Common use of Internal Accounting Controls Clause in Contracts

Internal Accounting Controls. The Company and each of its subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's general or specific authorization and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 290 contracts

Samples: Equity Distribution Agreement (Eyi Industries Inc), Credit Agreement (Communication Intelligence Corp), Equity Distribution Agreement (Sonoran Energy Inc)

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Internal Accounting Controls. The Company and each of its subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, and (iii) access to assets is permitted only in accordance with management's general or specific authorization and (iv) the recorded accountability amounts for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 203 contracts

Samples: Securities Purchase Agreement (Eyi Industries Inc), Securities Purchase Agreement (Silver Star Energy Inc), Security Agreement (Pop N Go Inc)

Internal Accounting Controls. The Company and each of its subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's ’s general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, and (iii) access to assets is permitted only in accordance with management's general or specific authorization and (iv) the recorded accountability amounts for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 121 contracts

Samples: Securities Purchase Agreement (Cmark International Inc), Securities Purchase Agreement (Smartire Systems Inc), Securities Purchase Agreement (National Automation Services Inc)

Internal Accounting Controls. The Company and each of its subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's ’s general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's ’s general or specific authorization and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 92 contracts

Samples: Equity Distribution Agreement (China Recycling Energy Corp), Equity Distribution Agreement (Liberty Star Gold Corp), Equity Distribution Agreement (Faceprint Global Solutions Inc)

Internal Accounting Controls. The Company and each of its subsidiaries Subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's general or specific authorization and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 91 contracts

Samples: Investment Agreement (Virtra Systems Inc), Investment Agreement (Ness Energy International Inc /Nv/), Subscription Agreement (Hyperdynamics Corp)

Internal Accounting Controls. The Company and each of its subsidiaries the Subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's general or specific authorization authorization, and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 74 contracts

Samples: Common Stock Purchase Agreement (Earthshell Corp), Securities Purchase Agreement (HydroGen CORP), Document Securities Purchase Agreement (Avi Biopharma Inc)

Internal Accounting Controls. The Company and each of its subsidiaries the Subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's ’s general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's ’s general or specific authorization authorization, and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 68 contracts

Samples: Securities Purchase Agreement (Nova Biosource Fuels, Inc.), Securities Purchase Agreement (Worldgate Communications Inc), Common Stock Purchase Agreement (Lantronix Inc)

Internal Accounting Controls. The Company and each of its subsidiaries maintain maintains a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's ’s general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, and (iii) access to assets is permitted only in accordance with management's general or specific authorization and (iv) the recorded accountability amounts for assets is are compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 60 contracts

Samples: Securities Purchase Agreement (Creatd, Inc.), Securities Purchase Agreement (Propanc Biopharma, Inc.), Securities Purchase Agreement (Eco Innovation Group, Inc.)

Internal Accounting Controls. The Company and each of its subsidiaries the Subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's ’s general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles GAAP and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's ’s general or specific authorization authorization, and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 50 contracts

Samples: Securities Purchase Agreement (Quepasa Corp), Securities Purchase Agreement (Cyberdefender Corp), Securities Purchase Agreement (International Isotopes Inc)

Internal Accounting Controls. The Company and each of its subsidiaries maintain maintains a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's ’s general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's ’s general or specific authorization and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 39 contracts

Samples: Equity Purchase Agreement (Romeo Power, Inc.), Reserve Equity Financing Agreement (Bloggerwave, Inc.), Equity Distribution Agreement (Ideanomics, Inc.)

Internal Accounting Controls. The Company and each of its subsidiaries the Subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles GAAP and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's general or specific authorization authorization, and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 31 contracts

Samples: Securities Purchase Agreement (Sub-Urban Brands, Inc.), Securities Purchase Agreement (Stinger Systems, Inc), Securities Purchase Agreement (Offline Consulting Inc)

Internal Accounting Controls. The Company and the Operating Partnership each of its subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that that: (ia) transactions are executed in accordance with management's general properly authorized; (b) assets are safeguarded against unauthorized or specific authorizations, improper use; (iic) transactions are properly recorded and reported as necessary to permit preparation of its financial statements in conformity with generally accepted accounting principles GAAP and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's general or specific authorization accountability for assets; and (ivd) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 31 contracts

Samples: Underwriting Agreement (Simon Property Group Inc /De/), Underwriting Agreement (Simon Property Group L P /De/), Underwriting Agreement (Simon Property Group Inc /De/)

Internal Accounting Controls. The Company and each of its subsidiaries maintain maintains a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's ’s general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's ’s general or specific authorization authorization, and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 29 contracts

Samples: Securities Purchase Agreement (Alseres Pharmaceuticals Inc /De), Securities Purchase Agreement (China Lodging Group, LTD), Securities Purchase Agreement (American Realty Capital Properties, Inc.)

