Common use of Accounting System Clause in Contracts

Accounting System. Maintain a system of accounting that enables Borrowers to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers also shall keep an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventory.

Appears in 20 contracts

Samples: Loan and Security Agreement (Ultimate Electronics Inc), Loan and Security Agreement (Metalico Inc), Loan and Security Agreement (Silicon Graphics Inc /Ca/)

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Accounting System. Maintain a system of accounting that enables Borrowers to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers also shall keep an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the InventoryLender.

Appears in 9 contracts

Samples: Loan and Security Agreement (Seitel Inc), Loan and Security Agreement (Old Evangeline Downs Capital Corp), Loan and Security Agreement (Matrix Geophysical, Inc.)

Accounting System. Maintain a system of accounting that enables Borrowers Borrower to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers Borrower also shall keep an inventory a reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventoryits and its Subsidiaries’ sales.

Appears in 9 contracts

Samples: Credit Agreement (Sumtotal Systems Inc), Loan and Security Agreement (Freshpet, Inc.), Loan and Security Agreement (Freshpet, Inc.)

Accounting System. Maintain a system of accounting that enables Borrowers Servicer to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers Borrower also shall keep an inventory a reporting system that shows all additions, salesfees, payments, claims, returns, and allowances write-downs with respect to the InventoryNotes Receivable.

Appears in 9 contracts

Samples: Loan and Security Agreement (Hercules Capital, Inc.), Loan and Security Agreement (Horizon Technology Finance Corp), Loan and Security Agreement (Horizon Technology Finance Corp)

Accounting System. Maintain a system of accounting that enables Borrowers Borrower to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers Borrower also shall keep an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventory.

Appears in 9 contracts

Samples: Loan and Security Agreement (Unified Grocers, Inc.), Loan and Security Agreement (BGF Industries Inc), Loan and Security Agreement (Unified Grocers, Inc.)

Accounting System. Maintain a system of accounting that enables Borrowers to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers also shall keep an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventory.

Appears in 8 contracts

Samples: Loan and Security Agreement (Majestic Holdco, LLC), Credit Agreement (Buca Inc /Mn), Loan and Security Agreement (Aegis Communications Group Inc)

Accounting System. Maintain a system of accounting that enables Borrowers Borrower to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers also shall keep an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventory.

Appears in 8 contracts

Samples: Loan and Security Agreement (GXS Corp), Loan and Security Agreement (HPSC Inc), Loan and Security Agreement (Foster Wheeler LTD)

Accounting System. Maintain a system of accounting that enables Borrowers to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers also shall keep an inventory a reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventorytheir and their Subsidiaries’ sales.

Appears in 6 contracts

Samples: Credit Agreement (Youbet Com Inc), Credit Agreement (Oasis Interval Ownership, LLC), Credit Agreement (Bell Industries Inc /New/)

Accounting System. Maintain a system of accounting that enables Borrowers Borrower to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers also shall keep an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the InventoryLender.

Appears in 6 contracts

Samples: Credit Agreement (Piccadilly Cafeterias Inc), Loan and Security Agreement (I Link Inc), Loan and Security Agreement (Equifin Inc)

Accounting System. Maintain a system of accounting that enables Borrowers Borrower to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time as reasonably may be requested by Agent. Borrowers also shall keep an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventory.

Appears in 6 contracts

Samples: Loan and Security Agreement (Acme Communications Inc), Loan and Security Agreement (Acme Communications Inc), Loan and Security Agreement (Acme Communications Inc)

Accounting System. Maintain a system of accounting that enables Borrowers to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by AgentLender. Borrowers also shall keep an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventory.

Appears in 5 contracts

Samples: Loan and Security Agreement (Metalico Inc), Loan and Security Agreement (Synavant Inc), Loan and Security Agreement (Cyrk Inc)

Accounting System. Maintain a system of accounting that enables Borrowers to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers also shall keep an inventory a reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventorytheir sales.

Appears in 3 contracts

Samples: Credit Agreement (Trizetto Group Inc), Credit Agreement (Trizetto Group Inc), Credit Agreement (Silicon Graphics Inc)

Accounting System. Maintain a system of accounting that enables Borrowers Borrower to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers Borrower also shall keep an inventory a reporting system that shows all additions, sales, claims, returns, returns and allowances with respect to the Inventoryits sales.

