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: Agreement and Plan of Reorganization (Vib Corp), Reorganization Agreement (Peoples Financial Corp Inc /Pa/), Agreement and Plan of Reorganization (Premier National Bancorp Inc)
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: Agreement and Plan of Merger (S&t Bancorp Inc), Agreement and Plan of Merger (S&t Bancorp Inc), Agreement and Plan of Merger (S&t Bancorp Inc)
Repurchase Agreements. With respect to all agreements pursuant to which Seller Security or any Seller Subsidiary of its subsidiaries has purchased securities subject to an agreement to resell, if any, Seller Security or such Seller Subsidiarysubsidiary, 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 3 contracts
Samples: Agreement and Plan of Merger (Farmers National Banc Corp /Oh/), Agreement and Plan of Merger (Farmers National Banc Corp /Oh/), Agreement and Plan of Merger (Security Financial Corp /Oh/)
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.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Provident New York Bancorp)
Repurchase Agreements. With respect to all agreements pursuant to which Seller PEOPLES or any Seller Subsidiary of its Subsidiaries has purchased securities subject to an agreement to resell, if any, Seller PEOPLES 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 1 contract
Samples: Agreement and Plan of Merger (Citizens & Northern Corp)
