Common use of Accounting System Clause in Contracts

Accounting System. Borrower at all times shall maintain a standard and modern system of accounting in accordance with GAAP with ledger and account cards or computer tapes, disks, printouts and records pertaining to the Collateral which contain information as may from time to time be requested by Fremont. Borrower also shall keep proper books of account showing all sales, claims and allowances on its Inventory.

Appears in 2 contracts

Samples: Loan and Security Agreement (International Food & Beverage Inc /De/), Loan and Security Agreement (Annies Homegrown Inc)

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Accounting System. Borrower at all times hereafter shall maintain a standard and modern system of accounting in accordance with GAAP with ledger and account cards or computer tapes, disks, printouts and records pertaining to the Collateral which contain information as may from time to time be requested by Fremont. Borrower also shall keep proper books of account showing all sales, claims and allowances on its Inventory.

Appears in 2 contracts

Samples: Loan and Security Agreement (Tristar Corp), Consolidated And (Tristar Corp)

Accounting System. Borrower at all times shall maintain a standard and modern system of accounting in accordance with GAAP with ledger and account cards or computer tapes, disksdiscs, printouts printouts, and records pertaining to the Collateral which that contain information as may from time to time may be reasonably requested by FremontLenders. Borrower also shall keep proper books of account showing all sales, claims claims, and allowances on its Inventory.

Appears in 1 contract

Samples: Loan and Security Agreement (T3 Motion, Inc.)

Accounting System. Borrower at all times shall maintain a standard and modern system of accounting in accordance with GAAP with ledger and account cards or computer tapes, disks, printouts and records pertaining to the Collateral which contain information as may from time to time be requested by FremontLender. Borrower also shall keep proper books of account showing all sales, claims and allowances on its Inventory.

Appears in 1 contract

Samples: Loan and Security Agreement (Eip Microwave Inc)

Accounting System. Borrower at all times shall maintain a standard and modern system of accounting in accordance with GAAP with ledger and account cards or computer tapes, disksdiscs, printouts printouts, and records pertaining to the Collateral which contain information as may from time to time reasonably may be requested by FremontFoothill. Borrower also shall keep proper books of account showing all sales, claims claims, and allowances on its Inventory.

Appears in 1 contract

Samples: Loan and Security Agreement (Image Entertainment Inc)

Accounting System. Borrower at all times hereafter shall maintain a standard and modern system of accounting in accordance with GAAP with ledger and account cards or computer tapes, disksdiscs, printouts printouts, and records pertaining to the Collateral which contain information as may from time to time may be requested by FremontFoothill. Borrower shall also shall keep proper books of account showing all sales, claims claims, and allowances on its Inventory.

Appears in 1 contract

Samples: Loan and Security Agreement (Phoenix Network Inc)

Accounting System. Borrower at all times hereafter shall maintain a standard and modern system of accounting in accordance with GAAP with ledger and account cards or computer tapes, disks, printouts printouts, and records pertaining to the Collateral which contain information as may from time to time be requested by FremontPBC. Borrower shall also shall keep proper books of account Accounts showing all salesSales, claims claims, and allowances on its Inventoryinventory.

Appears in 1 contract

Samples: Loan and Security Agreement (Lee Pharmaceuticals)

Accounting System. Borrower at all times shall maintain a standard and modern system of accounting in accordance with GAAP with ledger and .and account cards or computer tapes, disksdiscs, printouts printouts, and records pertaining to the Collateral which that contain information as may from time to time may be reasonably requested by FremontLender. Borrower also shall keep proper books of account showing all sales, claims claims, and allowances on its Inventory.

Appears in 1 contract

Samples: Loan and Security Agreement (DecisionPoint Systems, Inc.)

Accounting System. Borrower at all times hereafter shall maintain a standard and modern system of accounting in accordance with GAAP with ledger and account cards or computer tapes, disks, printouts printouts, and records pertaining to the Collateral which contain information as may from time to time be requested by FremontFINOVA. Borrower shall also shall keep proper books of account Accounts showing all salesSales, claims claims, and allowances on its Inventoryinventory.

Appears in 1 contract

Samples: Loan and Security Agreement (Lee Pharmaceuticals)

Accounting System. Borrower at all times shall maintain a standard and modern system of accounting in accordance with GAAP with ledger and account cards or computer tapes, disksdiscs, printouts printouts, and records pertaining to the Collateral which contain information as may from time to time reasonably may be requested by FremontFoothill. Borrower also shall keep proper books of account showing all sales, claims claims, and allowances on its Inventory.

Appears in 1 contract

Samples: Loan and Security Agreement (Telemundo Group Inc)

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Accounting System. Borrower at all times shall maintain a standard and modern system of accounting in accordance with GAAP with ledger and account cards or computer tapes, disks, printouts and records pertaining to the Collateral which contain information as may from time to time be requested by Fremont. Borrower also shall keep proper books of account showing all sales, claims and allowances on its Inventory.. 6.2

Appears in 1 contract

Samples: Loan and Security Agreement (Eip Microwave Inc)

Accounting System. Borrower at all times shall maintain a standard and modern system of accounting in accordance with GAAP with ledger and account cards or computer tapes, disksdiscs, printouts printouts, and records pertaining to the Collateral which contain information as may from time to time may be requested by FremontLender. Borrower also shall keep proper books of account showing all sales, claims claims, and allowances on its Inventoryinventory.

Appears in 1 contract

Samples: Loan and Security Agreement (Voice Powered Technology International Inc)

Accounting System. Borrower at all times and its Subsidiaries shall maintain a standard and modern system of accounting in accordance with GAAP with ledger and account cards or computer tapes, disksdiscs, printouts printouts, and records pertaining to the Collateral which contain information as may from time to time reasonably may be requested by FremontFoothill. Borrower and its Subsidiaries also shall keep proper books of account showing all sales, claims claims, and allowances on its their Inventory.

Appears in 1 contract

Samples: Loan and Security Agreement (Image Entertainment Inc)

Accounting System. Borrower at all times shall maintain a standard and modern modem system of accounting in accordance with GAAP with ledger and account cards or computer tapes, disksdiscs, printouts printouts, and records pertaining to the Collateral which that contain information as may from time to time may be reasonably requested by FremontLender. Borrower also shall keep proper books of account showing all sales, claims claims, and allowances on its Inventory.

Appears in 1 contract

Samples: Loan and Security Agreement (Vertical Branding, Inc.)

Accounting System. Borrower at all times hereafter shall maintain a standard and modern system of accounting in accordance with GAAP with ledger and account cards or computer tapes, disksdiscs, printouts printouts, and records pertaining to the Collateral which contain information as may from time to time may be requested by FremontSafcor. Borrower shall also shall keep proper books of account showing all sales, claims and allowances on its Inventory.

Appears in 1 contract

Samples: Loan and Security Agreement (Global One Distribution & Merchandising Inc)

Accounting System. Borrower at all times shall maintain a standard and modern system of accounting in accordance with GAAP with ledger and account cards or computer tapes, disks, printouts and records pertaining to the Collateral which contain information as may from time to time be requested by FremontFinova. Borrower also shall keep proper books of account showing all sales, claims and allowances on its Inventory.

Appears in 1 contract

Samples: Loan and Security Agreement (Star Scientific Inc)

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