LIENS; ENCUMBRANCES. Mortgage, pledge or subject any of its assets to, or permit any of its assets to become or, except for those liens or encumbrances Previously Disclosed to 1st Financial, remain subject to, any lien or any other encumbrance (other than in the ordinary course of business consistent with its past practices in connection with securing public funds deposits, repurchase agreements, or Federal Home Loan Bank borrowings).
Appears in 3 contracts
Sources: Merger Agreement (1st Financial Services CORP), Merger Agreement (AB&T Financial CORP), Merger Agreement (1st Financial Services CORP)
LIENS; ENCUMBRANCES. Mortgage, pledge or subject any of its assets to, or permit any of its assets to become or, except for or (with the exception of those liens or and encumbrances Previously Disclosed to 1st Financial, specifically described in the BBI Disclosure Statement) remain subject to, any lien or any other encumbrance (other than in the ordinary course of business consistent with its past practices in connection with securing of public funds funds, deposits, repurchase agreements, agreements or Federal Home Loan Bank borrowingsother similar operating matters).
Appears in 2 contracts
Sources: Merger Agreement (Horizon Bancorp Inc /Wv/), Merger Agreement (Beckley Bancorp Inc)
LIENS; ENCUMBRANCES. Mortgage, pledge or subject any of its assets to, or permit any of its assets to become or, except for those liens or encumbrances Previously Disclosed to 1st FinancialACB, remain subject to, any lien or any other encumbrance (other than in the ordinary course of business consistent with its past practices in connection with securing public funds deposits, repurchase agreements, or Federal Home Loan Bank borrowings).
Appears in 2 contracts
Sources: Merger Agreement (FNB Bancshares Inc /Sc/), Merger Agreement (American Community Bancshares Inc)