Common use of Adequate Capitalization Clause in Contracts

Adequate Capitalization. As of September 30, 2012, the Bank met or exceeded the standards necessary to be considered “well capitalized” under the FDIC’s regulatory framework for prompt corrective action.

Appears in 5 contracts

Samples: Securities Purchase Agreement (Eastern Virginia Bankshares Inc), Securities Purchase Agreement (Eastern Virginia Bankshares Inc), Securities Purchase Agreement (Eastern Virginia Bankshares Inc)

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Adequate Capitalization. As of September 30, 20122020, the Bank met or exceeded the standards necessary to be considered “well adequately capitalized” under the FDIC’s regulatory framework for prompt corrective action. As of the Closing and after giving effect to this Agreement, the transactions contemplated hereby and the Concurrent Other Transactions, the Bank meets or exceeds the standards necessary to be considered “adequately capitalized” under the FDIC’s regulatory framework for prompt corrective action.

Appears in 5 contracts

Samples: Stock Purchase Agreement (Broadway Financial Corp \De\), Stock Purchase Agreement (Broadway Financial Corp \De\), Stock Purchase Agreement (Broadway Financial Corp \De\)

Adequate Capitalization. As of September 30, 20122020, the Bank met or exceeded the standards necessary to be considered “well adequately capitalized” under the FDIC’s regulatory framework for prompt corrective action. As of the Closing and after giving effect to this Agreement, the transactions contemplated hereby and the Concurrent Transactions, the Bank meets or exceeds the standards necessary to be considered “adequately capitalized” under the FDIC’s regulatory framework for prompt corrective action.

Appears in 5 contracts

Samples: Stock Purchase Agreement (Broadway Financial Corp \De\), Stock Purchase Agreement (Broadway Financial Corp \De\), Stock Purchase Agreement (Broadway Financial Corp \De\)

Adequate Capitalization. As of September 30, 20122016, the Bank met or exceeded the standards necessary to be considered “well capitalized” under the FDIC’s regulatory framework for prompt corrective action.

Appears in 4 contracts

Samples: Sales Agreement (HomeStreet, Inc.), Underwriting Agreement (Southside Bancshares Inc), Lakeland Bancorp Inc

Adequate Capitalization. As of September 30December 31, 20122020, the Bank met or exceeded the standards necessary to be considered “well adequately capitalized” under the FDIC’s regulatory framework for prompt corrective action. As of the Closing and after giving effect to this Agreement, the transactions contemplated hereby and the Concurrent Other Transactions, the Bank meets or exceeds the standards necessary to be considered “adequately capitalized” under the FDIC’s regulatory framework for prompt corrective action.

Appears in 1 contract

Samples: Stock Purchase Agreement (Broadway Financial Corp \De\)

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Adequate Capitalization. As of September 30, 20122016, the Bank met or exceeded the standards necessary to be considered “well adequately capitalized” under the FDIC’s regulatory framework for prompt corrective action. As of the Closing and after giving effect to this Agreement, the transactions contemplated hereby and the Concurrent Transactions, the Bank meets or exceeds the standards necessary to be considered “adequately capitalized” under the FDIC’s regulatory framework for prompt corrective action.

Appears in 1 contract

Samples: Stock Purchase Agreement (Broadway Financial Corp \De\)

Adequate Capitalization. As of September 30December 31, 20122020, the Bank met or exceeded the standards necessary to be considered “well adequately capitalized” under the FDIC’s regulatory framework for prompt corrective action. As of the Closing and after giving effect to this Agreement, the transactions contemplated hereby and the Concurrent Transactions, the Bank meets or exceeds the standards necessary to be considered “adequately capitalized” under the FDIC’s regulatory framework for prompt corrective action.

Appears in 1 contract

Samples: Stock Purchase Agreement (Broadway Financial Corp \De\)

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