Common use of Operational Controls Clause in Contracts

Operational Controls. Issuer maintains a system of internal accounting controls sufficient to provide reasonable assurance that (1) transactions are executed in accordance with the Issuer management’s general or specific authorizations and (2) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability. Issuer is not aware of any substantial problems of an operational nature that the Issuer may be experiencing and that may endanger the