Repurchase Agreements. With respect to all agreements pursuant to which Seller or any of its Subsidiaries has purchased securities subject to an agreement to resell, if any, Seller or such 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 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 of its Subsidiaries 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 agreementagreements, and the value of such collateral equals or exceeds the amount of the debt secured thereby.
Appears in 5 contracts
Samples: Reorganization Agreement (Vib Corp), Reorganization Agreement (M&t Bank Corp), Reorganization Agreement (M&t Bank Corp)
Repurchase Agreements. With respect to all agreements pursuant to which Seller or any of its Subsidiaries has purchased securities subject to an agreement to resell, if any, Seller or such 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 agreementagreements, and the value of such collateral equals or exceeds the amount of the debt secured thereby.
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