Common use of Tax Opinions Clause in Contracts

Tax Opinions. JHVIT shall have received one or more opinions of K&L Gates LLP, dated on or before the Effective Time of the Reorganization, addressed to and in form and substance satisfactory to JHVIT, that, assuming the variable contracts and the insurance companies issuing them are properly structured under the insurance company provisions of the Code, the Reorganization will not be a taxable event for contract owners whose contract values are determined by investment in shares of the Acquired Fund (the “Tax Opinions”). For purposes of rendering its opinion, K&L Gates LLP may rely exclusively and without independent verification, as to factual matters, on the statements made in the Plan, the Prospectus and SAI, and on such other written representations verified as of the Effective Time of the Reorganization.

Appears in 9 contracts

Samples: Agreement and Plan of Reorganization (John Hancock Variable Insurance Trust), Agreement and Plan of Reorganization (John Hancock Variable Insurance Trust), Agreement and Plan of Reorganization (John Hancock Variable Insurance Trust)

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Tax Opinions. JHVIT shall have received one or more opinions of K&L Gates Dechert LLP, dated on or before the Effective Time of the Reorganization, addressed to and in form and substance satisfactory to JHVIT, JHVIT that, assuming the variable contracts and the insurance companies issuing them are properly structured under the insurance company provisions of the Code, the Reorganization will not be a taxable event for contract owners whose contract values are determined by investment in shares of the Acquired Fund (the “Tax Opinions”). For purposes of rendering its opinion, K&L Gates Dechert LLP may rely exclusively and without independent verification, as to factual matters, on the statements made in the Plan, the Prospectus and SAI, and on such other written representations verified as of the Effective Time of the Reorganization.

Appears in 2 contracts

Samples: Form of Agreement and Plan of Reorganization (John Hancock Variable Insurance Trust), Form of Agreement (John Hancock Variable Insurance Trust)

Tax Opinions. JHVIT shall have received one or more opinions of K&L Gates Dechert LLP, dated on or before the Effective Time of the Reorganization, addressed to and in form and substance satisfactory to JHVIT, JHVIT that, assuming the variable contracts and the insurance companies issuing them are properly structured under the insurance company provisions of the Code, the Reorganization will not be a taxable event for contract owners whose contract values are determined by investment in shares of the Acquired Fund (the "Tax Opinions"). For purposes of rendering its opinion, K&L Gates Dechert LLP may rely exclusively and without independent verification, as to factual matters, on the statements made in the Plan, the Prospectus and SAIStatement of Additional Information, and on such other written representations verified as of the Effective Time of the Reorganization.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (John Hancock Variable Insurance Trust)

Tax Opinions. JHVIT shall have received one or more opinions of K&L Gates Dechert LLP, dated on or before the Effective Time of the Reorganization, addressed to and in form and substance satisfactory to JHVIT, that, assuming the variable contracts and the insurance companies issuing them are properly structured under the insurance company provisions of the Code, the Reorganization will not be a taxable event for contract owners whose contract values are determined by investment in shares of the Acquired Fund (the “Tax Opinions”). For purposes of rendering its opinion, K&L Gates Dechert LLP may rely exclusively and without independent verification, as to factual matters, on the statements made in the Plan, the Prospectus and SAI, and on such other written representations verified as of the Effective Time of the Reorganization.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (John Hancock Variable Insurance Trust)

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Tax Opinions. JHVIT shall have received one or more opinions of K&L Gates Dechert LLP, dated on or before the Effective Time of the Reorganization, addressed to and in form and substance satisfactory to JHVIT, that, assuming the variable contracts and the insurance companies issuing them are properly structured under the insurance company provisions of the Code, the Reorganization will not be a taxable event for contract owners whose contract values are determined by investment in shares of the Acquired Fund (the “Tax Opinions”). For for purposes of rendering its opinion, K&L Gates Dechert LLP may rely exclusively and without independent verification, as to factual matters, on the statements made in the Plan, the Prospectus and SAI, and on such other written representations verified as of the Effective Time of the Reorganization.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (John Hancock Variable Insurance Trust)

Tax Opinions. JHVIT shall have received one or more opinions of K&L Gates Dechert LLP, dated on or before the Effective Time of the Reorganization, addressed to and in form and substance satisfactory to JHVIT, JHVIT that, assuming the variable contracts and the insurance companies issuing them are properly structured under the insurance company provisions of the Code, the Reorganization will not be a taxable event for contract owners whose contract values are determined by investment in shares of the Acquired Fund (the "Tax Opinions"). For purposes of rendering its opinion, K&L Gates Dechert LLP may rely exclusively and without independent verification, as to factual matters, on the statements made in the Plan, the Prospectus and SAIStatement of Additional Information, and on such other written representations as a senior officer of JHVIT will have verified as of the Effective Time of the Reorganization.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (John Hancock Variable Insurance Trust)

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