Common use of Adequately capitalized Clause in Contracts

Adequately capitalized. Except where the Director has exercised au- thority to reclassify a Bank, a Bank shall be considered adequately capital- ized if, at the time of the determina- tion under § 1229.2(a) of this subpart,

Adequately capitalized. Except where the Director has exercised au- thority to reclassify a Bank, a Bank shall be considered adequately capital- ized if, at the time of the determina- tion under § 1229.2(a) of this subpart,, § 1229.4 the Bank has sufficient permanent and total capital, as applicable, to meet or exceed its risk-based and minimum capital requirements.

Adequately capitalized. Except where the Director has exercised au- thority to reclassify a Bank, a Bank shall be considered adequately capital- ized if, at the time of the determina- tion under § 1229.2(a) of this subpart,, the Bank has sufficient permanent and total capital, as applicable, to meet or exceed its risk-based and minimum capital requirements.