Common use of Investment Securities Clause in Contracts

Investment Securities. Acquire (other than by way of foreclosures or acquisitions in a bona fide fiduciary capacity or in satisfaction of debts previously contracted in good faith, in each case in the ordinary course of business consistent with past practice) any debt security or Equity Investment other than federal funds or United States Government securities or United States Government agency securities, in each case with a term of one (1) year or less.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Commercial Capital Bancorp Inc), Calnet Shareholder Agreement (Commercial Capital Bancorp Inc), Shareholder Agreement (PCB Bancorp Inc)

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Investment Securities. Acquire or otherwise invest in (other than by way of foreclosures or acquisitions in a bona fide fiduciary capacity or in satisfaction of debts previously contracted in good faith, in each case in the ordinary course of business consistent with past practice) any (i) Equity Investment, or (ii) debt security or Equity Investment other than federal funds or United States Government securities or United States Government agency securities, in each case the ordinary course of business consistent with a term of one (1) year or lesspast practice.

Appears in 4 contracts

Samples: Agreement of Merger (Plumas Bancorp), Agreement and Plan of Reorganization and Merger (BayCom Corp), Agreement and Plan of Reorganization and Merger (First Foundation Inc.)

Investment Securities. Acquire Other than in the ordinary course of business and consistent with past practice, acquire (other than (i) by way of foreclosures or acquisitions in a bona fide fiduciary capacity or (ii) in satisfaction of debts previously contracted in good faith), in each case in the ordinary course sell or otherwise dispose of business consistent with past practice) any debt security or Equity Investment other than federal funds or United States Government securities or United States Government agency securities, in each case with a term of one (1) year or lessequity investment.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Independent Bank Corp), Agreement and Plan of Merger (Lakeland Bancorp Inc), Agreement and Plan of Merger (Independent Bank Corp)

Investment Securities. (i) Acquire (other than by way of foreclosures foreclosure or acquisitions in a bona fide fiduciary capacity or in satisfaction of debts previously contracted in good faith, in each case in the ordinary course of business consistent with past practice) any debt security, collateralized loan obligation or Equity Investment, in each case, other than in the ordinary course of business consistent with past practice, or (ii) dispose of any debt security or Equity Investment Investment, other than federal funds or United States Government securities or United States Government agency securities, in each case the ordinary course of business consistent with a term of one (1) year or lesspast practice.

Appears in 3 contracts

Samples: Shareholder Agreement (Shore Bancshares Inc), Shareholder Agreement (Community Financial Corp /Md/), Agreement and Plan of Reorganization (Pacific Premier Bancorp Inc)

Investment Securities. Acquire or otherwise invest in (other than by way of foreclosures or acquisitions in a bona fide fiduciary capacity or in satisfaction of debts previously contracted in good faith, in each case in the ordinary course of business consistent with past practice) any (i) Equity Investment, or (ii) debt security or Equity Investment other than federal funds or United States Government securities or United States Government agency securitiessecurity, in each case other than in the ordinary course of business consistent with a term of one (1) year or lesspast practice.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (BayCom Corp), Agreement and Plan of Reorganization and Merger (BayCom Corp), Agreement and Plan of Merger (BayCom Corp)

Investment Securities. Acquire (other than by way of foreclosures or acquisitions in a bona fide fiduciary capacity or in satisfaction of debts previously contracted in good faith, in each case in the ordinary course of business consistent with past practice) any debt security or Equity Investment equity investment other than federal funds or United States Government securities or United States Government agency securities, in each case with a term of one (1) year or less.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (First Place Financial Corp /De/), Agreement and Plan of Merger (Camco Financial Corp)

Investment Securities. Acquire (other than by way of foreclosures or acquisitions in a bona fide fiduciary capacity or in satisfaction of debts previously contracted in good faith, in each case in the ordinary course of business consistent with past practice) any debt security or Equity Investment other than federal funds or United States Government securities or United States Government agency securities, in each case with a term of one (1) year or lessInvestment.

Appears in 2 contracts

Samples: Employment Agreement (Vineyard National Bancorp), Shareholder Agreement (Vineyard National Bancorp)

Investment Securities. Acquire Other than in the ordinary course of business and consistent with past practice, acquire (other than (i) by way of foreclosures or acquisitions in a bona fide fiduciary capacity or (ii) in satisfaction of debts previously contracted in good faith), in each case in the ordinary course sell or otherwise dispose of business consistent with past practice) any debt security or Equity Investment other than federal funds equity investment, unless such acquisition, sale or United States Government securities disposal is consented to in writing by Buyer acting through its Treasurer or United States Government agency securities, in each case with a term of one (1) year or lesshis designee(s).

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Peoples Federal Bancshares, Inc.), Agreement and Plan of Merger (Independent Bank Corp)

Investment Securities. Acquire (other than by way of foreclosures or acquisitions in a bona fide fiduciary capacity or in satisfaction of debts previously contracted in good faith, in each case in the ordinary course of business consistent with past practice) any debt security or Equity Investment other than federal funds of a type or United States Government securities or United States Government agency securities, in each case with an amount that is not permissible for a term of one (1) year or lessnational bank.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Bancorp Connecticut Inc), Shareholder Agreement (Banknorth Group Inc/Me)

Investment Securities. Acquire (other than by way of foreclosures or acquisitions in a bona fide fiduciary capacity or in satisfaction of debts previously contracted in good faith, in each case in the ordinary course of business consistent with past practice) any debt security or Equity Investment equity investment other than federal funds or United States Government securities or United States Government agency securities, in each case with a term of one (1) year or less.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (First Place Financial Corp /De/), Agreement and Plan of Merger (Franklin Bancorp Inc Mi)

Investment Securities. Acquire (other than by way of foreclosures or acquisitions in a bona fide fiduciary capacity or in satisfaction of debts previously contracted in good faith, in each case in the ordinary course of business consistent with past practice) (i) any debt security or Equity Investment of a type or in an amount that is not permissible for a national bank or (ii) any other debt security other than federal funds or United States Government securities or United States Government agency securities, in each case the ordinary course of business consistent with a term of one (1) year or lesspast practice.

