Common use of Records and Accounts Clause in Contracts

Records and Accounts. The Borrower will (a) keep, and cause each of its Subsidiaries to keep, true and accurate records and books of account in which full, true and correct entries will be made in accordance with GAAP, (b) maintain adequate accounts and reserves for all taxes (including income taxes), depreciation, depletion, obsolescence and amortization of its properties and the properties of its Subsidiaries, contingencies, and other reserves, and (c) at all times engage PricewaterhouseCoopers or other independent certified public accountants satisfactory to the Administrative Agent as the independent certified public accountants of the Parent and its Subsidiaries and will not permit more than thirty (30) days to elapse between the cessation of such firm’s (or any successor firm’s) engagement as the independent certified public accountants of the Parent and its Subsidiaries and the appointment in such capacity of a successor firm as shall be satisfactory to the Administrative Agent.

Appears in 4 contracts

Samples: Reimbursement and Pledge Agreement (Montpelier Re Holdings LTD), Assignment and Assumption (Montpelier Re Holdings LTD), Reimbursement and Pledge Agreement (Montpelier Re Holdings LTD)

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Records and Accounts. (a) The Borrower will (ai) keep, and cause each of its Subsidiaries to keep, true and accurate records and books of account in which full, true and correct entries will be made in accordance with GAAP, (bii) maintain adequate accounts and reserves for all taxes (including income taxes), depreciation, depletion, obsolescence and amortization of its properties and the properties of its Subsidiaries, contingencies, and other reserves, and (ciii) at all times engage PricewaterhouseCoopers KPMG Peat Marwick or other independent certified public accountants satisfactory to the Administrative Agent as the independent certified public accountants of the Parent Borrower and its Subsidiaries and will not permit more than thirty (30) days to elapse between the cessation of such firm’s (or any successor firm’s) engagement as the independent certified public accountants of the Parent Borrower and its Subsidiaries and the appointment in such capacity of a successor firm as shall be reasonably satisfactory to the Administrative Agent.

Appears in 4 contracts

Samples: Assignment and Assumption (CAI International, Inc.), Assignment and Assumption (CAI International, Inc.), Assignment and Assumption (CAI International, Inc.)

Records and Accounts. The Each Borrower will (a) keep, and cause each of its Subsidiaries to keep, true and accurate records and books of account in which full, true and correct entries will be made in accordance with GAAP, (b) maintain adequate accounts and reserves for all taxes (including income taxes), depreciation, depletion, obsolescence and amortization of its properties and the properties of its Subsidiaries, contingencies, and other reserves, and (c) at all times engage PricewaterhouseCoopers or other independent certified public accountants satisfactory to the Administrative Agent as the independent certified public accountants of the Parent and its Subsidiaries and will not permit more than thirty (30) days to elapse between the cessation of such firm’s (or any successor firm’s) engagement as the independent certified public accountants of the Parent and its Subsidiaries and the appointment in such capacity of a successor firm as shall be satisfactory to the Administrative Agent.

Appears in 3 contracts

Samples: Credit Agreement (Montpelier Re Holdings LTD), Control Agreement (Montpelier Re Holdings LTD), Reimbursement and Pledge Agreement (Montpelier Re Holdings LTD)

Records and Accounts. The Borrower will (a) keep, and cause each of its Subsidiaries to keep, true and accurate records and books of account in which full, true and correct entries will be made in accordance with GAAP, (b) maintain adequate accounts and reserves for all taxes (including income taxes), depreciation, depletion, obsolescence and amortization of its properties and the properties of its Subsidiaries, contingencies, and other reserves, and (c) at all times engage PricewaterhouseCoopers Ernst & Young LLP or other independent certified public accountants reasonably satisfactory to the Administrative Agent as the independent certified public accountants of the Parent Borrower and its Subsidiaries and will not permit more than thirty (30) days to elapse between the cessation of such firm’s (or any successor firm’s) engagement as the independent certified public accountants of the Parent Borrower and its Subsidiaries and the appointment in such capacity of a successor firm as shall be satisfactory to the Administrative Agent.

