Pooling of Interests definition

Pooling of Interests means pooling of interests accounting treatment under Accounting Principles Board Opinion No. 16.

Pooling of Interests. The Merger shall qualify for "pooling of interests" accounting treatment and Parent shall have received a letter, dated as of the Effective Time, from Ernst & Young LLP regarding such firm's concurrence with Parent's conclusion as to the appropriateness of "pooling of interests" accounting treatment for the Merger under Accounting Principles Board Opinion No. 16 if the Merger is closed and consummated in accordance with this Agreement.

Pooling of Interests means pooling of interests accounting -------------------- treatment under Accounting Principles Board Opinion No. 16.

Examples of Pooling of Interests in a sentence

• Pooling of Interests....................................................

• Such Settlement Payment shall be in the form of cash, unless the transaction which constitutes the Change of Control is intended to qualify for treatment as a "Pooling of Interests" under APB No. 16 (or any successor thereto), in which case such Settlement Payment shall be in registered stock of the same class as is otherwise provided to the shareholders of the Company.

• From and after the date hereof and until the expiration of the Restricted Period (as defined below), neither Parent nor the Company shall or shall permit any of its subsidiaries or controlled affiliates to take, and Parent and the Company shall use their respective best efforts to cause their other affiliates not to take, any action, or fail to take any action, that would jeopardize the treatment of the Merger as a Pooling of Interests.

• To the Company's knowledge, neither the Company nor any of its affiliates has taken or agreed to take any action or is aware of any condition which would prevent Parent from accounting for the transactions provided for herein as a pooling-of-interests under APB Opinion No. 16 (a "Pooling of Interests").

• The acquisition has been accounted for as a "Pooling of Interests" as per APB No 16.

More Definitions of Pooling of Interests

Pooling of Interests has the meaning given to such expression in the United States Accounting Principles Board Opinion No 16 and related literature;

Pooling of Interests means pooling of interests accounting treatment.

Pooling of Interests. The Company and the Stockholders shall have provided to Ernst & Young LLP a representation letter in customary form to support such firm's concurrence with Parent's conclusion as to the appropriateness of "pooling of interests" accounting treatment for the Merger under Accounting Principles Board Opinion No. 16 if the Merger is closed and consummated in accordance with this Agreement.

Pooling of Interests. Preamble "Proxy Circular" Section 3.28 "Registration Statement" Section 3.28 "Replacement Options" Section 2.1.3 "Rights" Section 2.1.2 "SEC Reports" Section 4.4 "Securities Reports" Section 3.5 "Shareholder Meeting" Section 5.2 "Shareholders' Meeting Date" Section 5.2 "Support Agreement" Section 2.3 "Trustee" Section 2.2 "US GAAP" Section 4.5 "Voting Trust Agreement" Section 2.2 1.2.

Pooling of Interests shall have the meaning set forth in the recitals hereto.

Pooling of Interests accounting treatment. Portsmouth shall use its reasonable best efforts to cause each person so identified to deliver to CFX, no later than 30 days prior to the Effective Date, a written agreement providing that such person will not dispose of any CFX Common Stock received in the Share Exchange except in compliance with the Securities Act, the rules and regulations promulgated thereunder and the SEC's rules relating to pooling of interests accounting treatment. Shares of CFX Common Stock issued to such affiliates in exchange for Portsmouth Common Stock shall not be transferable until such time as financial results covering at least 30 days of combined operations of CFX and Portsmouth have been published within the meaning of Section 201.01 of the SEC's Codification of Financial Reporting Policies, regardless of whether each such affiliate has provided the written agreement referred to in this section.

Pooling of Interests means a combi­ nation of two or more corporations which meets the conditions set forth in Opinion No. 16 of the Accounting Prin­ ciples Board of the American Institute of Certified Public Accountants (effec­ tive date October 31, 1970), 666 Fifth Avenue, New York, N Y 10019. Copies are available from that address for $0.75 each.