Common use of Reorganization; Approvals Clause in Contracts

Reorganization; Approvals. As of the date of this Agreement, the Company (a) is not aware of any fact or circumstance that could reasonably be expected to prevent the Merger from qualifying as a “reorganization” within the meaning of Section 368(a) of the Code and (b) knows of no reason why all regulatory approvals from any Governmental Entity required for the consummation of the transactions contemplated by this Agreement should not be obtained on a timely basis.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Patriot Capital Funding, Inc.), Agreement and Plan of Merger (Prospect Capital Corp)

AutoNDA by SimpleDocs

Reorganization; Approvals. As of the date of this Agreement, the Company Fifth Third (a) is not aware of any fact or circumstance that could reasonably be expected to prevent the Merger from qualifying as a “reorganization” within the meaning of Section 368(a) of the Code and (b) knows of no reason why all regulatory approvals from any Governmental Entity required for the consummation of the transactions contemplated by this Agreement should not be obtained on a timely basis.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (First Charter Corp /Nc/), Agreement and Plan of Merger (First Charter Corp /Nc/)

Reorganization; Approvals. As of the date of this Agreement, the Company Vantage (a) is not aware of any fact or circumstance that could reasonably be expected to prevent the Vantage Merger from qualifying as a “reorganization” within the meaning of Section 368(a) of the Code and (b) knows of no reason why all regulatory approvals from any Governmental Entity required for the consummation of the transactions contemplated by this Agreement should not be obtained on a timely basis.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Vantagesouth Bancshares, Inc.), Agreement and Plan of Merger (YADKIN FINANCIAL Corp)

AutoNDA by SimpleDocs

Reorganization; Approvals. As of the date of this Agreement, the Company (a) it is not aware of any fact or circumstance that could reasonably be expected to prevent the Merger from qualifying as a “reorganization” within the meaning of Section 368(a) of the Code and (b) knows of no reason why all regulatory approvals from any Governmental Entity governmental entity required for the consummation of the transactions contemplated by this Agreement should not be obtained on a timely basis.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Bay Banks of Virginia Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.