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

• Support will be given to the Borough's Building Schools for the Future Programme and Primary Capital Programme, and other education initiatives, the expansion of Durham University's Queen's Campus, and the provision of health services and facilities through Momentum: Pathways to Healthcare Programme.

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

• Primary Capital defined as the sum of common stock, perpetual preferred stock, capital surplus, undivided profits, reserves for contingencies and other capital reserves, mandatory convertible instruments, the allowance for possible loan and lease losses, and any minority interest in the equity accounts of consolidated subsidiaries.

• Saratoga County’s deposits in each qualified bank, or family of banks, are limited to the lesser of 75% of Primary Capital or the maximum amount set forth in the Board of Supervisors’ Designation of Depositories.

• Other grant resources included in Table A2 include the funding for the Building Schools for the Future design and build schools, Primary Capital Programme funding from Department for Children, Schools and Families (DCSF, housing Major Repairs Allowance and Transport for London (TfL) LIP funding for Surrey Canal road station.

More Definitions of Primary Capital

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 any one or more of the following-

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

Primary Capital means $50,000,000.

Primary Capital means the sum of the—

Primary Capital means the sum of Tier 1 Capital plus the Loan Loss Reserve.

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