Common use of Accounting Methods and Financial Records Clause in Contracts

Accounting Methods and Financial Records. The Borrower will maintain, and cause each of its Subsidiaries to maintain, a system of accounting, and keep, and cause each of its Subsidiaries to keep, such books, records and accounts (which shall be true and complete in all material respects) as may be required or as may be necessary to permit the preparation of financial statements in accordance with GAAP or SAP, as applicable, and in compliance with the regulations of any Governmental Authority having jurisdiction over it or any of its properties.

Appears in 5 contracts

Samples: Credit Agreement (Markel Corp), Credit Agreement (Markel Corp), Credit Agreement (Markel Corp)

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Accounting Methods and Financial Records. The Borrower will maintainwill, and will cause each of its Subsidiaries to maintainto, maintain a system of accounting, and keep, and cause each of its Subsidiaries to keep, such keep proper books, records and accounts (which shall be true and complete in all material respects) as may be required or as may be necessary to permit the preparation of financial statements in accordance with GAAP or SAP, as applicable, and in compliance with the regulations of any Governmental Authority having jurisdiction over it or any of its properties.

Appears in 4 contracts

Samples: Credit Agreement (Quanex Building Products CORP), Credit Agreement (Quanex Building Products CORP), Credit Agreement (Quanex Building Products CORP)

Accounting Methods and Financial Records. The Borrower will maintainwill, and will cause each of its Subsidiaries to maintainto, maintain a system of accounting, and keep, and cause each of its Subsidiaries to keep, such keep proper books, records and accounts (which shall be true and complete in all material respects) as may be required or as may be necessary to permit the preparation of financial statements in accordance with GAAP or SAP, as applicable, and in compliance with the regulations of any Governmental Authority having jurisdiction over it or any of its properties.

Appears in 4 contracts

Samples: Credit Agreement (Hormel Foods Corp /De/), Term Loan Agreement (Hormel Foods Corp /De/), Credit Agreement

Accounting Methods and Financial Records. The Each Borrower will maintain, and will cause each of its Subsidiaries to maintain, a system of accountingaccounting established and administered in accordance with GAAP, and will keep, and will cause each of its Subsidiaries to keep, such books, adequate records and accounts (books of account in which shall complete entries will be true and complete in all material respects) as may be required or as may be necessary to permit the preparation of financial statements made in accordance with GAAP or SAP, as applicable, such accounting principles consistently applied and in compliance with the regulations of any Governmental Authority having jurisdiction over it or any of its propertiesreflecting all transactions required to be reflected by such accounting principles.

Appears in 4 contracts

Samples: Credit Agreement (Bull Run Corp), Credit Agreement (Bull Run Corp), Credit Agreement (Bull Run Corp)

Accounting Methods and Financial Records. The Borrower will maintain, and cause each of its Subsidiaries to maintain, maintain a system of accounting, and keep, and cause each of its Subsidiaries to keep, keep such books, records and accounts (which shall be true and complete in all material respects) as may be required or as may be necessary to permit the preparation of financial statements in accordance with GAAP or SAP, as applicable, and in compliance with the regulations of any Governmental Authority having jurisdiction over it or any of its properties.

Appears in 3 contracts

Samples: Credit Agreement (Darden Restaurants Inc), Credit Agreement (Darden Restaurants Inc), Credit Agreement (Darden Restaurants Inc)

Accounting Methods and Financial Records. The Borrower will maintain, maintain and will cause each of its the Borrower's Subsidiaries to maintain, maintain a system of accountingaccounting established and administered in accordance with GAAP, and keep, will keep and will cause each of its the Borrower's Subsidiaries to keep, such books, keep adequate records and accounts (books of account in which shall complete entries will be true and complete in all material respects) as may be required or as may be necessary to permit the preparation of financial statements made in accordance with GAAP or SAP, as applicable, such accounting principles consistently applied and in compliance with the regulations of any Governmental Authority having jurisdiction over it or any of its propertiesreflecting all transactions required to be reflected by such accounting principles.

Appears in 2 contracts

Samples: Credit Agreement (Zenith Electronics Corp), Credit Agreement (Zenith Electronics Corp)

Accounting Methods and Financial Records. The Borrower will maintain, and cause each of its Subsidiaries to maintain, a system of accounting, and keep, and cause each of its Subsidiaries to keep, such books, records and accounts (which shall be true and complete in all material respects) as may be required or as may be necessary to permit the preparation of financial statements in accordance with GAAP or SAP, as applicable, and in compliance with the regulations of any Governmental Authority having jurisdiction over it or any of its properties.