Internal Accounting Controls. The Company and each of its subsidiaries the Subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that that: (i) transactions are executed in accordance with management's ’s general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles GAAP and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's ’s general or specific authorization authorization, and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 29 contracts

Samples: Securities Purchase Agreement (Octavian Global Technologies, Inc.), Securities Purchase Agreement (T3 Motion, Inc.), Securities Purchase Agreement (SRIVARU Holding LTD)

Internal Accounting Controls. The Company and each of its subsidiaries maintain maintains a system of internal accounting controls sufficient to provide reasonable assurance assurances that (i1) transactions are executed in accordance with management's ’s general or specific authorizations, authorization; (ii2) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, accountability for assets; (iii3) access to assets is permitted only in accordance with management's ’s general or specific authorization authorization; and (iv4) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 29 contracts

Samples: Securities Purchase Agreement (Virtualhealth Technologies Inc.), Securities Purchase Agreement (Arkados Group, Inc.), Securities Purchase Agreement (Interactive Games Inc.)

Internal Accounting Controls. The Company and each of its subsidiaries maintain maintains a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's ’s general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, and (iii) access to assets is permitted only in accordance with management's general or specific authorization and (iv) the recorded accountability amounts for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 23 contracts

Samples: Stock Purchase Agreement (CWR 1, LLC), Common Stock Purchase Agreement (U.S. Helicopter CORP), Common Stock Purchase Agreement (U.S. Helicopter CORP)

Internal Accounting Controls. The Company and each of its subsidiaries maintain maintains a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's ’s general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles GAAP and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's ’s general or specific authorization authorization, and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 22 contracts

Samples: Convertible Preferred Stock Purchase Agreement (American Realty Capital Properties, Inc.), Subscription Agreement (Arno Therapeutics, Inc), Securities Purchase Agreement (Iomai Corp)

Internal Accounting Controls. The Company and each of its subsidiaries maintain maintains a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles GAAP and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's general or specific authorization authorization, and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 16 contracts

Samples: Convertible Preferred Stock Purchase Agreement (Bio Key International Inc), Securities Purchase Agreement (Ix Energy Holdings, Inc.), Securities Purchase Agreement (Ziopharm Oncology Inc)

Internal Accounting Controls. The Company and each of its subsidiaries Subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's ’s general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles GAAP and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's ’s general or specific authorization and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 15 contracts

Samples: Securities Purchase Agreement (Medefile International, Inc.), Securities Purchase Agreement (Roo Group Inc), Securities Purchase Agreement (Medefile International, Inc.)

Internal Accounting Controls. The Company and each of its subsidiaries Subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's general or specific authorizations, ; (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, ; (iii) access to assets is permitted only in accordance with management's general or specific authorization authorization; and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 14 contracts

Samples: Investment Agreement (Compumed Inc), Investment Agreement (Organitech Usa Inc), Investment Agreement (Assure Energy Inc)

Internal Accounting Controls. The Company and each of its subsidiaries maintain maintains a system of internal accounting controls sufficient to provide reasonable assurance that (ia) transactions are executed in accordance with management's general or specific authorizations, (iib) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, (iiic) access to assets is permitted only in accordance with management's general or specific authorization authorization, and (ivd) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 14 contracts

Samples: Convertible Note Purchase Agreement (American Millennium Corp Inc), Common Stock Purchase Agreement (Power Kiosks Inc), Subscription Agreement (Softquad Software LTD)

Internal Accounting Controls. The Company and each of its subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's ’s general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's ’s general or specific authorization and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences. Representation by the company relating to internal controls will be made at such time the registration filing has been approved.

Appears in 14 contracts

Samples: Drawdown Equity Financing Agreement (Seaway Valley Capital Corp), Registration Rights Agreement (Green Energy Live Inc), Drawdown Equity Financing Agreement (Capital Reserve Canada LTD)

Internal Accounting Controls. The Company and each of its subsidiaries Subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's general or specific authorization authorization, and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 12 contracts

Samples: Subscription Agreement (iTalk Inc.), Subscription Agreement (Egpi Firecreek, Inc.), Subscription Agreement (Execute Sports Inc)

Internal Accounting Controls. The Company and each of its subsidiaries the Subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's ’s general or specific authorizations, authorization; (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles GAAP and to maintain asset accountability, accountability for assets; (iii) access to assets is permitted only in accordance with management's ’s general or specific authorization authorization; and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 12 contracts

Samples: Underwriting Agreement (American Finance Trust, Inc), Underwriting Agreement (American Finance Trust, Inc), Underwriting Agreement (American Finance Trust, Inc)

Internal Accounting Controls. The Company and each of its subsidiaries ------------------------------ Subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's general or specific authorization and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 12 contracts

Samples: Subscription Agreement (Xtreme Companies Inc), Investment Agreement (Marketcentral Net Corp), 9 Investment Agreement (Diversified Product Inspections Inc)

Internal Accounting Controls. The Company and each of its subsidiaries maintain maintains a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's general or specific authorization and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 11 contracts

Samples: Securities Purchase Agreement (Lapolla Industries Inc), Securities Purchase Agreement (Lapolla Industries Inc), Warrant Purchase Agreement (Nextgen Fund Ii LLC)

Internal Accounting Controls. The Company and each of its subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that that: (i) transactions are executed in accordance with management's ’s general or specific authorizations, ; (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, ; (iii) access to assets is permitted only in accordance with management's ’s general or specific authorization authorization; and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 10 contracts

Samples: Committed Equity Facility Agreement (MusclePharm Corp), Committed Equity Facility Agreement (Ace Marketing & Promotions Inc), Committed Equity Facility Agreement (Bluefire Renewables, Inc.)

