Common use of Financial Accounting Practices Clause in Contracts

Financial Accounting Practices. The Borrowers and their Subsidiaries will make and keep books, records and accounts which, in reasonable detail, accurately and fairly reflect their respective transactions and dispositions of assets and maintain a system of internal accounting controls sufficient to provide reasonable assurances that (a) transactions are executed in accordance with management's general or specific authorization, (b) transactions are recorded as necessary to permit preparation of financial statements in conformity with GAAP and to maintain accountability for assets, (c) access to assets is permitted only in accordance with management's general or specific authorization and (d) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Financial Accounting Practices. The Borrowers and their Subsidiaries will Each Borrower shall make and keep books, records and accounts which, in reasonable detail, accurately and fairly reflect their respective its transactions and dispositions of its assets and maintain a system of internal accounting controls sufficient to provide reasonable assurances that (a) transactions are executed in accordance with management's general or specific authorization, (b) transactions are recorded as necessary (i) to permit preparation of financial statements in conformity with GAAP and (ii) to maintain accountability for assets, (c) access to assets is permitted only in accordance with management's general or specific authorization and (d) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Financial Accounting Practices. The Borrowers and their Subsidiaries Each Borrower will make and keep books, records and accounts which, in reasonable detail, accurately and fairly reflect their respective its transactions and dispositions of its assets and maintain a system of internal accounting controls sufficient to provide reasonable assurances that (a) transactions are executed in accordance with management's ’s general or specific authorization, (b) transactions are recorded as necessary (i) to permit preparation of financial statements in conformity with GAAP and (ii) to maintain accountability for assets, (c) access to assets is permitted only in accordance with management's ’s general or specific authorization and (d) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Financial Accounting Practices. The Borrowers and their Subsidiaries will Borrower shall make and keep books, records and accounts which, in reasonable detail, accurately and fairly reflect their respective its transactions and the dispositions of its assets and maintain a system of internal accounting controls sufficient to provide reasonable assurances that (a) transactions are executed in it accordance with management's ’s general or specific authorization, (b) transactions are recorded as necessary (i) to permit preparation of financial statements in conformity with GAAP and (ii) to maintain accountability for assets, (c) access to assets is permitted only in accordance with management's ’s general or specific authorization authorization, and (d) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Financial Accounting Practices. The Borrowers and their Subsidiaries will Borrower shall make and keep books, records and accounts whichthat, in reasonable detail, accurately and fairly reflect their respective its transactions and dispositions of its assets and maintain a system of internal accounting controls sufficient to provide reasonable assurances that (a) transactions are executed in accordance with management's general or specific authorization, (b) transactions are recorded as necessary to (i) permit preparation of financial statements in conformity with GAAP and to (ii) maintain accountability for assets, (c) access to assets is permitted only in accordance with management's general or specific authorization and (d) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Financial Accounting Practices. The Borrowers and their Subsidiaries Borrower will make and keep books, records and accounts which, in reasonable detail, accurately and fairly reflect their respective transactions and dispositions of their assets and maintain a system of internal accounting controls sufficient to provide reasonable assurances that (a) transactions are executed in accordance with management's ’s general or specific authorization, (b) transactions are recorded as necessary (i) to permit preparation of financial statements in conformity with GAAP and (ii) to maintain accountability for assets, (c) access to assets is permitted only in accordance with management's ’s general or specific authorization and (d) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Financial Accounting Practices. The Borrowers and their Subsidiaries will Borrower shall make and keep books, records and accounts which, in reasonable detail, accurately and fairly reflect their respective its transactions and the dispositions of its assets and maintain a system of internal accounting controls sufficient to provide reasonable assurances that (a) transactions are executed in accordance with management's general or specific authorization, (b) transactions are recorded as necessary (1) to permit preparation of financial statements in conformity with GAAP and (ii) to maintain accountability for assets, (c) access to assets is permitted only in accordance with management's general or specific authorization authorization, and (d) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Financial Accounting Practices. The Borrowers and their Subsidiaries will Each Borrower shall make and keep ------------------------------ books, records and accounts which, in reasonable detail, accurately and fairly reflect their respective its transactions and dispositions of its assets and maintain a system of internal accounting controls sufficient to provide reasonable assurances that (a) transactions are