Common use of Reliance Letters Clause in Contracts

Reliance Letters. The Shareholders shall have received letters addressed to them by Arthxx Xxxexxxx XXX and Chamberlain, Hrdlicka, White, Willxxxx & Xartxx, xxrmitting the shareholders to rely on the comfort or opinion letters to be delivered by those firms to the underwriters at the closing of the IPO, to the extent such letters bear upon tax matters relating to the Merger, and the accuracy or completeness of the Registration Statement or its compliance with the Securities Act and other applicable law.

Reliance Letters. The Shareholders shall have received letters addressed to them by Arthxx Xxxexxxx XXX and Chamberlain, Hrdlicka, White, Willxxxx & Xartxx, xxrmitting the shareholders to rely on the comfort or opinion letters to be delivered by those firms to the underwriters at the closing of the IPO, to the extent such letters bear upon tax matters relating to the Merger, and the accuracy or completeness of the Registration Statement or its compliance with the Securities Act and other applicable law.