Common use of Pro Forma Capital Requirements Clause in Contracts

Pro Forma Capital Requirements. The Purchaser is and, on a pro forma basis giving effect to the transactions and the financing/capital injection contemplated by the Purchaser, will be (a) at least "adequately capitalized", as defined for purposes of the Federal Deposit Insurance Act, and (b) in compliance with all capital requirements, standards and ratios required by each state or federal regulator with jurisdiction over the Purchaser, including, without limitation, any such higher requirement, standard or ratio as shall apply to institutions engaging in the acquisition of insured institution deposits, assets or branches, and no such regulator is likely to, or has indicated that it will, condition any of the Government Approvals upon an increase in the Purchaser's capital or compliance with any capital requirement, standard or ratio.

Pro Forma Capital Requirements. The Purchaser is and, on a pro forma basis giving effect to the transactions and the financing/capital injection contemplated by the Purchaser, will be (a) at least "“adequately capitalized"”, as defined for purposes of the Federal Deposit Insurance Act, and (b) in compliance with all capital requirements, standards and ratios required by each state or federal regulator with jurisdiction over the Purchaser, including, without limitation, any such higher requirement, standard or ratio as shall apply to institutions engaging in the acquisition of insured institution deposits, assets or branches, and no such regulator is likely to, or has indicated that it will, condition any of the Government Approvals upon an increase in the Purchaser's ’s capital or compliance with any capital requirement, standard or ratio.

Pro Forma Capital Requirements. The Subject to the financing referred to in Section 2.23 hereof, the Purchaser is and, on a pro forma basis giving effect to the transactions and the financing/capital injection contemplated by the Purchaser, will be (a) at least "“adequately capitalized"”, as defined for purposes of the Federal Deposit Insurance Act, and (b) in compliance with all capital requirements, standards and ratios required by each state or federal regulator with jurisdiction over the Purchaser, including, without limitation, any such higher requirement, standard or ratio as shall apply to institutions engaging in the acquisition of insured institution deposits, assets or branches, and to the Knowledge of the Purchaser, no such regulator is likely to, or has indicated that it will, condition any of the Government Governmental Approvals upon an increase in the Purchaser's ’s capital or compliance with any capital requirement, standard or ratio.