Accounting and Tax Treatment. Each of the Parties undertakes and agrees to use its reasonable efforts to cause the Merger, and to take no action which would cause the Merger not, to qualify for treatment as a pooling of interests for accounting purposes or as a "reorganization" within the meaning of Section 368(a) of the Internal Revenue Code for federal income tax purposes.
Appears in 11 contracts
Samples: Stock Option Agreement (Bryan Bancorp of Georgia Inc), Agreement and Plan of Reorganization (Union Planters Corp), Stock Option Agreement (Savannah Bancorp Inc)
Accounting and Tax Treatment. Each of the Parties undertakes and agrees to use its reasonable efforts to cause the Merger, and to take no action which would cause the Merger not, to qualify for pooling-of-interests accounting treatment as a pooling of interests for accounting purposes or and treatment as a "reorganization" within the meaning of Section 368(a) of the Internal Revenue Code for federal income tax purposes.
Appears in 9 contracts
Samples: Agreement and Plan of Merger (Bankers First Corp), Agreement and Plan of Reorganization (Capital Savings Bancorp Inc), Agreement and Plan of Reorganization (Union Planters Corp)
Accounting and Tax Treatment. Each of the Parties undertakes and agrees to use its reasonable efforts to cause the MergerMerger to, and to take no action which would cause the Merger notnot to, to qualify for treatment as a pooling of interests for accounting purposes or treatment and as a "reorganization" within the meaning of Section 368(a) of the Internal Revenue Code for federal income tax purposes.
Appears in 7 contracts
Samples: Agreement and Plan of Merger (Flag Financial Corp), Agreement and Plan of Merger (Flag Financial Corp), Agreement and Plan of Merger (Flag Financial Corp)
Accounting and Tax Treatment. Each of the Parties undertakes and agrees to use its reasonable best efforts to cause the Merger, and to take no action which would cause the Merger not, to qualify for treatment as a pooling of interests for accounting purposes or as a "reorganization" within the meaning of Section 368(a) of the Internal Revenue Code for federal income tax purposes.
Appears in 4 contracts
Samples: Agreement and Plan of Merger (First Premier Financial Corp), Agreement and Plan of Merger (Florida Banks Inc), Agreement and Plan of Merger (Florida Banks Inc)
Accounting and Tax Treatment. Each of the Parties undertakes and agrees to use its reasonable efforts to cause the MergerMerger to qualify, and to take no action which would cause the Merger notnot to qualify, to qualify for treatment as a pooling of interests for accounting purposes or as a "reorganization" within the meaning of Section 368(a) of the Internal Revenue Code for federal income tax purposes.
Appears in 3 contracts
Samples: Agreement and Plan of Reorganization (Gb&t Bancshares Inc), Agreement and Plan of Reorganization (Southern Heritage Bancorp Inc), Agreement and Plan of Reorganization (Mountain Bancshares Inc)
Accounting and Tax Treatment. Each of the Parties undertakes and agrees to use its reasonable efforts to cause the MergerMergers, and to use its reasonable efforts to take no action which would cause the Merger Mergers not, to qualify for treatment as a pooling of interests for accounting purposes or as a "reorganization" within the meaning of Section 368(a) of the Internal Revenue Code for federal income tax purposes.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Capital City Bank Group Inc), Agreement and Plan of Merger (Capital City Bank Group Inc)
Accounting and Tax Treatment. Each of the Parties undertakes and agrees to use its reasonable efforts to cause the Merger, and to use its reasonable efforts to take no action which would cause the Merger not, to qualify for treatment as a pooling of interests for accounting purposes or as a "reorganization" within the meaning of Section 368(a) of the Internal Revenue Code for federal income tax purposes.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Seacoast Banking Corp of Florida), Agreement and Plan of Merger (Port St Lucie National Bank Holding Corp)
Accounting and Tax Treatment. Each of the Parties undertakes and ---------------------------- agrees to use its reasonable efforts to cause the Merger, and to take no action which would cause the Merger not, to qualify for treatment as a pooling of interests for accounting purposes or as a "reorganization" within the meaning of Section 368(a) of the Internal Revenue Code for federal income tax purposes.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Acsys Inc), Agreement and Plan of Merger (First Southern Bankshares Inc/Ga)
Accounting and Tax Treatment. Each of the Parties undertakes and agrees to use its reasonable efforts to cause the MergerMerger to qualify, and to take no action which would cause the Merger notnot to qualify, to qualify for treatment as a pooling of interests for accounting purposes or and as a "reorganization" within the meaning of Section 368(a) of the Internal Revenue Code for federal income tax purposes.
