Total Risk-Based Capital Ratio. As of the last day of any fiscal quarter, the Bank shall have a Total Risk-Based Capital Ratio of 12% or greater.
Total Risk-Based Capital Ratio. The Borrower shall maintain at all times a Total Risk Based Capital Ratio of not less than ten percent (10%), to be calculated at the end of each fiscal quarter.
Total Risk-Based Capital Ratio. The Borrower will not permit the Total Risk-Based Capital Ratio of the Subsidiary Bank(s) on a combined basis, in each case (expressed as a percentage) to be less than 11.5% as of the last day of any fiscal quarter.
Total Risk-Based Capital Ratio. Republic Bank shall maintain a minimum Total Risk Based Capital Ratio at the end of each quarter of not less than 10.0%.
Total Risk-Based Capital Ratio. The Borrower shall ------------------------------ maintain on a consolidated basis, and shall cause each Bank Subsidiary to maintain, its Total Risk Based Capital Ratio at not less than ten percent (10%), determined as of each quarter end.
Total Risk-Based Capital Ratio. The Borrower will maintain the Total Risk-Based Capital Ratio of the Borrower and its Subsidiaries (determined on a consolidated basis) at not less than 11% as of each Covenant Compliance Date, and will cause each Bank Subsidiary to maintain its Total Risk-Based Capital Ratio at not less than 10% as of each Covenant Compliance Date.
(c) Section 5.12 of the Credit Agreement is hereby amended in its entirety to read as follows:
Total Risk-Based Capital Ratio. Section 6.16 of the Credit Agreement is amended in its entirety to read as follows:
Total Risk-Based Capital Ratio. Maintain a minimum Total Risk Based Capital Ratio at the end of each quarter of not less than 10.0 percent.
Total Risk-Based Capital Ratio. The Borrower will maintain at all times a Total Risk-Based Capital Ratio of not less than 10%, at least 60% of which will consist of Tier 1 Capital. The Borrower will cause each Subsidiary Bank to maintain at all times a Total Risk-Based Capital Ratio of not less than 10%, at least 60% of which will consist of Tier 1 Capital.
Total Risk-Based Capital Ratio. The Subsidiary Bank shall maintain, and Borrower shall cause Subsidiary Bank to maintain, a “Total Risk‑Based Capital Ratio” (Total Capital divided by Total Risk‑Based Assets) equal to or in excess of twelve and one-half percent (12.50%), measured as of the last day of each fiscal quarter of the Subsidiary Bank commencing with the fiscal quarter ending December 31, 2012. All ratios and capital amounts required in this Section shall be calculated in accordance with the rules, regulations and applicable guidance of the applicable primary federal regulator as in effect from time to time and shall be derived from and be consistent with the applicable quarterly financial statements filed with the appropriate Governmental Agency, as contemplated in Section 6 hereof.
