Common use of Tax Ruling Clause in Contracts

Tax Ruling. The Assuming Bank shall not at any time, without the Receiver’s prior written consent, seek a private letter ruling or other determination from the Internal Revenue Service or otherwise seek to qualify for any special tax treatment or benefits associated with any payments made by the Receiver pursuant to this Single Family Shared-Loss Agreement.

Appears in 190 contracts

Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement, Purchase and Assumption Agreement (FCB Financial Holdings, Inc.)

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Tax Ruling. The Assuming Bank shall not at any time, without the ReceiverCorporation’s prior written consent, seek a private letter ruling or other determination from the Internal Revenue Service or otherwise seek to qualify for any special tax treatment or benefits associated with any payments made by the Receiver Corporation pursuant to the Purchase and Assumption Agreement or this Single Family Commercial Shared-Loss Agreement.

Appears in 47 contracts

Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement (FCB Financial Holdings, Inc.), Purchase and Assumption Agreement (FCB Financial Holdings, Inc.)

Tax Ruling. The Assuming Bank shall not at any time, without the Receiver’s 's prior written consent, seek a private letter ruling or other determination from the Internal Revenue Service or otherwise seek to qualify for any special tax treatment or benefits associated with any payments made by the Receiver pursuant to this Single Family Shared-Loss Agreement.

Appears in 12 contracts

Samples: Purchase and Assumption Agreement Whole Bank, Purchase and Assumption Agreement, Purchase and Assumption Agreement

Tax Ruling. The Assuming Bank shall not at any time, without the ReceiverCorporation’s prior written consent, seek a private letter ruling or other determination from the Internal Revenue Service or otherwise seek to qualify for any special tax treatment or benefits associated with any payments made by the Receiver Corporation pursuant to the Agreement or this Single Family Shared-Loss AgreementExhibit.

Appears in 3 contracts

Samples: Purchase and Assumption Agreement (Midland States Bancorp, Inc.), Purchase and Assumption Agreement (Community Bankers Trust Corp), Purchase and Assumption Agreement (Westamerica Bancorporation)

Tax Ruling. The Assuming Bank shall not at any time, without the Receiver’s 's prior written consent, seek a private letter ruling or other determination from the Internal Revenue Service or otherwise seek to qualify for any special tax treatment or benefits associated with any payments made by the Receiver pursuant to this Single Family Shared-Loss Agreement.. Whole Bank P&A w/Loss Sharing 57 Suburban Federal Savings Bank January 30, 2009 Crofton, MD

Appears in 2 contracts

Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement

Tax Ruling. The Assuming Bank shall not at any time, without the Receiver’s Corporation's prior written consent, seek a private letter ruling or other determination from the Internal Revenue Service or otherwise seek to qualify for any special tax treatment or benefits associated with any payments made by the Receiver Corporation pursuant to the Agreement or this Single Family Shared-Loss AgreementExhibit.

Appears in 2 contracts

Samples: Purchase and Assumption Agreement (First Financial Holdings Inc /De/), Purchase and Assumption Agreement (Great Southern Bancorp Inc)

Tax Ruling. The Assuming Bank shall not at any time, without the Receiver’s prior written consent, seek a private letter ruling or other determination from the Internal Revenue Service or otherwise seek to qualify for any special tax treatment or benefits associated with any payments made by the Receiver pursuant to this Single Family Shared-Loss Agreement.Internal

Appears in 2 contracts

Samples: Purchase and Assumption Agreement (State Bank Financial Corp), Purchase and Assumption Agreement (STATE BANK FINANCIAL Corp)

Tax Ruling. The Assuming Bank shall not at any time, without the Receiver’s 's prior written consent, seek a private letter ruling or other determination from the Internal Revenue Service or otherwise seek to qualify for any special tax treatment or benefits associated with any payments made by the Receiver pursuant to this Single Family Shared-Loss Agreement.Internal

Appears in 2 contracts

Samples: Purchase and Assumption Agreement (First Financial Holdings Inc /De/), Purchase and Assumption Agreement (Great Southern Bancorp Inc)

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Tax Ruling. The Assuming Bank shall not at any time, without the Receiver’s prior written consent, seek a private letter ruling or other determination from the Internal Revenue Service or otherwise seek to qualify for any special tax treatment or benefits associated with any payments made by the Receiver pursuant to this Single Family Shared-Loss Agreement.. Whole Bank P&A w/Loss Sharing COUNTY BANK 6 February 2009 MERCED, CA

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Westamerica Bancorporation)

Tax Ruling. The Assuming Bank shall not at any time, without the Receiver’s prior written consent, seek a private letter ruling or other determination from the Internal Revenue Service or otherwise seek to qualify for any special tax treatment or benefits associated with any payments made by the Receiver pursuant to this Single Family Shared-Loss Agreement.. Orion Bank Naples, FL

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Iberiabank Corp)

Tax Ruling. The Assuming Bank shall not at any time, without the Receiver’s prior written consent, seek a private letter ruling or other determination from the Internal Revenue Service or otherwise seek to qualify for any special tax treatment or benefits associated with any payments made by the Receiver pursuant to this Single Family Shared-Loss Agreement.. Whole Bank P&A w/Loss Sharing 57 Suburban Federal Savings Bank January 30, 2009 Crofton, MD

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Community Bankers Trust Corp)

Tax Ruling. The Assuming Bank shall not at any time, without the ReceiverCorporation’s prior written consent, seek a private letter ruling or other determination from the Internal Revenue Service or otherwise seek to qualify for any special tax treatment treat­ment or benefits associated with any payments made by the Receiver Corpo­ration pursuant to the Purchase and Assumption Agreement or this Single Family Commercial Shared-Loss Agreement.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (First Bancorp /Nc/)

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