UNIFORM ACCOUNTING SYSTEM Sample Clauses

UNIFORM ACCOUNTING SYSTEM. Retailer agrees to maintain its financial books and records in accordance with the Mercedes-Benz Accounting Manual, as amended from time to time by MBUSA. In addition, Retailer shall furnish to MBUSA complete and accurate financial or operating information, including without limitation, a financial and/or operating statement covering the current month and calendar year-to-date operations and showing the true and accurate condition of Retailer's business. Retailer shall promptly furnish to MBUSA copies of any adjusted annual statements, including any and all adjusted, year-end statements prepared for tax or any other purposes. All such information shall be furnished by Retailer to MBUSA via MBUSA's electronic communications network and in such a format and at such times as prescribed by MBUSA. If requested by MBUSA, Retailer shall furnish to MBUSA an audited annual financial statement.
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UNIFORM ACCOUNTING SYSTEM. DEALER agrees to maintain its financial books and records in accordance with the Toyota Dealer Accounting Manual, as amended from time to time by DISTRIBUTOR. In addition, DEALER shall furnish to DISTRIBUTOR, who may also furnish it to IMPORTER and FACTORY, complete and accurate financial and operating information by the tenth (10th) of each month in a format prescribed by DISTRIBUTOR. This information shall include, without limitation, a complete and accurate financial and operating statement covering the preceding month and calendar year-to-date operations, including any adjusted year-end statements, showing the true condition of DEALER's business. All such information shall be furnished by DEALER to DISTRIBUTOR via DISTRIBUTOR's electronic communications network and/or in hard copy and/or in any other manner designated by DISTRIBUTOR.
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UNIFORM ACCOUNTING SYSTEM. DEALER agrees to maintain its financial books and records in accordance with the LEXUS Accounting Manual, as amended from time to time by DISTRIBUTOR. In addition, DEALER shall furnish to DISTRIBUTOR complete and accurate financial or operating information, including without limitation, a financial and/or operating statement covering the current month and calendar year-to-date operations and showing the true and accurate condition of DEALER'S business. DEALER shall promptly furnish to DISTRIBUTOR copies of any adjusted financial and/or operating statements, including any and all adjusted, year-end statements prepared for tax or any other purposes. All such information shall be furnished by DEALER to DISTRIBUTOR via DISTRIBUTOR'S electronic communications network and in such a format and at such times as prescribed by DISTRIBUTOR.
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UNIFORM ACCOUNTING SYSTEM. DEALER agrees to maintain a uniform accounting system designated by PETERBILT, and in accordance with PETERBILT policies, procedures and forms, as amended from time to time. In addition, DEALER will furnish to PETERBILT, by the twentieth of each month, in the manner set forth in the PETERBILT Accounting Manual and in a format and on forms prescribed by PETERBILT, a complete and accurate financial and operating statement covering the preceding month and DEALER's fiscal year-to-date operations. DEALER will also promptly furnish to PETERBILT a copy of any adjusted financial or operating statement prepared by or for DEALER.
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UNIFORM ACCOUNTING SYSTEM. Both the Retailer and the Franchisor will benefit by using Retailer operating information to develop composite operating statistics, to analyze the Retailer's business management practices, and to assess the impact of the Franchisor's policies and practices. To assure maximum benefit, the Retailer agrees to maintain a uniform accounting system and to furnish reports and records as provided in the GM Dealer's Standard Accounting Manual and the FOT approved Saturn Retailer Systems business accounting applications.
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UNIFORM ACCOUNTING SYSTEM. DEALER agrees to maintain its financial books and records in accordance with the TOYOTA DEALER ACCOUNTING MANUAL, as amended from time to time by DISTRIBUTOR. In addition, DEALER shall furnish to DISTRIBUTOR, who may also furnish it to IMPORTER and FACTORY, complete and accurate financial and operating information by the tenth (10th) of each month in a format prescribed by DISTRIBUTOR. This information shall include, without limitation, a complete and accurate financial and operating statement covering the preceding month and calendar year-to-date operations, including any adjusted year-end statements, showing the true condition of DEALER's business. All such information shall be furnished by DEALER to DISTRIBUTOR via DISTRIBUTOR's electronic communications network and/or in hard copy and/or in any other manner designated by DISTRIBUTOR.
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UNIFORM ACCOUNTING SYSTEM. A uniform accounting system facilitates an evaluation of Dealer business management practices and the impact of Division's policies and practices. Division therefore agrees to maintain, and Dealer agrees to use and maintain records in accordance with, a uniform accounting system set forth in an accounting manual furnished to Dealer. Dealer also agrees to timely submit true and accurate applications or claims for payments, discounts or allowances; true and correct orders for Products and reports of sale and delivery; and any other reports or statements required by Division, in the manner specified by Division, and to retain such records for at least two years.
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UNIFORM ACCOUNTING SYSTEM. It is for the mutual benefit of DEALER and MMSA that uniform accounting systems and practices be maintained by all Authorized MMSA Dealers. Accordingly, DEALER agrees to maintain such systems and practices as designated by MMSA in accordance with the uniform accounting system and practices established by MMSA for use by all MMSA Dealers. DEALER agrees that it will furnish to MMSA by the tenth (10th) day of each month, in the form prescribed by MMSA, true, complete and accurate financial and operating statements covering the preceding month and showing calendar-year-to-date operations.
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Related to UNIFORM ACCOUNTING SYSTEM

