Common use of Tax Opinion or Letter Clause in Contracts

Tax Opinion or Letter. OLB shall have received an opinion of Ober, Kaler, Xxxxxx & Xxxxxxx, P.C., counsel to OLB, or a letter from Xxxxxx & Company, LLP, OLB’s independent certified public accountants, dated the Closing Date, to the effect that the Merger constitutes a reorganization under Section 368(a) of the IRC; in rendering their opinion, such counsel or firm may require and rely upon representations and reasonable assumptions, including those contained in certificates of officers of Holdings, OLB and others.

Tax Opinion or Letter. OLB shall have received an opinion of Ober, Kaler, Xxxxxx Gxxxxx & XxxxxxxSxxxxxx, P.C., counsel to OLB, or a letter from Xxxxxx Rxxxxx & Company, LLP, OLB’s independent certified public accountants, dated the Closing Date, to the effect that the Merger constitutes a reorganization under Section 368(a) of the IRC; in rendering their opinion, such counsel or firm may require and rely upon representations and reasonable assumptions, including those contained in certificates of officers of HoldingsMDBC, OLB and others.

Tax Opinion or Letter. OLB shall have received an opinion of Ober, Kaler, Xxxxxx & Xxxxxxx, P.C.a Professional Corporation, counsel to OLB, or a letter from Xxxxx Xxxxxx & Company, Xxxxxxx LLP, OLB’s independent certified public accountants, dated the Closing Date, to the effect that the Merger constitutes a tax-free reorganization under Section 368(a) of the IRC; in rendering their opinion, such counsel or firm accountants may require and rely upon representations and reasonable assumptions, including those contained in certificates of officers of HoldingsRBI, OLB and others.