Common use of NOLs Clause in Contracts

NOLs. As of the date hereof, the Company and its Subsidiaries had net operating loss carryovers available to offset future income as set forth in Section 2.9(r) of the Company Disclosure Schedule. Section 2.9(r) of the Company Disclosure Schedule sets forth the amount of and year of expiration of each company's net operating loss carryovers.

Appears in 2 contracts

Sources: Merger Agreement (Sempra Energy), Merger Agreement (K N Energy Inc)