Repurchase Agreements. With respect to all agreements pursuant to which Seller or any Seller Subsidiary has purchased securities subject to an agreement to resell, if any, Seller or such Seller 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 agreements, and the value of such collateral equals or exceeds the amount of the debt secured thereby.
Appears in 5 contracts
Samples: Reorganization Agreement (Premier National Bancorp Inc), Reorganization Agreement (Vib Corp), Reorganization Agreement (M&t Bank Corp)
Repurchase Agreements. With respect to all agreements pursuant to which Seller or any Seller Subsidiary of its Subsidiaries has purchased securities subject to an agreement to resell, if any, Seller or such Seller 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 agreementsagreement, and the value of such collateral equals or exceeds the amount of the debt secured thereby.
Appears in 5 contracts
Samples: Merger Agreement (S&t Bancorp Inc), Merger Agreement (S&t Bancorp Inc), Merger Agreement (S&t Bancorp Inc)
Repurchase Agreements. With respect to all agreements pursuant to which Seller or any Seller Subsidiary has purchased securities subject to an agreement to resell, if any, Seller or such Seller Subsidiary, as the case may be, has a valid, perfected first lien Lien or security interest in or evidence of ownership in book book-entry form of the government securities or other collateral securing the repurchase agreements, and the value of such collateral equals or exceeds the amount of the debt secured thereby.
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