Internal Accounting Controls. The Company and each of its subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that that: (i) transactions are executed in accordance with management's ’s general or specific authorizations, ; (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles GAAP and to maintain asset accountability, ; (iii) access to assets Assets is permitted only in accordance with management's ’s general or specific authorization authorization; and (iv) the recorded accountability for assets Assets is compared with the existing assets Assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 9 contracts

Samples: Securities Purchase Agreement (Aqualiv Technologies, Inc.), Securities Purchase Agreement (Sionix Corp), Securities Purchase Agreement (POSITIVEID Corp)

Internal Accounting Controls. The Company and each of its subsidiaries Subsidiary maintain a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's ’s general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's ’s general or specific authorization and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 9 contracts

Samples: Securities Purchase Agreement (PROLOR Biotech, Inc.), Securities Purchase Agreement (Fennec Pharmaceuticals Inc.), Securities Purchase and Registration Rights Agreement (Cryoport, Inc.)

Internal Accounting Controls. The Company and each of its subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (ia) transactions are executed in accordance with management's general or specific authorizations, (iib) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, (iiic) access to assets is permitted only in accordance with management's general or specific authorization authorization, and (ivd) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 9 contracts

Samples: Common Stock Purchase Agreement (Telecom Wireless Corp/Co), Common Stock Purchase Agreement (Telecom Wireless Corp/Co), Bridge Notes Purchase and Security Agreement (Providential Holdings Inc)

Internal Accounting Controls. (i) The Company and each of its subsidiaries maintain the Subsidiaries maintains a system of internal accounting controls sufficient to provide reasonable assurance assurances that (i) transactions are executed in accordance with management's ’s general or specific authorizations, authorization; (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles GAAP and to maintain asset accountability, accountability for assets; (iii) access to assets is permitted only in accordance with management's ’s general or specific authorization authorization; and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 9 contracts

Samples: Securities Purchase Agreement (Immunicon Corp), Securities Purchase Agreement (Evergreen Energy Inc), Securities Purchase Agreement (Stereotaxis, Inc.)

Internal Accounting Controls. The Except as set forth in the SEC Documents, the Company and each of its subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's ’s general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, and (iii) access to assets is permitted only in accordance with management's general or specific authorization and (iv) the recorded accountability amounts for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 9 contracts

Samples: Securities Purchase Agreement (Pervasip Corp), Securities Purchase Agreement (Pervasip Corp), Securities Purchase Agreement (GTX Corp)

Internal Accounting Controls. The Company and each of its subsidiaries maintain maintains a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, and (iii) access to assets is permitted only in accordance with management's general or specific authorization and (iv) the recorded accountability amounts for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 9 contracts

Samples: Participation Agreement (Mondial Ventures, Inc.), Securities Purchase Agreement (CepTor CORP), Securities Purchase Agreement (U.S. Helicopter CORP)

Internal Accounting Controls. The Company and each of its subsidiaries maintain Subsidiary maintains a system of internal accounting controls sufficient to provide reasonable assurance that that: (i) transactions are executed in accordance with management's general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles International Financial Reporting Standards and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's general or specific authorization authorization, and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 8 contracts

Samples: Equity Distribution Agreement (Vizsla Silver Corp.), Underwriting Agreement (Vizsla Silver Corp.), Agency Agreement (Vizsla Silver Corp.)

Internal Accounting Controls. The Company and each of its subsidiaries the Subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that that: (i) transactions are executed in accordance with management's ’s general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles IFRS and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's ’s general or specific authorization authorization, and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 8 contracts

Samples: Securities Purchase Agreement (Rubini Jonathan Brian), Securities Purchase Agreement (G Medical Innovations Holdings Ltd.), Securities Purchase Agreement (G Medical Innovations Holdings Ltd.)

Internal Accounting Controls. The Company and each of its subsidiaries maintain maintains a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's general or specific authorizationsauthorization, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles GAAP and to maintain asset accountabilityaccountability for assets, (iii) access to assets is permitted only in accordance with management's general or specific authorization authorization, and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 8 contracts

Samples: Underwriting Agreement (R&g Financial Corp), Purchase Agreement (Oriental Financial Group Inc), Purchase Agreement (Oriental Financial Group Inc)

Internal Accounting Controls. The Company and each of its subsidiaries Subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's ’s general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's ’s general or specific authorization and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 8 contracts

Samples: Securities Purchase Agreement (Star Scientific Inc), Securities Purchase Agreement (Star Scientific Inc), Securities Purchase Agreement (BOCO Investments LLC)

Internal Accounting Controls. The Company and each of its subsidiaries maintain maintains a system of internal accounting controls sufficient to provide reasonable assurance assurances that (i) transactions are executed in accordance with management's general or specific authorizationsauthorization, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountabilityaccountability for assets, (iii) access to assets is permitted only in accordance with management's general or specific authorization authorization, and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 7 contracts

Samples: Underwriting Agreement (Telemate Net Software Inc), Underwriting Agreement (Pericom Semiconductor Corp), Ibis Technology Corp

