Common use of Pooling Letter Clause in Contracts

Pooling Letter. CFB shall have received a letter from Ernst & Young, in form and substance reasonably satisfactory to CFB, approving the accounting treatment of the Merger as a "pooling of interests" in accordance with generally accepted accounting principles, as of a date no more than five business days prior to the Closing Date; in support of the Ernst & Young pooling letter, Ernst & Young and CFB shall have received a letter from Summit's accountants, in form and substance reasonably satisfying to Ernst & Young, confirming certain facts on behalf of Summit.

Appears in 1 contract

Samples: Merger Agreement (Community First Bankshares Inc)

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Pooling Letter. CFB shall have received a letter from Ernst & Young, in form and substance reasonably satisfactory to CFB, approving the accounting treatment of the Merger as a "pooling of interests" in accordance with generally accepted accounting principles, as of a date no more than five business days prior to the Closing Date; in support of the Ernst & Young pooling letter, Ernst & Young and CFB shall have received a letter from SummitWestern's accountants, in form and substance reasonably satisfying satisfactory to Ernst & Young, confirming certain facts on behalf of SummitWestern.

Appears in 1 contract

Samples: Merger Agreement (Community First Bankshares Inc)

Pooling Letter. CFB shall have received a letter from Ernst & Young, in form and substance reasonably satisfactory to CFB, approving the accounting treatment of the Merger as a "pooling of interests" in accordance with generally accepted accounting principles, as of a date no more than five business days prior to the Closing Date; in support of the Ernst & Young pooling letter, Ernst & Young and CFB shall have received a letter from SummitGuardian's accountants, in form and substance reasonably satisfying satisfactory to Ernst & Young, confirming certain facts on behalf of SummitGuardian.

Appears in 1 contract

Samples: Merger Agreement (Community First Bankshares Inc)

Pooling Letter. CFB shall have received a letter from Ernst & Young, in form and substance reasonably satisfactory to CFB, approving the accounting treatment of the Merger as a "pooling of interests" in accordance with generally accepted accounting principles, as of a date no more than five business days prior to the Closing Date; in support of the Ernst & Young pooling letter, Ernst & Young and CFB shall have received a letter from SummitRepublic's accountants, in form and substance reasonably satisfying to Ernst & Young, confirming certain facts on behalf of SummitRepublic.

Appears in 1 contract

Samples: Merger Agreement (Community First Bankshares Inc)

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Pooling Letter. CFB shall have received a letter from Ernst & Young, in form and substance reasonably satisfactory to CFB, approving the accounting treatment of the Merger as a "pooling of interests" in accordance with generally accepted accounting principles, as of a date no more than five business days prior to the Closing Date; in support of the Ernst & Young pooling letter, Ernst & Young and CFB shall have received a letter from SummitFNB's accountants, in form and substance reasonably satisfying to Ernst & Young, confirming certain facts on behalf of SummitFNB.

Appears in 1 contract

Samples: Merger Agreement (Community First Bankshares Inc)

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