Common use of POOLING OF INTEREST Clause in Contracts

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.

Appears in 2 contracts

Sources: Merger Agreement (Alliance Bancorp), Merger Agreement (Southwest Bancshares Inc /New/)