Internal Accounting Controls. The Company and each of its subsidiaries maintain maintains a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's general or specific authorizations, ; (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, ; (iii) access to assets is permitted only in accordance with management's general or specific authorization authorization; and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 7 contracts

Samples: Public Offering Underwriting Agreement (China Agri-Business, Inc.), Letter Agreement (Province Healthcare Co), Purchase Agreement (Lendingtree Inc)

Internal Accounting Controls. The Company and each of its subsidiaries maintain maintains a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, and (iii) access to assets is permitted only in accordance with management's general or specific authorization and (iv) the recorded accountability amounts for assets is are compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 7 contracts

Samples: Securities Purchase Agreement (Galaxy Next Generation, Inc.), Securities Purchase Agreement (Pacer Health Corp), Securities Purchase Agreement (Locateplus Holdings Corp)

Internal Accounting Controls. The Company and each of its subsidiaries Subsidiaries agrees to maintain a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's general or specific authorization and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 7 contracts

Samples: Equity Purchase Agreement (Morgan Mining Corp), Equity Purchase Agreement (ProGreen Properties, Inc.), Subscription Agreement (Upholstery International, Inc.)

Internal Accounting Controls. The Company and each of its subsidiaries maintain maintains a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's general or specific authorization authorization, and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 7 contracts

Samples: Securities Purchase Agreement (AFG Enterprises USA, Inc.), Common Stock Purchase Agreement (Intrabiotics Pharmaceuticals Inc /De), Securities Purchase and Registration Agreement (Theglobe Com Inc)

Internal Accounting Controls. The Company and each of its subsidiaries Subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles GAAP and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's general or specific authorization and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 7 contracts

Samples: Securities Purchase Agreement (Altair International Inc), Securities Purchase Agreement (U S Trucking Inc), Securities Purchase Agreement (Altair International Inc)

Internal Accounting Controls. The Company and each of its subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (iw) transactions are executed in accordance with management's general or specific authorizations, ; (iix) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles GAAP and to maintain asset accountability, ; (iiiy) access to assets is permitted only in accordance with management's general or specific authorization authorization; and (ivz) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 7 contracts

Samples: Purchase Agreement (Istar Financial Inc), Underwriting Agreement (Istar Financial Inc), Purchase Agreement (Istar Financial Inc)

Internal Accounting Controls. The Company and each of its subsidiaries maintain Subsidiary maintains a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's ’s general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's ’s general or specific authorization authorization, and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 7 contracts

Samples: Securities Purchase Agreement (Kinderhook Partners, Lp), Securities Purchase Agreement (Liberator Medical Holdings, Inc.), Security Agreement (Stratus Media Group, Inc)

Internal Accounting Controls. The Company and each of its ------------------------------ subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, and (iii) access to assets is permitted only in accordance with management's general or specific authorization and (iv) the recorded accountability amounts for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 6 contracts

Samples: Securities Purchase Agreement (Ns8 Corp), Securities Purchase Agreement (Ns8 Corp), Securities Purchase Agreement (Intrepid Technology & Resource Inc)

Internal Accounting Controls. The Company Devise and each of its subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance assurances that (ia) transactions are executed in accordance with management's general or specific authorizationsauthorization, (iib) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles or any other criteria applicable to such statements, and to maintain asset accountabilityaccountability for assets, (iiic) access to assets is permitted only in accordance with management's general or specific authorization authorization, and (ivd) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 6 contracts

Samples: Preferred Stock Purchase Agreement (Value America Inc /Va), Preferred Stock and Warrant Purchase Agreement (Value America Inc /Va), Preferred Stock Purchase Agreement (Value America Inc /Va)

Internal Accounting Controls. The Company and each subsidiary of its subsidiaries maintain the Company maintains a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's general or specific authorizations, ; (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, ; (iii) access to assets is permitted only in accordance with management's general or specific authorization authorization; and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 6 contracts

Samples: Purchase Agreement (CSK Auto Corp), Purchase Agreement (CSK Auto Corp), Purchase Agreement (CSK Auto Corp)

Internal Accounting Controls. The Company and each of its subsidiaries maintain maintains a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's ’s general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles GAAP and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's ’s general or specific authorization and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 6 contracts

Samples: Stock Purchase Agreement (Rock Energy Resources, Inc.), Securities Purchase Agreement (Force Protection Inc), Securities Purchase Agreement (Challenger Powerboats, Inc.)

