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

Accounting, Tax and Regulatory Matters. To the Knowledge of the Buyer, none of the Buyer or any of its Subsidiaries has taken or agreed to take any action, that could reasonably be expected to (i) prevent the transactions contemplated hereby, 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 Regulatory Authorities referred to in Section 8.1(b) of this Agreement.

Appears in 2 contracts

Samples: Merger Agreement (Capital Bank Corp), Merger Agreement (High Street Corp)

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Accounting, Tax and Regulatory Matters. To the Knowledge of the Buyer, none of the Buyer or any of its Subsidiaries has taken or agreed to take any action, that could reasonably be expected to (ia) prevent the transactions contemplated hereby, including the Merger, from qualifying as a reorganization within the meaning of Section 368(a) of the Code, or (iib) Materially impede or delay receipt of any Consents of Regulatory Authorities referred to in Section 8.1(b) 8.1 of this Agreement.

Appears in 2 contracts

Samples: Merger Agreement (Capital Bank Corp), Merger Agreement (1st State Bancorp Inc)

Accounting, Tax and Regulatory Matters. To the Knowledge of the Buyer, none of the Buyer or it subsidiaries or any of its Subsidiaries Affiliate thereof has taken or agreed to take any action, that could reasonably be expected to (i) prevent the transactions contemplated hereby, including the Merger, Merger from qualifying as a reorganization within the meaning of Section 368(a) of the Internal Revenue Code, or (ii) Materially impede or delay receipt of any Consents of Regulatory Authorities referred to in Section 8.1(bSECTION 8.1(B) of this Agreement.

Appears in 1 contract

Samples: Merger Agreement (First Bancorp /Nc/)

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Accounting, Tax and Regulatory Matters. To the Knowledge of the Buyer, none of the Buyer or it subsidiaries or any of its Subsidiaries Affiliate thereof has taken or agreed to take any action, that could reasonably be expected to (i) prevent the transactions contemplated hereby, including the Merger, Merger from qualifying as a reorganization within the meaning of Section 368(a) of the Internal Revenue Code, or (ii) Materially impede or delay receipt of any Consents of Regulatory Authorities referred to in Section 8.1(b) of this Agreement.

Appears in 1 contract

Samples: Merger Agreement (First Bancorp /Nc/)

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