Adequate Reserves. The Borrower will, and will cause each of its Restricted Subsidiaries to maintain, overall reserves on their respective books and records in accordance with GAAP, which overall reserves shall be adequate in the opinion of the management of the Borrower and each Restricted Subsidiary for the purposes for which they were established.
Adequate Reserves. GMN shall maintain at all times during the Term an inventory of Raw Materials sufficient in GMN’s reasonable judgment to maintain continuity of supply of Product to PDL, based on the accepted purchase orders, provided that GMN shall use up the PDL-Provided Materials listed in Annex G. All PDL-Provided Materials provided to GMN from PDL to perform GMN’s obligations under the Agreement shall be licensed or otherwise provided to GMN cost-free.
Adequate Reserves. To the extent required by GAAP, maintain adequate reserves for (i) future costs associated with any lung disease claim alleging pneumoconiosis or silicosis or arising out of exposure or alleged exposure to coal dust or the coal mining environment, (ii) future costs associated with retiree and health care benefits, (iii) future costs associated with reclamation of disturbed acreage, removal of facilities and other closing costs in connection with its mining operations and (iv) future costs associated with other potential environmental liabilities.
Adequate Reserves. The charges, accruals and reserves for Taxes (including deferred Taxes) currently reflected on the Financial Statements in accordance with GAAP are adequate in all material respects to cover all unpaid Taxes accruing or payable by the Target or any of its Subsidiaries in respect of taxable periods that end on or before the Closing Date and for any taxable periods that begin before the Closing Date and end thereafter to the extent such Taxes are attributable to the portion of such period ending on the Closing Date (determined under the closing of the books method of allocation).
Adequate Reserves. Except as set forth on Section 11(b) of the Disclosure Schedule, the reserves, provisions and accruals disclosed on or reflected in the Balance Sheet and Audited Financial Statements are sufficient to provide for the liabilities or expected losses in respect of which they were established.
Adequate Reserves. 75 7.4 Partnership or Corporate Existence; Business; Compliance with Laws........................... 75 7.5 Payment of Taxes and Claims.................................................................. 75 7.6 Maintenance of Properties; Insurance......................................................... 76 7.7
Adequate Reserves. 99 SECTION 5.18 Limitations on Designation of Unrestricted Subsidiaries...........................99
Adequate Reserves. Set up and maintain on its books such reserves as may be required by GAAP with respect to doubtful accounts and all taxes, assessments, charges, levies and claims with respect to its business, and include such reserves in its quarterly as well as year-end financial statements.
Adequate Reserves. 22 Affiliate.................................................................................................................................... 63 Agreement.................................................................................................................................. 1
Adequate Reserves
