System of Accounting Sample Clauses

System of Accounting. The Corporation shall maintain, and cause each of its subsidiaries, when and if any shall exist, to maintain, its books of accounts, related records and system of accounting in accordance with good business practices and generally accepted accounting principles, and shall cause the matters contained therein to be appropriately and accurately reflected in the financial reports (which shall be prepared in accordance with generally accepted accounting principles) furnished pursuant to this Agreement.
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System of Accounting. The books of account and other financial and corporate records of the Corporation and its Subsidiaries shall be maintained in accordance with good business and accounting practices and the financial condition of the Corporation shall be accurately reflected in the financial statements referred to in this Section.
System of Accounting. The Corporation shall maintain a system of accounting established and administered in accordance with generally accepted accounting principles.
System of Accounting. The Borrower and the Subsidiaries will maintain a standard, modern system of accounting established and administered in accordance with GAAP consistently applied, in which full, true and correct entries shall be made of all dealings and transactions in relation to the Borrower's and the Subsidiaries' businesses and affairs, and will set aside on their books all such proper reserves as shall be required by GAAP.
System of Accounting. The Borrower shall maintain the percentage-of-completion accounting policies relative to change orders and work-in-progress as in effect on the Closing Date and shall in any event maintain a system of accounting established and administered in accordance with sound business practices to permit preparation of financial statements in conformity with GAAP (except as may be otherwise required pursuant to Section 1.4), and each of the financial statements described below shall be prepared from such system and records.
System of Accounting. Borrower shall maintain a system of accounting satisfactory to Lender and in substantial accordance with GAAP applied on a Consistent Basis. All books and records of Borrower shall be maintained at its Executive Office designated herein.
System of Accounting. The Company shall maintain a system of accounting established and administered in accordance with generally accepted accounting principles, and will set aside on its books and cause each of its subsidiaries, if any, to set aside on its books all such proper reserves as shall be required by generally accepted accounting principles.
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System of Accounting. The Borrower shall maintain a system of accounting established and administered in accordance with sound business practices to permit preparation of financial statements in conformity with GAAP (except as may be otherwise required pursuant to Section 1.4), and each of the financial statements described below shall be prepared from such system and records.
System of Accounting. The Corporation shall use -------------------- commercially reasonable efforts to maintain the books of account and other financial and corporate records of the Corporation and its subsidiaries in accordance with good business and accounting practices and to accurately reflect the financial condition of the Corporation in the financial statements referred to in Section 4.2.
System of Accounting. Bxxxxxxx agrees to maintain a system of accounting that enables Borrower to produce financial statements in accordance with GAAP, and to cooperate with Lender to allow Lender to consult with its independent certified public accountants if Lender reasonably requests the right to do so and that, in such connection, its independent certified public accountants are authorized to communicate with Lender and to release to Lender whatever financial information concerning Borrower that Lender reasonably may request and Borrower waives the right to assert a confidential relationship, if any, it may have with any accounting firm or service bureau in connection with any information requested by Lxxxxx pursuant to or in accordance with this Agreement, and agrees that Lender may contact directly any such accounting firm or service bureau in order to obtain such information.
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