Common use of Tax and Regulatory Matters Clause in Contracts

Tax and Regulatory Matters. No Target Entity or, to the Knowledge of Target, any Affiliate thereof has taken or agreed to take any action, and Target does not have any Knowledge of any agreement, plan or other circumstance, that is reasonably likely to (a) prevent the Merger from qualifying as a “reorganization” within the meaning of Section 368(a) of the Internal Revenue Code, or (b) materially impede or delay receipt of any of the Requisite Regulatory Approvals.

Appears in 3 contracts

Samples: Agreement and Plan of Reorganization (WSFS Financial Corp), Agreement and Plan of Reorganization (Banctrust Financial Group Inc), Agreement and Plan (Banctrust Financial Group Inc)

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Tax and Regulatory Matters. No Target Entity or, to the Knowledge of Target, any Affiliate thereof has taken or agreed to take any action, and Target does not have any Knowledge of any agreement, plan or other circumstance, that is reasonably likely to (a) prevent the Merger from qualifying as a “reorganization” reorganization within the meaning of Section 368(a) of the Internal Revenue Code, or (b) materially impede or delay receipt of any of the Requisite Regulatory Approvals.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Comerica Inc /New/), Agreement and Plan of Merger (Sterling Bancshares Inc)

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Tax and Regulatory Matters. No Target Entity or, to the Knowledge of Target, any Affiliate thereof has taken or agreed to take any action, and Target does not have any Knowledge of any agreement, plan or other circumstance, that is reasonably likely to (a) prevent the Merger from qualifying as a “reorganization” within the meaning of Section 368(a) of the Internal Revenue Code, Code or (b) materially impede or delay receipt of any of the Requisite Regulatory Approvals.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Simmons First National Corp)

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