Capital Ratio/Equity Capital Adequacy. (a) Borrower and Bank shall maintain at all times a “Well Capitalized” rating as required by any applicable regulatory authority as such requirement may be revised from time to time.
Capital Ratio/Equity Capital Adequacy. With respect to the financial statements of the Borrower and Bank, shall maintain at all times until payment in full of the Loan, capital levels of Borrower in full compliance with all state and federal regulatory authorities and, without limiting the generality of the foregoing, a ratio of Tier 1 Capital to Average Adjusted Assets as required by all state and federal regulatory authorities; provided, however, with respect to the financial statement of the Borrower in no event shall the minimum ratio of Tier 1 Capital to Average Adjusted Assets be less than Seven Percent (7.0%) as long as NPL are greater than 2.0%. When NPL drop below 2.0% the minimum Tier 1 Capital ratio will be Six and one half percent (6.5%) see 5.15 (b) for definition of NPL. For purposes hereof, "Tier 1 Capital" is defined in Appendix A to Title 12, Code of Federal Regulations, Part 225n, and Capital Adequacy Guidelines for Bank Holding Companies.
Capital Ratio/Equity Capital Adequacy. 65. Bank shall maintain at all times a “Well Capitalized” rating as required by any applicable regulatory authority as such requirement may be revised from time to time. If, during the life of the Loan, the total assets of the Bank exceed Three Billion Dollars ($3,000,000,000.00), then the Borrower shall be added to the foregoing covenant.
Capital Ratio/Equity Capital Adequacy. Borrower and Bank shall maintain at all times a “Well Capitalized” rating as required by any applicable regulatory authority as such requirement may be revised from time to time; provided, however, Borrower shall maintain a consolidated leverage ratio (Tier 1 Capital to tangible assets) of not less than Seven Percent (7.00%) and Bank not less than $191,961,000 in Capital. For purposes hereof, “Tier 1 Capital” is defined in Appendix A to Title 12, Code of Federal Regulations, Part 225n, Capital Adequacy Guidelines for Bank Holding Companies.
Capital Ratio/Equity Capital Adequacy. With respect to the financial statements of the Borrower and Bank, maintain at all times until payment in full of the Loan capital levels of both Borrower and Bank in full compliance with all state and federal regulatory authorities and, without limiting the generality of the foregoing, a ratio of Tier 1 Capital to Total Assets as required by all state and federal regulatory authorities; provided, however, with respect to the financial statement of the Bank in no event shall the minimum ratio of Tier 1 Capital to Total Assets be less than 5%. For purposes hereof, "Tier 1 Capital" is defined in Appendix A to Title 12, Code of Federal Regulations, Part 225n, Capital Adequacy Guidelines for Bank Holding Companies.
Capital Ratio/Equity Capital Adequacy. With respect to the financial statements of the Borrower and Bank, maintain at all times until payment in full of the Loan, capital levels of both Borrower and the Bank in full compliance with all state and federal regulatory authorities, and in no event maintain a total capital ratio of less than seven percent (7%). For purposes hereof, all ratios should be calculated according to federal regulatory guidelines for capital adequacy guidelines for bank-holding companies and banks.
Capital Ratio/Equity Capital Adequacy. With respect to the financial statements of the Borrower and Bank, maintain at all times until payment in full of the Loan capital levels of both Borrower and Bank in full compliance with all state and federal regulatory authorities and, without limiting the generality of the foregoing, a ratio of Tier 1 Capital to Total Assets as required by all state and federal regulatory authorities; PROVIDED, HOWEVER, with respect to the financial statement of the Bank in no event shall the minimum ratio of Tier 1 Capital to Total Assets be less THAN 6.50%. For purposes hereof, "Tier 1 Capital" is defined in Appendix A to Title 12, Code of Federal Regulations, Part 225n, Capital Adequacy Guidelines for Bank Holding Companies.
