Common use of Tax-Free Reorganization Treatment Clause in Contracts

Tax-Free Reorganization Treatment. Acquiror has not taken or agreed to take any action and has no knowledge of any fact, agreement, plan or other circumstance that is reasonably likely to prevent or impede the Merger from qualifying as a “reorganization” under Section 368(a) of the Code.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (People's United Financial, Inc.), Agreement and Plan of Merger (Danvers Bancorp, Inc.), Agreement and Plan of Merger (People's United Financial, Inc.)

AutoNDA by SimpleDocs

Tax-Free Reorganization Treatment. Neither Acquiror nor Merger Sub has not taken or agreed to take any action and has no any knowledge of any fact, agreement, plan or other circumstance that is reasonably likely to prevent or impede the Merger from qualifying as a “reorganization” under Section 368(a) of the Code.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (optionsXpress Holdings, Inc.), Agreement and Plan of Merger (Schwab Charles Corp)

AutoNDA by SimpleDocs

Tax-Free Reorganization Treatment. Acquiror has not taken or agreed to take any action and has no knowledge of any fact, agreement, plan or other circumstance that is reasonably likely to prevent or impede the Merger from qualifying as a "reorganization" under Section 368(a) of the Code.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Financial Federal Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.