Common use of Section 368 Opinion Clause in Contracts

Section 368 Opinion. The parties shall have received the written opinion of Eversheds Sxxxxxxxxx (US) LLP (or such other counsel as may be reasonably satisfactory to the parties), dated as of the Closing Date and in form and substance reasonably satisfactory to the parties, to the effect that, on the basis of facts, representations and assumptions set forth or referred to in such opinion, the Merger will qualify as a reorganization within the meaning of Section 368(a) of the Code.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Sierra Income Corp), Agreement and Plan of Merger (Sierra Income Corp), Agreement and Plan of Merger (Medley Capital Corp)

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Section 368 Opinion. The parties shall have received the written opinion of Eversheds Sxxxxxxxxx Xxxxxxxxxx (US) LLP (or such other counsel as may be reasonably satisfactory to the parties), dated as of the Closing Date and in form and substance reasonably satisfactory to the parties, to the effect that, on the basis of facts, representations and assumptions set forth or referred to in such opinion, the Merger will qualify as a reorganization within the meaning of Section 368(a) of the Code.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Sierra Income Corp), And Restated Agreement and Plan of Merger (Medley Capital Corp)

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