Common use of Adequate Capitalization Clause in Contracts

Adequate Capitalization. The Company shall assure that each Insured Subsidiary shall be adequately capitalized at all times. For purposes of this Section 8.09, "adequately capitalized" shall have the meaning assigned such term by Section 38 of the Federal Deposit Insurance Act, as amended or any successor act thereto.

Appears in 3 contracts

Sources: Credit Agreement (Washington Mutual Inc), 364 Day Credit Agreement (Washington Mutual Inc), Four Year Credit Agreement (Washington Mutual Inc)

Adequate Capitalization. The Company shall assure that each Insured Subsidiary shall be adequately capitalized at all times. For purposes of this Section 8.09, "adequately capitalized" shall have the meaning assigned such term by Section 38 of the Federal Deposit Insurance Act, as amended or any successor act thereto.66 - 62 -

Appears in 1 contract

Sources: Credit Agreement (Washington Mutual Inc)