Common use of DEFERRED REVENUE Clause in Contracts

DEFERRED REVENUE. None of the Acquired Corporations has any material deferred or unearned income that will be reportable in a taxable period beginning after the Closing that is attributable to a transaction that occurred prior to the Closing.

Appears in 3 contracts

Sources: Merger Agreement (Kratos Defense & Security Solutions, Inc.), Merger Agreement (Sys), Agreement and Plan of Merger and Reorganization (Sys)