Internal Accounting Controls. The Company shall devise and each of its subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance assurances that (ia) transactions are executed in accordance with Company management's ’s general or specific authorizationsauthorization, (iib) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles GAAP or any other criteria applicable to such statements, and to maintain asset accountabilityaccountability for assets, (iiic) access to assets is permitted only in accordance with Company management's ’s general or specific authorization authorization, and (ivd) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 6 contracts

Samples: Securities Purchase Agreement (Radical Holdings Lp), Securities Purchase Agreement (Refocus Group Inc), Securities Purchase Agreement (Immediatek Inc)

Internal Accounting Controls. The Company and each of is not aware that its subsidiaries maintain a system of internal accounting controls is not sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's general or specific authorization and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 6 contracts

Samples: Common Stock Purchase Agreement (Interactive Technologies Com LTD), Common Stock Purchase Agreement (Avanir Pharmaceuticals), Common Stock Purchase Agreement (Eurotech LTD)

Internal Accounting Controls. The Company and each of its ---------------------------- subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's general or specific authorization and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 6 contracts

Samples: Securities Purchase Agreement (Data Race Inc), Credit Agreement (Forefront Inc), Equity Distribution Agreement (Roanoke Technology Corp)

Internal Accounting Controls. (i) The Company and each of its subsidiaries maintain maintains a system of internal accounting controls sufficient to provide reasonable assurance assurances that (i) transactions are executed in accordance with management's general or specific authorizations, authorization; (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles GAAP and to maintain asset accountability, accountability for assets; (iii) access to assets is permitted only in accordance with management's general or specific authorization authorization; and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 6 contracts

Samples: Form of Securities Purchase Agreement (Oxygen Biotherapeutics, Inc.), Securities Purchase Agreement (Lucas Energy, Inc.), Purchase Agreement (India Globalization Capital, Inc.)

Internal Accounting Controls. The Company and each of its subsidiaries maintain maintains a system of internal accounting controls sufficient to provide reasonable assurance in accordance with customary business practices for non-public companies that (i) transactions are executed in accordance with management's ’s general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountabilityGAAP, (iii) access to assets is permitted only in accordance with management's ’s general or specific authorization and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 6 contracts

Samples: Purchase and Sale Agreement (Memorial Production Partners LP), Purchase and Sale Agreement (Memorial Production Partners LP), Purchase and Sale Agreement

Internal Accounting Controls. The Company and each of its subsidiaries maintain maintains a system of internal accounting controls sufficient to provide reasonable assurance assurances that (i1) transactions are executed in accordance with management's general or specific authorizations, authorization; (ii2) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, accountability for assets; (iii3) access to assets is permitted only in accordance with management's general or specific authorization authorization; and (iv4) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 6 contracts

Samples: Securities Purchase Agreement (Fuelstream INC), Securities Purchase Agreement (Jubilant Flame International, LTD), Securities Purchase Agreement (Fuelstream INC)

Internal Accounting Controls. The Company and each of its subsidiaries maintain maintains a system of internal accounting controls sufficient designed to provide reasonable assurance that (i) transactions are executed in accordance with management's ’s general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles GAAP and to maintain asset and liability accountability, (iii) access to assets or incurrence of liabilities is permitted only in accordance with management's ’s general or specific authorization authorization, and (iv) the recorded accountability for assets and liabilities is compared with the existing assets and liabilities at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 5 contracts

Samples: Securities Purchase Agreement (SAB Biotherapeutics, Inc.), Securities Purchase Agreement (Delcath Systems, Inc.), Securities Purchase Agreement (Cellectar Biosciences, Inc.)

Internal Accounting Controls. The Company and each of its subsidiaries Subsidiary maintain a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's general or specific authorization and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 5 contracts

Samples: Securities Purchase Agreement (Stemcells Inc), Securities Purchase Agreement (Stemcells Inc), Subscription Agreement (Stemcells Inc)

Internal Accounting Controls. The Company and each of its subsidiaries Subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's ’s general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles GAAP and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's ’s general or specific authorization authorization, and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 5 contracts

Samples: Securities Purchase Agreement (Antigenics Inc /De/), Securities Purchase Agreement (Antigenics Inc /De/), Securities Purchase Agreement (Antigenics Inc /De/)

Internal Accounting Controls. The Company and each of its subsidiaries maintain maintains a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's general or specific authorizations, ; (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, ; (iii) access to assets is permitted only in accordance with management's general or specific authorization authorization; and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 5 contracts

Samples: Underwriting Agreement (WPS Resources Corp), Distribution Agreement (WPS Resources Corp), Underwriting Agreement (WPS Resources Corp)

Internal Accounting Controls. The Company and each of its consolidated subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance assurances that (iA) transactions are executed in accordance with management's ’s general or specific authorizations, authorization; (iiB) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, accountability for assets; (iiiC) access to assets is permitted only in accordance with management's ’s general or specific authorization authorization; and (ivD) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 5 contracts

Samples: Purchase Agreement (Puget Sound Energy Inc), Purchase Agreement (Puget Sound Energy Inc), Purchase Agreement (Puget Sound Energy Inc)

Internal Accounting Controls. The Company and each of its subsidiaries the Subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's ’s general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles GAAP and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's ’s general or specific authorization authorization, and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 5 contracts

Samples: Securities Purchase Agreement (Zix Corp), Securities Purchase Agreement (Zix Corp), Securities Purchase Agreement (Zix Corp)

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Internal Accounting Controls. The Company and each of its subsidiaries maintain maintains a system of internal accounting controls sufficient to provide reasonable assurance that that: (i) transactions are executed in accordance with management's ’s general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles Applicable Accounting Standards and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's ’s general or specific authorization authorization, and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 5 contracts

Samples: Securities Purchase Agreement (Digihost Technology Inc.), Securities Purchase Agreement (Digihost Technology Inc.), Securities Purchase Agreement

Internal Accounting Controls. The Company and each of its subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's general or specific authorization authorization, and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 5 contracts