Appears in 3 contracts

Samples: Revolving Credit and Term Loan Agreement (Emmis Communications Corp), Revolving Credit and Term Loan Agreement (Emmis Communications Corp), Revolving Credit and Term Loan Agreement (Emmis Operating Co)

Records and Accounts. The Borrower (a) CAI will (ai) keep, and cause each of its Subsidiaries (including the Borrower) to keep, true and accurate records and books of account in which full, true and correct entries will be made in accordance with GAAP, (bii) maintain adequate accounts and reserves for all taxes (including income taxes), depreciation, depletion, obsolescence and amortization of its properties and the properties of its Subsidiaries, contingencies, and other reserves, and (ciii) at all times engage PricewaterhouseCoopers KPMG LLP or other independent certified public accountants satisfactory to the Administrative Agent as the independent certified public accountants of the Parent CAI and its Subsidiaries and will not permit more than thirty (30) days to elapse between the cessation of such firm’s (or any successor firm’s) engagement as the independent certified public accountants of the Parent CAI and its Subsidiaries and the appointment in such capacity of a successor firm as shall be reasonably satisfactory to the Administrative Agent.

Appears in 3 contracts

Samples: Revolving Credit Agreement (CAI International, Inc.), Revolving Credit Agreement (CAI International, Inc.), Revolving Credit Agreement (CAI International, Inc.)

Records and Accounts. The Borrower Each of the Borrowers will (a) keep, and cause each of its Subsidiaries to keep, true and accurate records and books of account in which full, true and correct entries will be made in accordance with GAAP, (b) maintain adequate accounts and reserves for all taxes (including income taxes), depreciation, depletion, obsolescence and amortization of its properties and the properties of its Subsidiaries, contingencies, and other reserves, and (c) at all times engage PricewaterhouseCoopers Ernst & Young LLP or other independent certified public accountants satisfactory to the Administrative Agent as the independent certified public accountants of the Parent Borrowers and its their Subsidiaries and will not permit more than thirty (30) days to elapse between the cessation of such firm’s (or any successor firm’s) engagement as the independent certified public accountants of the Parent Borrowers and its their Subsidiaries and the appointment in such capacity of a successor firm as shall be satisfactory to the Administrative Agent.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Borders Group Inc), Term Loan Agreement (Borders Group Inc)

Records and Accounts. The Borrower will (ai) keep, and cause each of its Subsidiaries to keep, true and accurate records and books of account in which full, true and correct entries will be made in accordance with GAAPgenerally accepted accounting principles, (bii) maintain adequate accounts and reserves for all taxes (including income taxes), depreciation, depletion, obsolescence and amortization of its properties and the properties of its Subsidiaries, contingencies, and other reserves, and (ciii) at all times engage PricewaterhouseCoopers BDO Xxxxxxx, LLP or other independent certified public accountants satisfactory to the Administrative Agent as the independent certified public accountants of the Parent Borrower and its Subsidiaries and will not permit more than thirty (30) days to elapse between the cessation of such firm’s 's (or any successor firm’s's) engagement as the independent certified public accountants of the Parent Borrower and its Subsidiaries and the appointment in such capacity of a successor firm as shall be satisfactory to the Administrative Agent.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Silverleaf Resorts Inc), Inventory and Receivables Revolving Credit Agreement (Silverleaf Resorts Inc)

Records and Accounts. The Borrower Borrowers will (a) keep, and cause each of its Subsidiaries to keep, true and accurate records and books of account in which full, true and correct entries will be made in accordance with GAAPgenerally accepted accounting principles, (b) maintain adequate accounts and reserves for all taxes (including income taxes), depreciation, depletion, obsolescence and amortization of its properties and the properties of its Subsidiaries, contingencies, and other reserves, and (c) at all times engage PricewaterhouseCoopers LLP or other independent certified public accountants reasonably satisfactory to the Administrative Agent as the independent certified public accountants of the Parent Company and its Subsidiaries and will not permit more than thirty (30) days to elapse between the cessation of such firm’s 's (or any successor firm’s's) engagement as the independent certified public accountants of the Parent Company and its Subsidiaries and the appointment in such capacity of a successor firm as shall be reasonably satisfactory to the Administrative Agent.

