Pooling Letters definition
Examples of Pooling Letters in a sentence
STOCKHOLDERS shall not sell, assign, exchange, transfer, encumber, pledge, distribute, appoint, or otherwise dispose of any shares of MARINEMAX Stock received by the STOCKHOLDERS in the Merger in violation of the provisions of the Pooling Letters referred to in Section 9.10 hereof.
The STOCKHOLDERS shall each have executed and delivered a letter agreement in favor of MARINEMAX and NEWCO, in form and content as set forth in Annex VI attached hereto (the "Pooling Letters"), pursuant to which each STOCKHOLDER shall agree to hold the MARINEMAX Stock received by such STOCKHOLDER, for such period of time as is necessary to allow the Merger to be accounted for as a "pooling-of-interests" under the rules and regulations of the SEC.
A-28 5.15 Pooling Letters.....................................................
Each of Parent and the Company shall have received letters (the "Pooling Letters"), dated as of the Effective Date, from Ernst & Young, LLP, regarding such firm's concurrence with Parent's management's and the Company's management's conclusions as to the appropriateness of pooling of interest accounting for the Merger under Accounting Principles Opinion No. 16 if closed and consummated in accordance with this Agreement.
The Company shall have received from each person who Parent in good faith determines is an affiliate of Parent, an Affiliate Agreement as set forth in Section 5.7, and each such Affiliate Agreement shall be in full force and effect; and (j) Pooling Letters.
All MARINEMAX Stock received by the STOCKHOLDERS pursuant to this Agreement shall, except for restrictions on resale or transfer described in Sections 15 and 16 hereof and in the Pooling Letters referred to in Section 9.10 hereof, have the same rights as all the other shares of outstanding MARINEMAX Stock by reason of the provisions of the Certificate of Incorporation of MARINEMAX or as otherwise provided by the Delaware GCL.
Purchaser and Parent shall have received the Rule 145 Letters and the Pooling Letters from the persons and at the times specified in Section 2.4, and the letters referenced in Section 2.13.
Parent and the Company shall have received substantially identical written opinions of Test▇, ▇▇rw▇▇▇ & ▇hib▇▇▇▇▇ ▇▇▇ Wilson, Sonsini, Good▇▇▇▇ & ▇osa▇▇ ▇▇▇pectively, in form and substance reasonably satisfactory to them to the effect that the Mergers will constitute a reorganization within the meaning of Section 368 of the Code; and (f) Accountants' Pooling Letters.
Contemporaneously herewith, each of the Shareholders shall deliver to Parent a written agreement substantially in the form attached hereto as EXHIBIT 2.4 ("Pooling Letters").
NBT shall deliver to KPMG such certificates or representations as KPMG may reasonably request to enable it to deliver the Pooling Letters.