Internal Accounting Controls. The Company and each of its Subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (I) transactions are executed in accordance with management's general or specific authorizations; (II) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles by a firm with membership to the PCAOB and to maintain asset accountability; (III) reasonable controls to safeguard assets are in place; and (IV) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.
Appears in 32 contracts
Samples: Investment Agreement (Phi Group Inc), Investment Agreement (Energie Holdings, Inc.), Registration Rights Agreement (VG Life Sciences, Inc.)
Internal Accounting Controls. The Company and each of its Subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (I) transactions are executed in accordance with management's general or specific authorizations; (II) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles by a firm with membership to the PCAOB and to maintain asset accountability; (III) reasonable controls access to safeguard assets are is permitted only in placeaccordance with management's general or specific authorization; and (IV) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.
Appears in 10 contracts
Samples: Investment Agreement (Fonefriend Inc), Investment Agreement (Payment Data Systems Inc), Investment Agreement (Force Protection Inc)
Internal Accounting Controls. The Company and each of its the Subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (Ii) transactions are executed in accordance with management's general or specific authorizations; , (IIii) transactions are recorded as necessary to permit preparation of financial statements in conformity with United States generally accepted accounting principles by a firm with membership to the PCAOB and to maintain asset accountability; , (IIIiii) reasonable controls access to safeguard assets are is permitted only in place; accordance with management's general or specific authorization and (IViv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.
Appears in 8 contracts
Samples: Securities Purchase Agreement (International Isotopes Inc), Securities Purchase Agreement (Endocare Inc), Securities Purchase Agreement (Alliance Pharmaceutical Corp)
Internal Accounting Controls. The Company and each of its Subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (I) transactions are executed in accordance with management's ’s general or specific authorizations; (II) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles by a firm with membership to the PCAOB and to maintain asset accountability; (III) reasonable controls to safeguard assets are in place; and (IV) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.
Appears in 8 contracts
Samples: Investment Agreement (Endonovo Therapeutics, Inc.), Investment Agreement (Phi Group Inc), Investment Agreement (Phi Group Inc)
Internal Accounting Controls. The Company and each of its Subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (I) transactions are executed in accordance with management's ’s general or specific authorizations; (II) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles by a firm with membership to the PCAOB and to maintain asset accountability; (III) reasonable controls access to safeguard assets are is permitted only in placeaccordance with management’s general or specific authorization; and (IV) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.
Appears in 5 contracts
Samples: Investment Agreement (Pgi Energy Fund I Series-2010,inc), Investment Agreement (Pgi Energy Fund I Series-2010,inc), Investment Agreement (Save the World Air Inc)
Internal Accounting Controls. The Company and each of its Subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (Ii) transactions are executed in accordance with management's ’s general or specific authorizations; (IIii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles by a firm with membership to the PCAOB and to maintain asset accountability; (IIIiii) reasonable controls access to safeguard assets are is permitted only in placeaccordance with management’s general or specific authorization; and (IViv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.
Appears in 4 contracts
Samples: Investment Agreement (Graystone Co), Investment Agreement (Graystone Co), Investment Agreement (Stevia Nutra Corp.)
Internal Accounting Controls. The Company and each of its the Subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (Ii) transactions are executed in accordance with management's general or specific authorizations; , (IIii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles by a firm with membership to the PCAOB consistently applied and to maintain asset accountability; , (IIIiii) reasonable controls access to safeguard assets are is permitted only in place; accordance with management's general or specific authorization, and (IViv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.
Appears in 3 contracts
Samples: Securities Purchase Agreement (Simtek Corp), Securities Purchase Agreement (Caminosoft Corp), Securities Purchase Agreement (Caminosoft Corp)
Internal Accounting Controls. The Company and each of its the Subsidiaries maintain a system of internal accounting controls which the audit committee of the board of directors reasonably believes is sufficient to provide reasonable assurance that that: (Ii) transactions are executed in accordance with management's general or specific authorizations; , (IIii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles by a firm with membership to the PCAOB and to maintain asset accountability; , (IIIiii) reasonable controls access to safeguard assets are is permitted only in place; accordance with management's general or specific authorization, and (IViv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.
