Primary Capital definition

Primary Capital means the funds of a bank or financial institution listed under such headings as the paid-up capital, share premium, non-redeemable preference shares, general reserve fund and accumulated profit and loss, and this term also includes such other funds listed under other headings as may be prescribed as primary capital by the Rastra Bank from time to time;

Primary Capital means the sum of Total Tangible Equity and Loan Loss Reserves.

Primary Capital means, at any date as determined on a Consolidated basis for the Borrower and its Subsidiaries and in accordance with GAAP, the sum of (a) the aggregate amount of total equity capital of Borrower and its Subsidiaries as at the date of determination, plus (b) the Loan and Lease Allowance as at the date of determination.

Examples of Primary Capital in a sentence

• On December 24, 2018, the Company entered into a loan agreement with Primary Capital Inc.

• Through the BSF Programme, Children’s Centre Phase 3 and Primary Capital Strategy the directorate aims to transform the learning environment for all Children and Young People within the Borough.

• In estimated offering expenses, the company has estimated it will pay $850,000 in fees to Primary Capital if the maximum amount of shares is sold.

• However, if the placement agent originates all the investments, the maximum amount the company could pay Primary Capital LLC is $1,320,000.

• Councillors A Carter, J L Carter, Finnigan, Golton, Harker, Harrand, Smith and Blake declared personal interests in the item relating to the Primary Capital Programme (minute 14) as Primary School Governors.

More Definitions of Primary Capital

Primary Capital means any one or more of the following-

Primary Capital means $50,000,000.

Primary Capital means shareholder equity in accordance with GAAP plus Allowance for Loan and Lease Losses.

Primary Capital means the sum of tangible equity capital plus allowances for loan and lease losses. The ratio set forth in this Section shall be measured quarterly and shall be determined in accordance with GAAP from the applicable quarterly financial statements filed with the appropriate Governmental Authority.

Primary Capital means the sum of the—

Primary Capital. Primary Capital Advisors LC doing business as Primary Capital Mortgage and its successor in interest.

Primary Capital means the Available Cash made available to the Surviving Company from the Trust Account and Financing Sources.