Common use of Investment Securities; Derivatives Clause in Contracts

Investment Securities; Derivatives. (i) Except for restrictions that exist for securities that are classified as “held to maturity,” none of the investment securities held by the Company or any of its Subsidiaries is subject to any restriction (contractual or statutory) that would materially impair the ability of the entity holding such investment freely to dispose of such investment at any time.

Appears in 7 contracts

Samples: Agreement and Plan of Merger (Randolph Bancorp, Inc.), Agreement and Plan of Merger (Standard AVB Financial Corp.), Agreement and Plan of Merger (Pilgrim Bancshares, Inc.)

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Investment Securities; Derivatives. (i) Except for restrictions that exist for securities that are classified as “held to maturity,” none of the investment securities held by the Company or any of its Subsidiaries Subsidiaries, including but not limited to FHLB stock, is subject to any restriction (contractual or statutory) that would materially impair the ability of the entity holding such investment freely to dispose of such investment at any time.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (MSB Financial Corp), Voting Agreement (First Interstate Bancsystem Inc), Voting Agreement (Clifton Bancorp Inc.)

Investment Securities; Derivatives. (i) Except for restrictions that exist for securities that are classified as “held to maturity,” none of the investment securities held by the Company CNB Financial or any of its Subsidiaries is subject to any restriction (contractual or statutory) that would materially impair the ability of the entity holding such investment freely to dispose of such investment at any time.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (United Financial Bancorp, Inc.), Agreement and Plan of Merger (CNB Financial Corp.), Agreement and Plan of Merger (Berkshire Hills Bancorp Inc)

Investment Securities; Derivatives. (i) Except for restrictions that exist for securities that are to be classified as "held to maturity," none of the investment securities held by the Company Heritage or any of its Subsidiaries Subsidiaries, is subject to any restriction (contractual or statutory) that would materially impair the ability of the entity holding such investment freely to dispose of such investment at any time.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Heritage Bancorp Inc /Va/), Agreement and Plan of Merger (Southbanc Shares Inc)

Investment Securities; Derivatives. (i) Except for restrictions that exist for securities that are classified as "held to maturity," none of the investment securities held by the Company or any of its Subsidiaries Subsidiary is subject to any restriction (contractual or statutory) that would materially impair the ability of the entity Person holding such investment freely to dispose of such investment at any time.

Appears in 1 contract

Samples: Securities Purchase Agreement (Capitol Bancorp LTD)

Investment Securities; Derivatives. (i) Except for restrictions that exist for securities that are classified as "held to maturity," none of the investment securities held by the Company Target or any of its Subsidiaries is subject to any restriction (contractual or statutory) that would materially impair the ability of the entity holding such investment freely to dispose of such investment at any time.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Peoples Bancshares Inc)

Investment Securities; Derivatives. (i) Except for restrictions that exist for securities that are classified as "held to maturity," none of the investment securities held by the Company Patapsco or any of its Subsidiaries is subject to any restriction (contractual or statutory) that would materially impair the ability of the entity holding such investment freely to dispose of such investment at any time.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Patapsco Bancorp Inc)

Investment Securities; Derivatives. (i) Except for restrictions that exist for securities that are classified as "held to maturity," none of the investment securities held by the Company FCCO or any of its Subsidiaries is subject to any restriction (contractual or statutory) that would materially impair the ability of the entity holding such investment freely to dispose of such investment at any time.

Appears in 1 contract

Samples: Agreement and Plan of Merger (First Community Corp /Sc/)

Investment Securities; Derivatives. (i) Except for restrictions that exist for securities that are classified as “held to maturity,” none of the investment securities held by the Company SOFB or any of its Subsidiaries is subject to any restriction (contractual or statutory) that would materially impair the ability of the entity holding such investment freely to dispose of such investment at any time.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Jefferson Bancshares Inc)

Investment Securities; Derivatives. (i) Except for restrictions that exist for securities that are classified as “held to maturity,” none of the investment securities held by the Company Factory Point Bancorp or any of its Subsidiaries is subject to any restriction (contractual or statutory) that would materially impair the ability of the entity holding such investment freely to dispose of such investment at any time.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Berkshire Hills Bancorp Inc)

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Investment Securities; Derivatives. (i) Except for restrictions that exist for securities that are to be classified as "held to maturity," none of the investment securities held by the Company AFH or any of its Subsidiaries Subsidiaries, is subject to any restriction (contractual or statutory) that would materially impair the ability of the entity holding such investment freely to dispose of such investment at any time.

Appears in 1 contract

Samples: Agreement and Plan of Merger (American Financial Holdings Inc)

Investment Securities; Derivatives. (i) Except for restrictions that exist for securities that are classified as “held to maturity,” none of the investment securities held by the Company Patapsco or any of its Subsidiaries is subject to any restriction (contractual or statutory) that would materially impair the ability of the entity holding such investment freely to dispose of such investment at any time.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Bradford Bancorp Inc /MD)

Investment Securities; Derivatives. (i) Except for restrictions that exist for securities that are classified as "held to maturity," none of the investment securities held by the Company Home Building Bancorp or any of its Subsidiaries is subject to any restriction (contractual or statutory) that would materially impair the ability of the entity holding such investment freely to dispose of such investment at any time.

Appears in 1 contract

Samples: Agreement and Plan of Merger (First Bancorp of Indiana Inc)

Investment Securities; Derivatives. (i) Except for restrictions that exist for securities that are classified as “held to maturity,” none of the investment securities held by the Company Buyer or any of its Subsidiaries is subject to any restriction (contractual or statutory) that would materially impair the ability of the entity holding such investment freely to dispose of such investment at any time.

Appears in 1 contract

Samples: Stock Purchase Agreement (Customers Bancorp, Inc.)

Investment Securities; Derivatives. (i) Except for restrictions that exist for securities that are classified as “held to maturity,” none of the investment securities and derivatives held by the Company Victory Bancorp or any of its Subsidiaries is subject to any restriction (contractual or statutory) that would materially impair the ability of the entity holding such investment freely to dispose of such investment at any time.

Appears in 1 contract

Samples: Agreement and Plan of Merger (HV Bancorp, Inc.)

Investment Securities; Derivatives. (i) Except for restrictions that exist for securities that are classified as "held to maturity," none of the investment securities held by the Company Hometown or any of its Subsidiaries is subject to any restriction (contractual or statutory) that would materially impair the ability of the entity holding such investment freely to dispose of such investment at any time.

Appears in 1 contract

Samples: Agreement and Plan of Merger (First Capital Inc)

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