Common use of Internal Accounting Clause in Contracts

Internal Accounting. Subject to such exceptions, if any, as could not reasonably be expected to have a Material Adverse Effect, the Company maintains a system of internal accounting controls sufficient to provide reasonable assurances 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 GAAP 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. None of the Company, its Subsidiaries, or any employee or agent thereof, has made any payment of funds of the Company or its Subsidiaries, or received or retained any funds, and no funds of the Company or its Subsidiaries have been set aside to be used for any payment, in each case in violation of any law, rule or regulation.

Internal Accounting. Subject to such exceptions, if any, as could not reasonably be expected to have a Material Adverse Effect, the Company maintains a system of internal accounting controls sufficient to provide reasonable assurances 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 GAAP and to maintain accountability for assets, (iii) access to assets is permitted only in accordance with management’s '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. None of the Company, its the Subsidiaries, or any employee or agent thereof, has made any payment of funds of the Company or its the Subsidiaries, or received or retained any funds, and no funds of the Company or its the Subsidiaries have been set aside to be used for any payment, in each case in violation of any law, rule or regulation.

Internal Accounting. Subject to such exceptions, if any, as could not reasonably be expected to have a Material Adverse Effect, the Company maintains a system of internal accounting controls sufficient to provide reasonable assurances 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 GAAP and to maintain accountability for assets, (iii) access to assets is permitted only in accordance with management’s 's general or specific authorization, 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. None ; and, none of the Company, its the Subsidiaries, or any employee or agent thereof, has made any payment of funds of the Company or its the Subsidiaries, or received or retained any funds, and no funds of the Company or its the Subsidiaries have been set aside to be used for any payment, in each case in violation of any law, rule or regulation.