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Common use of Loss Reserve Clause in Contracts

Loss Reserve. Parent and its Subsidiaries shall maintain, on a consolidated basis, loss reserves at all times during the term of the Agreement in amounts required to be maintained under GAAP.

Appears in 5 contracts

Sources: Loan Agreement (Conns Inc), Loan Agreement (Conns Inc), Loan and Security Agreement (Conns Inc)

Related Clauses

  • Insurance Reserves
  • Reserve Account Draw Amount
  • Reserve Fund
  • Collection of Taxes, Assessments and Similar Items; Servicing Accounts; Reserve Accounts
  • Basis Risk Reserve Fund

Parent Clauses

  • Affirmative Covenants
  • Regulatory Events
  • Miscellaneous
  • Covenants and Continuing Agreements
  • Governmental Authorization

Sub-Clauses

  • Intentionally Omitted
  • Establishment and Use of Accounts
  • Reserve Account
  • Permitted Investments
  • Lockbox Accounts
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