Common use of Investment Securities and Commodities Clause in Contracts

Investment Securities and Commodities. (a) Each of the Company and its Subsidiaries has good title in all material respects to all securities and commodities owned by it (except those sold under repurchase agreements), free and clear of any Lien, except as set forth in the financial statements included in the Company Reports or to the extent such securities or commodities are pledged in the ordinary course of business to secure obligations of the Company or its Subsidiaries. Such securities and commodities are valued on the books of the Company in accordance with GAAP in all material respects.

Appears in 14 contracts

Samples: Agreement and Plan of Merger (Synovus Financial Corp), Agreement and Plan of Merger (FCB Financial Holdings, Inc.), Agreement and Plan of Merger (State Bank Financial Corp)

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Investment Securities and Commodities. (ai) Each of the Company it and its Subsidiaries has good title in all material respects to all securities and commodities owned by it (except those sold under repurchase agreements), free and clear of any Lien, except as set forth in the financial statements included in the Company Reports or to the extent such securities or commodities are pledged in the ordinary course of business to secure obligations of the Company it or its Subsidiaries. Such securities and commodities are valued on the books of the Company in accordance with GAAP in all material respects.

Appears in 6 contracts

Samples: Transaction Agreement, Transaction Agreement, Transaction Agreement (Corpbanca/Fi)

Investment Securities and Commodities. (a) Each of the Company and its Subsidiaries each Company Subsidiary has good title in all material respects to all securities and commodities owned by it (except those sold under repurchase agreementsagreements or held in any fiduciary or agency capacity), free and clear of any Lien, except as set forth in the financial statements included in the Company Reports or to the extent such securities or commodities are pledged in the ordinary course of business to secure obligations of the Company or its Subsidiaries. Such securities and commodities are valued on the books of the Company in accordance with GAAP in all material respects.

Appears in 6 contracts

Samples: Transaction Agreement (Banco Bilbao Vizcaya Argentaria, S.A.), Transaction Agreement (Compass Bancshares Inc), Transaction Agreement (Banco Bilbao Vizcaya Argentaria, S.A.)

Investment Securities and Commodities. (a) Each of the Company and its Subsidiaries has good and valid title in all material respects to all securities and commodities owned by it (except those sold under repurchase agreementsagreements as reflected in the Financial Statements), free and clear of any Lien, except as set forth in the financial statements included in the Company Reports or to the extent such securities or commodities are pledged in the ordinary course of business to secure obligations of the Company or its Subsidiaries. Such securities and commodities are valued carried on the books of the Company at values determined in accordance with GAAP in all material respects.

Appears in 5 contracts

Samples: Agreement and Plan of Merger (Oceanfirst Financial Corp), Agreement and Plan of Merger (Oceanfirst Financial Corp), Agreement and Plan of Merger (Two River Bancorp)

Investment Securities and Commodities. (a) Each of the Company and its Subsidiaries has good title in all material respects to all securities and commodities owned by it (except those sold under repurchase agreements), free and clear of any Lien, except as set forth in the financial statements included in the Company Reports or to the extent such securities or commodities are pledged in the ordinary course of business to secure obligations of the Company or its Subsidiaries. Such securities and commodities are valued on the books of the Company in accordance with GAAP in all material respects.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Oceanfirst Financial Corp), Agreement and Plan of Merger (First Interstate Bancsystem Inc), Agreement and Plan of Merger (Cape Bancorp, Inc.)

Investment Securities and Commodities. (a) Each of the Company and its Subsidiaries has good title in all material respects to all securities and commodities owned by it (except those sold under repurchase agreementsagreements or held in any fiduciary or agency capacity), free and clear of any Lien, except as set forth in the financial statements included in the Company Reports or to the extent such securities or commodities are pledged in the ordinary course of business to secure obligations of the Company or its Subsidiaries. Such securities and commodities are valued on the books of the Company in accordance with GAAP in all material respects.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Massbank Corp), Agreement and Plan of Merger (LSB Corp), Agreement and Plan of Merger (People's United Financial, Inc.)

Investment Securities and Commodities. (ai) Each of the Company and its Subsidiaries subsidiaries has good title in all material respects to all securities and commodities owned by it (except those sold under repurchase agreementsagreements or held in any fiduciary or agency capacity), free and clear of any Lien, except as set forth in the financial statements included in the Company Reports or to the extent such securities or commodities are pledged in the ordinary course of business to secure obligations of the Company or its Subsidiariessubsidiaries. Such securities and commodities are valued on the books of the Company in accordance with GAAP in all material respectsGAAP.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Salomon Inc), Agreement and Plan of Merger (Travelers Group Inc)

Investment Securities and Commodities. (a) Each of the Company and its Subsidiaries has good title in all material respects to all securities and commodities owned by it (except those sold under repurchase agreements)) which are material to Company’s business on a consolidated basis, free and clear of any Lien, except as set forth in the financial statements included in the Company Reports or to the extent such securities or commodities are pledged in the ordinary course of business to secure obligations of the Company or its Subsidiaries. Such securities and commodities are valued on the books of the Company in accordance with GAAP in all material respects.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (HomeStreet, Inc.), Agreement and Plan of Merger (Firstsun Capital Bancorp)

Investment Securities and Commodities. (a) Each of the Company Partners and its Subsidiaries has good title in all material respects to all securities and commodities owned by it (except those sold under repurchase agreements), free and clear of any LienLiens, except as set forth in the financial statements included in the Company Partners Reports or to the extent such securities or commodities are pledged in the ordinary course of business to secure obligations of the Company Partners or its Subsidiaries. Such securities and commodities are valued on the books of the Company Partners in accordance with GAAP in all material respects.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Partners Bancorp), Agreement and Plan of Merger (LINKBANCORP, Inc.)