Appears in 3 contracts
Samples: Securities Purchase Agreement (Peregrine Pharmaceuticals Inc), Securities Purchase Agreement (I Many Inc), Securities Purchase Agreement (Peregrine Pharmaceuticals Inc)
Internal Accounting Controls. The Company and each of its Subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (Ii) transactions are executed in accordance with management's general or specific authorizations; , (IIii) transactions are recorded as necessary to permit preparation of financial statements in conformity with United States generally accepted accounting principles by a firm with membership to the PCAOB and to maintain asset accountability; , (IIIiii) reasonable controls access to safeguard assets are is permitted only in place; accordance with management's general or specific authorizations and (IViv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Datalink Net Inc), Securities Purchase Agreement (Netcurrents Inc/)
Internal Accounting Controls. The Company and each of its Subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (Ii) transactions are executed in accordance with management's general or specific authorizations; (IIii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles by a firm with membership to the PCAOB and to maintain asset accountability; (IIIiii) reasonable controls access to safeguard assets are is permitted only in placeaccordance with management's general or specific authorization; and (IViv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.
Appears in 2 contracts
Samples: Investment Agreement (New America Energy Corp.), Investment Agreement (New America Energy Corp.)
Internal Accounting Controls. The Company and each of its Subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (I) transactions are executed in accordance with management's ’s general or specific authorizations; (II) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles international financial reporting standards by a firm with membership to the PCAOB and CPAB and to maintain asset accountability; (III) reasonable controls to safeguard assets are in place; and (IV) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.
Appears in 2 contracts
Samples: Investment Agreement (Natcore Technology Inc.), Investment Agreement (Natcore Technology Inc.)
Internal Accounting Controls. The Company and each is aware of no instance in which its Subsidiaries maintain a system of internal accounting controls is not sufficient to provide reasonable assurance that (Ii) transactions are executed in accordance with management's general or specific authorizations; , (IIii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles by a firm with membership to the PCAOB and to maintain asset accountability; , (IIIiii) reasonable controls access to safeguard assets are is permitted only in place; accordance with management's general or specific authorization and (IViv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.
Appears in 2 contracts
Samples: Common Stock Purchase Agreement (Pro Net Link Corp), Common Stock Purchase Agreement (Pro Net Link Corp)
Internal Accounting Controls. The Company and each of its Subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (I) transactions are executed in accordance with management's general or specific authorizations; (II) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles by a firm with membership to the PCAOB and to maintain asset accountability; (III) reasonable controls access to safeguard assets are is permitted only in placeaccordance with management's general or specific authorization; and (IV) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.. (R)
Appears in 2 contracts
Samples: 3 Investment Agreement (Newave Inc), Investment Agreement Investment Agreement (Hyperdynamics Corp)
Internal Accounting Controls. The Company and each of its Subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (I) transactions are executed in accordance with management's general or specific authorizations; (II) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles by a firm with membership to the PCAOB and to maintain asset accountability; (III) reasonable controls access to safeguard assets are is permitted only in placeaccordance with management's general or specific authorization; and (IV) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.. TRUE?
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Internal Accounting Controls. The Company and each of its Subsidiaries subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (Ii) transactions are executed in accordance with management's general or specific authorizations; , (IIii) transactions are recorded as necessary to permit preparation of financial statements in conformity inconformity with generally accepted accounting principles by a firm with membership to the PCAOB and to maintain asset accountability; , (IIIiii) reasonable controls access to safeguard assets are is permitted only in place; accordance with management's general or specific authorization and (IViv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.
Appears in 1 contract
Samples: Equity Financing Agreement (Pantera Petroleum Inc.)
Internal Accounting Controls. The Company and each of its Subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (I) transactions are executed in accordance with management's general or specific authorizations; (II) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles international financial reporting standards by a firm with membership to the PCAOB and CPAB and to maintain asset accountability; (III) reasonable controls to safeguard assets are in place; and (IV) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.
Appears in 1 contract
Internal Accounting Controls. The Company and each of its Subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (I) transactions are executed in accordance with management's ’s general or specific authorizations; (II) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles by a firm with membership to the PCAOB and to maintain asset accountability; (III) reasonable controls to safeguard assets are in place; and (IV) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences. Independent Bank Corporation.INVESTMENT.AGREEMENT.July.2010.
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Internal Accounting Controls. The Each of the Company and each of its the Subsidiaries maintain maintains a system of internal accounting controls sufficient to provide reasonable assurance that (Ii) transactions are executed in accordance with management's general or specific authorizations; (IIii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles by a firm with membership to the PCAOB and to maintain asset accountability; (IIIiii) reasonable controls access to safeguard assets are is permitted only in placeaccordance with management's general or specific authorization; and (IViv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.
