NPA Ratio definition

NPA Ratio means nonperforming loans (loans over 90 days delinquent --------- and real estate owned) as a percentage of the Employer's total assets as of the last day of the Plan Year, as determined by the Committee in accordance with generally accepted accounting principles.
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NPA Ratio means, with respect to any Collection Period, the fraction, expressed as a percentage, equal to (a) the sum of the Implicit Principal Balances (in each case, as of the date on which the Contract became a Non Performing Asset) of all Contracts that became Non Performing Assets during the related Collection Period, to (b) the Aggregate Implicit Principal Balance of all Eligible Contracts as of the close of business on the last day of such Collection Period.
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NPA Ratio. “Required Credit Support Amount” “Required Reserve Account Amount” “Required Reserve Account Floor Amount” “Reserve Account”
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Examples of NPA Ratio in a sentence

  • In the event that the Compensation Committee determines that an event has occurred during any of the fiscal years within the Performance Period which is outside the ordinary course and has impacted Pinnacle Bank’s NPA Ratio for such fiscal year, the Compensation Committee may increase or decrease the NPA Ratio to reflect such event for purposes of determining whether shares of the Company’s Common Stock shall be issuable in settlement of the Performance Units earned for the Performance Period.

  • In the event that the Grantee dies following the termination of his employment for Retirement but before shares of the Company's Common Stock are issued to the Grantee in accordance with this Section (4(c) and Section 1(b) of this Agreement, all such shares shall, on a date selected by the Company that is not later than the ninetieth (90th) day after the Grantee's death, be issued to the Grantee without regard to whether Pinnacle Bank's NPA Ratio as of December 31, 2019 will be equal to or less than [__]%.

  • The Grantee, however, shall remain entitled to receive shares of the Company’s Common Stock issuable in settlement of Performance Units for which the Performance Measures set forth on Exhibit A and the Required Employment Period had been achieved as of the date the Grantee’s employment terminates, but only if Pinnacle Bank’s NPA Ratio as of December 31, 20__ is equal to or less than ____%.

  • The Performance Units earned pursuant to Section 1(a) shall not be settled in shares of the Company's Common Stock pursuant to Section 1(a) unless the ratio of Pinnacle Bank's nonperforming assets to its loans plus other real estate owned as described on Exhibit A (the "NPA Ratio") is equal to or less than [ ] as of December 31, 2019.

  • The Performance Measurements shall consist of the Company’s Return on Average Tangible Assets for each Performance Period and the Company’s NPA Ratio as of the last day of each Performance Period.

  • The Grantee shall be entitled to receive, immediately prior to the consummation of the Change in Control, in settlement of such Performance Units a like number of shares of the Company's Common Stock, without regard to whether the Grantee's employment continued for any Required Employment Period or Pinnacle Bank's NPA Ratio as of December 31, 2019 will be equal to or less than [__]%.

  • The Grantee, however, shall remain entitled to receive shares of the Company’s Common Stock issuable in settlement of Performance Units for which the Performance Measures set forth on Exhibit A and the Required Employment Period had been achieved as of the date the Grantee’s employment terminates, but only if Pinnacle Bank’s NPA Ratio as of December 31, 2024 is equal to or less than [ ].

  • Subject to the Compensation Committee's certification of the Company's NPA Ratio as of December 31, 2017 and December 31, 2018, certificates representing shares of the Restricted Stock for which the forfeiture restrictions shall have lapsed under Section 1(c) of this Agreement will be distributed to the Grantee as soon as practicable after each Vesting Date on a date selected by the Company but in no event later than March 15th of the year following the year in which the Vesting Date occurs.

  • The Company’s results on one (1) of the five (5) measures will be evaluated relative to the peer group and the other measures (Net Income, Loan Growth, NPA Ratio and Deposit Growth) will be evaluated relative to the Board-approved annual budget compared to the performance goals or based upon actual results compared to the performance goals, all pursuant to the Performance Payout Table below.

  • In the event that the NPA Ratio as of December 31, 2017 or the NPA Ratio as of December 31, 2018 exceed [ ] the Grantee shall forfeit 50% or 100%, as applicable, of the shares of the Restricted Stock issued pursuant to this Section 6(c).


More Definitions of NPA Ratio

NPA Ratio means, with respect to a Collection Period, the fraction, expressed as a percentage, equal to (a) the sum of (i) the aggregate Gross Balance, plus (ii) booked residuals, less (iii) unearned income applicable thereto of Contracts that became 90 days or more past due as of the due date of each Contract's Scheduled Payment during the related Collection Period but have not been determined to be Defaulted Contracts, divided by (b) the aggregate Gross Balance of all Contract as of the last day of such Collection Period (the Gross Balance for each Contract shall be as of the due date of the related Contract's Scheduled Payment in such Collection Period).
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NPA Ratio means, with respect to a Collection Period, the fraction, expressed as a percentage, equal to (a) the sum of (i) the aggregate Gross Balance, plus (ii) booked residuals, less (iii) unearned income applicable thereto of Receivables that are 90 days or more past due as of the date of each Receivable's Scheduled Payment during the related Collection Period but have not been determined to be Defaulted Receivables, divided by (b) the aggregate Gross Balance of all Receivables as of the last day of such Collection Period (the Gross Balance for each Receivable shall be as of the date of the related Receivable's Scheduled Payment in such Collection Period).
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NPA Ratio. With respect to a Due Period, the fraction, expressed as a percentage, equal to (a) the Current Lease Balance of Contracts that became 90 days or more past due (without giving effect to any applicable grace periods) as of the last day of such Due Period but have not been determined to be Defaulted Contracts, divided by (b) the aggregate Gross Balance of all Contracts as of the last day of such Due Period.
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NPA Ratio set forth in Section 1.1 of the Warehouse Agreement is hereby amended by deleting the phrase "that are 90 days or more past due as of the date of each Receivable's Scheduled Payment during the related Collection Period" and substituting therefor the phrase "that became 90 days or more past due as of the date of each Receivable's Scheduled Payment during the related Collection Period".
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NPA Ratio means the Non-Performing Assets Ratio as defined in Section 4.03(a) of the Loan Agreement.
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Related to NPA Ratio

  • Total Debt to EBITDA Ratio means, as of the last day of any Fiscal Quarter, the ratio of (a) Total Debt as of such day to (b) EBITDA for the Computation Period ending on such day.

  • Consolidated Capitalization Ratio on the last day of any fiscal quarter, the ratio of (a) Consolidated Total Indebtedness to (b) Consolidated Capital.

  • Debt Ratio means “Total borrowings (include current & non-current borrowings” divided by “Total Equity (exclude non-controlling interests)”.

  • Debt to EBITDA Ratio means, as of the last day of any Fiscal Quarter, the ratio of

  • Funded Debt to EBITDA Ratio means on any date the ratio of (a) Total Indebtedness to (b) EBITDA for the period of four consecutive Fiscal Quarters ended on such date (or, if such date is not the last day of a Fiscal Quarter, ended on the last day of the Fiscal Quarter most recently ended prior to such date).