Common use of Accounting Methods and Financial Records Clause in Contracts

Accounting Methods and Financial Records. The Borrower shall, and shall cause the Parent and each Subsidiary of the Borrower to, maintain a system of accounting established and administered in accordance with GAAP, keep adequate records and books of account in which complete entries will be made and all transactions reflected in accordance with GAAP, and keep accurate and complete records of its respective assets. The Borrower and each of its Subsidiaries shall maintain a fiscal year ending on December 31.

Appears in 5 contracts

Samples: Credit Agreement (Pinnacle Holdings Inc), Credit Agreement (Pinnacle Holdings Inc), Credit Agreement (Pinnacle Holdings Inc)

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Accounting Methods and Financial Records. The Borrower shall, and shall cause the Parent and each Subsidiary of the Borrower its Subsidiaries to, maintain a system of accounting established and administered in accordance with GAAP, keep adequate records and books of account in which complete entries will be made and all transactions reflected in accordance with GAAP, and keep accurate and complete records of its respective assets. The Borrower and each of its Subsidiaries shall maintain a fiscal year ending on December 31.

Appears in 5 contracts

Samples: Credit Agreement (Club Corp International), Credit Agreement (Clubcorp Inc), Security Agreement (Pillowtex Corp)

Accounting Methods and Financial Records. The Each Borrower shallwill maintain, and shall will cause the Parent and each Subsidiary of the Borrower toits Subsidiaries to maintain, maintain a system of accounting established and administered in accordance with GAAP, keep and will keep, and will cause each of its Subsidiaries to keep, adequate records and books of account in which complete entries will be made and all transactions reflected in accordance with GAAP, such accounting principles consistently applied and keep accurate and complete records of its respective assets. The Borrower and each of its Subsidiaries shall maintain a fiscal year ending on December 31reflecting all transactions required to be reflected by such accounting principles.

Appears in 4 contracts

Samples: Credit Agreement (Bull Run Corp), Credit Agreement (Bull Run Corp), Credit Agreement (Bull Run Corp)

Accounting Methods and Financial Records. The Borrower shallwill, and shall will cause the Parent each of its Subsidiaries on a consolidated and each Subsidiary of the Borrower consolidating basis to, maintain a system of accounting established and administered in accordance with GAAP, keep adequate records and books of account in which complete entries will be made and all transactions reflected in accordance with GAAP and reflecting all transactions required to be reflected by GAAP, and keep accurate and complete records of its their respective properties and assets. The Borrower and each of its Subsidiaries shall maintain a fiscal year ending on December 31.

Appears in 3 contracts

Samples: Term Loan Agreement (American Tower Corp /Ma/), Loan Agreement (American Tower Corp /Ma/), Loan Agreement (American Tower Corp /Ma/)

Accounting Methods and Financial Records. The Each Borrower shall, and shall cause the Parent and each Subsidiary of the Borrower to, will maintain a system of accounting established and administered in accordance with GAAP, keep adequate records and books of account in which complete entries will be made and reflecting all transactions reflected transactions, in accordance each case to the extent consistent with GAAPgood business practice, and keep accurate and complete records of its respective properties and assets. The Borrower and each of its Subsidiaries shall maintain a fiscal year ending on December 31.

Appears in 2 contracts

Samples: Term Loan Agreement (Sunshine Silver Mining & Refining Corp), Term Loan Agreement (Sunshine Silver Mining & Refining Corp)

Accounting Methods and Financial Records. The Borrower shall, and shall cause the Parent and each Subsidiary of the Borrower to, maintain a system of accounting which is established and administered in accordance with GAAP, keep adequate records and books of account in which entries that are accurate and complete entries will in all material respects shall be made and all transactions reflected in accordance with GAAP, such accounting principles reflecting all transactions required to be reflected by such accounting principles and keep records of any Assets owned by it that are accurate and complete records of its respective assets. The Borrower and each of its Subsidiaries shall maintain a fiscal year ending on December 31in all material respects.

Appears in 2 contracts

Samples: Credit Agreement (Usg Corp), Credit Agreement (Usg Corp)

Accounting Methods and Financial Records. The Borrower Borrowers shall, and shall cause the Parent and each Subsidiary of the Borrower their Subsidiaries to, maintain a system of accounting established and administered in accordance with GAAP, keep adequate records and books of account in which complete entries will be made and all transactions reflected in accordance with GAAP, and keep accurate and complete records of its respective assets. The Borrower Borrowers shall, and shall cause each of its their Subsidiaries shall to maintain a fiscal year ending on December 31.

