Examples of Private Capital in a sentence
Regulatory Capital means Private Capital, excluding non-cash as- sets contributed to a Licensee or a li- cense applicant, and non-cash assets purchased by a license applicant, un- less such assets have been converted to cash or have been approved by SBA for inclusion in Regulatory Capital.
You may not accept any capital contribution made with funds borrowed by a Person seeking to own an equity interest (whether direct or indirect, beneficial or of record) of at least 10 percent of your Private Capital.
At the start of his career, Mr. Candolfini held a portfolio manager and hedge fund analyst position at ING Private Capital Management in Luxembourg for three years.
In addition, the increase must have been expressly provided for in a plan of operations submitted to and approved by SBA in writing, or must be the result of the takedown of commitments or the conversion of non- cash assets that were included in your Private Capital.
Any amounts you distribute to non-SBA in- vestors under this paragraph (b) must reduce your Retained Earnings Avail- able for Distribution to zero before re- ducing your Private Capital.