Samples: Securities Exchange Agreement (Cambex Corp), Securities Exchange Agreement (Cambex Corp), Securities Exchange Agreement (Cambex Corp)

Internal Accounting Controls. The Company and each is aware of no respect in which its subsidiaries maintain a system of internal accounting controls is not sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's general or specific authorization and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 5 contracts

Samples: Common Stock Purchase Agreement (Aquasearch Inc), Common Stock Purchase Agreement (Fonix Corp), Form of Common Stock Purchase Agreement (World Shopping Network Inc/Nv)

Internal Accounting Controls. The Company and each of its subsidiaries the Subsidiaries maintain a system of internal accounting controls which the Company believes is sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles GAAP and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's general or specific authorization authorization, and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences...

Appears in 5 contracts

Samples: Securities Purchase Agreement (Aprecia Inc), Securities Purchase Agreement (Aprecia Inc), Securities Purchase Agreement (Ustelematics Inc)

Internal Accounting Controls. The Company and each of its subsidiaries Subsidiary maintain a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's ’s general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's ’s general or specific authorization and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 4 contracts

Samples: Equity Distribution Agreement (Investview, Inc.), Equity Distribution Agreement (EZTD Inc), Equity Distribution Agreement (PV Nano Cell, Ltd.)

Internal Accounting Controls. The Company and each of its subsidiaries maintain maintains a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's ’s general or specific authorizations, ; (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, ; (iii) access to assets is permitted only in accordance with management's ’s general or specific authorization authorization; and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 4 contracts

Samples: Purchase Agreement (Paetec Corp), Common Terms Agreement (Cheniere Energy Inc), NeoStem, Inc.

Internal Accounting Controls. The Company and each of its subsidiaries Subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's ’s general or specific authorizations, ; (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, ; (iii) access to assets is permitted only in accordance with management's ’s general or specific authorization authorization; and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 4 contracts

Samples: Investment Agreement (Next Inc/Tn), Investment Agreement (Probe Manufacturing Inc), Investment Agreement (Homeland Security Network, Inc.)

Internal Accounting Controls. The Company and each of its subsidiaries Subsidiary maintain a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's general or specific authorization authorization, and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Utix Group Inc), Securities Purchase Agreement (Utix Group Inc), Securities Purchase Agreement (Utix Group Inc)

Internal Accounting Controls. The Each of the Company and each of its subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with the management's general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, (iii) access to assets is permitted only in accordance with the management's general or specific authorization and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 4 contracts

Samples: Placement Agreement (Northeast Bancorp /Me/), Chandler Usa Inc, Center Bancorp Inc

Internal Accounting Controls. The Company and each of its subsidiaries the Subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's general or specific authorization and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Digital Courier Technologies Inc), Securities Purchase Agreement (Geron Corporation), Securities Purchase Agreement (Geron Corporation)

Internal Accounting Controls. The Company and each of its subsidiaries maintain a system of internal accounting and other controls sufficient to provide reasonable assurance assurances that (i) transactions are executed in accordance with management's ’s general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles GAAP and to maintain asset accountabilityaccountability for assets, (iii) access to assets is permitted only in accordance with management's ’s general or specific authorization authorization, and (iv) the recorded accountability accounting for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 4 contracts

Samples: Sales Agency Financing Agreement (Boston Properties Inc), Sales Agency Financing Agreement (Boston Properties Inc), Sales Agency Financing Agreement (Boston Properties Inc)

Internal Accounting Controls. The Company and each of its subsidiaries maintain maintains a system of internal accounting controls sufficient to provide reasonable assurance that that: (i) transactions are executed in accordance with management's ’s general or specific authorizations, ; (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles GAAP and to maintain asset accountability, ; (iii) access to assets Assets is permitted only in accordance with management's ’s general or specific authorization authorization; and (iv) the recorded accountability for assets Assets is compared with the existing assets Assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 4 contracts

Samples: Securities Purchase Agreement (MamaMancini's Holdings, Inc.), Securities Purchase Agreement (NewLead Holdings Ltd.), Securities Purchase Agreement (Osl Holdings, Inc.)

Internal Accounting Controls. The Company and each of its subsidiaries maintain maintains a system of internal accounting controls sufficient to provide reasonable assurance assurances that (ia) transactions are executed in accordance with management's general or specific authorizations, authorization; (iib) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, accountability for assets; (iiic) access to assets is permitted only in accordance with management's general or specific authorization authorization; and (ivd) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 4 contracts

Samples: Purchase Agreement (Rhythms Net Connections Inc), Warrant Agreement (Rhythms Net Connections Inc), Purchase Agreement (Rhythms Net Connections Inc)

Internal Accounting Controls. The Company and each of its subsidiaries maintain maintains a system of internal accounting controls sufficient to provide reasonable assurance assurances that (i) transactions are executed in accordance with management's ’s general or specific authorizations, authorization; (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, accountability for assets; (iii) access to assets is permitted only in accordance with management's ’s general or specific authorization authorization; and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 4 contracts

Samples: Common Stock and Warrant Purchase Agreement (Mimvi, Inc.), Note Purchase Agreement (ZaZa Energy Corp), Purchase Agreement (Phoenix Companies Inc/De)