Appears in 2 contracts

Samples: Loan Agreement (Holmes Group Inc), And Term Loan Agreement (Holmes Products Corp)

Records and Accounts. The Borrower will (ai) keep, and cause each of -------------------- its Subsidiaries to keep, true and accurate records and books of account in which full, true and correct entries will be made in accordance with GAAPgenerally accepted accounting principles, (bii) maintain adequate accounts and reserves for all taxes (including income taxes), depreciation, depletion, obsolescence and amortization of its properties and the properties of its Subsidiaries, contingencies, and other reserves, and (ciii) at all times engage PricewaterhouseCoopers Coopers & Xxxxxxx LLP or other independent certified public accountants satisfactory to the Administrative Agent as the independent certified public accountants of the Parent Borrower and its Subsidiaries and will not permit more than thirty (30) days to elapse between the cessation of such firm’s 's (or any successor firm’s's) engagement as the independent certified public accountants of the Parent Borrower and its Subsidiaries and the appointment in such capacity of a successor firm as shall be satisfactory to the Administrative Agent.

Appears in 2 contracts

Samples: Revolving Credit and Term Loan Agreement (Mapics Inc), Revolving Credit (Mapics Inc)

Records and Accounts. The Borrower will (a) keep, and cause each of its Subsidiaries to keep, true and accurate keep proper records and books of account in which full, true and correct entries in all materials respects will be made in accordance with GAAP, (b) maintain adequate accounts and reserves for all taxes (including income taxes), depreciation, depletion, obsolescence and amortization of its properties and the properties of its Subsidiaries, contingencies, and other reserves, and (c) at all times engage PricewaterhouseCoopers Ernst & Young, LLP or other independent certified public accountants reasonably satisfactory to the Administrative Agent as the independent certified public accountants of the Parent Borrower and its Subsidiaries and will not permit more than thirty (30) days to elapse between the cessation of such firm’s (or any successor firm’s) engagement as the independent certified public accountants of the Parent Borrower and its Subsidiaries and the appointment in such capacity of a successor firm as shall be satisfactory to the Administrative AgentAgent and each Lender.

Appears in 2 contracts

Samples: Revolving Credit Agreement (SeaCube Container Leasing Ltd.), Revolving Credit Agreement (Seacastle Inc.)

Records and Accounts. The Borrower will (ai) keep, and cause each of its Subsidiaries to keep, true and accurate records and books of account in which full, true and correct entries will be made in accordance with GAAPgenerally accepted accounting principles, (bii) maintain adequate accounts and reserves for all taxes (including income taxes), depreciation, depletion, obsolescence and amortization of its properties and the properties of its Subsidiaries, contingencies, and other reserves, and (ciii) at all times engage PricewaterhouseCoopers Ernst & Young LLP or other independent certified public accountants satisfactory to the Administrative Agent as the independent certified public accountants of the Parent Borrower and its Subsidiaries (on a consolidated basis) and will not permit more than thirty (30) days to elapse between the cessation of such firm’s 's (or any successor firm’s's) engagement as the independent certified public accountants of the Parent Borrower and its Subsidiaries and the appointment in such capacity of a successor firm as shall be satisfactory to the Administrative Agent.

Appears in 2 contracts

Samples: Multicurrency Revolving Credit Agreement (Rogers Corp), Multicurrency Revolving Credit Agreement (Rogers Corp)

Records and Accounts. The Borrower Each of the Borrowers will (a) keep, and cause each of its Subsidiaries to keep, true and accurate records and books of account in which full, true and correct entries will be made in accordance with GAAP, (b) maintain adequate accounts and reserves for all taxes (including income taxes), depreciation, depletion, obsolescence and amortization of its properties and the properties of its Subsidiaries, contingencies, and other reserves, and (c) at all times engage PricewaterhouseCoopers Ernst & Young LLP or other independent certified public accountants satisfactory to the Administrative Agent as the independent certified public accountants of the Parent Borrowers and its their Subsidiaries and will not permit more than thirty (30) days to elapse between the cessation of such firm’s 's (or any successor firm’s's) engagement as the independent certified public accountants of the Parent Borrowers and its their Subsidiaries and the appointment in such capacity of a successor firm as shall be satisfactory to the Administrative Agent.