executed in accordance with management's general or specific authorization, (b) transactions are recorded as necessary (i) to permit preparation of financial statements in conformity with GAAP and (ii) to maintain accountability for assets, (c) access to assets is permitted only in accordance with management's general or specific authorization and (d) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Financial Accounting Practices. (a) The Borrowers Borrower makes and their Subsidiaries will make and keep keeps in reasonable detail, books, records and accounts which, in reasonable detail, which accurately and fairly reflect their respective its transactions and dispositions of its assets and maintain the Borrower maintains a system of internal accounting controls sufficient to provide reasonable assurances that (ai) transactions are executed in accordance with management's general or specific authorization, (bii) transactions are recorded as necessary (A) to permit preparation of financial statements in conformity with GAAP except as previously disclosed to CIT and (B) to maintain accountability for assets, (c) access to assets is permitted only in accordance with management's general or specific authorization and (diii) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Financial Accounting Practices. The Borrowers and their Subsidiaries will Each Obligor shall make and keep books, records and accounts which, in reasonable detail, accurately and fairly reflect their respective its transactions and dispositions of its assets and maintain a system of internal accounting controls sufficient to provide reasonable assurances that (a) transactions are executed in accordance with management's general or specific authorization, (b) transactions are recorded as necessary (i) to permit preparation of financial statements in conformity with GAAP and (ii) to maintain accountability for assets, (c) access to assets is permitted only in accordance with management's general or specific authorization and (d) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Financial Accounting Practices. The Borrowers and their Subsidiaries will make and keep books, records and accounts which, in reasonable detail, accurately and fairly reflect their respective transactions and dispositions of their assets and maintain a system of internal accounting controls sufficient to provide reasonable assurances that (a) transactions are executed in accordance with management's general or specific authorization, (b) transactions are recorded as necessary (i) to permit preparation of financial statements in conformity with GAAP and (ii) to maintain accountability for assets, (c) access to assets is permitted only in accordance with management's general or specific authorization and (d) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Financial Accounting Practices. The Borrowers Loan Parties and their Subsidiaries will make and keep books, records and accounts which, in reasonable detail, accurately and fairly reflect their respective transactions and dispositions of assets and maintain a system of internal accounting controls sufficient to provide reasonable assurances that (a) transactions are executed in accordance with management's ’s general or specific authorization, (b) transactions are recorded as necessary to permit preparation of financial statements in conformity with GAAP and to maintain accountability for assets, (c) access to assets is permitted only in accordance with management's ’s general or specific authorization and (d) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Financial Accounting Practices. The Borrowers and their Subsidiaries will Borrower shall make and keep books, records and accounts which, in reasonable detail, accurately and fairly reflect their respective its transactions and the dispositions of its assets and maintain a system of internal accounting controls sufficient to provide reasonable assurances that (a) transactions are executed in accordance with management's general or specific authorization, . (b) transactions are recorded as necessary (i) to permit preparation of financial statements in conformity with GAAP (MAP and (ii) to maintain accountability for assets, (c) access to assets is permitted only in accordance with management's general or specific authorization authorization, and (d) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Financial Accounting Practices. The Borrowers and their Subsidiaries Borrower will make and keep books, records and accounts which, in reasonable detail, accurately and fairly reflect their respective its transactions and dispositions of assets and maintain a system of internal accounting controls sufficient to provide reasonable assurances that (a) transactions are executed in accordance with management's general or specific authorization, (b) transactions are recorded as necessary (i) to permit preparation of financial statements in conformity with GAAP and (ii) to maintain accountability for assets, (c) access to assets is permitted only in accordance with management's general or specific authorization and (d) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Financial Accounting Practices. The Borrowers and their Subsidiaries will Borrower shall make and keep books, records and accounts which, in reasonable detail, accurately and fairly reflect their respective its transactions and dispositions of its assets and maintain a system of internal accounting controls sufficient to provide reasonable assurances that (ai) transactions are executed in accordance with management's general or specific authorization, (bii) transactions are recorded as necessary (a) to permit preparation of financial statements in conformity with GAAP and (b) to maintain accountability for assets, (ciii) access to assets is permitted only in accordance with management's general or specific authorization and (div) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.