Unimpaired capital means the sum of all capital and allowance accounts minus
Unimpaired capital means the sum of the Bank's paid in capital, capital surplus, retained earnings, and allocation for loan and lease losses with respect to any loans and leases, immediately following consummation of the Purchase and Assumption Transaction.
Unimpaired capital means capital on which there is no lien or other charges.
Examples of Unimpaired capital in a sentence
Unimpaired capital and unimpaired surplus is the sum of the bank’s tier 1 and tier 2 capital based on the bank’s most recent report of condition and the balance of the bank’s allowance for loan and lease losses not included in tier 2 capital for the purposes of calculating risk-based capital.
Unimpaired capital requirementInsurance Memorandum Circular (IMC) 22-2008 provided that for purposes of determining compliance with the law, rules and regulations requiring that the paid-up capital should remain intact and unimpaired at all times, the statement of financial position should show that the worth or equity is at least equal to the actual paid-up capital.
More Definitions of Unimpaired capital
Unimpaired capital means total equity capital in the most recent report plus any subordinated notes and debentures approved by the Commission as an addition to capital structure plus any valuation reserves created by charges to income reported on the most recent report.
Unimpaired capital means capital which is not
Unimpaired capital means capital which is not impaired by losses that exceed applicable reserves.