Common use of Tax and Regulatory Matters Clause in Contracts

Tax and Regulatory Matters. No Buyer Entity or, to Buyer's Knowledge, any Affiliate thereof has taken or agreed or failed to take any action and Target does not have any Knowledge of any fact or circumstance that is reasonably likely to (i) prevent the Merger from qualifying as a reorganization within the meaning of Section 368(a) of the Internal Revenue Code, or (ii) materially impede or delay receipt of any Consents of Regulatory Authorities referred to in Section 9.1(b) or result in the imposition of a condition or restriction of the type referred to in the last sentence of such Section.

Tax and Regulatory Matters. No Buyer Target Entity or, to BuyerTarget's Knowledge, any Affiliate thereof has taken or agreed or failed to take any action and Target does not have any Knowledge of any fact or circumstance that is reasonably likely to (i) prevent the Merger from qualifying as a reorganization within the meaning of Section 368(a) of the Internal Revenue Code, or (ii) materially impede or delay receipt of any Consents of Regulatory Authorities referred to in Section 9.1(b) or result in the imposition of a condition or restriction of the type referred to in the last sentence of such Section.