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, including but not limited to FHLB stock and FRB 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 2 contracts
Samples: Agreement and Plan of Merger (Berkshire Hills Bancorp Inc), Agreement and Plan of Merger (SI Financial Group, 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, including but not limited to FHLB of Cincinnati stock and FRB Federal Reserve Bank of Atlanta 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 2 contracts
Samples: Voting and Support Agreement (CapStar Financial Holdings, Inc.), Voting and Support Agreement (CapStar 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 or any of its Subsidiaries, including including, but not limited to to, stock of the FHLB stock and FRB stockor the Federal Reserve Bank of Richmond, 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 Bankshares Inc /Va/)
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 Acacia FSB or any of its Subsidiaries, including but not limited to FHLB stock and FRB stock, 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
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, including but not limited to FHLB of Atlanta stock and FRB stockFederal Reserve Bank of Richmond, 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 Bankshares Inc /Va/)