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

  • Except for Primary Capital LLC, neither the Company nor any of its agents or employees has employed or engaged any broker or finder or incurred any liability for any brokerage fees, commissions or finders’ fees in connection with the transactions contemplated by this Agreement.

  • The Borrower (on a consolidated basis) shall maintain at all times an NPA to Primary Capital Ratio of not greater than thirty-five percent (35%).

  • 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.

  • Borrower and --------------------- Subsidiaries, on a consolidated basis, shall have Non-performing Assets, in the aggregate, of not more than 25% of Primary Capital.

  • Nil Nil Certificate IV in Tertiary Disability Services (or qualifications in similar) or Trade Human Services or Qualification other Business (relevant to the role) Management field is is required to desirable.


More Definitions of Primary Capital

Primary Capital means any one or more of the following-
Primary Capital means $50,000,000.
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 shareholder equity in accordance with GAAP plus Allowance for Loan and Lease Losses.
Primary Capital means all corporate reserves and undi- vided earnings.
Primary Capital means the sum of the—
Primary Capital means the Available Cash made available to the Surviving Company from the Trust Account and Financing Sources.