Appears in 3 contracts

Samples: Registration Rights Agreement (Bakers Footwear Group Inc), Registration Rights Agreement (Bakers Footwear Group Inc), Registration Rights Agreement (Bakers Footwear Group Inc)

Accounting System. Maintain a system of accounting that enables Borrowers Companies to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers Companies also shall keep an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the their Inventory.

Appears in 3 contracts

Samples: Loan and Security Agreement (Midway Games Inc), Loan and Security Agreement (Midway Games Inc), Loan and Security Agreement (Norstan Inc)

Accounting System. Maintain a system of accounting that enables Borrowers Borrower to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by AgentLender. Borrowers Borrower also shall keep an inventory a reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventoryits and its Subsidiaries’ sales.

Appears in 3 contracts

Samples: Loan and Security Agreement (Freshpet, Inc.), Loan and Security Agreement (Overstock Com Inc), Loan and Security Agreement (OVERSTOCK.COM, Inc)

Accounting System. Maintain a system of accounting that enables Borrowers to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by AgentPayee. Borrowers also shall keep an inventory a reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventorytheir and their subsidiaries’ sales.

Appears in 3 contracts

Samples: Credit Agreement, Consent and Partial Release Agreement (Bell Industries Inc /New/), Bell Industries Inc /New/, Newcastle Partners L P

Accounting System. Maintain a system of accounting that enables Borrowers Companies to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers Companies also shall keep an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventory.

Appears in 3 contracts

Samples: Loan and Security Agreement (Telos Corp), Loan and Security Agreement (Telos Corp), Loan and Security Agreement (Telos Corp)

Accounting System. Maintain a system of accounting that enables Borrowers Borrower to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers Borrower also shall keep an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the its and its Subsidiaries’ Inventory.

Appears in 3 contracts

Samples: Loan and Security Agreement (Sharper Image Corp), Loan and Security Agreement (Sharper Image Corp), Possession Loan and Security Agreement

Accounting System. Maintain a system of accounting that enables Borrowers Borrower to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers Borrower agrees not to change in any material way its accounting practices that are in effect as of the Restatement Effective Date without obtaining the prior written consent of Agent. Borrower also shall keep an inventory a reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventoryits and its Subsidiaries’ sales.

Appears in 3 contracts

Samples: Credit Agreement (Servicesource International LLC), Credit Agreement (Servicesource International LLC), Credit Agreement (Servicesource International LLC)

Accounting System. Maintain a system of accounting that enables Borrowers to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by AgentLender. Borrowers also shall keep an inventory a reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventorytheir and their Subsidiaries' sales.

Appears in 3 contracts

Samples: Credit Agreement (Cryolife Inc), Credit Agreement (Easylink Services Corp), Senior Secured Credit Agreement (Cray Inc)

Accounting System. Maintain a system of accounting that enables Borrowers Borrower to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers Borrower also shall keep an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the its and its Subsidiaries' Inventory.

Appears in 3 contracts

Samples: Loan and Security Agreement (Sharper Image Corp), Loan and Security Agreement (Hudson Respiratory Care Inc), Loan and Security Agreement (Hudson Respiratory Care Inc)

Accounting System. Maintain a system of accounting that enables Borrowers Loan Parties to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers The Loan Parties also shall keep an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventory.

Appears in 2 contracts

Samples: Loan and Security Agreement (LSB Industries Inc), Loan and Security Agreement (LSB Industries Inc)

Accounting System. Maintain a system of accounting that enables ----------------- Borrowers to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers also shall keep an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventory.

Appears in 2 contracts

Samples: Loan and Security Agreement (Hologic Inc), Loan and Security Agreement (Friede Goldman Halter Inc)

Accounting System. Maintain a system of accounting that enables Borrowers Borrower to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agentthe Lender. Borrowers Borrower also shall keep an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the its Inventory.

Appears in 2 contracts

Samples: Unsecured Loan Agreement (Midway Games Inc), Subordinated Loan Agreement (Midway Games Inc)

Accounting System. Maintain a system of accounting that enables Borrowers such Obligated Parties to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers also shall keep an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the InventoryLender.

Appears in 2 contracts

Samples: Loan and Security Agreement (Reis, Inc.), Loan and Security Agreement (Reis, Inc.)

Accounting System. Maintain a system of accounting that enables Borrowers the Credit Parties to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers also shall keep an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the InventoryLender.

