Common use of Accounting System Clause in Contracts

Accounting System. Borrower at all times hereafter shall maintain a standard and modern system of accounting in accordance with GAAP with ledger and account cards or computer tapes, disks, printouts and records pertaining to the Collateral containing such information as may from time to time be requested by BACC.

Appears in 9 contracts

Samples: Loan and Security Agreement (Drinks Americas Holdings, LTD), Loan and Security Agreement (Reeds Inc), Loan and Security Agreement (Icx Electronics Inc)

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Accounting System. Borrower at all times hereafter shall maintain a standard and modern system of accounting in accordance with GAAP with ledger and account cards or computer tapes, disksdiscs, printouts printouts, and records pertaining to the Collateral containing such which contain information as may from time to time may be requested by BACCFoothill. Borrower also shall keep proper books of account showing all sales, claims, and allowances on its Inventory.

Appears in 7 contracts

Samples: Loan and Security Agreement (Mednet MPC Corp), Loan and Security Agreement (Victoria Creations Inc), Loan and Security Agreement (Bollinger Industries Inc)

Accounting System. Borrower at all times hereafter shall maintain a standard and modern system of accounting in accordance with GAAP with ledger and account cards or computer tapes, disksdiscs, printouts printouts, and records pertaining to the Collateral containing such that contain information as may from time to time may be reasonably requested by BACCLender. Borrower also shall keep proper books of account showing all sales, claims, and allowances on its Inventory.

Appears in 3 contracts

Samples: Loan and Security Agreement (Andalay Solar, Inc.), Loan and Security Agreement (Visualant Inc), Loan and Security Agreement (Great American Group, Inc.)

Accounting System. Borrower shall at all times hereafter shall maintain a standard and modern system of accounting in accordance with GAAP with ledger and account cards or computer tapes, disks, printouts and records pertaining to the Collateral containing such information as may from time to time be requested by BACCLender.

Appears in 3 contracts

Samples: Loan and Security Agreement (AMERI Holdings, Inc.), Loan and Security Agreement (Ag&e Holdings Inc.), Loan and Security Agreement (Optical Cable Corp)

Accounting System. Borrower at all times hereafter shall maintain a standard and modern system of accounting in accordance with GAAP with ledger and account cards or computer tapes, disks, printouts and records pertaining to the Collateral containing such information as may from time to time be requested by BACCLender.

Appears in 3 contracts

Samples: Loan and Security Agreement (Polar Power, Inc.), Loan and Security Agreement (Princeton Video Image Inc), Loan and Security Agreement (Cablevision Systems Corp /Ny)

Accounting System. Borrower at all times hereafter shall maintain a standard and modern system of accounting in accordance with GAAP with ledger and account cards or computer tapes, disks, printouts and records pertaining to the Collateral containing such which contain information as may from time to time be requested by BACCFremont.

Appears in 2 contracts

Samples: Consolidated And (Tristar Corp), Loan and Security Agreement (Tristar Corp)

Accounting System. Borrower at all times hereafter shall maintain a standard and modern system of accounting in accordance with GAAP with ledger and account cards or computer tapes, disksdiscs, printouts printouts, and records pertaining to the Collateral containing such which contain information as may from time to time may be reasonably requested by BACCLender. Borrower also shall keep proper books of account showing all sales, claims, and allowances on its Inventory.

Appears in 2 contracts

Samples: Loan and Security Agreement (Orange 21 Inc.), Loan and Security Agreement (Mendocino Brewing Co Inc)

Accounting System. Borrower at all times hereafter shall maintain a standard and modern system of accounting in accordance with GAAP with ledger and account cards or computer tapes, disks, printouts and records which contain information pertaining to the Collateral containing such information as that may from time to time be requested by BACCthe Bank.

Appears in 2 contracts

Samples: Credit Agreement (Obsidian Enterprises Inc), General Security Agreement (Amcast Industrial Corp)

Accounting System. Borrower at all times hereafter shall maintain a standard and modern system of accounting in accordance with GAAP with ledger and account cards or computer tapes, disksdiscs, printouts printouts, and records pertaining to the Collateral containing such which contain information as may from time to time may be reasonably requested by BACCAlliance.

Appears in 2 contracts

Samples: Loan and Security Agreement (Iron Bridge Mortgage Fund LLC), Loan and Security Agreement (Iron Bridge Mortgage Fund LLC)

Accounting System. Borrower at all times hereafter shall maintain a standard and modern system of accounting in accordance with GAAP with ledger and account cards or computer tapes, disks, printouts and records which contains information pertaining to the Collateral containing such information as that may from time to time be requested by BACCthe Bank.

Appears in 2 contracts

Samples: General Security Agreement (Bioanalytical Systems Inc), General Security Agreement (Bioanalytical Systems Inc)

Accounting System. Borrower at all times hereafter shall maintain a standard and modern system of accounting in accordance with GAAP with ledger and account cards or computer tapes, disks, printouts and records pertaining to the Collateral containing such which contain information as may from time to time be requested by BACCFremont. Borrower also shall keep proper books of account showing all sales, claims and allowances on its Inventory.