Internal Accounting Controls. The Company and each of its subsidiaries maintain maintains a system of ---------------------------- internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's general or specific authorization and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 3 contracts

Samples: Warrant Purchase Agreement (Ixata Group Inc), Stock Purchase Agreement (Bighub Com Inc), Stock Purchase Agreement (Bighub Com Inc)

Internal Accounting Controls. The Company Corporation and each of its subsidiaries maintain the Subsidiaries maintains a system of internal accounting controls sufficient to provide reasonable assurance that that: (i) transactions are executed in accordance with management's ’s general or specific authorizations, ; (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles IFRS and to maintain asset accountability, ; (iii) access to assets is permitted only in accordance with management's ’s general or specific authorization authorization; and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 3 contracts

Samples: Underwriting Agreement, Underwriting Agreement, Agency Agreement

Internal Accounting Controls. The Company Company, the Operating Partnership and each of its subsidiaries the Subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (iA) transactions are executed in accordance with management's general or specific authorizations, ; (iiB) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles GAAP and to maintain asset accountability, ; (iiiC) access to assets is permitted only in accordance with management's general or specific authorization authorization; and (ivD) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 3 contracts

Samples: Underwriting Agreement (Lasalle Hotel Properties), Underwriting Agreement (Lasalle Hotel Properties), Lasalle Hotel Properties

Internal Accounting Controls. The Company and each of its subsidiaries maintain maintains a system of internal accounting controls control sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's general or specific authorizations, authorization; (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, accountability for assets; (iii) access to assets is permitted only in accordance with management's general or specific authorization authorization; and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 3 contracts

Samples: Underwriting Agreement (Puro Water Group Inc), Underwriting Agreement (Puro Water Group Inc), Image Entertainment Inc

Internal Accounting Controls. The Except as disclosed in its filings with the Securities and Exchange Commission, the Company and each of its subsidiaries maintain maintains a system of internal accounting controls sufficient to provide reasonable assurance assurances that (i1) transactions are executed in accordance with management's ’s general or specific authorizations, authorization; (ii2) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, accountability for assets; (iii3) access to assets is permitted only in accordance with management's ’s general or specific authorization authorization; and (iv4) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Safe & Green Holdings Corp.), Securities Purchase Agreement (Safe & Green Development Corp), Securities Purchase Agreement (Safe & Green Holdings Corp.)

Internal Accounting Controls. The Company Borrower and each of its subsidiaries the Subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's ’s general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's ’s general or specific authorization authorization, and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 3 contracts

Samples: Loan and Securities Purchase Agreement (Aerogen Inc), Loan and Securities Purchase Agreement (Aerogen Inc), Loan and Securities Purchase Agreement (Earthshell Corp)

Internal Accounting Controls. The Company and each of its subsidiaries shall maintain a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's ’s general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles GAAP and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's ’s general or specific authorization authorization, and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 3 contracts

Samples: Purchase Agreement (Sutura, Inc.), Note Purchase Agreement (Shumate Industries Inc), Purchase Agreement (Sutura, Inc.)

Internal Accounting Controls. The Company and each of its ---------------------------- subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance assurances that (iA) transactions are executed in accordance with management's general or specific authorizationsauthorization, (iiB) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountabilityaccountability for assets, (iiiC) access to assets is permitted only in accordance with management's general or specific authorization and (ivD) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 3 contracts

Samples: Purchase Agreement (Cross Timbers Oil Co), Purchase Agreement (Allbritton Communications Co), Purchase Agreement (Cross Timbers Oil Co)

Internal Accounting Controls. The Company and each of its subsidiaries maintain has established a system of internal accounting controls sufficient to provide reasonable assurance that that: (ia) transactions are executed in accordance with management's ’s general or specific authorizations, ; (iib) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles the Company historical practices and to maintain asset accountability, ; (iiic) access to assets is permitted only in accordance with management's ’s general or specific authorization authorization; and (ivd) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (FS Development Corp. II), Agreement and Plan of Merger (Gemini Therapeutics, Inc. /DE), Agreement and Plan of Merger (FS Development Corp.)

Internal Accounting Controls. The Company and each of its subsidiaries maintain maintains a system of internal accounting controls sufficient to provide reasonable assurance that (iA) transactions are executed in accordance with management's ’s general or specific authorizations, ; (iiB) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, ; (iiiC) access to assets is permitted only in accordance with management's ’s general or specific authorization authorization; and (ivD) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 3 contracts

Samples: Underwriting Agreement (Aquestive Therapeutics, Inc.), Equity Distribution Agreement (Aquestive Therapeutics, Inc.), Purchase Agreement (Coley Pharmaceutical Group, Inc.)