Appears in 2 contracts

Samples: Multicurrency Revolving Credit Agreement (Borders Group Inc), Multicurrency Revolving Credit Agreement (Borders Group Inc)

Records and Accounts. The Borrower will (a) keep, and cause each of its Subsidiaries to keep, true and accurate records and books of account in which full, true and correct entries will be made in accordance with GAAPgenerally accepted accounting principles, (b) maintain adequate accounts and reserves for all taxes (including income taxes), depreciation, depletion, obsolescence and amortization of its properties and the properties of its Subsidiaries, contingencies, and other reserves, and (c) at all times engage PricewaterhouseCoopers LLP or other independent certified public accountants reasonably satisfactory to the Administrative Agent as the independent certified public accountants of the Parent Borrower and its Subsidiaries and will not permit more than thirty (30) days to elapse between the cessation of such firm’s 's (or any successor firm’s's) engagement as the independent certified public accountants of the Parent Borrower and its Subsidiaries and the appointment in such capacity of a successor firm as shall be satisfactory to the Administrative Agent.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Aztec Technology Partners Inc /De/), Revolving Credit Agreement (Ionics Inc)

Records and Accounts. The Borrower Each of the Borrowers will (a) keep, and cause each of its Subsidiaries to keep, true and accurate records and books of account in which fullcomplete, true and correct entries will be made in accordance with GAAP, (b) maintain adequate accounts and reserves for all taxes (including income taxes), depreciation, depletion, obsolescence and amortization of its properties and the properties of its Subsidiaries, contingencies, and other reserves, and (c) at all times engage PricewaterhouseCoopers or other independent certified public accountants reasonably satisfactory to the Administrative Agent Required Lenders as the independent certified public accountants of the Parent Borrowers and its their Subsidiaries and will not permit more than thirty (30) days to elapse between the cessation of such firm’s (or any successor firm’s) engagement as the independent certified public accountants of the Parent Borrowers and its their Subsidiaries and the appointment in such capacity of a successor firm as shall be reasonably satisfactory to the Administrative Agent.

Appears in 2 contracts

Samples: Revolving Credit Agreement (McCormick & Schmick Holdings, L.L.C.), Revolving Credit Agreement (McCormick & Schmicks Seafood Restaurants Inc.)

Records and Accounts. The Borrower will (a) keep, and cause each of its Subsidiaries to keep, true and accurate records and books of account in which full, true and correct entries will be made in accordance with GAAP, (b) maintain adequate accounts and reserves for all taxes (including income taxes), depreciation, depletion, obsolescence and amortization of its properties and the properties of its Subsidiaries, contingencies, and other reserves, and (c) at all times engage PricewaterhouseCoopers Ernst & Young LLP or other independent certified public accountants satisfactory to the Administrative Agent as the independent certified public accountants of the Parent Borrower and its Subsidiaries and will not permit more than thirty (30) days to elapse between the cessation of such firm’s (or any successor firm’s) engagement as the independent certified public accountants of the Parent Borrower and its Subsidiaries and the appointment in such capacity of a successor firm as shall be satisfactory to the Administrative Agent.