Appears in 2 contracts

Samples: Loan and Security Agreement (Annies Homegrown Inc), Loan and Security Agreement (International Food & Beverage Inc /De/)

Accounting System. Borrower at all times hereafter shall maintain a standard and modern system of accounting in accordance with GAAP with ledger and account cards or computer tapes, disksdiscs, printouts printouts, and records pertaining to the Collateral containing such which contain information as may from time to time may be requested by BACCPeople's. Borrower also shall keep proper books of account showing all sales, claims, and allowances on its Inventory in accordance with prevailing standards in the publishing industry.

Appears in 1 contract

Samples: Loan and Security Agreement (Millbrook Press Inc)

Accounting System. Borrower at all times hereafter shall maintain a standard and modern system of accounting in accordance with GAAP with ledger and account cards or computer tapes, disksdiscs, printouts printouts, and records pertaining to the Collateral containing such which contain information as may from time to time may be requested by BACCFoothill. Borrower shall also keep proper books of account showing all sales, claims, and allowances on its Inventory.

Appears in 1 contract

Samples: Loan and Security Agreement (Phoenix Network Inc)

Accounting System. Borrower at all times hereafter shall maintain a standard and modern system of accounting in accordance with GAAP with ledger and account cards or computer tapes, disks, printouts printouts, and records pertaining to the Collateral containing such which contain information as may from time to time be requested by BACCFINOVA. Borrower shall also keep proper books of Accounts showing all Sales, claims, and allowances on its inventory.

Appears in 1 contract

Samples: Loan and Security Agreement (Lee Pharmaceuticals)

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Accounting System. Borrower at all times hereafter shall maintain a standard and modern system of accounting in accordance with GAAP with ledger and account cards or computer tapes, disksdiscs, printouts printouts, and records pertaining to the Collateral containing such that contain information as may from time to time may be reasonably requested by BACCLenders. Borrower also shall keep proper books of account showing all sales, claims, and allowances on its Inventory.

Appears in 1 contract

Samples: Loan and Security Agreement (T3 Motion, Inc.)

Accounting System. Borrower at all times hereafter shall maintain a standard and modern system of accounting in accordance with GAAP with ledger and account cards or computer tapes, disks, printouts and records pertaining to the Collateral containing such which contain information as may from time to time be requested by BACCLender. Borrower also shall keep proper books of account showing all sales, claims and allowances on its Inventory.

Appears in 1 contract

Samples: Loan and Security Agreement (Eip Microwave Inc)

Accounting System. Borrower at all times hereafter shall maintain a standard and modern system of accounting in accordance with GAAP with ledger and account cards or computer tapes, disksdiscs, printouts printouts, and records pertaining to the Collateral containing such which contain information as may from time to time reasonably may be requested by BACCFoothill. Borrower also shall keep proper books of account showing all sales, claims, and allowances on its Inventory.

Appears in 1 contract

Samples: Loan and Security Agreement (Image Entertainment Inc)

Accounting System. Borrower at all times hereafter shall maintain a standard and modern system of accounting in accordance with GAAP with ledger and .and account cards or computer tapes, disksdiscs, printouts printouts, and records pertaining to the Collateral containing such that contain information as may from time to time may be reasonably requested by BACCLender. Borrower also shall keep proper books of account showing all sales, claims, and allowances on its Inventory.

Appears in 1 contract

Samples: Loan and Security Agreement (DecisionPoint Systems, Inc.)

Accounting System. Borrower at all times hereafter shall maintain a standard and modern system of accounting in accordance with GAAP with ledger and account cards or computer tapes, disks, printouts and records pertaining to the Collateral its business containing such information as may from time to time be requested by BACCLENDER.

Appears in 1 contract

Samples: Loan Agreement (Versadial, Inc.)

Accounting System. Borrower at all times hereafter shall maintain a standard and modern system of accounting in accordance with GAAP with ledger and account cards or computer tapes, disksdiscs, printouts printouts, and records pertaining to the Collateral containing such which contain information as may from time to time may be reasonably requested by BACCLender.

Appears in 1 contract

Samples: Loan and Security Agreement (InPoint Commercial Real Estate Income, Inc.)

Accounting System. Borrower at all times hereafter shall maintain a standard and modern modem system of accounting in accordance with GAAP with ledger and account cards or computer tapes, disks, printouts and records pertaining to the Collateral containing such information as may from time to time be requested by BACC.

Appears in 1 contract

Samples: Loan and Security Agreement (Teamstaff Inc)

Accounting System. Borrower at all times hereafter shall maintain a standard and modern system of accounting in accordance with GAAP with ledger and account cards or computer tapes, disks, printouts and records pertaining to the Collateral containing such which contain information as may from time to time be requested by BACCFinova. Borrower also shall keep proper books of account showing all sales, claims and allowances on its Inventory.

Appears in 1 contract

Samples: Loan and Security Agreement (Star Scientific Inc)

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