Common use of Records of the Business Clause in Contracts

Records of the Business. The books of account and other financial records of Company are complete and correct, are maintained in accordance with usual business practices and comply with all Requirements of Law. Such books and records reflect only valid transactions and all valid transactions required to be reflected on such books and records are reflected upon such books and records.

Appears in 3 contracts

Sources: Exchange Agreement (Helsinki Capital Partners Inc), Agreement and Plan of Reorganization (Hartcourt Companies Inc), Exchange Agreement (Skyframes Inc)

Records of the Business. The books of account and other financial records of Company Acquiree and Subsidiary are complete and correct, are maintained in accordance with usual business practices and comply with all Requirements of Law. Such books and records reflect only valid transactions and all valid transactions required to be reflected on such books and records are reflected upon such books and records.

Appears in 2 contracts

Sources: Exchange Agreement (Helsinki Capital Partners Inc), Exchange Agreement (Skyframes Inc)