Appears in 2 contracts

Samples: Senior Secured Credit Agreement (Pershing Square Capital Management, L.P.), Senior Secured Credit Agreement (Borders Group Inc)

Records and Accounts. The Borrower will (a) keep, and cause each of its Subsidiaries to keep, true and accurate records and books of account in which full, true and correct entries will be made in accordance with GAAPgenerally accepted accounting principles, (b) maintain adequate accounts and reserves for all taxes (including income taxes), depreciation, depletion, obsolescence and amortization of its properties and the properties of its Subsidiaries, contingencies, and other reserves, and (c) at all times engage PricewaterhouseCoopers Xxxxxx Xxxxxxxx LLP or other independent certified public accountants satisfactory to the Administrative Agent as the independent certified public accountants of the Parent Borrower and its Subsidiaries and will not permit more than thirty (30) days to elapse between the cessation of such firm’s 's (or any successor firm’s's) engagement as the independent certified public accountants of the Parent Borrower and its Subsidiaries and the appointment in such capacity of a successor firm as shall be satisfactory to the Administrative Agent.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Anacomp Inc), Revolving Credit Agreement (Anacomp Inc)

Records and Accounts. The Borrower will (a) keep, and cause each of its Subsidiaries to keep, true and accurate keep proper records and books of account in which full, true and correct entries in all materials respects will be made in accordance with GAAP, (b) maintain adequate accounts and reserves for all taxes (including income taxes), depreciation, depletion, obsolescence and amortization of its properties and the properties of its Subsidiaries, contingencies, and other reserves, and (c) at all times engage PricewaterhouseCoopers Ernst & Young, LLP or other independent certified public accountants reasonably satisfactory to the Administrative Agent as the independent certified public accountants of the Parent Borrower and its Subsidiaries and will not permit more than thirty (30) days to elapse between the cessation of such firm’s (or any successor firm’s) engagement as the independent certified public accountants of the Parent Borrower and its Subsidiaries and the appointment in such capacity of a successor firm as shall be satisfactory to the Administrative AgentAgent and each Lender.

Appears in 2 contracts

Samples: Revolving Credit Agreement (SeaCube Container Leasing Ltd.), Revolving Credit Agreement (SeaCube Container Leasing Ltd.)

Records and Accounts. The Borrower will (ai) keep, and cause each of its Subsidiaries to keep, true and accurate records and books of account in which full, true and correct entries will be made in accordance with GAAPgenerally accepted accounting principles, (bii) maintain adequate accounts and reserves for all taxes (including income taxes), depreciation, depletion, obsolescence and amortization of its properties and the properties of its Subsidiaries, contingencies, and other reserves, and (ciii) at all times engage PricewaterhouseCoopers Ernst & Young LLP or other independent certified public accountants satisfactory to the Administrative Agent as the independent certified public accountants of the Parent Borrower and its Subsidiaries and will not permit more than thirty (30) days to elapse between the cessation of such firm’s 's (or any successor firm’s's) engagement as the independent certified public accountants of the Parent Borrower and its Subsidiaries and the appointment in such capacity of a successor firm as shall be satisfactory to the Administrative Agent.

Appears in 1 contract

Samples: Revolving Credit Agreement (Hvide Marine Inc)

Records and Accounts. The Borrower will (ai) keep, and cause each of its Subsidiaries to keep, true and accurate records and books of account in which full, true and correct entries will be made in accordance with GAAPgenerally accepted accounting principles, (bii) maintain adequate accounts and reserves for all taxes (including income taxes), depreciation, depletion, obsolescence and amortization of its properties and the properties of its Subsidiaries, contingencies, and other reserves, and (ciii) at all times engage PricewaterhouseCoopers Ernst & Young LLP or other independent certified public accountants satisfactory to the Administrative Agent Agents as the independent certified public accountants of the Parent Borrower and its Subsidiaries and will not permit more than thirty (30) days to elapse between the cessation of such firm’s 's (or any successor firm’s's) engagement as the independent certified public accountants of the Parent Borrower and its Subsidiaries and the appointment in such capacity of a successor firm as shall be satisfactory to the Administrative AgentAgents.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Hvide Marine Inc)