  • Accounting System Maintain a system of accounting that enables Borrowers to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers also shall keep an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventory.

  • Company’s Accounting System The Company maintains a system of accounting controls sufficient to provide reasonable assurances that (i) transactions are executed in accordance with management's general or specific authorization; (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain accountability for assets; (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 existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

  • Portfolio Accounting Services (1) Maintain portfolio records on a trade date+1 basis using security trade information communicated from the Fund’s investment adviser.

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

  • Tax Accounting Services (1) Maintain accounting records for the investment portfolio of the Fund to support the tax reporting required for “regulated investment companies” under the Internal Revenue Code of 1986, as amended (the “Code”).

  • Tax Accounting Practices (a) Except as provided in Section 3.03(b), any Tax Return for any Pre-Distribution Tax Period, to the extent it relates to members of the Broadridge Group, shall be prepared in accordance with practices, accounting methods, elections, conventions and Tax positions used with respect to the Tax Return in question for periods prior to the Distribution (“Past Practices”), and, in the case of any item the treatment of which is not addressed by Past Practices, in accordance with generally acceptable Tax accounting practices. Notwithstanding the foregoing, for any Tax Return described in the preceding sentence, (i) a Party will not be required to follow Past Practices with either the written consent of the other Party (not to be unreasonably withheld) or a “should” level opinion from a Tax Advisor that the proposed method of reporting is correct and (ii) ADP shall have the right to determine which entities will be included in any consolidated, combined, affiliated or unitary Return that it is responsible for filing.

  • Fund Accounting Services GFS may from time to time adopt procedures, or modify its procedures, to implement the terms of this Section. With respect to each Fund, GFS shall provide the following services subject to, and in compliance with, the objectives, policies and limitations set forth in the Trust’s Registration Statement, the Trust’s Agreement and Declaration of Trust, Bylaws, applicable laws and regulations, and resolutions and policies implemented by the Trust’s Board of Trustees (the “Board”):

  • Statements of Reconciliation after Change in Accounting Principles If, as a result of any change in accounting principles and policies from those used in the preparation of the Historical Financial Statements, the consolidated financial statements of Holdings and its Subsidiaries delivered pursuant to Section 5.1(b) or 5.1(c) will differ in any material respect from the consolidated financial statements that would have been delivered pursuant to such subdivisions had no such change in accounting principles and policies been made, then, together with the first delivery of such financial statements after such change, one or more statements of reconciliation for all such prior financial statements in form and substance satisfactory to Administrative Agent;

  • Change in Accounting Principles If, after the date of this Agreement, there shall occur any change in GAAP from those used in the preparation of the financial statements referred to in Section 6.5 hereof and such change shall result in a change in the method of calculation of any financial covenant, standard or term found in this Agreement, either the Borrower or the Required Lenders may by notice to the Lenders and the Borrower, respectively, require that the Lenders and the Borrower negotiate in good faith to amend such covenants, standards, and terms so as equitably to reflect such change in accounting principles, with the desired result being that the criteria for evaluating the financial condition of the Borrower and its Subsidiaries shall be the same as if such change had not been made. No delay by the Borrower or the Required Lenders in requiring such negotiation shall limit their right to so require such a negotiation at any time after such a change in accounting principles. Until any such covenant, standard, or term is amended in accordance with this Section 5.3, financial covenants shall be computed and determined in accordance with GAAP in effect prior to such change in accounting principles. Without limiting the generality of the foregoing, the Borrower shall neither be deemed to be in compliance with any financial covenant hereunder nor out of compliance with any financial covenant hereunder if such state of compliance or noncompliance, as the case may be, would not exist but for the occurrence of a change in accounting principles after the date hereof.

  • Accounting Services The Manager will provide all accounting services customarily required by investment companies, in accordance with the requirements of applicable laws, rules and regulations and with the policies and practices of each Series as communicated to the Manager from time to time, including, but not limited to, the following:

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