Tax Reserves. Except as set forth in Section 4.9(c) of the Company Disclosure Schedule, the Company and its Subsidiaries have established (and until the Effective Time will maintain) on their books and records reserves adequate to pay all Taxes, all deficiencies in Taxes asserted or proposed against the Company or its Subsidiaries and reserves for deferred income taxes in accordance with GAAP.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (Morgan Associates Inc), Agreement and Plan of Merger (K N Energy Inc), Agreement and Plan of Merger (Kinder Richard D)
Tax Reserves. Except as set forth in Section 4.9(c2.9(c) of the Company Disclosure Schedule, the Company and its Subsidiaries have established (and until the Effective Time Closing Date will maintain) on their books and records reserves adequate to pay all Taxes, all deficiencies in Taxes asserted or proposed against the Company or its Subsidiaries and reserves for deferred income taxes in accordance with GAAP.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (K N Energy Inc), Agreement and Plan of Merger (Sempra Energy)
Tax Reserves. Except as set forth in Section 4.9(c4.8(c) of the Company Seller Disclosure Schedule, the Company and its Subsidiaries have established (and until the Effective Time Closing will maintain) on their books and records reserves adequate to pay all Taxes, all deficiencies in Taxes asserted or proposed against the Company or its Subsidiaries and reserves for deferred income taxes in accordance with GAAP.
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