Tax Reserves. Except as set forth in Section 4.9(c) of the Company Disclosure Schedule, the Company and its Subsidiaries have established (and until the Effective Time will maintain) on their books and records reserves adequate to pay all Taxes, all deficiencies in Taxes asserted or proposed against the Company or its Subsidiaries and reserves for deferred income taxes in accordance with GAAP.
Appears in 3 contracts
Sources: Merger Agreement (Morgan Associates Inc), Merger Agreement (Kinder Richard D), Merger Agreement (K N Energy Inc)
Tax Reserves. Except as set forth in Section 4.9(c2.9(c) of the Company Disclosure Schedule, the Company and its Subsidiaries have established (and until the Effective Time Closing Date will maintain) on their books and records reserves adequate to pay all Taxes, all deficiencies in Taxes asserted or proposed against the Company or its Subsidiaries and reserves for deferred income taxes in accordance with GAAP.
Appears in 2 contracts
Sources: Merger Agreement (Sempra Energy), Merger Agreement (K N Energy Inc)
Tax Reserves. Except as set forth in Section 4.9(c4.8(c) of the Company Seller Disclosure Schedule, the Company and its Subsidiaries have established (and until the Effective Time Closing will maintain) on their books and records reserves adequate to pay all Taxes, all deficiencies in Taxes asserted or proposed against the Company or its Subsidiaries and reserves for deferred income taxes in accordance with GAAP.
Appears in 1 contract