Appears in 2 contracts

Samples: Credit Agreement (Richfood Holdings Inc), Credit Agreement (Richfood Holdings Inc)

Accounting Methods and Financial Records. The Borrower will maintainMaintain, and cause each of its Subsidiaries to maintain, a system of accounting, and keep, and cause each of its Subsidiaries to keep, such books, records and accounts (which shall be true and complete in all material respects) as may be required or as may be necessary to permit the preparation of financial statements in accordance with GAAP or SAP, as applicable, and in compliance with the regulations of any Governmental Authority having jurisdiction over it or any of its properties.

Appears in 2 contracts

Samples: Credit Agreement (Markel Corp), Credit Agreement (Markel Corp)

Accounting Methods and Financial Records. The Borrower will maintain, and cause each of its Subsidiaries to maintain, shall maintain a system of accounting, and keep, and cause each of its Subsidiaries to keep, keep such books, records and accounts (which shall be true and complete in all material respects) as may be required or as may be necessary to permit the preparation of financial statements in accordance with GAAP or SAP, as applicable, and in compliance with the regulations of any Governmental Authority having jurisdiction over it or any of its properties.

Appears in 2 contracts

Samples: Loan and Security Agreement (Griffin Land & Nurseries Inc), Loan and Security Agreement (Griffin Land & Nurseries Inc)

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Accounting Methods and Financial Records. The Borrower will maintain, maintain and will cause each of its the Borrower’s Subsidiaries to maintain, maintain a system of accountingaccounting established and administered in accordance with GAAP, and keep, will keep and will cause each of its the Borrower’s Subsidiaries to keep, such books, keep adequate records and accounts (books of account in which shall complete entries will be true and complete in all material respects) as may be required or as may be necessary to permit the preparation of financial statements made in accordance with GAAP or SAP, as applicable, such accounting principles consistently applied and in compliance with the regulations of any Governmental Authority having jurisdiction over it or any of its propertiesreflecting all transactions required to be reflected by such accounting principles.

Appears in 1 contract

Samples: Credit Agreement (El Pollo Loco, Inc.)

Accounting Methods and Financial Records. The Borrower will maintainwill, and will cause each of its Subsidiaries to maintainto, maintain a system of accounting, and keep, and cause each of its Subsidiaries to keep, keep such books, records and accounts (which shall be true and complete in all material respects) complete), as may be required or as may be necessary to permit the preparation of financial statements in accordance with GAAP or SAP, as applicable, and in compliance with the regulations of any Governmental Authority having jurisdiction over it or any of its propertiesGAAP.

Appears in 1 contract

Samples: Loan and Security Agreement (Gni Group Inc /De/)

Accounting Methods and Financial Records. The Borrower will maintain, and will cause each of its Subsidiaries to maintain, a system of accounting, accounting established and keep, and cause each of its Subsidiaries to keep, such books, records and accounts (which shall be true and complete in all material respects) as may be required or as may be necessary to permit the preparation of financial statements administered in accordance with GAAP or SAP, as applicable, and in compliance with the regulations of any Governmental Authority having jurisdiction over it or any will keep and cause each of its propertiesSubsidiaries to keep adequate records and books of account in which complete entries will be made in accordance with such accounting principles and reflecting all transactions required to be reflected by such accounting principles.

Appears in 1 contract

Samples: Term Loan Credit Agreement (KEMPER Corp)

Accounting Methods and Financial Records. The Borrower will maintain, and will cause each of its Subsidiaries to maintain, maintain a system of accounting, and keep, and cause each of its Subsidiaries to keep, keep such books, records and accounts (which shall be true and complete in all material respects) as may be required or as may be necessary to permit the preparation of financial statements in accordance with GAAP or SAP, as applicable, and in compliance with the regulations of any Governmental Authority having jurisdiction over it or any of its properties.

Appears in 1 contract

Samples: Credit Agreement (Kinder Morgan Bulk Terminals Inc)

Accounting Methods and Financial Records. The Borrower will ---------------------------------------- maintain, and cause each of its Subsidiaries (other than Crown) to maintain, a system of accounting, and keep, and cause each of its Subsidiaries (other than Crown) to keep, such books, records and accounts (which shall be true and complete in all material respects) as may be required or as may be necessary to permit the preparation of financial statements in accordance with GAAP or SAP, as applicable, and in compliance with the regulations of any Governmental Authority having jurisdiction over it or any of its properties.

Appears in 1 contract

Samples: Credit Agreement (Richfood Holdings Inc)

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