Common use of Keeping Books and Records Clause in Contracts

Keeping Books and Records. Borrowers will maintain proper books of record and account in which full, true, and correct entries in conformity with GAAP shall be made of all dealings and transactions in relation to its business and activities. Borrowers shall maintain reserves against their Accounts Receivable in accordance with GAAP.

Appears in 1 contract

Samples: Loan Agreement (Ascendant Solutions Inc)

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Keeping Books and Records. Borrowers Borrower will maintain proper books of record and account in which full, true, and correct entries in conformity with GAAP consistently followed and applied shall be made of all dealings and transactions in relation to its business and activities. Borrowers shall maintain reserves against their Accounts Receivable in accordance with GAAP.

Appears in 1 contract

Samples: Credit Loan Agreement (Ares Commercial Real Estate Corp)

Keeping Books and Records. Borrowers will Debtor shall maintain proper books of record and account in which full, true, and correct entries in conformity with GAAP shall be made of all dealings and transactions in relation to its business and activities. Borrowers shall maintain reserves against their Accounts Receivable in accordance with GAAP.

Appears in 1 contract

Samples: Loan and Security Agreement (H/Cell Energy Corp)

Keeping Books and Records. Borrowers will Each Debtor shall maintain proper books of record and account in which full, true, and correct entries in conformity with GAAP shall be made of all dealings and transactions in relation to its business and activities. Borrowers shall maintain reserves against their Accounts Receivable in accordance with GAAP.

Appears in 1 contract

Samples: Loan and Security Agreement (AmeriCrew Inc.)

Keeping Books and Records. Borrowers Borrower will maintain proper books of record and account in which full, true, and correct entries in conformity with GAAP shall be made of all dealings and transactions in relation to its the business of and activities. Borrowers shall maintain reserves against their Accounts Receivable in accordance with GAAPaccounting for each Project and of all financial transactions materially related to the financial condition of the Borrower.

Appears in 1 contract

Samples: Loan Agreement (Emeritus Corp\wa\)

Keeping Books and Records. Borrowers Borrower will maintain proper books of record and account in which full, true, and correct entries in conformity with GAAP shall be made of all dealings and transactions in relation to its business and activities. Borrowers shall maintain reserves against their Accounts Receivable in accordance with GAAP.

Appears in 1 contract

Samples: Loan Agreement (First Wave Marine Inc)

Keeping Books and Records. Borrowers Each Borrower will maintain proper books of record and account in which full, true, and correct entries in conformity with GAAP shall be made of all dealings and transactions in relation to its business and activities. Borrowers shall maintain reserves against their Accounts Receivable in accordance with GAAP.

Appears in 1 contract

Samples: Loan Agreement (Castle Energy Corp)

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Keeping Books and Records. Borrowers Each Borrower will maintain proper books of record and account in which full, true, and correct entries in conformity with GAAP shall be made of all dealings and transactions in relation to its business and activities. Borrowers shall maintain reserves against their Accounts Receivable in accordance with GAAP.

Appears in 1 contract

Samples: Loan Agreement (Integrated Performance Systems Inc)

Keeping Books and Records. Borrowers Borrower will maintain proper books of record and account in which full, true, timely and correct complete entries in conformity with GAAP shall be made of all dealings and transactions in relation to its business and activities. Borrowers shall maintain reserves against their Accounts Receivable in accordance with GAAP.

Appears in 1 contract

Samples: Credit Agreement (Dril-Quip Inc)

Keeping Books and Records. Borrowers will Each Borrower shall maintain proper books of record and account in which full, true, and correct entries in conformity with GAAP in all material respects shall be made of all dealings and transactions in relation to its business and activities. Borrowers shall maintain reserves against their Accounts Receivable in accordance with GAAP.

Appears in 1 contract

Samples: Loan and Security Agreement (Digerati Technologies, Inc.)

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