Common use of Repurchase Agreements Clause in Contracts

Repurchase Agreements. With respect to all agreements pursuant to which the Company or any of its Subsidiaries has purchased securities subject to an agreement to resell, if any, the Company or any of its Subsidiaries, as the case may be, has a valid, perfected first lien or security interest in the government securities or other collateral securing the repurchase agreement, and, as of the date hereof, the value of such collateral equals or exceeds the amount of the debt secured thereby.

Appears in 26 contracts

Samples: Agreement and Plan of Merger (PCSB Financial Corp), Agreement and Plan of Merger (Brookline Bancorp Inc), Agreement and Plan of Merger (CNB Financial Corp/Pa)

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Repurchase Agreements. With respect to all agreements pursuant to which the Company or any of its Subsidiaries has purchased securities subject to an agreement to resell, if any, the Company or any of its Subsidiaries, as the case may be, has a valid, perfected first lien or security interest in the government securities or other collateral securing the repurchase agreement, and, as of the date hereof, and the value of such collateral equals or exceeds the amount of the debt secured thereby.

Appears in 24 contracts

Samples: Agreement and Plan of Merger (Eagle Bancorp Montana, Inc.), Agreement and Plan of Merger (Eagle Bancorp Montana, Inc.), Agreement and Plan of Merger (Sunnyside Bancorp, Inc.)

Repurchase Agreements. With respect to all agreements pursuant to which the Company or any of its Subsidiaries has purchased securities subject to an agreement to resell, if any, the Company or any of its Subsidiaries, as the case may be, has a valid, perfected first lien or security interest in the government securities or other collateral securing the repurchase agreement, and, as of the date hereofof this Agreement, the value of such collateral equals or exceeds the amount of the debt secured therebyit secures.

Appears in 6 contracts

Samples: Agreement and Plan of Merger (Cambridge Bancorp), Agreement and Plan of Merger (Eastern Bankshares, Inc.), Agreement and Plan of Merger (Independent Bank Corp)

Repurchase Agreements. With respect to all agreements pursuant to which the Company or any of its Subsidiaries has purchased securities subject to an agreement to resell, if any, the Company or any of its Subsidiaries, as the case may be, has a valid, perfected first lien or security interest in the government securities or other collateral securing the repurchase agreement, and, as of the date hereof, the value of such collateral equals or exceeds the amount of the debt secured thereby.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Brookline Bancorp Inc), Agreement and Plan of Reorganization (Chittenden Corp /Vt/), Agreement and Plan of Reorganization (Chittenden Corp /Vt/)

Repurchase Agreements. With respect to all agreements pursuant to which the Company or any of its Subsidiaries the Bank has purchased securities subject to an agreement to resell, if any, the Company or any of its Subsidiaries, as the case may be, it has a valid, perfected first lien or security interest in the government securities or other collateral securing the repurchase agreement, and, as of the date hereof, and the value of the collateral securing each such collateral agreement equals or exceeds the amount of the debt secured therebyby such collateral under such agreement.

Appears in 3 contracts

Samples: Agreement of Merger (Zions Bancorporation /Ut/), Agreement and Plan of Reorganization (Zions Bancorporation /Ut/), Employment Agreement (Zions Bancorporation /Ut/)

Repurchase Agreements. With respect to all agreements Contracts pursuant to which the Company or any of its Subsidiaries Company Subsidiary has purchased securities subject to an agreement to resell, if any, the Company or any of its Subsidiaries, as the case may be, such Company Subsidiary has a valid, perfected first lien or security interest in the government securities or other collateral securing the repurchase agreement, and, as of the date hereof, and the value of such collateral equals is reasonably believed to equal or exceeds exceed the amount of the debt secured thereby.

Appears in 2 contracts

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

Repurchase Agreements. With respect to all agreements pursuant to which the Company or any of its Subsidiaries it has purchased securities subject to an agreement to resell, if any, the Company or any of its Subsidiaries, as the case may be, it has a valid, perfected first lien or security interest in the government securities or other collateral securing the repurchase agreement, and, as of the date hereof, the value of such collateral equals or exceeds the amount of the debt secured thereby.. (bb)

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Chittenden Corp /Vt/), Agreement and Plan of Merger (Chittenden Corp /Vt/)

Repurchase Agreements. With respect to all agreements pursuant to which the Company or any of its Subsidiaries has purchased securities subject to an agreement to resell, if any, the Company or any of its Subsidiaries, as the case may be, has a valid, perfected first lien or security interest in the government securities or other collateral securing the repurchase agreement, and, as of the date hereof, the value of such collateral equals or exceeds the amount of the debt secured thereby.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Independent Bank Corp), Agreement and Plan of Merger (Slades Ferry Bancorp)

