the Fincos is not less than 12% on a consolidated basis (the “Target Ratio”) and (ii) each Xxxxx has the minimum level of equity required by applicable Law.
Capital Requirement. If either (a) the introduction of, or any change in, or in the interpretation of, any Applicable Law or (b) compliance with any guideline or request from any central bank or comparable agency or other Governmental Authority (whether or not having the force of law), has or would have the effect of reducing the rate of return on the capital of, or has affected or would affect the amount of capital required to be maintained by, any Lender or any corporation controlling any Lender as a consequence of, or with reference to the Revolving Commitment of any Lender and other commitments of this type, below the rate which such Lender or such other corporation could have achieved but for such introduction, change or compliance, then within five (5) Business Days after written demand by such Lender, the Borrower shall pay to such Lender from time to time as specified by such Lender additional amounts sufficient to compensate such Lender or other corporation for such reduction. A certificate as to such amounts submitted to the Borrower by such Lender shall be conclusively presumed to be correct, absent manifest error.
Capital Requirement. Each conditionally approved company shall raise not less than $3,000,000 of private capital or binding capital commitments from 1 or more investors (which shall not be depart- ments or agencies of the Federal Government) who meet criteria established by the Adminis- trator.
Capital Requirement. At all times the Bank shall maintain a “Well-Capitalized” status per the minimum regulatory requirements to be considered well-capitalized.
Capital Requirement. If any Lender determines that any Change in Law affecting such Lender or any lending office of such Lender or such Lender’s holding company, if any, regarding capital requirements has or would have the effect of reducing the rate of return on such Lender’s capital or on the capital of such Lender’s holding company, if any, as a consequence of this Agreement, the Commitments of such Lender or the Loans made by such Lender, to a level below that which such Lender or its holding company could have achieved but for such Change in Law (taking into consideration such Xxxxxx’s policies and the policies of its holding company with respect to capital adequacy) then, from time to time, the Borrowers will pay to such Lender such additional amount or amounts as will compensate such Lender or its holding company, as the case may be, for any such reduction suffered.
AutoNDA by SimpleDocs
Capital Requirement. The Counterparty shall fail to maintain capital in the amount required by its financial program as represented to the Relevant Rating Agencies.
Capital Requirement. Purchaser and Parent shall have satisfied the Capital Requirement and all documents related thereto shall be in form and substance reasonably satisfactory to Sellers.
Capital Requirement. General Partner. The General Partner will be required to make a capital contribution to the Partnership of not less than $10.00 (called "General Partner's Capital Contribution"). The General Partner's Capital Contribution and capital account will be maintained separately from another capital account which he, she or it may have as a Limited Partner. At all times during the term of this Partnership, the General Partner shall make capital contributions to the Partnership in an amount sufficient to ensure that the General Partner's contribution to Capital will equal one percent (1%) or more of the total capital contributions of all Partners. b.
Time is Money Join Law Insider Premium to draft better contracts faster.