Records and Accounts. The Borrower will (ai) keep, and cause each of its Subsidiaries to keep, true and accurate records and books of account in which full, true and correct entries will be made in accordance with GAAPgenerally accepted accounting principles, (bii) maintain adequate accounts and reserves for all taxes (including income taxes), depreciation, depletion, obsolescence and amortization of its properties and the properties of its Subsidiaries, contingencies, and other reserves, and (ciii) at all times engage PricewaterhouseCoopers Ernst & Young LLP or other independent certified public accountants satisfactory to the Administrative Agent as the independent certified public accountants of the Parent Borrower and its Subsidiaries and will not permit more than thirty (30) days to elapse between the cessation of such firm’s 's (or any successor firm’s's) engagement as the independent certified public accountants of the Parent Borrower and its Subsidiaries and the appointment in such capacity of a successor firm as shall be satisfactory to the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Connectivity Technologies Inc)

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Records and Accounts. The Borrower will (a) keep, and cause each of its Subsidiaries to keep, true and accurate records and books of account in which full, true and correct entries will be made in accordance with GAAP, (b) maintain adequate accounts and reserves for all taxes (including income taxes), depreciation, depletion, obsolescence and amortization of its properties and the properties of its Subsidiaries, contingencies, and other reserves, and (c) at all times engage PricewaterhouseCoopers Xxxxxx Xxxxxxxx LLP or other independent certified public accountants satisfactory to the Administrative Agent as the independent certified public accountants of the Parent Borrower and its Subsidiaries and will not permit more than thirty (30) days to elapse between the cessation of such firm’s 's (or any successor firm’s's) engagement as the independent certified public accountants of the Parent Borrower and its Subsidiaries and the appointment in such capacity of a successor firm as shall be satisfactory to the Administrative Agent.

Appears in 1 contract

Samples: Revolving Credit Agreement (Peregrine Systems Inc)

Records and Accounts. The Borrower Each of the Loan Parties will (a) keep, and cause each of its Subsidiaries to keep, true and accurate records and books of account in which full, true and correct entries will be made in accordance with GAAP, (b) maintain adequate accounts and reserves for all taxes (including income taxes), depreciation, depletion, obsolescence and amortization of its properties and the properties of its Subsidiaries, contingencies, and other reserves, and (c) at all times engage PricewaterhouseCoopers or other independent certified public accountants reasonably satisfactory to the Administrative Agent as the independent certified public accountants of the Parent Borrowers and its their Subsidiaries and will not permit more than thirty (30) days to elapse between the cessation of such firm’s (or any successor firm’s) engagement as the independent certified public accountants of the Parent Borrowers and its their Subsidiaries and the appointment in such capacity of a successor firm as shall be satisfactory to the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Crystal Rock Holdings, Inc.)

Records and Accounts. The Borrower will (a) keep, and cause each of its Subsidiaries to keep, true and accurate records and books of account in which full, true and correct entries will be made in accordance with GAAP, (b) maintain adequate accounts and reserves for all taxes (including income taxes), depreciation, depletion, obsolescence and amortization of its properties and the properties of its Subsidiaries, contingencies, and other reserves, and (c) at all times engage PricewaterhouseCoopers Xxxxxx Xxxxxxxx LLP or other independent certified public accountants satisfactory to the Administrative Agent as the independent certified public accountants of the Parent Borrower and its Subsidiaries and will not permit more than thirty (30) days to elapse between the cessation of such firm’s 's (or any successor firm’s's) engagement as the independent certified public accountants of the Parent Borrower and its Subsidiaries and the appointment in such capacity of a successor firm as shall be satisfactory to the Administrative Agent.

Appears in 1 contract

Samples: Revolving Credit Agreement (Friendly Ice Cream Corp)

Records and Accounts. The Borrower will (a) keep, and cause each of its Subsidiaries to keep, true and accurate records and books of account in which full, true and correct entries will be made in accordance with GAAP, (b) maintain adequate accounts and reserves for all taxes (including income taxes), depreciation, depletion, obsolescence and amortization of its properties and the properties of its Subsidiaries, contingencies, and other reserves, and (c) at all times engage PricewaterhouseCoopers LLP or other independent certified public accountants reasonably satisfactory to the Administrative Agent as the independent certified public accountants of the Parent Borrower and its Subsidiaries and will not permit more than thirty (30) days to elapse between the cessation of such firm’s 's (or any successor firm’s's) engagement as the independent certified public accountants of the Parent Borrower and its Subsidiaries and the appointment in such capacity of a successor firm as shall be reasonably satisfactory to the Administrative Agent.