Appears in 2 contracts

Samples: Credit Agreement (Pacific Gateway Exchange Inc), Credit Agreement (Pacific Gateway Exchange Inc)

Accounting Methods and Financial Records. The Borrower shall, and shall cause the Parent and each Subsidiary of the Borrower to, maintain a system of accounting established and administered in accordance with GAAP, keep adequate records and books of account in which complete entries will be made and all transactions reflected in accordance with GAAP, and keep accurate and complete records of its respective assets. The Borrower and each of its Subsidiaries shall maintain a its fiscal year ending in the manner in existence on December 31the Agreement Date.

Appears in 2 contracts

Samples: Credit Agreement (Sunterra Corp), Credit Agreement (Signature Resorts Inc)

Accounting Methods and Financial Records. The Borrower shall, ---------------------------------------- and shall cause the Parent and each Subsidiary of the Borrower to, maintain a system of accounting established and administered in accordance with GAAP, keep adequate records and books of account in which complete entries will be made and all transactions reflected in accordance with GAAP, and keep accurate and complete records of its respective assets. The Borrower and each of its Subsidiaries shall maintain a fiscal year ending on December 31.

Appears in 1 contract

Samples: Credit Agreement (Doskocil Manufacturing Co Inc)

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Accounting Methods and Financial Records. The Borrower shall, ---------------------------------------- and shall cause the Parent and each Subsidiary of the Borrower to, maintain a system of accounting established and administered in accordance with GAAP, keep adequate records and books of account in which complete entries will be made and all transactions reflected in accordance with GAAP, and keep accurate and complete records of its respective assets. The Borrower and each of its Subsidiaries shall maintain a its fiscal year ending in the manner in existence on December 31the Agreement Date.

Appears in 1 contract

Samples: Credit Agreement (Signature Resorts Inc)

Accounting Methods and Financial Records. The Borrower shall, and shall cause the Parent and each Subsidiary and Affiliate of the Borrower to, maintain a system of accounting established and administered in accordance with GAAP, keep adequate accurate records and books of account in which complete entries will be made and all transactions reflected in accordance with GAAP, and keep accurate and complete records of its respective assets. The Borrower and each of its Subsidiaries and Affiliates shall maintain a its fiscal year ending in the manner in existence on December 31the Agreement Date.

Appears in 1 contract

Samples: Credit Agreement (Equivest Finance Inc)

Accounting Methods and Financial Records. The Borrower shall, for itself and on behalf of its Subsidiaries shall cause the Parent and each Subsidiary of the Borrower to, maintain a system of accounting established and administered in accordance with GAAP, GAAP and will keep adequate records and books of account in all material respects in which complete entries will be made and all transactions reflected in accordance with GAAP, such accounting principles consistently applied and keep accurate and complete records of its respective assets. The Borrower and each of its Subsidiaries shall maintain a fiscal year ending on December 31reflecting all transactions required to be reflected by such accounting principles.

Appears in 1 contract

Samples: Credit Agreement (Vulcan Materials CO)

Accounting Methods and Financial Records. The Borrower shallwill, and shall will cause the Parent and each Subsidiary of the Borrower its Subsidiaries to, maintain a system of accounting established accounting, and administered keep such books, records and accounts (which shall be true and complete), as may be required or as may be necessary to permit the preparation of financial statements in accordance with GAAP, keep adequate records and books of account in which complete entries will be made and all transactions reflected in accordance with GAAP, and keep accurate and complete records of its respective assets. The Borrower and each of its Subsidiaries shall maintain a fiscal year ending on December 31.

Appears in 1 contract

Samples: Loan and Security Agreement (Gni Group Inc /De/)

Accounting Methods and Financial Records. The Borrower ---------------------------------------- shall, and shall cause the Parent and each Subsidiary of the Borrower to, maintain a system of accounting established and administered in accordance with GAAP, keep adequate records and books of account in which complete entries will be made and all transactions reflected in accordance with GAAP, and keep accurate and complete records of its respective assets. The Borrower and each of its Subsidiaries shall maintain a its fiscal year ending in the manner in existence on December 31the Agreement Date.

Appears in 1 contract

Samples: Credit Agreement (Sunterra Corp)

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