Repurchase Agreements. With respect to all agreements pursuant to which the Company Xxxxxx Chartered or any of its Subsidiaries Xxxxxx Chartered Subsidiary has purchased securities subject to an agreement to resell, if any, the Company Xxxxxx Chartered or any of its Subsidiariessuch Xxxxxx Chartered Subsidiary, as the case may be, has a valid, perfected first lien or security interest in the government securities or other collateral securing the repurchase agreement, and, as of the date hereof, and the value of such collateral equals or exceeds the amount of the debt secured thereby.

Appears in 2 contracts

Samples: Reorganization Agreement (Progressive Bank Inc), Reorganization Agreement (Hudson Chartered Bancorp Inc)

Repurchase Agreements. With respect to all agreements pursuant to which the Company Bank or any of its Subsidiaries has purchased securities subject to an agreement to resell, if any, the Company Bank or any of its Subsidiaries, as the case may be, has a valid, perfected first lien or security interest in the government securities or other collateral securing the repurchase agreement, and, as of the date hereof, and the value of such collateral equals or exceeds the amount of the debt secured thereby.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Beneficial Bancorp Inc.), Stock Purchase Agreement (Bear State Financial, Inc.)

Repurchase Agreements. With respect to all agreements pursuant to which the Company Premier Financial or any of its Subsidiaries has purchased securities subject to an agreement to resell, if any, the Company Premier Financial or any of its Subsidiaries, as the case may be, has a valid, perfected first lien Lien in or security interest evidence of ownership in book entry form of the government securities or other collateral securing the repurchase agreement, and, as of the date hereof, and the value of such collateral equals or exceeds the amount of the debt secured thereby.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Premier Financial Bancorp Inc), Agreement and Plan of Merger (Peoples Bancorp Inc)

Repurchase Agreements. With respect to all agreements pursuant to which the Company Buyer or any of its Subsidiaries Buyer Bank has purchased securities subject to an agreement to resell, if any, the Company Buyer or any of its Subsidiaries, Buyer Bank as the case may be, has a valid, perfected first lien or security interest in or evidence of ownership in book entry form of the government securities or other collateral securing the repurchase agreement, and, as of the date hereof, and the value of such collateral equals or exceeds the amount of the debt secured thereby.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Orrstown Financial Services Inc), Agreement and Plan of Merger (Orrstown Financial Services Inc)

Repurchase Agreements. With respect to all agreements pursuant to which the Company Buyer or any of its Subsidiaries has purchased securities subject to an agreement to resell, if any, the Company Buyer or any of its Subsidiaries, as the case may be, has a valid, perfected first lien or security interest in the government securities or other collateral securing the repurchase agreement, and, as of the date hereofof this Agreement, the value of such collateral equals or exceeds the amount of the debt secured therebyit secures.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Cambridge Bancorp), Agreement and Plan of Merger (Eastern Bankshares, Inc.)

Repurchase Agreements. With respect to all agreements pursuant to which the Company or any of its the Company Subsidiaries has purchased securities subject to an agreement to resell, if any, the Company or any of its Subsidiariessuch Company Subsidiary, as the case may be, has a valid, perfected first lien or security interest in or evidence of ownership in book entry form of the government securities or other collateral securing the repurchase agreement, and, as of the date hereof, and the value of such collateral equals or exceeds the amount of the debt secured thereby.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Sky Financial Group Inc)

Repurchase Agreements. With respect to all agreements pursuant to which the Company or any of its Subsidiaries it has purchased securities subject to an agreement to resell, if any, to its knowledge Borrower and each Subsidiary has ownership of such securities, and, in the Company or any of its Subsidiaries, as the case may beevent such ownership is disregarded, has a valid, perfected first lien or security interest in the government securities or other collateral securing the repurchase agreement, and, to its knowledge as of the date hereof, the value of such collateral equals or exceeds the amount of the debt secured thereby.

