ARAM definition
Examples of ARAM in a sentence
The Company will identify whether it will begin using ARAM accounting, and if it indicates it will not be able to adopt ARAM accounting, explain in detail each reason why itis not able to comply with ARAM accounting.
Each Borrower covenants and agrees that the proceeds of the Loans will be used only to (i) finance acquisitions, investments and share repurchases, including the ARAM Acquisition; (ii) pay the fees, expenses and other transaction costs of the transactions contemplated hereby (including in connection with the ARAM Acquisition); and (iii) in regard to the Revolving Loans only, fund working capital needs and general corporate purposes of each Borrower and its respective Subsidiaries.
By no later than February 28, 2019, MAWC agrees to file a report with the Commission regarding the Company’s ability to comply with ARAM accounting.
If not cost prohibitive, and if the records can be established to do so, it is currently MAWC’s and the Internal Revenue Code’s preference to use ARAM, and MAWC will act as expediently as possible to establish ARAM as its method of accounting for purposes of normalizing excess protected ADIT.
The information contained in each of the annual returns filed for ARAM during the period from January 1, 1993 to December 31, 2003 regarding the identification of the shareholders and the changes in directors of ARAM was true and correct as of the date each such annual report was filed.
At the time of the next rate case, the tracker balance will be amortized over five years, unless the ADIT is subject to a provision of the tax normalization rules in which case it will be addressed pursuant to either ARAM or the Reverse South Georgia Method (“RSGM”).
In addition, unprotected plant related items can only be broken out if records to utilize ARAM can be established.
All actions taken by the shareholders and the directors of ARAM during such 10-year period were not outside the Ordinary Course of Business for such shareholders and directors, respectively.
Venture may use the Software on up to three computers provided that its use is solely for the preparation and analysis of data to be acquired or having been acquired with Venture's ARAM 24 Seismic Recording System, which is the subject of the Conditional Sale Agreement.
Lender shall have received a favourable legal opinion from Nova Scotia counsel to Borrower in connection with the “bankruptcy remoteness” of Borrower, the non-consolidation of its property, assets and liabilities with that of ARAM, the Guarantor or any Affiliate of ARAM or the Guarantor and related matters, which opinion shall be satisfactory to Lender and its counsel, acting reasonably.