Reserves

Reserves. ‘Reserves' means reserves that limit the availability of credit hereunder, consisting of reserves against Availability, Eligible Accounts or Eligible Inventory, established by Lender from time to time in Lender's reasonable credit judgment. Without limiting the generality of the foregoing, the following reserves shall be deemed to be a reasonable exercise of Lender's credit judgment: (a) Bank Product Reserves; (b) a reserve for accrued, unpaid interest on the Obligations; (c) reserves for rent... at leased locations subject to statutory or contractual landlord liens; (d) the Slow Moving Reserve; (e) the Dilution Adjustment Reserve; (f) warehousemen's or bailees' charges; (g) the Working Capital Reserve; (h) the Availability Reserve; (i) the Brand Sales Reserve; and (j) the Simmons Transaction Reserve. View More

Reserves. Shall mean the number of shares of Common Stock covered by each option under the Plan which 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. 2 – 2004 EMPLOYEE STOCK PURCHASE PLAN

Reserves. Shall mean the number of shares of Class B Common Stock which have been authorized for issuance under the Plan but not yet been purchased.

Reserves. A Reserve established at any time in an amount by which: the then outstanding principal amount of the Term Loan exceeds eighty (85%) of the Equipment Net Orderly Liquidation Value.

Reserves. 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

Reserves. Means, for any Covered Policy, all reserves, including loss reserves (if any), Allocated Loss Adjustment Expense reserves (if any), contingency reserves, and unearned premium reserves related to such Covered Policy calculated in a manner consistent with the Closing Date UPR.

Reserves. Such amounts as may be required by Lender at any time and from time-to-time in its reasonable discretion after exercising good faith credit judgment and after notifying Borrowers. By way of illustration only, such Reserves may be required to address matters affecting the value or quantity of the Borrowing Base which are or were unknown to Lender at Closing or as a result of any prior inspection or field audit conducted by Lender

Reserves. The sum of (i) the number of Shares covered by Options granted under the Plan that have not yet been exercised and (ii) the number of Shares that have been authorized for issuance under the Plan but have not yet been placed under an Option.

Reserves. The Company's proved reserves on December 31st of the applicable Plan Year as set forth in the official report prepared by the Company's independent petroleum engineers for such Plan Year

Reserves. The number and type of Shares covered by each option under this Plan which has not yet been exercised and the number and type of Shares which have been authorized for issuance under this Plan, including the Annual Increase, but have not yet been placed under option.