Common use of Reserves for Payment of Taxes Clause in Contracts

Reserves for Payment of Taxes. The Financials fully accrue all actual and contingent liabilities for Taxes with respect to all periods through the dates thereof in accordance with GAAP. The Company has not incurred any liability for Taxes since the Balance Sheet Date outside of the ordinary course of business.

Appears in 1 contract

Samples: Merger Agreement (KnowBe4, Inc.)

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Reserves for Payment of Taxes. The Financials accurately and fully accrue in all material respects all actual and contingent liabilities for Taxes with respect to all periods through the dates thereof in accordance with GAAP. The Company has not incurred any liability for Taxes since the Balance Sheet Date outside of other than in the ordinary course of business.

Appears in 1 contract

Samples: Merger Agreement (Simulations Plus, Inc.)

Reserves for Payment of Taxes. The Financials accurately and fully accrue in all material respects all actual and contingent liabilities for Taxes with respect to all periods through the dates thereof in accordance with GAAP. The Neither the Company has not nor any of its Subsidiaries have incurred any liability for Taxes since the Balance Sheet Date outside of other than in the ordinary course of business.

Appears in 1 contract

Samples: Merger Agreement (Crexendo, Inc.)

Reserves for Payment of Taxes. The Financials accurately and fully accrue in all material respects all actual and contingent liabilities for Taxes with respect to all periods through the dates thereof in accordance with GAAP. The Neither the Company has not nor any of its Subsidiaries have incurred any material liability for Taxes since the Balance Sheet Date outside of other than in the ordinary course of business.

Appears in 1 contract

Samples: Merger Agreement (Coupa Software Inc)

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Reserves for Payment of Taxes. The Financials fully accrue all actual and contingent liabilities for Taxes with respect to all periods through the dates thereof in accordance with GAAPthereof. The Company has not incurred any liability for Taxes since the Balance Sheet Date outside of the ordinary course of business.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Sarcos Technology & Robotics Corp)

Reserves for Payment of Taxes. The Financials fully accurately accrue for all actual and contingent liabilities for Taxes of the Company and its Subsidiaries with respect to all periods through the dates thereof in accordance with GAAP. The Except in connection with the transactions contemplated by this Agreement, neither the Company has not nor any of its Subsidiaries have incurred any liability for Taxes since the Balance Sheet Date outside of other than in the ordinary course of businessbusiness consistent with past practice.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Zovio Inc)

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