Common use of Shareholder Certificate Clause in Contracts

Shareholder Certificate. Shareholder agrees to execute and deliver a certificate containing such representations as are reasonably necessary and customary for tax counsel to Parent on the one hand, and Company on the other hand, to render an opinion to the effect that the Merger will constitute a reorganization within the meaning of Section 368 of the Internal Revenue Code of 1986 and that no gain or loss will be recognized by the shareholders of Company to the extent they receive Parent Common Stock solely in exchange for shares of Company Common Stock, such certificate to be in the form attached hereto as Exhibit C.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Usf&g Corp), Agreement and Plan of Merger (Titan Holdings Inc), Voting and Support Agreement (Titan Holdings Inc)

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Shareholder Certificate. Shareholder agrees to execute and deliver a certificate containing such representations as are reasonably necessary and customary for tax counsel to Parent on the one hand, and Company on the other hand, to render an opinion to the effect that the Merger will constitute a reorganization within the meaning of Section 368 of the Internal Revenue Code of 1986 and that no gain or loss will be recognized by the shareholders of Company to the extent they receive Parent Common Stock solely in exchange for shares of Company Common Stock, such certificate to be in the form attached hereto as Exhibit C.56

Appears in 1 contract

Samples: Agreement and Plan of Merger (Usf&g Corp)

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