Common use of Basic Financial Information and Reporting Clause in Contracts

Basic Financial Information and Reporting. (a) The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting

Appears in 2 contracts

Sources: Investors' Rights Agreement (Formus Communications Inc), Investors' Rights Agreement (McData Corp)

Basic Financial Information and Reporting. (a) 3.1.1 The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accountingaccounting principles consistently applied, and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied.

Appears in 1 contract

Sources: Investors' Rights Agreement (Sterigenics International)

Basic Financial Information and Reporting. (aA) The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting

Appears in 1 contract

Sources: Investor Rights Agreement (Clarent Corp/Ca)

Basic Financial Information and Reporting. (a) The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accountingaccounting principles consistently applied and

Appears in 1 contract

Sources: Investor Rights Agreement (Improvenet Inc)

Basic Financial Information and Reporting. (a) The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accountingaccounting principles consistently applied (except as noted therein or as disclosed to the recipients thereof), and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied.

Appears in 1 contract

Sources: Investor Rights Agreement (Genomatica Inc)

Basic Financial Information and Reporting. (a) The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accountingof

Appears in 1 contract

Sources: Investors' Rights Agreement (Eloquent Inc)