Internal Accounting Controls. The Company and each of its subsidiaries the Subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's ’s general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles GAAP and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's ’s general or specific authorization and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 3 contracts

Samples: Securities Purchase Agreement (MCF Corp), Securities Purchase Agreement (Pico Holdings Inc /New), Securities Purchase Agreement (Pico Holdings Inc /New)

Internal Accounting Controls. The Company and each of ------------------------------ its subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's general or specific authorization and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 3 contracts

Samples: Equity Distribution Agreement (Intrepid Technology & Resource Inc), Exhibit 99 (Donobi Inc), Equity Distribution Agreement (Zann Corp)

Internal Accounting Controls. The Company and each of its subsidiaries the Significant Subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's ’s general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's ’s general or specific authorization and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Vyyo Inc), Securities Purchase Agreement (Vyyo Inc), Securities Purchase Agreement (Vyyo Inc)

Internal Accounting Controls. The To the knowledge of the Company. the Company and each of its subsidiaries the Subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's general or specific authorization authorization, and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Cadence Resources Corp), Securities Purchase Agreement (Cadence Resources Corp), Securities Purchase Agreement (Cadence Resources Corp)

Internal Accounting Controls. The Company and each of its subsidiaries maintain has established a system of internal accounting controls sufficient to provide reasonable assurance that that: (ia) transactions are executed in accordance with management's ’s general or specific authorizations, ; (iib) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles U.S. GAAP, and the Company’s historical practices and to maintain asset accountability, ; (iiic) access to assets is permitted only in accordance with management's ’s general or specific authorization authorization; and (ivd) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 3 contracts

Samples: Merger Agreement (Revelstone Capital Acquisition Corp.), Merger Agreement (Revelstone Capital Acquisition Corp.), Merger Agreement (Revelstone Capital Acquisition Corp.)

Internal Accounting Controls. The Company and each of its ------------------------------ subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's general or specific authorization and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 3 contracts

Samples: Equity Distribution Agreement (China World Trade Corp), Equity Distribution Agreement (Falcon Natural Gas Corp), Exhibit 99 (Falcon Natural Gas Corp)

Internal Accounting Controls. The Except as described in the SEC Documents, the Company and each of its subsidiaries maintain maintains a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's ’s general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountabilityGAAP, (iii) access to assets is permitted only in accordance with management's ’s general or specific authorization authorization, and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Illumina Inc), Securities Purchase Agreement (Solexa, Inc.), Stock Purchase Agreement (Bluefly Inc)

Internal Accounting Controls. The Company and each of its subsidiaries ------------------------------ Subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's general or specific authorization authorization, and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 3 contracts

Samples: Subscription Agreement (Simplagene Usa Inc), Subscription Agreement (Walker Financial Corp), Subscription Agreement (Locateplus Holdings Corp)

Internal Accounting Controls. The Company and each of its subsidiaries the Subsidiary maintain a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's ’s general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's ’s general or specific authorization and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 3 contracts

Samples: Securities Purchase and Registration Rights Agreement (AIT Therapeutics, Inc.), Securities Purchase and Registration Rights Agreement (AIT Therapeutics, Inc.), Securities Purchase and Registration Rights Agreement (AIT Therapeutics, Inc.)

Internal Accounting Controls. The Company and each of its subsidiaries maintain maintains a system ---------------------------- of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's general or specific authorization authorization, and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Questcor Pharmaceuticals Inc), Securities Purchase Agreement (Questcor Pharmaceuticals Inc)

Internal Accounting Controls. The Company maintains, and each of its subsidiaries maintain the Company will continue to maintain, a system of internal accounting controls control sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's general or specific authorizations, authorization; (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, accountability for assets; (iii) access to assets is permitted only in accordance with management's general or specific authorization authorization; and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 2 contracts

Samples: Underwriting Agreement (Niche Pharmaceuticals Inc), Underwriting Agreement (Niche Pharmaceuticals Inc)

Internal Accounting Controls. The Company and each of its ----------------------------- subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (i) transactions are executed in accordance with management's general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management's general or specific authorization and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 2 contracts

Samples: Equity Distribution Agreement (Ns8 Corp), Equity Distribution Agreement (Intrepid Technology & Resource Inc)

Internal Accounting Controls. The Company and each of its subsidiaries maintain Material Subsidiary maintains a system of internal accounting controls sufficient to provide reasonable assurance that that: (i) transactions are executed in accordance with management's ’s general or specific authorizations, ; (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles International Financial Reporting Standards and to maintain asset accountability, ; (iii) access to assets is permitted only in accordance with management's ’s general or specific authorization authorization; and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 2 contracts

Samples: Agency Agreement (Americas Silver Corp), Agency Agreement (Americas Silver Corp)

Internal Accounting Controls. The Company and each of its subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance assurances that (iA) transactions are executed in accordance with management's general or specific authorizationsauthorization, (iiB) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountabilityaccountability for assets, (iiiC) access to assets is permitted only in accordance with management's general or specific authorization and (ivD) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 2 contracts

Samples: Purchase Agreement (Midcoast Energy Resources Inc), Wam Net Inc

Internal Accounting Controls. The Company and each of its subsidiaries maintain maintains a system of internal accounting controls sufficient to provide reasonable assurance that (ia) transactions are executed in accordance with management's ’s general or specific authorizations, (iib) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability, (iiic) access to assets is permitted only in accordance with management's ’s general or specific authorization authorization, and (ivd) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

Appears in 2 contracts

Samples: Securities Exchange Agreement (RCS Capital Corp), Reserve Equity Financing Agreement (Global Earth Energy, Inc.)

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