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement (Life Financial Corp)

Repurchase Agreements. With respect to all agreements pursuant to which the Company or any of its Subsidiaries has purchased securities subject to an agreement to resell, if any, the Company or any of its Subsidiaries, as the case may be, has a valid, perfected first lien or security interest Lien in the government securities or other collateral securing the repurchase agreement, and, as of the date hereof, and the value of such collateral equals or exceeds the amount of the debt secured thereby.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Meta Financial Group Inc)

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Repurchase Agreements. With respect to all agreements pursuant to under which the Company Citizens or any of its Subsidiaries has have purchased securities subject to an agreement to resell, if any, the Company Citizens or any one of its Subsidiaries, as the case may be, has a valid, perfected first lien or security interest in or evidence of ownership in book entry form of the government securities or other collateral securing the repurchase agreement, and, as of the date hereof, and the value of such the collateral equals or exceeds the amount of the debt secured thereby.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Investar Holding Corp)

Repurchase Agreements. With respect to all agreements pursuant to which the Company or any of its Subsidiaries the Subsidiary Institutions has purchased securities subject to an agreement to resell, if any, the Company or any of its Subsidiaries, as the case may be, it has a valid, perfected first lien or security interest in the government securities or other collateral securing the repurchase agreement, and, as of the date hereof, and the value of the collateral securing each such collateral agreement equals or exceeds the amount of the debt secured therebyby such collateral under such agreement.

Appears in 1 contract

Samples: Stock Option Agreement (Zions Bancorporation /Ut/)

Repurchase Agreements. With respect to all agreements pursuant to which the Company or any of its Subsidiaries Company Bank has purchased securities subject to an agreement to resell, if any, the Company or any of its SubsidiariesCompany Bank, as the case may be, has a valid, perfected first lien or security interest Lien in the government securities or other collateral securing the repurchase agreement, and, as of the date hereof, and the value of such collateral equals or exceeds the amount of the debt secured thereby. The Company has made available to Parent true, correct and complete copies of all such repurchase agreements, including any and all amendments and modifications thereto.

Appears in 1 contract

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

Repurchase Agreements. With respect to all agreements pursuant to which the Company Xxxxx or any of its Subsidiaries has purchased securities subject to an agreement to resell, if any, the Company Xxxxx or any of its Subsidiariessuch Subsidiary, as the case may be, has a valid, perfected first lien or security interest in or evidence of ownership in book entry form of the government securities or other collateral securing the repurchase agreement, and, as of the date hereof, and the value of such collateral equals or exceeds the amount of the debt secured thereby.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Sky Financial Group Inc)

Repurchase Agreements. With respect to all agreements pursuant to which the Company Citizens or any of its Subsidiaries has purchased securities subject to an agreement to resell, if any, the Company Citizens or any of its Subsidiaries, as the case may be, has a valid, perfected first lien Lien in or security interest evidence of ownership in book entry form of the government securities or other collateral securing the repurchase agreement, and, as of the date hereof, and the value of such collateral equals or exceeds the amount of the debt secured thereby.. (v)

Appears in 1 contract

Samples: Agreement and Plan of Merger (City Holding Co)

Repurchase Agreements. With respect to all agreements pursuant to which the Company Seller or any of its Subsidiaries has purchased securities subject to an agreement to resell, if any, the Company Seller or any of its Subsidiaries, as the case may be, has a valid, perfected first lien or security interest in the government securities or other collateral securing the repurchase agreement, and, as of the date hereof, the value of such collateral equals or exceeds the amount of the debt secured thereby.

Appears in 1 contract

Samples: Stock Purchase Agreement (United Bancshares Inc/Oh)

Repurchase Agreements. With respect to all agreements pursuant to which the Company CVLY or any of its Subsidiaries has purchased securities subject to an agreement to resell, if any, the Company CVLY or any of its Subsidiaries, as the case may be, has a valid, perfected first lien or security interest in the government securities or other collateral securing the repurchase agreement, and, as of the date hereof, the value of such collateral equals or exceeds the amount of the debt secured thereby.

Appears in 1 contract

Samples: Orrf Voting Agreement (Orrstown Financial Services Inc)

Repurchase Agreements. With respect to all agreements pursuant to which the Company Prospect or any of its Subsidiaries has purchased securities subject to an agreement to resell, if any, the Company Prospect or any of its Subsidiariessuch Subsidiary, as the case may be, has a valid, perfected first lien or security interest in or evidence of ownership in book entry form of the government securities or other collateral securing the repurchase agreement, and, as of the date hereof, and the value of such collateral equals or exceeds the amount of the debt secured thereby.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Sky Financial Group Inc)

Repurchase Agreements. With respect to all agreements pursuant to which the Company or any of its Subsidiaries has purchased securities subject to an agreement to resell, if any, the Company or any of its Subsidiaries, as the case may be, has a valid, perfected first lien or security interest in the government securities or other collateral securing the repurchase agreement, and, as of the date hereof, the value of such collateral equals or exceeds the amount of the debt secured thereby.

Appears in 1 contract

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

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