Common use of Minimum Tangible Common Equity Clause in Contracts

Minimum Tangible Common Equity. (i) As of the last day of the month reflected in the Closing Financial Statements, FNBB shall have Tangible Common Equity equal to at least $119,000,000 and (ii) FNBB shall have delivered the certificates the Chief Financial Officer of FNBB contemplated by Section 6.20.

Appears in 2 contracts

Sources: Merger Agreement (FNB Bancorp/Ca/), Merger Agreement (Trico Bancshares /)