Common use of Reorganization Treatment Clause in Contracts

Reorganization Treatment. As of the date hereof, neither it nor any of its Subsidiaries has any reason to believe that any conditions exist that would reasonably be expected to prevent or impede the Merger or the Bank Merger from qualifying as a reorganization within the meaning of Section 368(a) of the Code.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (First Niagara Financial Group Inc), Agreement and Plan of Merger (Newalliance Bancshares Inc)

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Reorganization Treatment. As of the date hereof, neither it Xxxxxxx nor any of its Subsidiaries Xxxxxxx Subsidiary has any reason to believe that any conditions exist that would reasonably be expected to prevent or impede the Merger or the Bank Merger from qualifying as a reorganization within the meaning of Section 368(a) of the Code.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Norwood Financial Corp), Agreement and Plan of Merger (Norwood Financial Corp)

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Reorganization Treatment. As of the date hereof, neither it Xxxxxxx nor any of its Subsidiaries subsidiaries has any reason to believe that any conditions exist that would reasonably be expected to prevent or impede the Merger or the Bank Merger from qualifying as a reorganization within the meaning of Section 368(a) of the Code.

Appears in 2 contracts

Samples: Employment Agreement (Norwood Financial Corp), Agreement and Plan of Merger (North Penn Bancorp Inc)

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