Investment Securities. Other than in the ordinary course of business and consistent with past practice, acquire (other than (i) by way of foreclosures or acquisitions in a bona fide fiduciary capacity or (ii) in satisfaction of debts previously contracted in good faith), sell or otherwise dispose of any debt security or equity investment.
Appears in 6 contracts
Samples: Merger Agreement (Enterprise Bancorp Inc /Ma/), Merger Agreement (Independent Bank Corp), Merger Agreement (Lakeland Bancorp Inc)
Investment Securities. Other than in the ordinary course of business and consistent with past practice, acquire Acquire (other than (i) by way of foreclosures or acquisitions in a bona fide fiduciary capacity or (ii) in satisfaction of debts previously contracted in good faith), sell or otherwise dispose in each case in the ordinary course of business consistent with past practice) (i) any debt security or equity investmentinvestment of a type or in an amount that is not permissible for a national bank or (ii) any other debt security other than in the ordinary course of business consistent with past practice.
Appears in 5 contracts
Samples: Merger Agreement (Union Bankshares Co/Me), Merger Agreement (Camden National Corp), Merger Agreement (Beverly National Corp)
Investment Securities. Other than Acquire or otherwise invest in the ordinary course of business and consistent with past practice, acquire (other than (i) by way of foreclosures or acquisitions in a bona fide fiduciary capacity or (ii) in satisfaction of debts previously contracted in good faith), sell in each case in the ordinary course of business consistent with past practice) any (i) Equity Investment, or otherwise dispose of any (ii) debt security or equity investmentother than in the ordinary course of business consistent with past practice.
Appears in 4 contracts
Samples: Merger Agreement (Plumas Bancorp), Agreement and Plan of Reorganization and Merger (BayCom Corp), Merger Agreement (First Foundation Inc.)
Investment Securities. Other than in the ordinary course of business and consistent with past practice, acquire (i) Acquire (other than (i) by way of foreclosures or acquisitions in a bona fide fiduciary capacity or (ii) in satisfaction of debts previously contracted in good faith), sell in each case in the ordinary course of business consistent with past practice) any debt security or otherwise Equity Investment or (ii) dispose of any debt security or equity investmentEquity Investment.
Appears in 4 contracts
Samples: Merger Agreement (Farmers & Merchants Bancorp), Merger Agreement (Pacific Premier Bancorp Inc), Agreement and Plan of Reorganization (Pacific Premier Bancorp Inc)
Investment Securities. Other than in the ordinary course of business and consistent with past practice, acquire Acquire (other than (i) by way of foreclosures or acquisitions in a bona fide fiduciary capacity or (ii) in satisfaction of debts previously contracted in good faith), sell or otherwise dispose in each case in the ordinary course of business consistent with past practice) any debt security or equity investmentEquity Investment other than federal funds or United States Government securities or United States Government agency securities, in each case with a term of one (1) year or less.
Appears in 4 contracts
Samples: Merger Agreement (Commercial Capital Bancorp Inc), Merger Agreement (Commercial Capital Bancorp Inc), Merger Agreement (PCB Bancorp Inc)
Investment Securities. Other than in the ordinary course of business and consistent with past practice, acquire (i) Acquire (other than (i) by way of foreclosures foreclosure or acquisitions in a bona fide fiduciary capacity or (ii) in satisfaction of debts previously contracted in good faith), sell in each case in the ordinary course of business consistent with past practice) any debt security, collateralized loan obligation or otherwise Equity Investment, in each case, other than in the ordinary course of business consistent with past practice, or (ii) dispose of any debt security or equity investmentEquity Investment, other than in the ordinary course of business consistent with past practice.
Appears in 3 contracts
Samples: Merger Agreement (Shore Bancshares Inc), Merger Agreement (Community Financial Corp /Md/), Agreement and Plan of Reorganization (Pacific Premier Bancorp Inc)
Investment Securities. Other than Acquire or otherwise invest in the ordinary course of business and consistent with past practice, acquire (other than (i) by way of foreclosures or acquisitions in a bona fide fiduciary capacity or (ii) in satisfaction of debts previously contracted in good faith), sell in each case in the ordinary course of business consistent with past practice) any (i) Equity Investment, or otherwise dispose (ii) debt security, in each case other than in the ordinary course of any debt security or equity investmentbusiness consistent with past practice.
