Reorganization; Approvals. As of the date of this Agreement, Target (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 5 contracts
Samples: Merger Agreement (Park Sterling Corp), Merger Agreement (First Capital Bancorp, Inc.), Merger Agreement (Park Sterling Corp)