Appears in 1 contract

Samples: Revolving Credit Agreement (Lifeline Systems Inc)

Records and Accounts. The Borrower will (a) keep, and cause each of its Subsidiaries to keep, true and accurate records and books of account in which full, true and correct entries will be made in accordance with GAAP, (b) maintain adequate accounts and reserves for all taxes (including income taxes), depreciation, depletion, obsolescence and amortization of its properties and the properties of its Subsidiaries, contingencies, and other reserves, and (c) at all times engage PricewaterhouseCoopers or other independent certified public accountants satisfactory to the Administrative Agent as the independent certified public accountants of the Parent Borrower and its Subsidiaries and will not permit more than thirty (30) days to elapse between the cessation of such firm’s 's (or any successor firm’s's) engagement as the independent certified public accountants of the Parent Borrower and its Subsidiaries and the appointment in such capacity of a successor firm as shall be satisfactory to the Administrative Agent.

Appears in 1 contract

Samples: Credit Reimbursement and Pledge Agreement (Montpelier Re Holdings LTD)

Records and Accounts. The Borrower Each of the Obligors will (a) keep, and cause each of its Subsidiaries to keep, true and accurate records and books of account in which full, true and correct entries will be made in accordance with GAAPgenerally accepted accounting principles, (b) maintain adequate accounts and reserves for all taxes (including income taxes), depreciation, depletion, obsolescence and amortization of its properties and the properties of its Subsidiaries, contingencies, and other reserves, and (c) at all times engage PricewaterhouseCoopers Ernst & Young or other independent certified public accountants satisfactory to the Administrative Agent as the independent certified public accountants of the Parent Obligors and its their Subsidiaries and will not permit more than thirty (30) days to elapse between the cessation of such firm’s 's (or any successor firm’s's) engagement as the independent certified public accountants of the Parent Obligors and its their Subsidiaries and the appointment in such capacity of a successor firm as shall be satisfactory to the Administrative Agent.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Morgan Group Inc)

Records and Accounts. The Borrower Company covenants that it will (a) keep, and cause each of its Subsidiaries to keep, true and accurate records and books of account in which full, true and correct entries will be made in accordance with GAAPgenerally accepted accounting principles, (b) maintain adequate accounts and reserves for all taxes (including income taxes), depreciation, depletion, obsolescence and amortization of its properties and the properties of its Subsidiaries, contingencies, and other reserves, and (c) at all times engage PricewaterhouseCoopers LLP or other independent certified public accountants satisfactory to the Administrative Agent as the independent certified public accountants of the Parent Company and its Subsidiaries and will not permit more than thirty (30) days to elapse between the cessation of such firm’s 's (or any successor firm’s's) engagement as the independent certified public accountants of the Parent Company and its Subsidiaries and the appointment in such capacity of a successor firm as shall be reasonably satisfactory to the Administrative Agent.

Appears in 1 contract

Samples: Security Agreement (Genrad Inc)

Records and Accounts. The Borrower Each of the Borrowers will (a) keep, and cause each of its their Subsidiaries to keep, true and accurate records and books of account in which full, true and correct entries will be made in accordance with GAAP, (b) maintain adequate accounts and reserves for all taxes (including income taxes), depreciation, depletion, obsolescence and amortization of its properties and the properties of its Subsidiaries, contingencies, and other reserves, and (c) at all times engage PricewaterhouseCoopers KPMG LLP or other independent certified public accountants reasonably satisfactory to the Administrative Agent as the independent certified public accountants of the Parent Borrowers and its their Subsidiaries and will not permit more than thirty (30) days to elapse between the cessation of such firm’s 's (or any successor firm’s's) engagement as the independent certified public accountants of the Parent Borrowers and its their Subsidiaries and the appointment in such capacity of a successor firm as shall be reasonably satisfactory to the Administrative Agent.