Appears in 3 contracts
Samples: Merger Agreement (BayCom Corp), Merger Agreement (BayCom Corp), Agreement and Plan of Reorganization and Merger (BayCom Corp)
Investment Securities. Other than in the ordinary course of business and consistent with past practice, acquire (other than (i) by way of foreclosures or acquisitions in a bona fide fiduciary capacity or (ii) in satisfaction of debts previously contracted in good faith), sell or otherwise dispose of any debt security or equity investment, unless such acquisition, sale or disposal is consented to in writing by Buyer acting through its Treasurer or his designee(s).
Appears in 2 contracts
Samples: Merger Agreement (Peoples Federal Bancshares, Inc.), Merger Agreement (Independent Bank Corp)
Investment Securities. Other than in the ordinary course of business and consistent with past practice, acquire Acquire (other than (i) by way of foreclosures or acquisitions in a bona fide fiduciary capacity or (ii) in satisfaction of debts previously contracted in good faith), sell or otherwise dispose in each case in the ordinary course of business consistent with past practice) any debt security or equity investmentEquity Investment of a type or in an amount that is not permissible for a national bank.
Appears in 2 contracts
Samples: Merger Agreement (Bancorp Connecticut Inc), Merger Agreement (Banknorth Group Inc/Me)
Investment Securities. Other than in the ordinary course of business and consistent with past practice, acquire Acquire (other than (i) by way of foreclosures or acquisitions in a bona fide fiduciary capacity or (ii) in satisfaction of debts previously contracted in good faith), sell or otherwise dispose in each case in the ordinary course of business consistent with past practice) any debt security or equity investmentEquity Investment.
Appears in 2 contracts
Samples: Merger Agreement (Vineyard National Bancorp), Merger Agreement (Vineyard National Bancorp)
Investment Securities. Other than in the ordinary course of business and consistent with past practice, acquire Acquire (other than (i) by way of foreclosures or acquisitions in a bona fide fiduciary capacity or (ii) in satisfaction of debts previously contracted in good faith), sell or otherwise dispose in each case in the ordinary course of business consistent with past practice) any debt security or equity investmentinvestment other than federal funds or United States Government securities or United States Government agency securities.
Appears in 2 contracts
Samples: Merger Agreement (Camco Financial Corp), Merger Agreement (First Place Financial Corp /De/)
Investment Securities. Other than in the ordinary course of business and consistent with past practice, acquire Acquire (other than (i) by way of foreclosures or acquisitions in a bona fide fiduciary capacity or (ii) in satisfaction of debts previously contracted in good faith), sell or otherwise dispose of any debt security or equity investment, unless Buyer acting through its Chief Financial Officer or his designee(s) first consents in writing.
Appears in 2 contracts
Samples: Merger Agreement (Independent Bank Corp), Merger Agreement (Independent Bank Corp)
Investment Securities. Other than in the ordinary course of business and consistent with past practice, acquire (i) Acquire (other than (i) by way of foreclosures default or acquisitions in a bona fide fiduciary capacity or (ii) in satisfaction of debts previously contracted in good faith), sell in each case in the ordinary course of business consistent with past practice) any debt security, collateralized loan obligation or otherwise Equity Investment that would result in the total combined securities portfolio from exceeding 10% of consolidated assets or (ii) dispose of any debt security or equity investmentEquity Investment.
Appears in 1 contract
Investment Securities. Other than in the ordinary course of business and consistent with past practice, acquire Acquire (other than (i) by way of foreclosures or acquisitions in a bona fide fiduciary capacity or (ii) in satisfaction of debts previously contracted in good faith, in each case in the ordinary course of business consistent with past practice), sell or otherwise dispose of
(i) any debt security or equity investmentEquity Investment of a type or in an amount that is not permissible for a national bank or (ii) any other debt security other than in the ordinary course of business consistent with past practice.
Appears in 1 contract
Investment Securities. Other than in the ordinary course of business and consistent with past practice, acquire Acquire (other than (i) by way of foreclosures or acquisitions in a bona fide fiduciary capacity or (ii) in satisfaction of debts previously contracted in good faith), sell or otherwise dispose in each case in the ordinary course of business consistent with past practice) any debt security or equity investmentinvestment that is not rated investment grade or better or which would be considered “high risk” securities under applicable regulatory pronouncements, in each case purchased in the ordinary course of business consistent with past practice.
Appears in 1 contract
Investment Securities. Other than in the ordinary course of business and consistent with past practice, acquire Acquire (other than (i) by way of ----------------------- foreclosures or acquisitions in a bona fide fiduciary capacity or (ii) in satisfaction of debts previously contracted in good faith), sell or otherwise dispose in each case in the ordinary course of business consistent with past practice) (i) any debt security or equity investmentEquity Investment of a type or in an amount that is not permissible for a national bank or (ii) any other debt security other than in the ordinary course of business consistent with past practice.
