Common use of Derivative Instruments Clause in Contracts

Derivative Instruments. (i) Except as set forth in Section 3.3(u)(i) of its Disclosure Letter, all Derivative Contracts (as defined herein) were entered into (A) only in the ordinary course of business consistent with past practice, (B) in all material respects with all applicable laws, rules, regulations and regulatory policies and (C) with counterparties believed to be financially responsible at the time.

Appears in 5 contracts

Samples: Affiliate Agreement (FVCBankcorp, Inc.), Agreement and Plan of Reorganization (Blue Ridge Bankshares, Inc.), Affiliate Agreement (Blue Ridge Bankshares, Inc.)

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Derivative Instruments. (i) Except as set forth in Section 3.3(u)(i3.3(v)(i) of its Disclosure Letter, all Derivative Contracts (as defined herein) were entered into (A) only in the ordinary course of business consistent with past practice, (B) in accordance with prudent practices and in all material respects with all applicable laws, rules, regulations and regulatory policies and (C) with counterparties believed to be financially responsible at the time.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (HomeTown Bankshares Corp), Agreement and Plan of Reorganization (American National Bankshares Inc.)

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Derivative Instruments. (i) Except as set forth in Section 3.3(u)(i3.3(t)(i) of its PBVA’s Disclosure Letter, all Derivative Contracts (as defined herein) were entered into (A) only in the ordinary course of business consistent with past practice, (B) in accordance with prudent practices and in all material respects with all applicable laws, rules, regulations and regulatory policies and (C) with counterparties believed to be financially responsible at the time.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (C & F Financial Corp)

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