Appears in 2 contracts

Samples: Loan and Security Agreement (Atlanticus Holdings Corp), Loan and Security Agreement (Atlanticus Holdings Corp)

Accounting System. Maintain a system of accounting that enables Borrowers Administrative Borrower to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers also shall keep an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventory.

Appears in 2 contracts

Samples: Loan and Security Agreement (Cellstar Corp), Term Loan and Security Agreement (Cellstar Corp)

Accounting System. Maintain a system of accounting that enables Borrowers to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers Each Borrower also shall keep an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventory.

Appears in 2 contracts

Samples: Loan and Security Agreement (Guitar Center Inc), Loan and Security Agreement (Guitar Center Inc)

Accounting System. Maintain a system of accounting that enables Borrowers to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers also shall keep an inventory a reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventorytheir and their respective Restricted Subsidiaries’ sales.

Appears in 2 contracts

Samples: Credit Agreement (Altra Industrial Motion, Inc.), Credit Agreement (Boston Gear LLC)

Accounting System. Maintain a system of accounting that enables Borrowers to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers also shall keep an inventory a reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventorytheir and their respective Restricted Subsidiaries' sales.

Appears in 2 contracts

Samples: Credit Agreement (Altra Industrial Motion, Inc.), Credit Agreement (TB Wood's INC)

Accounting System. Maintain a system of accounting that enables Borrowers Subsidiary Borrower to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers also shall keep an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventory.

Appears in 2 contracts

Samples: Loan Agreement (Palm Inc), Loan Agreement (Palm Inc)

Accounting System. Maintain a system of accounting that enables Borrowers Subsidiary Borrower to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers Subsidiary Borrower also shall keep an inventory Inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventory.

Appears in 2 contracts

Samples: Loan Agreement (Palm Inc), Loan Agreement (Palm Inc)

Accounting System. Maintain a system of accounting that enables Borrowers the Credit Parties to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers also shall keep an inventory a reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventorytheir and their Subsidiaries’ sales.

Appears in 2 contracts

Samples: Trademark Security Agreement (Advent Software Inc /De/), Credit Agreement (Portrait Corp of America, Inc.)

Accounting System. Maintain a system of accounting that enables Parent and Borrowers to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers also shall keep an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventory.

Appears in 2 contracts

Samples: And Consolidated Loan and Security Agreement (Big Dog Holdings Inc), Loan and Security Agreement (Big Dog Holdings Inc)

Accounting System. Maintain a system of accounting that enables Borrowers to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers also shall keep an inventory a reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventorytheir and their Subsidiaries' sales.

Appears in 2 contracts

Samples: Loan and Security Agreement (Advanced Marketing Services Inc), Credit Agreement (Orion Healthcorp Inc)

Accounting System. Maintain a system of accounting that enables Borrowers Borrower to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral in a manner consistent with Borrower’s prior practices and that contain information as from time to time reasonably may be requested by AgentLender. Borrowers Borrower also shall keep an inventory a reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventoryits and its Subsidiaries’ sales.

Appears in 2 contracts

Samples: Loan and Security Agreement (Swank, Inc.), Loan and Security Agreement (Swank, Inc.)

Accounting System. Maintain a system of accounting that enables Borrowers the Borrower to produce consolidated financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by the Administrative Agent. Borrowers The Obligors taken as a whole also shall keep an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventory.

Appears in 1 contract

Samples: Credit Agreement (Philip Services Corp/De)

Accounting System. Maintain a system of accounting that enables Borrowers Borrower to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by AgentLender. Borrowers Borrower also shall keep an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to its and the Guarantors' Inventory.

Appears in 1 contract

Samples: Loan and Security Agreement (Mortons Restaurant Group Inc)

Accounting System. Maintain a system of accounting that enables ----------------- Borrowers to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers also shall keep an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventory.

Appears in 1 contract

Samples: Loan and Security Agreement (Ventiv Health Inc)

Accounting System. Maintain a standard and modern system of accounting that enables Borrowers Borrower to produce financial statements in accordance with GAAP GAAP, and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by AgentBank. Borrowers Borrower also shall keep an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventory.

Appears in 1 contract

Samples: Loan and Security Agreement (California Amplifier Inc)

Accounting System. Maintain a system of accounting that enables Borrowers Companies to produce financial statements in accordance with GAAP and maintain adequate records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers Companies also shall keep an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventory.

