Non-Performing Assets. As of the end of the month immediately prior to the Closing, total non-performing assets of the Bank shall not have increased more than 20% over total non-performing assets of the Bank as of December 31, 2022.
Non-Performing Assets. The Company shall, as of the last day of each fiscal quarter, maintain on a consolidated basis with its Subsidiaries, and shall cause each Banking Subsidiary to maintain as of such day on a consolidated basis with its subsidiaries, a ratio (a) of Non-Performing Assets of the Company or such Banking Subsidiary on a consolidated basis, as the case may be, to (b) the sum of (i) stockholders' equity for the Company or core capital for such Banking Subsidiary, as the case may be, plus (ii) loan loss reserves established by the Company or such Banking Subsidiary, as the case may be, on a consolidated basis in accordance with regulatory accounting principles applicable to the Company or such Banking Subsidiary, of not more than .25 to 1.0.
Non-Performing Assets. On the Closing Date, the aggregate outstanding amount of Non-Performing Assets of the KY Bank shall be no more than $24,000,000, where "Non-Performing Assets" is defined to include (i) the outstanding balance of all Loans on non-accrual status, (ii) the outstanding balance of all Loans 90 days or more past due, (iii) the outstanding balance of all Loans that have undergone trouble debt restructuring, and (iv) the fair market value (less estimated cost to sell) of all OREO of KY Bank and any Subsidiary of KY Bank.
Non-Performing Assets. Permit the aggregate amount of Non-Performing Assets of all Subsidiary Banks on a combined basis to equal or exceed eighty-five percent (85%) of the then Primary Capital of all Subsidiary Banks, as determined according to GAAP, at any time from and after the date hereof.
Non-Performing Assets. Permit Non-Performing Assets at any time to exceed 4.5% of total (gross) loans, leases and other owned real estate, in each case for Popular and its Subsidiaries (determined on a consolidated basis in accordance with GAAP), as at such time.
Non-Performing Assets. Maintain at all times an aggregate amount of Non-Performing Assets not in excess of an amount equal to 15.0 percent of Consolidated Primary Capital.
Non-Performing Assets. All assets of all Subsidiary Banks and other Subsidiaries classified as "non-performing" (which shall include all loans in non-accrual status, more than ninety (90) days past due in principal or interest, restructured or renegotiated, or listed as "other restructured" or "other real estate owned") on the Federal Deposit Insurance Corporation or other regulatory agency call report shall not exceed at any time three percent (3%) of all loans of the Borrower and its Subsidiaries on a consolidated basis.
Non-Performing Assets. The Issuer will promptly notify the Exchange, as and when any loan of the Issuer is classified as a non-performing asset as per the norms of Reserve Bank of India by any bank or financial institution. • Any other information having bearing on the operation/performance of the issuer as well as price sensitive information. The above information should be made public immediately.
Non-Performing Assets. Borrower shall cause Bank’s ratio of (a) Non-Performing Assets to (b) (i) the aggregate amount of total equity capital of Bank and its Subsidiaries as at the date of determination, plus (ii) the Loan Loss Reserves as at the date of determination, minus (iii) the aggregate amount of all disallowed goodwill and other intangible assets of the Bank and its Subsidiaries as at the date of determination, not to exceed 35%, measured as of the end of each fiscal quarter commencing with the fiscal quarter ending December 31, 2014.
Non-Performing Assets. Borrower and --------------------- Subsidiaries, on a consolidated basis, shall have Non-performing Assets, in the aggregate, of not more than 25% of Primary Capital.
