Payment of reserves for temporary agency workers who have reached the age on which they become entitled to state pension (AOW)
Payment of reserves. Within thirty days after the Distribution Date, Altria shall pay to PMI an amount equal to the Federal Income Tax reserve for uncertain Tax positions attributable to the PMI Group and recorded on the books and records of Altria as of the Distribution Date.
Payment of reserves. Within thirty days after the Distribution Date, Altria shall pay to Kraft an amount equal to the Federal Income Tax reserve for uncertain Tax positions attributable to the Kraft Group and recorded on the books and records of Altria as of the Distribution Date. The amount paid by Altria to Kraft under this Section 9.02 shall include interest at the intercompany rate accruing on such reserve amounts from the later of January 1, 2001 or the various dates on which Kraft paid particular amounts to Altria with respect to such reserve, through the date that Altria pays the amount equal to the reserve to Kraft pursuant to this Section 9.02.
Payment of reserves. Buyer shall pay to Sellers following amounts, if any, on a when sold or an as-collected basis, as the case may be, during the period commencing as of the Closing Date and ending December 31, 2014: (i) with respect to the Inventory Reserve, when any amount of inventory subject to such reserve is sold, and (ii) with respect to the A/R Reserve, when the accounts receivable subject to such reserve are collected, in each such case in the Ordinary Course of Business. Buyer shall use its commercially reasonable efforts to sell such reserved inventory and to collect such reserved accounts receivable. Any payment arising from the sale of reserved inventory or the collection of reserved accounts receivable shall be made to Sellers on or before April 1, 2015. If neither Wxxxxx nor Sxxxxxx is employed by Buyer on April 1, 2015, Buyer shall permit PMG Companies to review Buyer's books and records to determine the accuracy of Buyer's payments, if any, made with respect to the Inventory Reserve and the A/R Reserve. All disputes regarding any such payments shall be resolved by the Arbitrator.
Payment of reserves. (a) Borrower shall deposit all “Tax Escrow Deposits” and “Insurance Escrow Deposits” required under the Operating Leases and received by Borrower from Tenants in a depository account or accounts (collectively, the “Escrow Account”) with Agent. Provided there is then no uncured Event of Default, Borrower may withdraw funds from the Escrow Account to pay property taxes and insurance premiums due with respect to the Facilities. All funds deposited in the Escrow Account and all interest accruing thereon shall belong to Borrower. Borrower grants Agent, for the benefit of Lenders, a security interest in and to the Escrow Account and all funds at any time on deposit therein and all earnings thereon as security for the Obligations.. If there is an Event of Default, Agent may terminate or restrict Borrower’s access to the Escrow Account and Agent may, at its option, apply funds in the Escrow Account to the Obligations in such order as Agent may require.
