Common use of Determination Letters Clause in Contracts

Determination Letters. Except as set forth in Section 4.12(d) of the Company Disclosure Schedule or as is not reasonably likely to result in a Company Material Adverse Effect, (i) each Company Plan intended to be qualified under Section 401(a) of the Code has received a favorable determination letter from the Internal Revenue Service with respect to the Tax Reform Act of 1986 and other applicable Laws, or an application was filed for such determination letter on a timely basis, and (ii) nothing has occurred from the date of such letter or such filing that could reasonably be expected to affect the qualified status of such Company Plan.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Textron Inc), Agreement and Plan of Merger (Provident Companies Inc), Agreement and Plan of Merger (Revere Paul Corp /Ma/)

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