Common use of Derivatives Clause in Contracts

Derivatives. Neither the Company nor any of its subsidiaries is currently a party to any interest rate swap, cap, floor, option agreement, other interest rate risk management arrangement or agreement or derivative-type security or derivative arrangement or agreement.

Appears in 6 contracts

Sources: Merger Agreement (Citizens Banking Corp), Merger Agreement (F&m Bancorporation Inc), Merger Agreement (Citizens Banking Corp)

Derivatives. Neither the The Company nor any of its subsidiaries is not currently a party to any interest rate swap, cap, floor, option agreement, other interest rate risk management arrangement or agreement or derivative-type security or derivative arrangement or agreement.

Appears in 2 contracts

Sources: Merger Agreement (Western Bancorp), Merger Agreement (Western Bancorp)

Derivatives. Neither the Company Acquiror nor any of its subsidiaries is currently a party to any interest rate swap, cap, floor, option agreement, other interest rate risk management arrangement or agreement or derivative-type security or derivative arrangement or agreement.

Appears in 2 contracts

Sources: Merger Agreement (Monarch Bancorp), Merger Agreement (Sc Bancorp)

Derivatives. Neither the Company nor any either of its subsidiaries Subsidiaries is currently a party to any interest rate swap, cap, floor, option agreement, other interest rate risk management arrangement or agreement or derivative-type security or derivative arrangement or agreement.

Appears in 1 contract

Sources: Agreement and Plan of Merger (Monarch Bancorp)