Purchase Accounting. The parties intend that the Merger be treated as a purchase for accounting purposes.
Purchase Accounting. No later than 30 Business Days after the First Closing Date, the Company shall provide the Investor with detailed information on the valuation of its assets and liabilities, according to both GAAP and IFRS, as at the First Closing Date to enable the Investor and its Affiliates to perform its purchase accounting. No later than 10 Business Days after the end of each subsequent quarter, the Company shall provide the Investor with sufficient information regarding any material change to such valuations that have occurred as at the end of each such subsequent quarter end to enable the Investor and its Affiliates to book appropriate IFRS compliant adjustments to the fair value of such assets and liabilities.
Purchase Accounting. Western Resources and New KC shall account for the KGE Merger and the KCPL Merger under the purchase method of accounting in accordance with the provisions of Accounting Principles Board Opinion No. 16, "Business Combinations."
Purchase Accounting. Hi/Lo, Discount and Sub will each use its reasonable best efforts to cause the transactions contemplated by this Agreement to be accounted for as a purchase in accordance with GAAP, and such accounting treatment to be accepted by Discount's independent certified public accountants, by the NYSE and by the SEC, respectively, and each of Hi/Lo, Discount and Sub agrees that it will take no action that would cause such accounting treatment not to be obtained.
Purchase Accounting. Each of the parties hereto acknowledges that the Merger will be accounted for under the purchase method of accounting.
Purchase Accounting. The parties believe that "pooling of interests" accounting is unavailable as a result of historic changes in PEP Corporation's equity structure, and therefore "purchase accounting" shall be applicable. If that situation changes materially, then PEP Corporation and the Shareholder shall cooperate with the Company and use all reasonable efforts at the expense of the Company to cause the business combination to be effected by the transactions in this Agreement to be accounted for as a "pooling of interests."
Purchase Accounting. 2 ARTICLE II........................................................................................................2
Purchase Accounting. For accounting purposes, the parties hereto agree that the Merger will be treated as a "purchase".
Purchase Accounting. Target shall use its best efforts to cause its Affiliates not to take any action that would adversely affect the ability of Acquirer to account for the business combination to be effected by the Merger as a purchase.
Purchase Accounting. During the period from the date of this Agreement until the Effective Time, Acquirer shall use its best efforts to cause the business combination to be effected by the Merger to be accounted for as a purchase. Acquirer shall use its best efforts to cause its Affiliates not to take any action that would adversely affect the ability of Acquirer to account for the business combination to be effected by the Merger as a purchase.