Appears in 1 contract

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

Accounting System. Maintain a system of accounting that enables Borrowers Borrower to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers Borrower also shall keep an inventory a reporting system that shows all additions, sales, claims, returns, and allowances with respect to its sales. Borrower shall also maintain their billing systems/practices as approved by Agent prior to the InventoryClosing Date and shall only make material modifications thereto with notice to, and consent of, Agent.

Appears in 1 contract

Samples: Credit Agreement (Baseline Oil & Gas Corp.)

Accounting System. Maintain a system of accounting that enables Borrowers Borrower to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral in a manner consistent with Borrower's prior practices and that contain information as from time to time reasonably may be requested by AgentLender. Borrowers Borrower also shall keep an inventory a reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventoryits and its Subsidiaries' sales.

Appears in 1 contract

Samples: Loan and Security Agreement (Swank, Inc.)

Accounting System. Maintain a system of accounting that enables Borrowers the Loan Parties to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time the Lender may reasonably may be requested by Agentrequest. Borrowers The Borrower also shall keep an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventory.

Appears in 1 contract

Samples: Loan and Security Agreement (Quest Minerals & Mining Corp)

Accounting System. Maintain a system of accounting that enables Borrowers to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers also shall keep an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the their and their Subsidiaries’ Inventory.

Appears in 1 contract

Samples: Loan and Security Agreement (GNLV Corp)

Accounting System. Maintain a system of accounting that enables Borrowers Obligors to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers Borrower also shall keep an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventory.

Appears in 1 contract

Samples: Loan and Security Agreement (Etoys Inc)

Accounting System. Maintain a system of accounting that enables Borrowers to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers also shall keep an inventory a reporting system that shows all additions, sales, claims, returns, and allowances with respect to their sales (it being understood that Borrowers’ reporting system as in effect on the InventoryClosing Date shall be deemed to satisfy the requirements of this sentence).

Appears in 1 contract

Samples: Credit Agreement (Sitel Corp)

Accounting System. Maintain a system of accounting that enables the Borrowers to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time may reasonably may be requested by the Collateral Agent. The Borrowers also shall keep an inventory a reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventorytheir sales.

Appears in 1 contract

Samples: Loan and Security Agreement (Silicon Graphics Inc)

Accounting System. Maintain a system of accounting that enables Borrowers to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by AgentLender. Borrowers also shall keep an inventory a reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventorytheir and their Subsidiaries’ sales.

Appears in 1 contract

Samples: Credit Agreement (Cryolife Inc)

Accounting System. Maintain a system of accounting that enables Borrowers Borrower to produce financial statements in accordance with GAAP and maintain records pertaining to the Borrower Collateral that contain information as from time to time reasonably may be requested by Collateral Agent. Borrowers Borrower also shall keep an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventory.

Appears in 1 contract

Samples: Loan and Security Agreement (Northland Cranberries Inc /Wi/)

Accounting System. Maintain a system of accounting that enables Borrowers to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Administrative Agent. Borrowers also shall keep an inventory a reporting system that shows all additions, sales, claims, returns, and allowances with respect to their sales (it being understood that Borrowers’ reporting system as in effect on the InventoryClosing Date shall be deemed to satisfy the requirements of this sentence).

Appears in 1 contract

Samples: Credit Agreement (Sitel Corp)

Accounting System. Maintain a system of accounting that enables Borrowers the Credit Parties and Parent to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agentthe Purchasers. Borrowers The Credit Parties also shall keep an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the their Inventory.. (b)

Appears in 1 contract

Samples: Securities Purchase Agreement (LSB Industries Inc)

Accounting System. Maintain a system of accounting that enables Borrowers ----------------- Administrative Borrower to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers also shall keep an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventory.

Appears in 1 contract

Samples: Loan and Security Agreement (Cellstar Corp)

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Accounting System. Maintain a system of accounting that enables Borrowers Borrower to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers Borrower also shall keep an inventory reporting system or records that shows show all additions, sales, claims, returns, and allowances with respect to the Inventory.

Appears in 1 contract

Samples: Loan and Security Agreement (En Pointe Technologies Inc)

Accounting System. Maintain a system of accounting that enables Borrowers Companies to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agentthe Lender. Borrowers Companies also shall keep an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the their Inventory.

Appears in 1 contract

Samples: Loan and Security Agreement (Midway Games Inc)

Accounting System. Maintain a system of accounting that enables Borrowers Servicer to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers Borrower also shall keep an inventory a reporting system that shows all additions, salesfees, claims, returns, payments and allowances write-downs with respect to the InventoryNotes Receivable.

