Tax Reserves. The Company and the Company Subsidiaries have established (and until the Closing Date will maintain) on their books and records reserves which adequately reflect its estimate of the amounts required to pay all Taxes in accordance with GAAP.
Appears in 5 contracts
Sources: Asset Purchase Agreement (Eagle Point Software Corp), Merger Agreement (Sokol David L), Merger Agreement (Midamerican Energy Holdings Co /New/)
Tax Reserves. The Company and the Company its Subsidiaries have established (and until the Closing Date will maintain) on their books and records reserves which adequately reflect its estimate of the amounts required adequate to pay all Taxes and reserves for deferred income taxes in accordance with GAAP.
Appears in 2 contracts
Sources: Agreement and Plan of Merger (Nipsco Industries Inc), Merger Agreement (Bay State Gas Co /New/)
Tax Reserves. The Company and the Company Subsidiaries have has established (and until the Closing Date will maintain) on their its books and records records, including the Company Financial Statements (i) reserves which adequately reflect its estimate of the amounts required adequate to pay all Taxes and all deficiencies in Taxes asserted, proposed or threatened against the Company and (ii) reserves for deferred income taxes, in each case in accordance with GAAP.
Appears in 1 contract