Common use of Tax Reserves Clause in Contracts

Tax Reserves. EUA and its Subsidiaries have established (and until the Closing Date will maintain) on their books and records adequate reserves for all Taxes and for any liability for deferred income taxes in accordance with GAAP;

Appears in 4 contracts

Samples: Agreement and Plan of Merger (New England Electric System), Agreement and Plan of Merger (Eastern Edison Co), Agreement and Plan of Merger (New England Electric System)

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Tax Reserves. EUA The Company and its Subsidiaries have established (and until the Closing Date will maintain) on their books and records reserves adequate reserves for to pay all Taxes and for any liability reserves for deferred income taxes in accordance with GAAP;. 3.9.4

Appears in 1 contract

Samples: Agreement and Plan of Merger (Nipsco Industries Inc)

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Tax Reserves. EUA The Company and its Subsidiaries have established (and until the Closing Date will maintain) on their books and records reserves adequate reserves for to pay all Taxes and for any liability reserves for deferred income taxes in accordance with US GAAP;; (d)

Appears in 1 contract

Samples: Agreement and Plan of Merger (New England Electric System)

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