Investment Securities and Commodities. (a) Each of the Company and its Subsidiaries has good and valid title in all material respects to all securities and commodities owned by it (except those sold under repurchase agreements), free and clear of any Lien, except as set forth in the financial statements included in the Company Reports or to the extent such securities or commodities are pledged in the ordinary course of business to secure obligations of the Company or its Subsidiaries. Such securities and commodities are valued carried on the books of the Company at values determined in accordance with GAAP in all material respectsGAAP.

Appears in 1 contract

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

Investment Securities and Commodities. (a) Each of the Company and its Subsidiaries has good title in all material respects to all securities and commodities owned by it (except those sold under repurchase agreements)) which are material to Company’s business on a consolidated basis, free and clear of any Lien, except as set forth in the financial statements included in the Company Reports or to the extent such securities or commodities are pledged in the ordinary course of business to secure obligations of the Company or its Subsidiaries. Such securities and commodities are valued on the books of the Company in accordance with GAAP in all material respects.its

Appears in 1 contract

Samples: Agreement and Plan of Merger (First Horizon Corp)

Investment Securities and Commodities. (a) Each of the Company and its Subsidiaries has good title in all material respects to all securities and commodities owned by it (except those sold under repurchase agreements)) which are material to the Company’s business on a consolidated basis, free and clear of any Lien, except as set forth in the financial statements included in the Company Reports or to the extent such securities or commodities are pledged in the ordinary course of business to secure obligations of the Company or its Subsidiaries. Such securities and commodities are valued on the books of the Company in accordance with GAAP in all material respects.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Investors Bancorp, Inc.)

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Investment Securities and Commodities. (a) Each of the Company Provident and its Subsidiaries has good title in all material respects to all securities and commodities owned by it (except those sold under repurchase agreements), free and clear of any Lien, except as set forth in the financial statements included in the Company Reports or to the extent such securities or commodities are pledged in the ordinary course of business to secure obligations of the Company Provident or its Subsidiaries. Such securities and commodities are valued on the books of the Company Provident in accordance with GAAP in all material respects.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Provident New York Bancorp)

Investment Securities and Commodities. (a) Each of the Company and its Subsidiaries has good title in all material respects to all securities and commodities owned by it (except those sold under repurchase agreements), free and clear of any Lien, except as set forth in the financial statements included in the Company Reports or to the extent such securities or commodities are pledged in the ordinary course of business to secure obligations of the Company or its Subsidiaries. Such securities and commodities are valued on the books of the Company in accordance with GAAP in all material respectsGAAP.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Ocean Shore Holding Co.)

Investment Securities and Commodities. (a) Each of the Company and its the Company Subsidiaries has good title in all material respects to all securities and commodities owned by it (except those sold under repurchase agreements)) which are material to the Company’s business on a consolidated basis, free and clear of any Lien, except as set forth in the financial statements included in the Company Reports or to the extent such securities or commodities are pledged in the ordinary course of business to secure obligations of the Company or its the Company Subsidiaries. Such securities and commodities are valued on the books of the Company in accordance with GAAP in all material respects.

Appears in 1 contract

Samples: Agreement and Plan of Merger (People's United Financial, Inc.)

Investment Securities and Commodities. (a) Each of the Company Provident and its Subsidiaries has good title in all material respects to all securities and commodities owned by it (except those sold under repurchase agreements), free and clear of any LienLiens, except as set forth in the financial statements included in the Company Provident Reports or to the extent such securities or commodities are pledged in the ordinary course of business to secure obligations of the Company Provident or its Subsidiaries. Such securities and commodities are valued on the books of the Company Provident in accordance with GAAP in all material respects.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Lakeland Bancorp Inc)

Investment Securities and Commodities. (a) Each of the Company and its Subsidiaries has good title in all material respects to all securities and commodities owned by it (except those sold under repurchase agreements), free and clear of any Lien, except as set forth in the financial statements included in the Company Reports or to the extent such securities or commodities are pledged in the ordinary course of business to secure obligations of the Company or its Subsidiaries. Such securities and commodities are valued on the books of the Company in accordance with GAAP in all material respects.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Mb Financial Inc /Md)

Investment Securities and Commodities. (a) Each of the Company and its Subsidiaries has good title in all material respects to all securities and commodities owned by it (except those sold under repurchase agreements), free and clear of any Lien, except as set forth in the financial statements included in the Company Reports or to the extent such securities or commodities are pledged in the ordinary course of business to secure obligations of the Company or its Subsidiaries. Such securities and commodities are valued on the books of the Company in accordance with GAAP in all material respectsconsistently applied.

Appears in 1 contract

Samples: Agreement and Plan of Merger (First Commonwealth Financial Corp /Pa/)

Investment Securities and Commodities. (a) Each of the Company and its Subsidiaries has good title in all material respects to all securities and commodities owned by it (except those sold under repurchase agreementsagreements or held in any fiduciary or agency capacity), free and clear of any Lien, except as set forth in the financial statements included in the Company Reports Financial Statements or to the extent such securities or commodities are pledged in the ordinary course of business to secure obligations of the Company or its Subsidiaries. Such securities and commodities are valued on the books of the Company in accordance with GAAP in all material respects.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Td Ameritrade Holding Corp)

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