Common use of Reservation of Right to Revise Structure Clause in Contracts

Reservation of Right to Revise Structure. At Xxxxx Fargo’s election, the Merger may alternatively be structured so that (i) Company is merged with and into any other direct or indirect wholly owned subsidiary of Xxxxx Fargo, (ii) any direct or indirect wholly owned subsidiary of Xxxxx Fargo is merged with and into Company, or (iii) Company is merged with and into Xxxxx Fargo; provided, however, that no such change shall (A) alter or change the amount or kind of consideration to be issued to Company’s shareholders in the Merger or under such alternative structure (the “Merger Consideration”), (B) adversely affect the tax treatment of Company’s shareholders as a result of receiving the Merger Consideration or prevent the parties from obtaining the opinion referred to in paragraph 6(h), or (C) materially impede or delay consummation of the Merger. In the event of such election, the parties agree to execute an appropriate amendment to this Agreement in order to reflect such election.

Appears in 2 contracts

Samples: Agreement (Greater Bay Bancorp), Agreement (Placer Sierra Bancshares)

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Reservation of Right to Revise Structure. At Xxxxx Wells Fargo’s 's election, the Merger may alternatively xxx xlternatively be structured so that (i1) Company is merged with and into any other direct or indirect wholly wholly-owned subsidiary of Xxxxx Wells Fargo, (ii2) any direct or indirect wholly indixxxx wholly-owned subsidiary of Xxxxx Wells Fargo is merged with and into CompanyXxxxany, or (iii3) Company is merged with and into Xxxxx Wells Fargo; provided, however, that no thax xx such change shall (A) alter or change the amount or kind of consideration to be issued to Company’s 's shareholders in the Merger or under such alternative structure (the "Merger Consideration"), (B) adversely affect the tax treatment of Company’s 's shareholders as a result of receiving the Merger Consideration or prevent the parties from obtaining the opinion referred to in paragraph Paragraph 6(h), or (C) materially impede or delay consummation of the Merger. In the event of such election, the parties agree to execute an appropriate amendment to this Agreement in order to reflect such election.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Tejas Bancshares Inc)

Reservation of Right to Revise Structure. At Xxxxx Wells Fargo’s 's election, the Merger may alternatively max xxxernatively be structured so that (i1) Company is merged with and into any other direct or indirect wholly owned subsidiary of Xxxxx Wells Fargo, (ii2) any direct or indirect wholly indirexx xxolly-owned subsidiary of Xxxxx Wells Fargo is merged with and into CompanyCxxxxxy, or (iii3) Company is merged with and into Xxxxx Wells Fargo; provided, however, that no such xx xxch change shall (A) alter or change the amount or kind of consideration to be issued to Company’s shareholders 's stockholders in the Merger or under such alternative structure (the "Merger Consideration"), (B) adversely affect the tax treatment of Company’s shareholders 's stockholders as a result of receiving the Merger Consideration or prevent the parties from obtaining the opinion referred to in paragraph Paragraph 6(h), or (C) materially impede or delay consummation of the Merger. In the event of such election, the parties agree to execute an appropriate amendment to this Agreement in order to reflect such election.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (First Security Corp /Ut/)

Reservation of Right to Revise Structure. At Xxxxx Fargo’s 's election, the Merger may alternatively be structured so that (i1) Company is merged with and into any other direct or indirect wholly owned subsidiary of Xxxxx Fargo, (ii2) any direct or indirect wholly owned subsidiary of Xxxxx Fargo is merged with and into Company, or (iii3) Company is merged with and into Xxxxx Fargo; provided, however, that no such change shall (A) alter or change the amount or kind of consideration to be issued to the Company’s shareholders 's stockholders in the Merger or under such alternative structure (the "Merger Consideration"), (B) adversely affect the tax treatment of Company’s shareholders 's stockholders as a result of receiving the Merger Consideration or prevent the parties from obtaining the opinion referred to in paragraph Paragraph 6(h), or (C) materially impede or delay consummation of the Merger. In the event of such election, the parties agree to execute an appropriate amendment to this Agreement in order to reflect such election.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (National Bancorp of Alaska Inc)

