Common use of TAX STATUS OF REORGANIZATION Clause in Contracts

TAX STATUS OF REORGANIZATION. The parties intend that the Reorganization will qualify as a reorganization within the meaning of Section 368(a)(1)(F) of the Code. None of the Selling Trust, the Selling Fund, the Acquiring Trust or the Acquiring Fund shall (either before or after the Closing Date) take any action or cause any action to be taken (including, without limitation the filing of any tax return) that is inconsistent with such treatment or that results in the failure of the Reorganization to qualify as a reorganization within the meaning of Section 368(a)(1)(F) of the Code. At or prior to the Closing Date, the parties to this Reorganization Agreement will take such reasonable action, or cause such action to be taken, as is reasonably necessary to enable Xxxxx Xxxxxx & Xxxxxx LLP to render the tax opinion contemplated in this Reorganization Agreement.

Appears in 1 contract

Samples: Reorganization Agreement (ALPS Series Trust)

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TAX STATUS OF REORGANIZATION. The It is the intention of the parties intend that the Reorganization will qualify as a reorganization within the meaning of Section 368(a)(1)(F368(a) of the Code. None of the Selling Trust, the Selling Fund, the Acquiring Trust or the Acquiring Fund shall (either before or after the Closing Date) take any action or cause any action to be taken (including, without limitation the filing of any tax returnTax Return) that is inconsistent with such treatment or that results in the failure of the Reorganization to qualify as a reorganization within the meaning of Section 368(a)(1)(F) of the Code. At or prior to the Closing Date, the parties to this Reorganization Agreement will take such reasonable action, or cause such action to be taken, as is reasonably necessary to enable Xxxxx Xxxxxx & Xxxxxx LLP to render the tax opinion contemplated in this Reorganization Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Financial Investors Trust)

TAX STATUS OF REORGANIZATION. The It is the intention of the parties intend that the Reorganization will qualify as a reorganization within the meaning of Section 368(a)(1)(F368(a) of the Code. None of the Selling TrustCorporation, the Selling Fund, the Acquiring Trust or the Acquiring Fund shall (either before or after the Closing Date) take any action or cause any action to be taken (including, without limitation the filing of any tax return) that is inconsistent with such treatment or that results in the failure of the Reorganization to qualify as a reorganization within the meaning of Section 368(a)(1)(F) of the Code. At or prior to the Closing Date, the parties to this Reorganization Agreement will take such reasonable action, or cause such action to be taken, as is reasonably necessary to enable Xxxxx Xxxxxx & Xxxxxx LLP to render the tax opinion contemplated in this Reorganization Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Financial Investors Trust)

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TAX STATUS OF REORGANIZATION. The It is the intention of the parties intend that the Reorganization will qualify as a reorganization within the meaning of Section 368(a)(1)(F368(a) of the Code. None of the Selling TrustFund, the Selling Fund, the Acquiring Trust Fund or the Acquiring Fund shall (either before or after the Closing Date) take any action or cause any action to be taken (including, without limitation the filing of any tax return) that is inconsistent with such treatment or that results in the failure of the Reorganization to qualify as a reorganization within the meaning of Section 368(a)(1)(F368(a) of the Code. At or prior to the Closing Date, the parties to this Reorganization Agreement will take such reasonable action, or cause such action to be taken, as is reasonably necessary to enable Xxxxx Xxxxxx & Xxxxxx LLP to render the tax opinion contemplated in this Reorganization Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (DCA Total Return Fund)

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