Company Reserves definition

Company Reserves means, collectively, the Bad Debts Reserve, the Cash Discount Reserve and the Claims Reserve.
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Company Reserves means any and all reserves and escrow accounts maintained by or for the benefit of the Company for working capital, capital improvements and similar contingencies relating to the operation, maintenance, repair or refurbishment of the Project, including, without limitation, the reserve required to be maintained by the Company pursuant to the provisions of Section 5.8.
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Company Reserves has the meaning set forth in Section 2.7(a).
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Examples of Company Reserves in a sentence

  • Subject to the Company Reserves and any write-down of any Accounts Receivable in connection with the Working Capital Adjustment in Section 3.4, there is no contest, claim, counterclaim, defense or right of set-off under any Contract or otherwise with any obligor of any Account Receivable relating to the amount or validity of such Account Receivable.

  • Company Reserves, Production and Discussion by Significant Regions The following table presents the December 31, 2000 reserve data by significant regions.

  • The Managing Member shall cause all Company Reserves to be funded and maintained in accordance with the applicable provisions of the Operating Documents and the Mortgage Loan Documents.

  • An Offer can only be rejected if the Reinsurer does not believe the Company Reserves and Liabilities are correctly calculated or if the Reinsurer does not believe the Assets to be transferred meet its standards for reserve investments.

  • As of the Admission Date, all accounts of the Company required to be maintained under the terms of the Project Documents, including, without limitation, any Company Reserves, are currently funded to levels required by any Person or Governmental Authority with jurisdiction over the Company or the Project.

  • Company Reserves the right to correct clerical errors, and obvious errors in specifications and/or pricing.