INTENTIONS OF THE PARTIES. It is the intention of the Parties that the Merger contemplated by this Agreement be treated as a “reorganization” under Section 368 of the Internal Revenue Code of 1986, as amended (the “Code”), and that this Agreement shall constitute a “plan of reorganization” for purposes of the Code.
Appears in 2 contracts
Sources: Merger Agreement (Midwest Banc Holdings Inc), Merger Agreement (Midwest Banc Holdings Inc)
INTENTIONS OF THE PARTIES. It is the intention of the Parties parties to this Agreement that the Merger contemplated by this Agreement be treated as a “reorganization” under Section 368 368(a) of the Internal Revenue Code of 1986, as amended (the “Code”), and that this Agreement shall constitute a “plan of reorganization” for purposes of the Code.
Appears in 2 contracts
Sources: Merger Agreement (First Community Bancorp /Ca/), Merger Agreement (Americanwest Bancorporation)
INTENTIONS OF THE PARTIES. It is the intention of the Parties that the Merger contemplated by this Agreement (as hereinafter defined) be treated as a “"reorganization” " under Section 368 of the Internal Revenue Code of 1986, as amended (the “"Code”"), and that this Agreement shall constitute a “plan of reorganization” for purposes of the Code.
Appears in 1 contract