Adequately Capitalized definition
Examples of Adequately Capitalized in a sentence
Maintain, and cause each bank Subsidiary to maintain, at all times, the minimum levels of regulatory capital necessary to maintain the regulatory capital classification of "Adequately Capitalized," as such term is defined by the applicable primary banking regulator.
Immediately following the consummation of the transactions contemplated by this Agreement and the Trust Preferred Securities Underwriting Agreement, the Company's applicable regulatory ratios will be at or above the "Adequately Capitalized" level as determined under the capital adequacy guidelines of the Federal Reserve.
The Borrower shall not permit any of its banking Subsidiaries to be less than "Adequately Capitalized", as such term is defined in Appendix A to Regulation H of the Board of Governors of the Federal Reserve System, 12 C.F.R. 208, as amended.
Should the Bank cease to be Adequately Capitalized after the twentieth (20`h) anniversary of the date of this Agreement, then any remaining payments to be made to Executive shall be made in accordance with the original schedule for such payments set forth herein.
Failure to maintain adequate capital ratios to qualify as Adequately Capitalized or Well Capitalized will be grounds for immediate termination of this contract.