Appears in 1 contract
Investment Securities. Other than in the ordinary course of business and consistent with past practice, acquire (other than by way of (i) by way of foreclosures or (ii) acquisitions of control in a bona fide fiduciary capacity or (iiiii) in satisfaction of debts previously contracted in good faith), sell or otherwise dispose in each case in the ordinary and usual course of business consistent with past practice) any debt security or equity investmentEquity Investment other than federal funds or United States Government securities or United States Government agency or government sponsored enterprise securities.
Appears in 1 contract
Investment Securities. Other than in the ordinary course of business and consistent with past practice, acquire Acquire (other than (i) by way of foreclosures or acquisitions in a bona fide fiduciary capacity or (ii) in satisfaction of debts previously contracted in good faith), sell in each case in the ordinary course of business consistent with past practice) any debt security or otherwise Equity Investment or (ii) dispose of any debt security or equity investmentEquity Investment.
Appears in 1 contract
Investment Securities. Other than in the ordinary course of business and consistent with past practice, acquire Acquire (other than (i) by way of foreclosures or acquisitions in a bona fide fiduciary capacity or (ii) in satisfaction of debts previously contracted in good faith), sell or otherwise dispose in each case, in the ordinary course of business consistent with past practice) any debt security or equity investmentEquity Investment.
Appears in 1 contract
Samples: Stock Purchase Agreement (First Community Bancshares Inc /Nv/)
Investment Securities. Other than in the ordinary course of business and consistent with past practice, acquire (i) Acquire (other than (i) by way of foreclosures or acquisitions in a bona fide fiduciary capacity or (ii) in satisfaction of debts previously contracted in good faith), sell in each case in the ordinary course of business consistent with past practice) any debt security or otherwise Equity Investment or (ii) except for sales of Designated Securities, dispose of any debt security or equity investmentEquity Investment.
Appears in 1 contract
Investment Securities. Other than in the ordinary course of business and consistent with past practice, acquire Acquire (other than (i) by way of foreclosures or acquisitions in a bona fide fiduciary capacity or (ii) in satisfaction of debts previously contracted in good faith), sell or otherwise dispose in each case, in the ordinary course of the Business consistent with past practice) any debt security or equity investmentEquity Investment.
Appears in 1 contract
Samples: Stock Purchase Agreement (First Community Bancshares Inc /Nv/)
Investment Securities. Other than in the ordinary course of business and consistent with past practice, acquire Acquire (other than (i) by way of foreclosures or --------------------- acquisitions in a bona fide fiduciary capacity or (ii) in satisfaction of debts previously contracted in good faith), sell or otherwise dispose in each case in the ordinary course of business consistent with past practice) any debt security or equity investmentinvestment that is not rated investment grade or better or which would be considered "high risk" securities under applicable regulatory pronouncements, in each case purchased in the ordinary course of business consistent with past practice.
Appears in 1 contract
Investment Securities. Other than in the ordinary course of business and consistent with past practice, acquire Acquire (other than (i) by way of foreclosures or acquisitions in a bona fide fiduciary capacity or (ii) in satisfaction of debts previously contracted in good faith, in each case in the ordinary course of business consistent with past practice), sell or otherwise dispose of
(i) any debt security or equity investmentinvestment of a type or in an amount that is not permissible for a national bank or (ii) any other debt security other than in the ordinary course of business consistent with past practice.
Appears in 1 contract
Investment Securities. Other than in the ordinary course of business and consistent with past practice, acquire Acquire (other than (i) by way of foreclosures or acquisitions in a bona fide fiduciary capacity or (ii) in satisfaction of debts previously contracted in good faith), sell or otherwise dispose in each case in the ordinary course of business consistent with past practice) any debt security or equity investmentEquity Investment, except in the ordinary course of business consistent with past practice.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (MortgageIT Holdings, Inc.)
Investment Securities. Other than in the ordinary course of business and consistent with past practice, acquire Acquire (other than (i) by way of foreclosures or acquisitions in a bona fide fiduciary capacity or (ii) in satisfaction of debts previously contracted in good faith), sell or otherwise dispose in each case in the ordinary course of business consistent with past practice) (i) any debt security or equity investmentEquity Investment of a type or in an amount that is not permissible for a national bank or (ii) any other debt security other than in the ordinary course of business consistent with past practice.
Appears in 1 contract