Common use of Derivatives Clause in Contracts

Derivatives. Neither the Company nor any of its subsidiaries is currently a party to any interest rate swap, cap, floor, option agreement, other interest rate risk management arrangement or agreement or derivative-type security or derivative arrangement or agreement.

Appears in 6 contracts

Samples: Agreement and Plan of Merger (Citizens Banking Corp), Stock Option Agreement (Citizens Banking Corp), Stock Option Agreement (Citizens Banking Corp)

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Derivatives. Neither the Company Acquiror nor any of its subsidiaries is currently a party to any interest rate swap, cap, floor, option agreement, other interest rate risk management arrangement or agreement or derivative-type security or derivative arrangement or agreement.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Sc Bancorp), Agreement and Plan of Reorganization (Monarch Bancorp)

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Derivatives. Neither the Company nor any either of its subsidiaries Subsidiaries is currently a party to any interest rate swap, cap, floor, option agreement, other interest rate risk management arrangement or agreement or derivative-type security or derivative arrangement or agreement.. (bb)

Appears in 1 contract

Samples: Agreement and Plan of Merger (Monarch Bancorp)

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