Appears in 1 contract

Samples: Credit and Term Loan Agreement (Furrs Restaurant Group Inc)

Records and Accounts. The Borrower will (a) keep, and cause each of its Subsidiaries to keep, true and accurate records and books of account in which full, true and correct entries will be made in accordance with GAAP, generally accepted accounting principles; (b) maintain adequate accounts and reserves for all taxes (including income taxes), depreciation, depletion, obsolescence and amortization of its properties and the properties of its Subsidiaries, contingencies, and other reserves, ; and (c) at all times engage PricewaterhouseCoopers Xxxxxx Xxxxxxxx LLP or other independent certified public accountants satisfactory to the Administrative Agent as the independent certified public accountants of the Parent Borrower and its Subsidiaries and will not permit more than thirty (30) days to elapse between the cessation of such firm’s 's (or any successor firm’s's) engagement as the independent certified public accountants of the Parent Borrower and its Subsidiaries and the appointment in such capacity of a successor firm as shall be satisfactory to the Administrative Agent.

Appears in 1 contract

Samples: Revolving Credit Agreement (Appnet Systems Inc)

Records and Accounts. The Borrower Borrowers will (a) keep, and cause each of its their Subsidiaries to keep, true and accurate records and books of account in which full, true and correct entries will be made in accordance with GAAP, (b) maintain adequate accounts and reserves for all taxes (including income taxes), depreciation, depletion, obsolescence and amortization of its properties and the properties of its Subsidiaries, contingencies, and other reserves, and (c) at all times engage PricewaterhouseCoopers Deloitte & Touche LLP or other independent certified public accountants satisfactory to the Administrative Agent as the independent certified public accountants of the Parent Borrowers and its their Subsidiaries and will not permit more than thirty (30) days to elapse between the cessation of such firm’s 's (or any successor firm’s's) engagement as the independent certified public accountants of the Parent Borrowers and its their Subsidiaries and the appointment in such capacity of a successor firm as shall be satisfactory to the Administrative Agent.

Appears in 1 contract

Samples: Mayors Jewelers Inc/De

Records and Accounts. The Borrower will (ai) keep, and cause each of its Subsidiaries to keep, true and accurate records and books of account in which full, true and correct entries will be made in accordance with GAAP, (bii) maintain adequate accounts and reserves for all taxes (including income taxes), depreciation, depletion, obsolescence and amortization of its properties and the properties of its Subsidiaries, contingencies, and all other proper reserves, and (ciii) at all times engage PricewaterhouseCoopers Coopers & Lybrand or other independent certified public accountants accountxxxx xx nationally recognized standing reasonably satisfactory to the Administrative Agent as the independent certified public accountants of the Parent Borrower and its Subsidiaries and will not permit more than thirty (30) days to elapse between the cessation of such firm’s 's (or any successor firm’s's) engagement as the independent certified public accountants of the Parent Borrower and its Subsidiaries and the appointment in such capacity of a successor firm as shall be satisfactory to the Administrative Agent.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Bangor Hydro Electric Co)

Records and Accounts. The Borrower Parent will (a) keep, and cause each of its Subsidiaries to keep, true and accurate records and books of account in which full, true and correct entries will be made in accordance with GAAP, (b) maintain adequate accounts and reserves for all taxes (including income taxes), depreciation, depletion, obsolescence and amortization of its properties and the properties of its Subsidiaries, contingencies, and other reserves, and (c) at all times engage PricewaterhouseCoopers KPMG Peat Marwick or other independent certified public accountants reasonably satisfactory to the Administrative Agent as the independent certified public accountants of the Parent and its Subsidiaries and will not permit more than thirty (30) days to elapse between the cessation of such firm’s 's (or any successor firm’s's) engagement as the independent certified public accountants of the Parent and its Subsidiaries and the appointment in such capacity of a successor firm as shall be satisfactory to the Administrative Agent.

Appears in 1 contract

Samples: Revolving Credit Agreement (Watts Industries Inc)

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