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<br />Material Adverse Effect or that would prevent the consummation of the transactions contemplated <br />by this Agreement in the manner provided in this Agreement. <br /> <br />Section 6.6 Tax Ooinion. Parent shall have received an opinion from Parent's tax 'counsel <br />to the effect that, if the Merger is consU1IllIlated in accordance with the provisions of this Agreement, <br />the Merger will be treated for federal income tax purposes as a reorganization within the meaning <br />of Section 368(a) of the Code. <br /> <br />Section 6.7 Shareholder Approval. The Company Shareholders' Approval shall have been <br />obtained in accordance with applicable Legal Requirements and the articles of incorporation and <br />bylaws of the Company and the provisions of Section 5.4 hereof. <br /> <br />Section 6.8 Recistration Statement. The Registration Statement shall have been declared <br />effective and shall be effective at the Effective Time, and no stop order suspending effectiveness <br />shall have been issued, no action, suit, proceeding or investigation by the SEC to suspend the <br />effectiveness thereof shall have been initiated and be continuing. <br /> <br />ARTICLE SEVEN <br /> <br />CONDITIONS OF COMPANY'S OBUGA nONS <br /> <br />Section 7.1 In General. The obligations of the Company to complete the transactions <br />provided for in this Agreement are subject to all of the conditions set forth below in this Article <br />Seven. any of which may be waived in writing by the Company. <br /> <br />Section 7.2 Performance bv Parent and Merger Sub. Parent and Merger Sub shall have <br />performed in all material respects all of their respective agreements and covenants under this <br />Agreement (including, but not limited to, making, or standing willing and able to make, the <br />deliveries and taking, or standing willing and able to take, the actions required by Section 83, but <br />excluding the covenants and agreements set forth in Section 5.1(b)) to the extent such are required <br />to be performed at or prior to the Closing. <br /> <br />Section 73 Truth of Reoresentations and Warranties. Each of the representations and <br />warranties of Parent and Merger Sub contained in this Agreement (i) if specifically qualified by <br />materiality, shall be true and complete as so qualified, and (ii) if not qualified by materiality, shall <br />be true and complete in all material respects, in each such case, on and as of the date hereof and as <br />of the Closing Date, with the same effect as if then made, except where any such representation or <br />warranty is as of a specific earlier date in which event it shall remain true and correct (as qualified) <br />as of such earlier date, and except as any such representation or warranty may be affected by specific <br />transactions or occurrences contemplated in or permitted by this Agreement or any Related <br />Agreement. The foregoing notwithstanding, the Closing condition set forth above in this Section <br />7.4 shall be deemed satisfied unless the failure of such representations and warranties to be so true <br />and complete in all material respects, if not qualified by materiality, and true and complete as so <br />qualified, if qualified by materiality, shall individually or in the aggregate constitute a Parent <br /> <br />ATl/90584-8 <br /> <br />45 <br />