POOLING OF INTEREST Sample Clauses
The Pooling of Interest clause defines how assets, liabilities, or interests from multiple parties are combined and treated as a single entity for accounting or operational purposes. In practice, this clause is often used in mergers or joint ventures, where the financial statements of the involved parties are consolidated as if they have always operated as one, rather than recording the transaction at fair market value. This approach simplifies financial reporting and can avoid triggering certain tax or accounting consequences, ultimately ensuring a smoother integration and clearer representation of the combined entity's financial position.
POOLING OF INTEREST. FirstFederal Financial shall have received a letter from KPMG Peat Marwick, LLP, FirstFederal Financial's independent public accountants, to the effect that the Merger will qualify for pooling of interest accounting treatment.
POOLING OF INTEREST. Prior to the Company Merger Effective Date, Alliance Bancorp and SWB will use their best efforts to cure any action previously taken that would prevent Alliance Bancorp from accounting for the Company Merger as a "pooling of interest," including cooperating in a private placement, to take place immediately prior to Closing, of shares of SWB Common Stock.
POOLING OF INTEREST. The Company shall have received a letter from ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ LLP addressed to the Company and Purchaser to the effect that the Merger will qualify for "Pooling of Interests" accounting treatment.
POOLING OF INTEREST. Neither Company nor any of its Subsidiaries has taken or agreed or intends to take any action, nor does the Company have any knowledge of any fact or circumstance with respect to Company or its Subsidiaries, which would prevent the Merger from being treated for financial accounting purposes as a "pooling of interests" in accordance with GAAP or the rules, regulations and interpretations of the SEC.
POOLING OF INTEREST. The Stockholder shall not have engaged in any sale, exchange, transfer, pledge, disposition or any other transaction which would result in a reduction in the risk of ownership with respect to the Shares owned by the Stockholder during the 30 days prior to the Closing.
POOLING OF INTEREST. Notwithstanding any other provision of this Agreement to the contrary, Shareholder will not sell, transfer, exchange, pledge or otherwise dispose of, or in any other way reduce Shareholder's risk of ownership or investment in, or make any offer or agreement relating to any of the foregoing with respect to, any Company Common Stock or any rights, options or warrants to purchase Company Common Stock, or any Parent Common Stock: (i) during the thirty-day period immediately preceding the Closing Date of the Merger and (ii) until such time after the Effective Time of the Merger as Parent has publicly released a report including the combined financial results of Parent and for a period of at least thirty days of combined operations of Parent and the Company within the meaning of Accounting Series Release No. 130, as amended, of the SEC. Nothing in this paragraph will be deemed to prohibit charitable contributions of such securities without consideration to transferees who agree to all of the restrictions in this Agreement.
POOLING OF INTEREST. In the event that Webster elects to have the Merger ▇▇▇▇▇▇▇ed for as a purchase rather than a pooling of interest, this Agreement shall be modified to the extent that restrictions contained herein are based only on requirements for a pooling of interest.
POOLING OF INTEREST. The parties intend that the Transactions (as later defined) be accounted for as a pooling of interests in accordance with generally accepted accounting principles.
POOLING OF INTEREST. None of the Vendors and the Corporation shall commit any act or omission that they are informed by the Purchaser or the Parent could be reasonably expected to interfere with the Parent's or the Purchaser's ability to account for the purchase and sale contemplated hereby as a pooling of interests pursuant to U.S. GAAP, and the Corporation and the Vendors shall use their reasonable commercial efforts to cause the purchase and sale contemplated hereby to be accounted for as a pooling of interests.
POOLING OF INTEREST. 24 3.13 Interim Operations of Merger Sub...............................24