Reorganization Status. Each party hereto agrees, as to itself and to each of its Subsidiaries, that after the date hereof and prior to the Effective Time or earlier termination of this Agreement, except as expressly contemplated or permitted in this Agreement, neither party hereto shall, nor shall either party hereto permit any of its Subsidiaries or any employees, officers or directors of such party or of any of its Subsidiaries to, take any actions which would, or would be reasonably likely to, adversely affect the ability of the Merger to qualify as a reorganization under Section 386(a) of the Code, and each party hereto shall use all reasonable efforts to achieve such result.
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Samples: Merger Agreement (American General Hospitality Corp), Merger Agreement (Capstar Hotel Co)
Reorganization Status. Each party hereto agrees, as to itself and to each of its Subsidiaries, that after the date hereof and prior to the Effective Time or earlier termination of this Agreement, except as expressly contemplated or permitted in this Agreement, neither party hereto shall, nor shall either party hereto permit any of its Subsidiaries or any employees, officers or directors of such party or of any of its Subsidiaries to, take any actions which would, or would be reasonably likely to, adversely affect the ability of the Merger to qualify as a reorganization under Section 386(a368(a)(1)(A) of the Code, and each party hereto shall use all reasonable efforts to achieve such resultresult and to obtain the opinions of counsel described in Section 8.1(h).
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