Total Tangible Equity definition
Total Tangible Equity means the total amount of the capital stock, surplus and undivided profits accounts less intangibles, all of which will be determined in accordance with generally accepted accounting principles applicable to banks, consistently applied.
Total Tangible Equity means the sum of common stock, retained earnings and paid-in capital, less goodwill, each as determined in accordance with Generally Accepted Accounting Principles.
Total Tangible Equity. As of any date of determination, the total amount of the capital stock, surplus and undivided profits accounts less goodwill and intangibles, all of which will be determined in accordance with GAAP applicable to banks, consistently applied.
Examples of Total Tangible Equity in a sentence
An Initial Public Offering in which the Total Tangible Equity Value arising from such Initial Public Offering exceeds the Threshold Value and which Initial Public Offering is consummated prior to 5:00 P.M., New York City time, on the tenth anniversary of the issue date of this Warrant.
More Definitions of Total Tangible Equity
Total Tangible Equity means total stockholders’ equity, minus goodwill and other intangible assets, as reported in the most recent FR Y-9C filed by Borrower, all calculated on a consolidated basis for Borrower in accordance with GAAP.
Total Tangible Equity means the total amount of the Capital Stock, surplus and undivided profits, accounts and capital qualified notes and debentures of Borrower, minus intangibles, all of which will be determined in accordance with GAAP applicable to banks consistently applied.