Reserves

Reserves. Shall mean the number of shares of Common Stock covered by each option under the Plan that have not yet been exercised and the number of shares of Common Stock which have been authorized for issuance under the Plan but not yet placed under option.

Reserves. Means, as of any date of determination, such amounts as Silicon may from time to time establish and revise in its good faith business judgment, reducing the amount of Loans, Letters of Credit and other financial accommodations which would otherwise be available to Borrower under the lending formula(s) provided in the Schedule: (a) to reflect events, conditions, contingencies or risks which, as determined by Silicon in its good faith business judgment, do or may adversely affect (i) the... Collateral or any other property which is security for the Obligations or its value (including without limitation any increase in delinquencies of Accounts), (ii) the assets, business or prospects of Borrower or any Guarantor, or (iii) the security interests and other rights of Silicon in the Collateral (including the enforceability, perfection and priority thereof); or (b) to reflect Silicon's good faith belief that any collateral report or financial information furnished by or on behalf of Borrower or any Guarantor to Silicon is or may have been incomplete, inaccurate or misleading in any material respect; or (c) in respect of any state of facts which Silicon determines in good faith constitutes an Event of Default or may, with notice or passage of time or both, constitute an Event of Default. View More

Reserves. As of any date, the sum of (1) the number of shares of Common Stock covered by each then outstanding option under the Plan which has not yet been exercised and (2) the number of shares of Common Stock which have been authorized for issuance under the Plan but not then subject to an outstanding option.

Reserves. (h) the Availability Reserve.

Reserves. Shall mean the number of shares of Class A Common Stock covered by each option under the Plan which have not yet been exercised and the number of shares of Class A Common Stock which have been authorized for issuance under the 3 Plan but not yet placed under option.

Reserves. Shall mean the number of Ordinary Shares covered by each option under the Plan which have not yet been exercised and the number of Ordinary Shares which have been authorized for issuance under the Plan but not yet placed under option.

Reserves. Shall mean the number of shares of Common Stock covered by Awards under this Plan that have not yet been exercised and the number of shares of Common Stock that have been authorized for issuance under this Plan, but not yet awarded.

Reserves. Amounts established by Purchaser in its sole discretion, for, by way of example only and not limitation, the following purposes: payment of fees and expenses due Purchaser under this Agreement, Purchased Accounts which become doubtful as to collection in whole or in part or deductibles with respect to credit insurance claims on Purchased Accounts.

Reserves. The definition of "Reserves" in Section 1.119 of the Loan Agreement is hereby amended by inserting the following sentence at the end of the second sentence of such definition: "Without limiting the generality of the foregoing, Reserves may, at Agent's option, be established to reflect obligations, liabilities or indebtedness (contingent or otherwise) of Borrowers or Guarantors to Agent or any Bank Product Provider arising under or ... in connection with any Bank Products or as Agent or such Bank Product Provider may otherwise require in connection therewith to the extent that such obligations, liabilities or indebtedness constitute Obligations as such term is defined herein or otherwise receive the benefit of the security interest of Agent in any Collateral." View More

Reserves. Means, as of any date of determination, such amounts as Silicon may from time to time establish and revise in good faith reducing the amount of Loans, Letters of Credit and other financial accommodations which would otherwise be available to Borrower under the lending formula(s) provided in the Schedule: (a) to reflect events, conditions, contingencies or risks which, as determined by Silicon in good faith, do or may affect (i) the Collateral or any other property which is security for the... Obligations or its value (including without limitation any increase in delinquencies of Receivables), (ii) the assets, business or prospects of Borrower or any Guarantor, or (iii) the security interests and other rights of Silicon in the Collateral (including the enforceability, perfection and priority thereof); or (b) to reflect Silicon's good faith belief that any collateral report or financial 9 SILICON VALLEY BANK LOAN AND SECURITY AGREEMENT ________________________________________________________________________ information furnished by or on behalf of Borrower or any Guarantor to Silicon is or may have been incomplete, inaccurate or misleading in any material respect; or (c) in respect of any state of facts which Silicon determines in good faith constitutes an Event of Default or may, with notice or passage of time or both, constitute an Event of Default. View More