Appears in 1 contract

Samples: Loan and Security Agreement (Hercules Capital, Inc.)

Accounting System. Maintain a standard and modern system of accounting that enables Borrowers Borrower and Guarantors to produce financial statements in accordance with GAAP GAAP, and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers Borrower and Guarantors also shall keep an a modern inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventory.

Appears in 1 contract

Samples: Loan and Security Agreement (Todays Man Inc)

Accounting System. Maintain a system of accounting that enables the Borrowers to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time may reasonably may be requested by Agent. Borrowers also shall keep an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventory.

Appears in 1 contract

Samples: Possession Credit Agreement (TXCO Resources Inc)

Accounting System. Maintain a system of accounting that enables Borrowers to produce financial statements in accordance with GAAP and maintain records pertaining to the Borrower Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers also shall keep an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventory.

Appears in 1 contract

Samples: Loan and Security Agreement (Peninsula Gaming, LLC)

Accounting System. Maintain a system of accounting that enables Borrowers ----------------- Borrower to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers Borrower also shall keep an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventory.

Appears in 1 contract

Samples: Loan and Security Agreement (DSG International LTD)

Accounting System. Maintain a system of accounting that enables Borrowers Credit Parties to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers also shall keep an inventory a reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventorytheir and their Subsidiaries’ sales.

Appears in 1 contract

Samples: Credit Agreement (Ascendia Brands, Inc.)

Accounting System. Maintain a system of accounting that enables ----------------- Parent, SK and Borrowers to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers also shall keep an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventory.

Appears in 1 contract

Samples: Loan and Security Agreement (Learningstar Corp)

Accounting System. Maintain a system of accounting that enables Borrowers Obligors to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers Each of the Obligors also shall keep an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventory.

Appears in 1 contract

Samples: Loan and Security Agreement (Communications & Power Industries Inc)

Accounting System. Maintain a system of accounting that enables Borrowers to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers also shall keep an inventory a reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventory.

Appears in 1 contract

Samples: Credit Agreement (Silicon Graphics Inc)

Accounting System. Maintain a system of accounting that enables Borrowers Borrower to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Collateral Agent. Borrowers Borrower also shall keep an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventory.

Appears in 1 contract

Samples: Loan and Security Agreement (Cutter & Buck Inc)

Accounting System. Maintain a system of accounting that enables Borrowers Companies to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers Companies also shall keep an inventory a reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventorytheir sales.

Appears in 1 contract

Samples: Loan and Security Agreement (James River Coal CO)

Accounting System. Maintain a system of accounting that enables Borrowers Borrower to produce financial statements in accordance with GAAP and maintain records pertaining to the Real Property Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers also shall keep an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the InventoryLender.

Appears in 1 contract

Samples: Loan and Security Agreement (Scheib Earl Inc)

Accounting System. Maintain a system of accounting that enables Borrowers Credit Parties to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Administrative Agent. Borrowers also shall keep an inventory a reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventorytheir and their Subsidiaries’ sales.

Appears in 1 contract

Samples: Credit Agreement (Ascendia Brands, Inc.)

Accounting System. Maintain a system of accounting that enables Borrowers to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers also shall keep an inventory a reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventorytheir and their Restricted Subsidiaries’ sales.

Appears in 1 contract

Samples: Credit Agreement (TRC Companies Inc /De/)

Accounting System. Maintain a system of accounting that enables Borrowers Servicer to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers Borrower also shall keep an inventory a reporting system that shows all additions, salesfees, payments, claims, returns, and allowances write-downs with respect to the InventoryNote Receivables.

Appears in 1 contract

Samples: Loan and Security Agreement (Hercules Capital, Inc.)

Accounting System. Maintain a system of accounting that enables Borrowers to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers Obligors also shall keep an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventory.

Appears in 1 contract

Samples: Loan and Security Agreement (Peregrine Systems Inc)

Accounting System. Maintain a system of accounting that enables Borrowers the ----------------- Borrower to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers also shall keep an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventory.

Appears in 1 contract

Samples: Loan and Security Agreement (System Software Associates Inc)

Accounting System. Maintain a system of accounting that enables Borrowers to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers also shall keep an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the their and their Subsidiaries' Inventory.

