Accounting and Financial Management. Maintain an accounting and control system, management information system and books of account and other records, which together adequately give a fair and true view of the financial condition of the Borrower and the results of its operations in conformity with the Accounting Standards;
Accounting and Financial Management. Each Borrower Party shall (a) maintain adequate management information and cost control systems and (b) maintain a system of accounting in which full and correct entries shall be made of all financial transactions and the assets and business of the relevant Borrower Party in accordance with U.S. GAAP. In the event that any Borrower Party replaces its existing auditors for any reason, the relevant Borrower Party shall appoint and maintain as auditors another firm of independent public accountants, which firm shall be internationally recognized and approved by the Requisite Financing Parties.
Accounting and Financial Management. Each of the Borrower and any other Fiduciary Assignor shall (a) maintain reasonably adequate management information and cost control systems, and (b) maintain a system of accounting in which full and correct entries shall be made of all of its financial transactions and assets and business in accordance with Brazilian GAAP. In the event that the Borrower or any other Fiduciary Assignor replaces its existing auditors for any reason, the Borrower or such Fiduciary Assignor shall appoint and maintain as auditors another firm of independent public accountants, which firm shall be internationally recognized.
Accounting and Financial Management. The Borrower shall, and shall cause its Subsidiaries to (a) maintain adequate management information and cost control systems, (b) maintain a system of accounting in which full and correct entries shall be made of all financial transactions and the assets and business of such Borrower in accordance with GAAP and (c) promptly deliver to the Administrative Agent a copy of any “management letter” or other similar communication received by Borrower from Borrower’s accountants relating to Borrower’s financial, accounting and other systems, management or accounts. In the event that Borrower or any of its Subsidiaries replace their existing auditors for any reason, the Borrower shall appoint and maintain as auditors another firm of independent public accountants, which firm shall be nationally recognized and approved by the Lenders.
Accounting and Financial Management. (a) Each Borrower shall (i) maintain adequate accounting, management information and cost control systems; (ii) prepare its Financial Statements in accordance with GAAP; (iii) engage Xxxxx & Young, or other independent internationally recognized auditor satisfactory to OPIC as its regular independent auditor; (iv) notify OPIC of any change in such auditor and the reason therefor; and
Accounting and Financial Management. SCL shall provide advice and assistance to the Corporation, from time to time, on the management of its accounting function and corporate finance activities.
Accounting and Financial Management. On and from the completion of the Corporate Governance Plan (as defined in the Restructuring Agreement) contemplated under the Restructuring Agreement, maintain an accounting and control system, management information system and books of account and other records, which together adequately reflect truly and fairly the financial condition of the Borrower, each Co-Borrower and their respective Subsidiaries and the results of their respective operations in conformity with the Accounting Standards;
Accounting and Financial Management. Each of the Borrower and the Pledgors shall (a) maintain reasonably adequate management information and cost control systems, and (b) maintain a system of accounting in which full and correct entries shall be made of all of its financial transactions and assets and business in accordance with Mexico GAAP. In the event that the Borrower or a Pledgor replaces its existing auditors for any reason, the Borrower or such Pledgor shall appoint and maintain as auditors another firm of independent public accountants, which firm shall be internationally recognized.
Accounting and Financial Management. The Company shall (i) maintain adequate management information and cost control systems, (ii) maintain a system of accounting, (iii) prepare its financial statements in accordance with Brazilian GAAP, (iv) engage the Brazilian affiliates of KPMG, or other independent internationally recognized accountants, as its independent accountants and (v) upon OPIC’s reasonable request to the Company, instruct such accountants to communicate directly with OPIC regarding the Company’s accounts and operations relating to the Project and the Transaction Documents. Without limiting the foregoing, the Company shall maintain the systems described in clauses (i) and (ii) and related management and accounting policies in a manner adequate to ensure compliance with applicable Corrupt Practices Laws.
Accounting and Financial Management. (a) The Borrower shall, and shall cause IL to (i) maintain adequate management information and cost control systems, (ii) maintain a system of accounting, (iii) prepare the Companies’ Financial Statements in accordance with U.S. GAAP (including a Uniform Credit Analysis Cash Flow Statement), (iv) engage KPMG or other independent internationally recognized accountants satisfactory to OPIC, (v) cause such independent accountants to prepare the Supplemental Financial Statements, (vi) notify OPIC of any change in such accountants and the reason therefor, and (vii) upon OPIC’s reasonable request to the Borrower, shall instruct such accountants to communicate directly with OPIC regarding the Companies’ accounts and operations. Without limiting the foregoing, the Borrower shall, and shall cause IL to, maintain the systems described in clauses (i) and (ii) and related management and accounting policies in a manner adequate to ensure compliance with applicable Corrupt Practices Laws.
