Tax Reserves. KCPL and each of the KCPL Subsidiaries have established on their books and records reserves adequate to pay all Taxes and reserves for deferred income taxes in accordance with GAAP.
Appears in 3 contracts
Sources: Merger Agreement (Kansas Gas & Electric Co /Ks/), Agreement and Plan of Merger (Kansas City Power & Light Co), Agreement and Plan of Merger (Western Resources Inc /Ks)
Tax Reserves. KCPL and each of the KCPL Subsidiaries have established on their books and records reserves adequate to pay all Taxes and reserves for deferred income taxes in accordance with GAAP.
Appears in 2 contracts
Sources: Merger Agreement (Western Resources Inc /Ks), Merger Agreement (Kansas City Power & Light Co)
Tax Reserves. KCPL and each of the KCPL Subsidiaries have established on their books and records reserves adequate to pay all material Taxes and reserves for deferred income taxes in accordance with GAAP.
Appears in 1 contract
Sources: Agreement and Plan of Merger (Kansas City Power & Light Co)