Appears in 2 contracts
Samples: Agreement and Plan of Reorganization (Triangle Bancorp Inc), Agreement and Plan of Reorganization (Triangle Bancorp Inc)
Accounting and Tax Treatment. Each of the Parties undertakes and agrees to use its reasonable efforts to cause the MergerMerger to qualify, and to take no action which would cause the Merger notnot to qualify, to qualify for treatment as a pooling of interests for accounting purposes or as a "reorganization" within the meaning of Section 368(a) of the Internal Revenue Code for federal income tax purposes. Each of the Parties further undertakes and agrees to use its reasonable best efforts to cause the Merger to be eligible, and to take no action which would cause the Merger not to be accounted for as a "pooling of interests" for accounting treatment.
Appears in 2 contracts
Samples: Agreement and Plan of Reorganization (Gb&t Bancshares Inc), Agreement and Plan (Community Trust Financial Services Corporation)
Accounting and Tax Treatment. Each of the Parties undertakes and agrees to use its commercially reasonable best efforts to cause the Merger, and to take no action which would cause the Merger not, to qualify for "pooling-of-interests" accounting treatment as a pooling consistent with GAAP and the rules and regulations of interests for accounting purposes or the SEC and treatment as a "reorganization" within the meaning of Section 368(a) of the Internal Revenue Code for federal income tax purposes.
Appears in 2 contracts
Samples: Agreement and Plan of Reorganization and Merger (LSB Bancshares Inc /Nc/), Agreement and Plan of Reorganization and Merger (LSB Bancshares Inc /Nc/)
Accounting and Tax Treatment. Each of the Parties undertakes and agrees to use its commercially reasonable efforts to cause the Merger, and to take no action which would cause the Merger not, to qualify for treatment as a pooling of interests for accounting purposes or as a "reorganization" within the meaning of Section 368(a) of the Internal Revenue Code for federal income tax purposes.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Gulf South Medical Supply Inc), Agreement and Plan of Merger (Gulf South Medical Supply Inc)
Accounting and Tax Treatment. Each of the Parties undertakes and agrees to use its reasonable efforts to cause the Merger, and to take no action which would cause the Merger not, to qualify for treatment as a pooling of pooling-of-interests for accounting purposes or as a "reorganization" within the meaning of Section 368(a) of the Internal Revenue Code for federal income tax purposes.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Union Planters Corp)
Accounting and Tax Treatment. Each of the Parties undertakes and agrees to use its reasonable efforts to cause the MergerMergers, and to use its reasonable efforts to take no action which would cause the Merger Mergers not, to qualify for treatment as a pooling of interests for accounting purposes or as a "“reorganization" ” within the meaning of Section 368(a) of the Internal Revenue Code for federal income tax purposes.
Appears in 1 contract
Samples: Agreement and Plan of Merger (1st United Bancorp, Inc.)
Accounting and Tax Treatment. Each of the Parties undertakes and ---------------------------- agrees to use its reasonable efforts to cause the Merger, Merger and to take no action which would cause the Merger not, not to qualify for treatment as a pooling of interests for accounting purposes or as a "reorganization" within the meaning of Section 368(a) of the Internal Revenue Code for federal income tax purposes. The Merger will be accounted for as a purchase transaction.
Appears in 1 contract
Accounting and Tax Treatment. Each of the Parties undertakes and agrees to use its reasonable efforts to cause the Merger, and to take no action which would cause the Merger not, to qualify for treatment as a pooling of interests for accounting purposes or as a "reorganization" within the meaning of Section 368(a) of the Internal Revenue Code for federal income tax purposes. Southwest undertakes and agrees to use its reasonable efforts to cause the Merger, and to take no action that would cause the Merger not, to qualify for pooling-of-interests accounting treatment.
Appears in 1 contract
Accounting and Tax Treatment. Each of the Parties undertakes and ------------------------------- agrees to use its reasonable efforts to cause the MergerMerger to qualify, and to take no action which would cause the Merger notnot to qualify, to qualify for treatment as a pooling of interests for accounting purposes or as a "reorganization" within the meaning of Section 368(a) of the Internal Revenue Code for federal income tax purposes.
