Opinion of United’s Counsel. United shall have received an opinion of Xxxxxx Rice LLP, counsel to United, in form and substance reasonably satisfactory to United, dated the Effective Date, to the effect that, on the basis of facts, representations and assumptions set forth in such opinion, the Merger will be treated as a “reorganization” under Section 368 of the Code. In rendering its opinion, Xxxxxx Xxxx LLP may require and rely upon representations contained in letters from United, CBTC, officers and employees of United or CBTC, and others, reasonably satisfactory in form and substance to it.
Opinion of United’s Counsel. United shall have received an --------------------------- opinion of Xxxxxx Rice XxXxxxx Xxxxx & Love PLLC, special counsel to United, dated the Effective Date, to the effect that, on the basis of facts, representations and assumptions set forth in such opinion, the Merger constitutes a reorganization under Section 368 of the Code. In rendering its opinion, Xxxxxx Rice XxXxxxx Xxxxx & Love PLLC may require and rely upon representations contained in letters from United and others.
Opinion of United’s Counsel. United shall have received an opinion of Xxxxxx Xxxx LLP, counsel to United, in form and substance reasonably satisfactory to United, dated the Effective Date, to the effect that, on the basis of facts, representations and assumptions set forth in such opinion, the Merger will be treated as a “reorganization” under Section 368 of the Code. In rendering its opinion, Xxxxxx Xxxx LLP may require and rely upon representations contained in letters from United, Piedmont, officers and employees of United or Piedmont, and others, reasonably satisfactory in form and substance to it.
