Common use of No Deficiency Clause in Contracts

No Deficiency. No deficiency for any Taxes has been proposed, ------------- asserted or assessed against BEC or any of its subsidiaries that has not been resolved and paid in full.

Appears in 1 contract

Sources: Merger Agreement (B E C Energy)

No Deficiency. No deficiency for any Taxes has been proposed, ------------- asserted or assessed against BEC or any of its subsidiaries that has not been resolved and paid in full.

Appears in 1 contract

Sources: Merger Agreement (Commonwealth Energy System)