Appears in 1 contract
Accounting and Tax Treatment. Each of the Parties undertakes and agrees to use its reasonable efforts to cause the Merger, and to take no action which would cause the Merger not, to qualify for pooling-of-interests accounting treatment and treatment as a pooling of interests for accounting purposes or as a "reorganization" within the meaning of Section 368(a) of the Internal Revenue Code for federal income tax purposes.a
Appears in 1 contract
Accounting and Tax Treatment. Each of the Parties undertakes and agrees to use its reasonable efforts to cause the MergerMerger to, and to take no action which would cause the Merger notnot to, to qualify for treatment as a pooling of interests for accounting purposes or treatment and as a "reorganization" within the meaning of Section 368(a) of the Internal Revenue Code for federal income tax purposes.. 8.11
Appears in 1 contract
Accounting and Tax Treatment. Each of the Parties undertakes and agrees to use its reasonable efforts to cause the MergerMerger to qualify, and to take no action which would cause the Merger notnot to qualify, to qualify for treatment as a pooling of interests for accounting purposes or as a "“reorganization" ” within the meaning of Section 368(a) of the Internal Revenue Code for federal income tax purposes.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Gb&t Bancshares Inc)
Accounting and Tax Treatment. Each of the Parties parties undertakes and agrees to use its reasonable efforts to cause the Merger, and to take no action which would cause the Merger not, to qualify for treatment as a pooling of interests for accounting purposes or and each of the parties agrees to take no action which would cause the Merger not to qualify as a "reorganization" within the meaning of Section 368(a) of the Internal Revenue Code for federal income tax purposes.
Appears in 1 contract
Accounting and Tax Treatment. Each of the Parties undertakes and agrees to use its reasonable efforts to cause the MergerMergers, and to use its reasonable efforts to take no action which would cause the Merger Mergers not, to qualify for treatment as a pooling of interests for accounting purposes or as a "reorganization" within the meaning of Section 368(a) of the Internal Revenue Code for federal income tax purposes.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Capital City Bank Group Inc)
Accounting and Tax Treatment. Each of the Parties undertakes and ---------------------------- agrees to use its reasonable efforts to cause the Merger, and to take no action which would cause the Merger not, to qualify for treatment as a pooling of interests for accounting purposes or as a "reorganization" within the -------------- meaning of Section 368(a) of the Internal Revenue Code for federal income tax purposes.
Appears in 1 contract
Accounting and Tax Treatment. Each Notwithstanding anything to the ---------------------------- contrary in this Agreement, each of the Parties undertakes and agrees to use its reasonable efforts to cause the Merger, and to take no action which would cause the Merger not, to qualify for treatment as a pooling of interests for accounting purposes or as a "reorganization" within the meaning of Section 368(a) of the Internal Revenue Code for federal income tax purposes.
Appears in 1 contract
Accounting and Tax Treatment. Each of the Parties undertakes and ---------------------------- agrees to use its reasonable efforts to cause the Merger, and to take no action which would cause the Merger not, to qualify for treatment as a pooling of interests for accounting purposes or as a "reorganization" within the meaning of Section 368(a) of the Internal Revenue Code for federal income tax purposes.
Appears in 1 contract
Accounting and Tax Treatment. Each of the Parties undertakes and agrees to use its reasonable best efforts to cause the Merger, and to take no action which would cause the Merger not, to qualify for pooling-of-interests accounting treatment as a pooling of interests for accounting purposes or and treatment as a "reorganization" within the meaning of Section 368(a) of the Internal Revenue Code for federal income tax purposes.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Physician Sales & Service Inc /Fl/)
Accounting and Tax Treatment. Each of the Parties parties hereto undertakes ---------------------------- and agrees to use its reasonable efforts to cause the MergerMergers, and to take no action which would cause the Merger Mergers not, to qualify for treatment as a pooling of interests for accounting purposes or as a "reorganization" within the meaning of Section 368(a368(c) of the Internal Revenue Code for federal income tax purposes.
Appears in 1 contract
Accounting and Tax Treatment. Each of the Parties undertakes and agrees to use its reasonable efforts to cause the Merger, and to take no action which would cause the Merger not, to qualify for treatment as a pooling of interests for accounting purposes or and each of the Parties agrees to take no action which would cause the Merger not to qualify as a "reorganization" within the meaning of Section 368(a) of the Internal Revenue Code for federal income tax purposes.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Healtheon Corp)