Appears in 1 contract

Samples: Loan and Security Agreement (Phibro Animal Health Corp)

Accounting System. Maintain a system of accounting that enables Borrowers Borrower to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by AgentLender. Borrowers Borrower also shall keep an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the its and its Subsidiaries' Inventory.

Appears in 1 contract

Samples: Loan and Security Agreement (Shoe Pavilion Inc)

Accounting System. Maintain a system of accounting that enables Borrowers to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers also shall keep an inventory a reporting system that shows all additions, sales, claims, returns, returns and allowances with respect to the Inventorytheir sales.

Appears in 1 contract

Samples: Credit Agreement (Emrise CORP)

Accounting System. Maintain a system of accounting that enables Borrowers the Loan Parties to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers also shall keep an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventory.

Appears in 1 contract

Samples: Loan, Guaranty and Security Agreement (Geac Computer Corp LTD)

Accounting System. Maintain a system of accounting that enables Borrowers Borrower to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers Borrower also shall keep an inventory a reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventoryits and its Domestic Subsidiaries’ sales.

Appears in 1 contract

Samples: Credit Agreement (Infocus Corp)

Accounting System. Maintain a system of accounting that enables Borrowers Subsidiary Borrower to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by AgentLender. Borrowers Subsidiary Borrower also shall keep an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventory.

Appears in 1 contract

Samples: Loan Agreement (Futurelink Corp)

Accounting System. Maintain a system of accounting that enables Borrowers Borrower to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers Borrower also shall keep an inventory or be provided access to a reporting system that shows all additions, salesfees, claimspayments, returns, claims and allowances write-downs with respect to the InventoryLeases and Notes Receivable.

Appears in 1 contract

Samples: Loan and Security Agreement (LEAF Equipment Finance Fund 4, L.P.)

Accounting System. Maintain a system of accounting that enables Borrowers Holdings, Borrower and their respective Subsidiaries to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers Holdings and Borrower also shall keep an inventory a reporting system that shows all additions, sales, claims, returns, and allowances with respect to the InventoryHoldings and Borrower and their respective Subsidiaries’ sales.

Appears in 1 contract

Samples: Credit Agreement (SAVVIS, Inc.)

Accounting System. Maintain a system of accounting that enables Borrowers to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agentany DIP Lender. Borrowers also shall keep an inventory a reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventorytheir sales.

Appears in 1 contract

Samples: Loan and Security Agreement (Silicon Graphics Inc)

Accounting System. Maintain a system of accounting that enables Borrowers Borrower to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Administrative Agent. Borrowers Borrower also shall keep an inventory a reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventoryits and its Subsidiaries’ sales.

Appears in 1 contract

Samples: Credit Agreement (Transtechnology Corp)

Accounting System. Maintain a system of accounting that enables Borrowers Borrower to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by AgentLender. Borrowers Borrower also shall keep an inventory a reporting system that shows all additions, salesfees, payments, claims, returns, and allowances write-downs with respect to the InventoryPortfolio Obligations.

Appears in 1 contract

Samples: Loan and Security Agreement (Velocity Asset Management Inc)

Accounting System. Maintain a system of accounting that enables Borrowers Borrowers, Guarantors and their respective Domestic Subsidiaries to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers Borrowers, Guarantors and their respective Subsidiaries also shall keep an inventory a reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventorytheir and their respective Subsidiaries’ sales.

Appears in 1 contract

Samples: Credit Agreement (Magnetek Inc)

Accounting System. Maintain a system of accounting that enables Borrowers Obligors to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by AgentLender. Borrowers Each Obligor also shall keep an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventory.

Appears in 1 contract

Samples: Loan and Security Agreement (Mikohn Gaming Corp)

Accounting System. Maintain a system of accounting that enables Borrowers to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral consistent with past practices or that contain additional information as from time to time reasonably may be requested by AgentLender. Borrowers also shall keep an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the their and their Subsidiaries' Inventory.

Appears in 1 contract

Samples: Loan and Security Agreement (Elxsi Corp /De//)

Accounting System. Maintain a system of accounting that enables Borrowers to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers also shall keep an inventory a reporting system that shows all additions, sales, claims, returns, and allowances with respect to their sales. Borrowers shall also maintain their billing systems/practices as approved by Agent prior to the InventoryClosing Date and shall only make material modifications thereto with notice to, and consent of, Agent.

Appears in 1 contract

Samples: Credit Agreement (Hudson Highland Group Inc)

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