Common use of Intentions of the Parties Clause in Contracts

Intentions of the Parties. It is the intention of the parties to this Agreement that the business combination contemplated hereby be accounted for under the purchase accounting method and be treated as a “reorganization” under Section 368(a) of the Internal Revenue Code of 1986, as amended (“Code”).

Appears in 1 contract

Samples: Merger Agreement (RBB Bancorp)

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Intentions of the Parties. It is the intention of the parties to this Agreement Plan that the business combination contemplated hereby be accounted for under the purchase "pooling-of-interests" accounting method and be treated as a "reorganization" under Section 368(a) 368 of the Internal Revenue Code of 1986, 1986 as amended (the "Code").

Appears in 1 contract

Samples: Merger Agreement (First Union Corp)

Intentions of the Parties. It is the intention of the parties to this Agreement that the business combination combinations contemplated hereby be accounted for under the purchase "pooling-of-interests" accounting method and that each be treated as a "reorganization" under Section 368(a) of the Internal Revenue Code of 1986, as amended (the "Code").

Appears in 1 contract

Samples: Merger Agreement (First Western Bancorp Inc)

Intentions of the Parties. It is the intention of the parties to this Agreement that the business combination contemplated hereby be considered a merger of equals and be accounted for under the purchase "pooling-of-interests" accounting method and be treated as a "reorganization" under Section 368(a) 368 of the Internal Revenue Code of 1986, as amended 1986 (the "Code").

Appears in 1 contract

Samples: Merger Agreement (South Branch Valley Bancorp Inc)

Intentions of the Parties. It is the intention of the parties to this Agreement that the business combination combinations contemplated hereby be accounted for under the purchase "pooling-of-interests" accounting method and that each be treated as a "reorganization" under Section 368(a) of the Internal Revenue Code of 1986, as amended (“Code”the "CODE").

Appears in 1 contract

Samples: Merger Agreement (Citizens & Northern Corp)

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Intentions of the Parties. It is the intention of the parties to this Agreement that the business combination contemplated hereby be accounted for under the purchase "pooling-of-interests" accounting method and be treated as a "reorganization" under Section 368(a) 368 of the Internal Revenue Code of 1986, as amended 1986 (“Code”the "CODE").. E.

Appears in 1 contract

Samples: Agreement and Plan of Merger (United Bankshares Inc/Wv)

Intentions of the Parties. It is the intention of the parties to this Agreement that the business combination contemplated hereby be accounted for under the purchase pooling of interest accounting method (but such accounting treatment shall not be a condition precedent to closing) and be treated as a "reorganization" under Section 368(a) 368 of the Internal Revenue Code of 1986, as amended 1986 (the "Code").

Appears in 1 contract

Samples: Merger Agreement (Wachovia Corp/ Nc)

Intentions of the Parties. It is the intention of the parties to this Agreement that the business combination contemplated hereby be accounted for under the purchase "pooling-of-interests" accounting method and be treated as a "reorganization" under Section 368(a) 368 of the Internal Revenue Code of 1986, as amended 1986 (“Code”the "CODE").

Appears in 1 contract

Samples: Agreement and Plan of Merger (Fed One Bancorp Inc)

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