Common use of Accounting, Tax and Regulatory Matters Clause in Contracts

Accounting, Tax and Regulatory Matters. Neither Buyer nor any of its Subsidiaries has taken any action or has any Knowledge of any fact or circumstance that is reasonably likely to (i) prevent the transactions provided for herein, including the Merger, from qualifying as a reorganization within the meaning of Section 368(a) of the Code, or (ii) materially impede or delay receipt of any Consents of Agencies referred to in subsection 8.2 of this Agreement.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Community Bancshares Inc /De/), Agreement and Plan of Merger (Superior Bancorp), Agreement and Plan of Merger (Banc Corp)

AutoNDA by SimpleDocs

Accounting, Tax and Regulatory Matters. Neither Buyer nor any of its Subsidiaries has taken any action or has any Knowledge of any fact or circumstance that is reasonably likely to (i) prevent the transactions provided for herein, including the Merger, from qualifying as a reorganization within the meaning of Section 368(a) of the CodeIRC, or (ii) materially impede or delay receipt of any Consents of Agencies referred to in subsection 8.2 of this Agreement.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Kensington Bankshares Inc), Agreement and Plan of Merger (Kensington Bankshares Inc), Agreement and Plan of Merger (Banc Corp)

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