Common use of Assets, Liabilities, Reserves and Accounts Clause in Contracts

Assets, Liabilities, Reserves and Accounts. Upon the Effective Date, the assets, liabilities, reserves, and accounts of the Non-Surviving Corporation shall be taken upon the books of the Surviving Corporation at the amounts at which they would have been carried on the books of the Non-Surviving Corporation, subject to such adjustments or eliminations of intercompany items, if any, as may be appropriate in giving effect to the Merger.

Assets, Liabilities, Reserves and Accounts. Upon the Effective Date, the assets, liabilities, reserves, and accounts of the Non-Surviving Corporation shall be taken upon the books of the Surviving Corporation at the amounts at which they they, would have been carried on the books of the Non-Surviving Corporation, subject to such adjustments adjustments, or eliminations of intercompany items, if any, as may be appropriate in giving effect to the Merger.

Assets, Liabilities, Reserves and Accounts. Upon the Effective Date, the assets, liabilities, reserves, and accounts of the Non-Surviving Corporation shall be taken upon the books of the Surviving Corporation at the amounts at which they would have been they, respectively, shall then be carried on the books of the Non-Surviving Corporation, subject to such adjustments adjustments, or eliminations of intercompany items, if any, as may be appropriate in giving effect to the Mergermerger.