Additional Reserves definition

Additional Reserves means such reserves as the Administrative Agent may reasonably deem proper and necessary from time to time (but without duplication of exclusions of Receivables (or portions of Receivables) or other amounts from the Borrowing Base Amount pursuant to the definition of “Eligible Receivables” in this Article I.

Additional Reserves means the additional mining reserves at the Quarry in the 23-acre Xxxxxx Parcels and the paper street rights-of-way within the boundaries of the Mining Area.

Additional Reserves reserves (other than the Letter of Credit Reserve, the Rent Reserve or the Dilution Reserve) against the Borrowing Base established by the Administrative Agent from time to time in the exercise of its reasonable credit judgment.

Examples of Additional Reserves in a sentence

• Ability to Find, Develop or Acquire Additional Reserves The Company's future success depends largely on its ability to find, develop or acquire additional oil and gas reserves that are economically recoverable.

• The “Reserve Release Payment” due to Sellers from Buyer will equal the positive amount, if any, equal to the Additional Reserves as of December 31, 2014, minus the Additional Reserves as of December 31 of such subsequent year, and minus the sum of all prior Reserve Release Payments paid hereunder.

• In addition the following risk factors should be taken into consideration: Development of Additional Reserves The Company’s future success is dependent upon its ability to develop or acquire additional oil and natural gas reserves that are economically recoverable at attractive acquisition prices.

• Without limiting the generality of Section 10.1, each Lender expressly authorizes the Administrative Agent to determine on behalf of such Lender (i) the creation or elimination of Additional Reserves and (ii) whether or not Inventory or Receivables shall be deemed to constitute Eligible Tire Inventory, Eligible Non-Tire Inventory or Eligible Receivables.

• VIVRA will recognize as income that portion of the Additional Reserves if and when it determines that such amounts are not owed to physicians, physical therapists, other service providers or payors.

More Definitions of Additional Reserves

Additional Reserves means the aggregate, incremental statutory reserves held by the Targets as a result of premium deficiency testing and cash flow testing, as shown in Exhibit 6, Row 3, Column 1 in each Target’s Statutory Statements as of the applicable date or, if the relevant location of such amount changes in such Annual Statements, in the location or locations that supersedes the prior location. As of December 31, 2014, the Additional Reserves equal $ 75,312,811.

Additional Reserves means the aggregate, incremental statutory reserves held by the Targets as a result of premium deficiency testing, as reflected in CLIC’s annual audited Statutory Statements as of the applicable date.

Additional Reserves means certain reserves or write-offs that the Company and its Subsidiaries, on a consolidated basis, would be required to establish for certain additional outstanding receivables or claims originated prior to December 31, 2001, so long as such reserves or write-offs are established after the Fifth Amendment Effective Date.

Additional Reserves has the meaning set forth in Section 2.8(b)(i).

Additional Reserves means the net reserves required in relation to a class of insurance business.

Additional Reserves means such reserves, in such amounts and with respect to such matters, as the Administrative Agent at the direction of the Required Lenders in their Permitted Discretion may elect to impose from time to time.

Additional Reserves any Partnership reserves which are funded after the ------------------- Term Loan Date other than reserves which are required by the Financing Agreement.