Common use of True Books Clause in Contracts

True Books. Keep true books of record and account in which full, true and correct entries will be made of all of its dealings and transactions in accordance with customary business practices, and set up on its books such reserves as may be required by Generally Accepted Accounting Principles with respect to doubtful accounts and all taxes, assessments, charges, levies and claims and with respect to its business in general, and include such reserves in interim as well as year-end financial statements.

Appears in 5 contracts

Samples: Credit Facilities and Reimbursement Agreement (Proffitts Inc), Credit Facilities and Reimbursement Agreement (Autonation Inc /Fl), Credit Facilities and Reimbursement Agreement (Republic Industries Inc)

AutoNDA by SimpleDocs

True Books. Keep true books of record and account in accordance with commercially reasonable business practices in which full, true and correct entries will be made of all of its dealings and transactions in accordance with customary business practicesall material respects, and set up on its books such reserves as may be required by Generally Accepted Accounting Principles with respect to doubtful accounts and all taxes, assessments, charges, levies and claims and with respect to its business in general, and include such reserves in interim quarterly as well as year-end financial statements.

Appears in 2 contracts

Samples: Contingent Purchase Agreement (Vitas Healthcare Corp), Loan and Reimbursement Agreement (Vitas Healthcare Corp)

True Books. Keep true books of record and account in which full, true and correct entries will be made of all of its dealings and transactions in accordance with customary business practicestransactions, and set up on its books such reserves as may be required by Generally Accepted Accounting Principles or other accounting principles applicable in the jurisdiction of a Borrower's or Subsidiary's organization or creation with respect to doubtful accounts and all taxes, assessments, charges, levies and claims and with respect to its business in general, and include such reserves in interim as well as year-end financial statements.

Appears in 1 contract

Samples: Credit and Reimbursement Agreement (Tech Data Corp)

True Books. Keep true books of record and account in which full, ---------- true and correct entries will be made of all of its dealings and transactions in accordance with customary business practicestransactions, and set up on its books such reserves as may be required by Generally Accepted Accounting Principles with respect to doubtful accounts and all taxes, assessments, charges, levies and claims and with respect to its business in general, and include such reserves in interim as well as year-end financial statements.

Appears in 1 contract

Samples: Credit and Reimbursement Agreement (Accustaff Inc)

True Books. Keep true books of record and account in which full, true ---------- and correct entries will be made of all of its dealings and transactions in accordance with customary business practicestransactions, and set up aside on its books such reserves as may be required by Generally Accepted Accounting Principles Principles, consistently applied, with respect to doubtful accounts and all taxes, assessments, charges, levies and claims referred to in Section 5.1 hereof, and with respect to its business in general, and include such reserves in interim as well as year-end financial statements.

Appears in 1 contract

Samples: Loan Agreement (Trimedia Entertainment Group Inc)

True Books. Keep true books of record and account in which full, true and correct entries will be made of all of its dealings and transactions in accordance with customary business practicestransactions, and set up on its books such reserves as may be required by Generally Accepted Accounting Principles or other accounting principles applicable in the jurisdiction of a Borrower or Subsidiaries organization or creation with respect to doubtful accounts and all taxes, assessments, charges, levies and claims and with respect to its business in general, and include such reserves in interim as well as year-end financial statements.

Appears in 1 contract

Samples: Credit and Reimbursement Agreement (Tech Data Corp)

AutoNDA by SimpleDocs

True Books. Keep true books of record and account in which full, true ---------- and correct entries will be made of all of its dealings and transactions in accordance with customary business practicestransactions, and set up on its books such reserves as may be required by Generally Accepted Accounting Principles with respect to doubtful accounts and all taxes, assessments, charges, levies and claims and with respect to its business in general, and include such reserves in interim as well as year-end financial statements.

Appears in 1 contract

Samples: Revolving Credit Agreement (Acsys Inc)

True Books. Keep true books of record and account in which full, true and correct entries will be are made of all of its dealings and transactions in accordance with customary business practices, and transactions; set up on its books such reserves as may be required by Generally Accepted Accounting Principles generally accepted accounting principles with respect to doubtful accounts and all taxes, assessments, charges, levies and claims claims, and with respect to its business in general, and include such reserves in interim as well as year-end financial statements; and to otherwise maintain its books of accounts in accordance with GAAP, consistently applied.

Appears in 1 contract

Samples: Loan Agreement (Unation, LLC)

True Books. Keep true books of record and account in which full, true and correct entries will be made of all of its dealings and transactions in accordance with customary business practicestransactions, and set up on its books such reserves as may be required by Generally Accepted Accounting Principles with respect to doubtful accounts and 98 105 all taxes, assessments, charges, levies and claims and with respect to its business in general, and include such reserves in interim as well as year-end financial statements.

Appears in 1 contract

Samples: Credit Agreement (American Greetings Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.