Reservation of Right to Revise Structure. At Xxxxx Fargo’s 's election, the Merger may alternatively be structured so that (i1) Company is merged with and into any other direct or indirect wholly owned subsidiary of Xxxxx Fargo, (ii2) any direct or indirect wholly wholly-owned subsidiary of Xxxxx Fargo is merged with and into Company, or (iii3) Company is merged with and into Xxxxx Fargo; provided, however, that no such change shall (A) alter or change the amount or kind of consideration to be issued to Company’s shareholders 's stockholders in the Merger or under such alternative structure (the "Merger Consideration"), (B) adversely affect the tax treatment of Company’s shareholders 's stockholders as a result of receiving the Merger Consideration or prevent the parties from obtaining the opinion referred to in paragraph Paragraph 6(h), or (C) materially impede or delay consummation of the Merger. In the event of such election, the parties agree to execute an appropriate amendment to this Agreement in order to reflect such election.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Wells Fargo & Co/Mn)

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Reservation of Right to Revise Structure. At Xxxxx Fargo’s election, the Merger may alternatively be structured so that (i1) Company is merged with and into any other direct or indirect wholly owned subsidiary of Xxxxx Fargo, (ii2) any direct or indirect wholly owned subsidiary of Xxxxx Fargo is merged with and into Company, or (iii3) Company is merged with and into Xxxxx Fargo; provided, however, that no such change shall (A) alter or change the amount or kind of consideration to be issued to Company’s shareholders in the Merger or under such alternative structure (the “Merger Consideration”), (B) adversely affect the tax treatment of Company’s shareholders as a result of receiving the Merger Consideration or prevent the parties from obtaining the opinion referred to in paragraph Paragraph 6(h), or (C) materially impede or delay consummation of the Merger. In the event of such election, the parties agree to execute an appropriate amendment to this Agreement in order to reflect such election.

Appears in 1 contract

Samples: Plan of Reorganization (Pacific Northwest Bancorp)

Reservation of Right to Revise Structure. At Xxxxx Fargo’s 's election, the Merger (or the Bank Merger) may alternatively be structured so that (i1) Company is merged with and into (or Bank is merged with) any other direct or indirect wholly owned subsidiary of Xxxxx Fargo, (ii2) any direct or indirect wholly owned subsidiary of Xxxxx Fargo is merged with and into CompanyCompany (or merged with Bank), or (iii3) Company is merged with and into Xxxxx Fargo; provided, however, that no such change shall (A) alter or change the amount or kind of consideration to be issued to Company’s 's shareholders in the Merger (or to Bank's shareholders in the Bank Merger) or under such alternative structure (the “Merger "Consideration"), (B) adversely affect the tax treatment of Company’s 's shareholders as a result of receiving the Merger Consideration or prevent the parties from obtaining the opinion referred to in paragraph 6(h), or (C) materially impede or delay consummation of the Merger or the Bank Merger. In the event of such election, the parties agree to execute an appropriate amendment to this Agreement in order to reflect such election.

Appears in 1 contract

Samples: Agreement And (Brenton Banks Inc)

Reservation of Right to Revise Structure. At Xxxxx Fargo’s election, the Merger may alternatively be structured so that (i) Company is merged with and into any other direct or indirect wholly owned subsidiary of Xxxxx Fargo, (ii) any direct or indirect wholly owned subsidiary of Xxxxx Fargo is merged with and into Company, or (iii) Company is merged with and into Xxxxx Fargo; provided, however, that no such change shall (A) alter or change the amount or kind of consideration to be issued to Company’s shareholders in the Merger or under such alternative structure (the “Merger Consideration”), (B) adversely affect the tax treatment of Company’s shareholders as a result of receiving the Merger Consideration or prevent the parties from obtaining the opinion referred to in paragraph Paragraph 6(h), or (C) materially impede or delay consummation of the MergerMerger or the Spin-Off. In the event of such election, the parties agree to execute an appropriate amendment to this Agreement in order to reflect such election.

Appears in 1 contract

Samples: Agreement And (Wells Fargo & Co/Mn)

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