Appears in 1 contract
Internal Accounting Controls. The Company and each of its Subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (I) transactions are executed in accordance with management's ’s general or specific specf1c authorizations; (II) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles by a firm with membership to the PCAOB and to maintain asset accountability; (III) reasonable controls access to safeguard assets are is permitted only in placeaccordance with management’s general or specific authorization; and (IV) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.
Appears in 1 contract
Internal Accounting Controls. The Company and each of its Subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (I) transactions are executed in accordance with management's general or specific authorizations; (II) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles by a firm with membership to and standards of the PCAOB and to maintain asset accountability; (III) reasonable controls to safeguard assets are in place; and (IV) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.
Appears in 1 contract
Internal Accounting Controls. The Company and each of its Subsidiaries maintain maintains a system of internal accounting controls sufficient sufficient, in the judgment of management, to provide reasonable assurance that (Ia) transactions are executed in accordance with management's general or specific authorizations; , (IIb) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles by a firm with membership to the PCAOB and to maintain asset accountability; , (IIIc) reasonable controls access to safeguard assets are is permitted only in place; accordance with management's general or specific authorization and (IVd) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.
Appears in 1 contract
Samples: Preferred Unit Subscription Agreement (Alkermes Inc)
Internal Accounting Controls. The Company and each any of its Subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (I) transactions are executed in accordance with management's general or specific authorizations; (II) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles by a firm with membership to the PCAOB and to maintain asset accountability; (III) reasonable controls access to safeguard assets are is permitted only in placeaccordance with management's general or specific authorization; and (IV) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Bonfire Productions, Inc.)
Internal Accounting Controls. The Company and each of its Subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (I) transactions are executed in accordance with management's general or specific authorizations; (II) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles by a firm with membership to the PCAOB and to maintain asset accountability; (III) reasonable controls access to safeguard assets are is permitted only in placeaccordance with management's general or specific authorization; and (IV) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.. INVESTMENT AGREEMENT Artfest International, Inc.
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Internal Accounting Controls. The Except as disclosed in the SEC Documents, the Company and each of its Subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (I) transactions are executed in accordance with management's general or specific authorizations; (II) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles by a firm with membership to the PCAOB and to maintain asset accountability; (III) reasonable controls to safeguard assets are in place; and (IV) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.
Appears in 1 contract
Internal Accounting Controls. The Company and each of its Subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (I) transactions are executed in accordance with management's general or ’s written specific authorizations; (II) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles by a firm with membership to the PCAOB and to maintain asset accountability; (III) reasonable controls access to safeguard assets are is permitted only in placeaccordance with management's general or specific authorization; and (IV) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.
Appears in 1 contract
Samples: Investment Agreement (Powerdyne International, Inc.)
Internal Accounting Controls. The Company for itself and on behalf of each of its Subsidiaries maintain Specified Subsidiary maintains a system of internal accounting controls sufficient to provide reasonable assurance that (Ii) transactions are executed in accordance with management's general or specific authorizations; (IIii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles by a firm with membership to the PCAOB and to maintain asset accountability; (IIIiii) reasonable controls access to safeguard assets are is permitted only in placeaccordance with management's general or specific authorization; and (IViv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.
Appears in 1 contract
Samples: Preferred Share Purchase Agreement (Apartment Investment & Management Co)
Internal Accounting Controls. The Company and each of its Subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable assurance that (I) transactions are executed in accordance with management's general or specific authorizations; (II) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles by a firm with membership to the PCAOB and to maintain asset accountability; (III) reasonable controls to safeguard assets are in place; and (IV) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences. Viper Resources, Inc.INVESTMENT.AGREEMENT.Janaury.2010.
Appears in 1 contract
Internal Accounting Controls. The Company and each of its Subsidiaries maintain maintains a system of internal accounting controls sufficient to provide reasonable assurance assurances that (IA) transactions are executed in accordance with management's general or specific authorizationsauthorization; (IIB) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles by a firm with membership to and the PCAOB rules of Bank Regulators, and to maintain asset accountabilityaccountability for assets; (IIIC) reasonable controls access to safeguard assets are records is permitted only in placeaccordance with management's general or specific authorization; and (IVD) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.
Appears in 1 contract