Appears in 2 contracts

Samples: Shareholder Agreement (Banknorth Group Inc/Me), Shareholder Agreement (Banknorth Group Inc/Me)

Investment Securities. Acquire (i)Acquire (other than by way of foreclosures or acquisitions in a bona fide fiduciary capacity or in satisfaction of debts previously contracted in good faith, in each case in the ordinary course of business consistent with past practice) any debt security or Equity Investment other than federal funds or United States Government securities (ii) except for sales of Designated Securities, dispose of any debt security or United States Government agency securities, in each case with a term of one (1) year or lessEquity Investment.

Appears in 1 contract

Samples: Shareholder Agreement (Pacific Premier Bancorp Inc)

Investment Securities. Acquire (other than by way of foreclosures or --------------------- acquisitions in a bona fide fiduciary capacity or in satisfaction of debts previously contracted in good faith, in each case in the ordinary course of business consistent with past practice) any debt security or Equity Investment other than federal funds equity investment that is not rated investment grade or United States Government better or which would be considered "high risk" securities or United States Government agency securitiesunder applicable regulatory pronouncements, in each case purchased in the ordinary course of business consistent with a term of one (1) year or lesspast practice.

Appears in 1 contract

Samples: Shareholder Agreement (Chester Valley Bancorp Inc)

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Investment Securities. Acquire (other than by way of foreclosures or acquisitions in a bona fide fiduciary capacity or in satisfaction of debts previously contracted in good faith, in each case case, in the ordinary course of business the Business consistent with past practice) any debt security or Equity Investment other than federal funds or United States Government securities or United States Government agency securities, in each case with a term of one (1) year or lessInvestment.

Appears in 1 contract

Samples: Stock Purchase Agreement (First Community Bancshares Inc /Nv/)

Investment Securities. (i) Acquire (other than by way of foreclosures or acquisitions in a bona fide fiduciary capacity or in satisfaction of debts previously contracted in good faith, in each case in the ordinary course of business consistent with past practice) any debt security or Equity Investment other than federal funds or United States Government securities (ii) dispose of any debt security or United States Government agency securities, in each case with a term of one Equity Investment. (1) year or less.s)

Appears in 1 contract

Samples: Execution Copy Agreement and Plan of Reorganization (Pacific Premier Bancorp Inc)

Investment Securities. Acquire (other than by way of foreclosures or acquisitions in a bona fide fiduciary capacity or in satisfaction of debts previously contracted in good faith, in each case in the ordinary course of business consistent with past practice) any debt security or Equity Investment other than federal funds or United States Government securities or United States Government agency securitiesInvestment, except in each case the ordinary course of business consistent with a term of one (1) year or lesspast practice.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (MortgageIT Holdings, Inc.)

Investment Securities. Acquire (other than by way of foreclosures or acquisitions in a bona fide fiduciary capacity or in satisfaction of debts previously contracted in good faith, in each case in the ordinary course of business consistent with past practice) any debt security or Equity Investment other than federal funds equity investment that is not rated investment grade or United States Government better or which would be considered “high risk” securities or United States Government agency securitiesunder applicable regulatory pronouncements, in each case purchased in the ordinary course of business consistent with a term of one (1) year or lesspast practice.

Appears in 1 contract

Samples: Shareholder Agreement (Willow Grove Bancorp Inc/New)

Investment Securities. (i) Acquire (other than by way of foreclosures default or acquisitions in a bona fide fiduciary capacity or in satisfaction of debts previously contracted in good faith, in each case in the ordinary course of business consistent with past practice) any debt security, collateralized loan obligation or Equity Investment that would result in the total combined securities portfolio from exceeding 10% of consolidated assets or (ii) dispose of any debt security or Equity Investment other than federal funds or United States Government securities or United States Government agency securities, in each case with a term of one (1) year or lessInvestment.

Appears in 1 contract

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

Investment Securities. Acquire (other than by way of ----------------------- foreclosures or acquisitions in a bona fide fiduciary capacity or in satisfaction of debts previously contracted in good faith, in each case in the ordinary course of business consistent with past practice) (i) any debt security or Equity Investment of a type or in an amount that is not permissible for a national bank or (ii) any other debt security other than federal funds or United States Government securities or United States Government agency securities, in each case the ordinary course of business consistent with a term of one (1) year or lesspast practice.

Appears in 1 contract

Samples: Shareholder Agreement (American Financial Holdings Inc)

Investment Securities. Acquire (other than by way of foreclosures or acquisitions in a bona fide fiduciary capacity or in satisfaction of debts previously contracted in good faith, in each case case, in the ordinary course of business consistent with past practice) any debt security or Equity Investment other than federal funds or United States Government securities or United States Government agency securities, in each case with a term of one (1) year or lessInvestment.

Appears in 1 contract

Samples: Employment Agreement (First Community Bancshares Inc /Nv/)

Investment Securities. Acquire Other than in the ordinary course of business consistent with past practice, acquire (other than by way of (i) foreclosures or (ii) acquisitions of control in a bona fide fiduciary capacity or (iii) in satisfaction of debts previously contracted in good faith, in each case in the ordinary and usual course of business consistent with past practice) any debt security or Equity Investment other than federal funds or United States Government securities or United States Government agency or government sponsored enterprise securities, in each case with a term of one (1) year or less.

Appears in 1 contract

Samples: Stock Purchase Agreement (R&g Financial Corp)

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