POOLING QUALIFICATION Sample Clauses
The Pooling Qualification clause defines the criteria and conditions under which assets, resources, or participants may be grouped together for a collective purpose, such as investment, insurance, or resource sharing. Typically, this clause outlines specific eligibility requirements, such as minimum standards, financial thresholds, or compliance obligations that must be met before inclusion in the pool. By establishing clear qualifications, the clause ensures that only suitable parties or assets are included, thereby managing risk and maintaining the integrity of the pooled arrangement.
POOLING QUALIFICATION. At any time after Old Kent independent accountants shall have advised Old Kent that the Merger is unlikely to qualify for treatment as a pooling-of-interests for accounting purposes.
POOLING QUALIFICATION. At any time after Old Kent's independent accountants have advised Old Kent that they are not of the opinion that the Merger is likely to qualify for treatment as a pooling-of-interests for accounting and financial reporting purposes; PROVIDED, that Old Kent shall not have wilfully taken any action to disqualify the Merger as a pooling-of-interests for accounting and financial reporting purposes; PROVIDED FURTHER, that Merchants shall have a period of 30 days after notification by Old Kent to cure any condition that would prevent the Merger from qualifying for treatment as a pooling-of-interests for accounting and financial reporting purposes.
POOLING QUALIFICATION. At any time after Old Kent's independent accountants have advised Old Kent that they are not of the opinion that the Merger is likely to qualify for treatment as a pooling-of-interests for accounting and financial reporting purposes; PROVIDED, that Old Kent shall not have wilfully taken any action to disqualify the Merger as a pooling-of-interests for accounting and financial reporting purposes.