Common use of Derivatives Clause in Contracts

Derivatives. All interest rate swaps, caps, floors, option agreements, futures and forward contracts, and other similar risk management arrangements, whether entered into for the account of the Buyer or it subsidiaries or their customers were entered into (i) in accordance with prudent business practices and all applicable Laws, and (ii) with counterparties believed to be financially responsible.

Appears in 5 contracts

Samples: Merger Agreement (First Bancorp /Nc/), Merger Agreement (Century Bancorp Inc /Nc), Merger Agreement (First Bancorp /Nc/)

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Derivatives. All interest rate swaps, caps, floors, option agreements, futures futures, and forward contracts, contracts and other similar risk management arrangements, whether entered into for an Acquired Company’s own account or for the account of the Buyer or it subsidiaries or their customers any Acquired Company’s customers, were entered into (i) in accordance with prudent business practices and all applicable Laws, Legal Requirements and (ii) with counterparties believed to be financially responsible.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Enterprise Financial Services Corp), Escrow Agreement (Enterprise Financial Services Corp), Agreement and Plan of Merger (Enterprise Financial Services Corp)

Derivatives. All interest rate swaps, caps, floors, option agreements, futures and forward contracts, and other similar risk management arrangements, whether entered into for the account of the Buyer Company or it subsidiaries or their customers were entered into (i) in accordance with prudent business practices and all applicable Laws, and (ii) with counterparties believed to be financially responsible.

Appears in 4 contracts

Samples: Merger Agreement (First Bancorp /Nc/), Merger Agreement (First Bancorp /Nc/), Merger Agreement (First Savings Bancorp Inc)

Derivatives. All interest rate swaps, caps, floors, option agreements, futures and forward contracts, and other similar risk management arrangements, whether entered into for Mutual's own account, or for the account of one or more of the Buyer or it subsidiaries Mutual Subsidiaries or their customers customers, were entered into (i) in accordance with prudent business practices and all applicable Laws, Laws and (ii) with counterparties believed to be financially responsible.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (First Mutual Bancorp Inc), Agreement and Plan of Reorganization (Union Planters Corp)

Derivatives. All interest rate swaps, caps, floors, option agreements, futures and forward contracts, and other similar risk management arrangements, whether entered into for the account of the Buyer Company or it subsidiaries its Affiliates or their customers were entered into (i) in accordance with prudent business practices and all applicable Laws, and (ii) with counterparties counter parties believed to be financially responsible.

Appears in 2 contracts

Samples: Merger Agreement (Capital Bank Corp), Merger Agreement (High Street Corp)

Derivatives. All interest rate swaps, caps, floors, option agreements, futures and forward contracts, and other similar risk management arrangements, whether entered into for the account of the Buyer Company or it subsidiaries Affiliates or their customers were entered into (ia) in accordance with prudent business practices and all applicable Laws, and (iib) with counterparties believed to be financially responsible.

Appears in 2 contracts

Samples: Merger Agreement (1st State Bancorp Inc), Merger Agreement (Capital Bank Corp)

Derivatives. All interest rate swaps, caps, floors, option agreements, futures and forward contracts, and other similar risk management arrangements, whether entered into for the account of the Buyer or it subsidiaries its Affiliates or their customers were entered into (i) in accordance with prudent business practices and all applicable Laws, and (ii) with counterparties counter parties believed to be financially responsible.

Appears in 2 contracts

Samples: Merger Agreement (Capital Bank Corp), Merger Agreement (High Street Corp)

Derivatives. All interest rate swaps, caps, floors, option agreements, futures and forward contracts, and other similar risk management arrangements, whether entered into for the account of the Buyer Company or it subsidiaries Affiliates or their customers were entered into (i) in accordance with prudent business practices and all applicable Laws, and (ii) with counterparties believed to be financially responsible.

Appears in 1 contract

Samples: Merger Agreement (Capital Bank Corp)

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Derivatives. All interest rate swaps, caps, floors, option agreements, futures and forward contracts, contracts and other similar risk management arrangements, whether entered into for Bank's own account, or for the account of the Buyer or it subsidiaries or their customers its customers, were entered into (i) in accordance with prudent business practices and all applicable Laws, and (ii) with counterparties believed to be financially responsible.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Pab Bankshares Inc)

Derivatives. All interest rate swaps, caps, floors, option agreements, futures and forward contracts, and other similar risk management arrangements, whether entered into for the account of the Buyer Company or it its subsidiaries or their customers were entered into (i) in accordance with prudent business practices and all applicable Laws, and (ii) with counterparties believed to be financially responsible.

Appears in 1 contract

Samples: Merger Agreement (First Bancorp /Nc/)

Derivatives. All interest rate swaps, caps, floors, option agreements, futures and forward contracts, and other similar risk management arrangements, whether entered into for Enterprise’s own account or for the account of one or more of the Buyer or it subsidiaries Enterprise Subsidiaries or their customers customers, were entered into (i) in accordance with prudent business practices and all applicable Laws, and (ii) with counterparties believed to be that are financially responsible.

Appears in 1 contract

Samples: Agreement and Plan of Merger (NBC Capital Corp)

Derivatives. All interest rate swaps, caps, floors, option agreements, futures and forward contracts, and other similar risk management arrangements, whether entered into for the account of the Buyer or it subsidiaries Affiliates or their customers were entered into (i) in accordance with prudent business practices and all applicable Laws, and (ii) with counterparties believed to be financially responsible.

Appears in 1 contract

Samples: Merger Agreement (Capital Bank Corp)

Derivatives. All interest rate swaps, caps, floors, option agreements, futures and forward contracts, and other similar risk management arrangements, whether entered into for Regions' own account, or for the account of one or more the Buyer or it subsidiaries Regions Subsidiaries or their customers customers, were entered into (i) in accordance with prudent business practices and all applicable Laws, and (ii) with counterparties believed to be financially responsible.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Regions Financial Corp)

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