Capital Deficiency definition

Capital Deficiency means the failure by an institution to meet and maintain at all times the minimum capital requirements in accordance with the Act and Regulations;

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Capital Deficiency means, for any Interest Payment Date, that ICICI Bank determines that its capital to risk assets ratio (“CRAR”) has declined below the minimum regulatory requirement prescribed by the RBI from time to time, (i) as at the immediately preceding March 31 in the case of the Interest Payment Date in April and (ii) as at the immediately preceding September 30 in the case of the Interest Payment Date in October.

Capital Deficiency is defined in Section 5.6 hereof.

Examples of Capital Deficiency in a sentence

The Managing Member may upon written notice to all Members, give each non-defaulting Member the right to contribute (or cause the Company to contribute) his/her pro rata share of the Capital Deficiency as additional Capital Contribution to the Company.
When using the P-Card to pay for hotel accommodations, only room charges are allowed on the P-Card.
If and to the extent that the Escrow Agent shall not be holding enough funds in the Escrow Account, the Seller shall return to the Purchaser the amount of any remaining Working Capital Deficiency.
The Base Consideration shall be reduced by the Final Working Capital Deficiency, if any, or increased by the Final Working Capital Surplus, if any.
Although the Guarantor has undertaken to apply for a listing for the Substituted Preference Shares there can be no assurance that, in the event that a Capital Deficiency Event occurs and is continuing, a recognised stock exchange will agree to list such Substituted Preference Shares.

More Definitions of Capital Deficiency

Capital Deficiency means the failure by an institution to meet all the capital requirements prescribed by the Act and these Regulations;

Capital Deficiency has the meaning set forth in Section 2.1(a). “Company” has the meaning set forth in the preamble.

Capital Deficiency means, with respect to any time of determination, the amount, if any, by which aggregate Capital Investment at such time plus all accrued and unpaid Yield and Fees at such time shall exceed the product of (x) the then Advance Rate and (y) the Net Receivables Pool Balance at such time.

Capital Deficiency means the failure by an institution to meet and maintain at all times the minimum capital requirements

Capital Deficiency means, as of any date of determination, the amount, if any, by which the Investment (or, if a Termination Event exists, the Matured Aggregate Investment) plus the Aggregate Reserve (each as defined in the Receivables Sale Agreement) exceeds the Net Receivables Balance plus the Undistributed Collections (each as defined in the Receivables Sale Agreement).

Capital Deficiency is defined in Section 1.5(a).

Capital Deficiency means, for any Interest Payment Date, that UTI Bank determines that its Capital to risk assets ratio (“CRAR”) has declined below the minimum regulatory requirement prescribed by the RBI from time to time, (i) as at the immediately preceding March 31 in the case of the Interest Payment Date in April and (ii) as at the immediately preceding September 30 in the case of the Interest Payment Date in October.