Common use of Accounting Methods and Financial Records Clause in Contracts

Accounting Methods and Financial Records. The Borrower shall, and shall cause each of its Subsidiaries to, maintain a system of accounting established and administered in accordance with GAAP, keep adequate records and books of account in which complete entries will be made and all transactions reflected in accordance with GAAP, and keep accurate and complete records of its respective assets.

Appears in 5 contracts

Samples: Security Agreement (Pillowtex Corp), Credit Agreement (Club Corp International), Credit Agreement (Club Corp International)

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Accounting Methods and Financial Records. The Borrower shall, and shall cause the Parent and each Subsidiary of its Subsidiaries the Borrower to, maintain a system of accounting established and administered in accordance with GAAP, keep adequate records and books of account in which complete entries will be made and all transactions reflected in accordance with GAAP, and keep accurate and complete records of its respective assets. The Borrower and each of its Subsidiaries shall maintain a fiscal year ending on December 31.

Appears in 5 contracts

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

Accounting Methods and Financial Records. The Borrower shallwill, and shall will cause each of its Subsidiaries on a consolidated and consolidating basis to, maintain a system of accounting established and administered in accordance with GAAP, keep adequate records and books of account in which complete entries will be made and all transactions reflected in accordance with GAAP and reflecting all transactions required to be reflected by GAAP, and keep accurate and complete records of its their respective properties and assets.

Appears in 4 contracts

Samples: Loan Agreement, Term Loan Agreement (American Tower Corp /Ma/), Loan Agreement (American Tower Corp /Ma/)

Accounting Methods and Financial Records. The Each Borrower shallwill maintain, and shall will cause each of its Subsidiaries toto maintain, maintain a system of accounting established and administered in accordance with GAAP, keep and will keep, and will cause each of its Subsidiaries to keep, adequate records and books of account in which complete entries will be made and all transactions reflected in accordance with GAAP, such accounting principles consistently applied and keep accurate and complete records of its respective assetsreflecting 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 Each Borrower shall, and shall cause each of its Subsidiaries to, will maintain a system of accounting established and administered in accordance with GAAP, keep adequate records and books of account in which complete entries will be made and reflecting all transactions reflected transactions, in accordance each case to the extent consistent with GAAPgood business practice, and keep accurate and complete records of its respective properties and assets.

Appears in 2 contracts

Samples: Term Loan Agreement (Sunshine Silver Mining & Refining Corp), Term Loan Agreement (Sunshine Silver Mining & Refining Corp)

Accounting Methods and Financial Records. The Borrower shall, and shall cause each of its Subsidiaries Subsidiary to, maintain a system of accounting which is established and administered in accordance with GAAP, keep adequate records and books of account in which entries that are accurate and complete entries will in all material respects shall be made and all transactions reflected in accordance with GAAP, such accounting principles reflecting all transactions required to be reflected by such accounting principles and keep records of any Assets owned by it that are accurate and complete records of its respective assetsin all material respects.

Appears in 2 contracts

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

Accounting Methods and Financial Records. The Borrower Borrowers shall, and shall cause each of its their Subsidiaries to, maintain a system of accounting established and administered in accordance with GAAP, keep adequate records and books of account in which complete entries will be made and all transactions reflected in accordance with GAAP, and keep accurate and complete records of its respective assets. The Borrowers shall, and shall cause each of their Subsidiaries to maintain a fiscal year ending on December 31.

Appears in 2 contracts

Samples: Credit Agreement (Pacific Gateway Exchange Inc), Credit Agreement (Pacific Gateway Exchange Inc)

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Accounting Methods and Financial Records. The Borrower shall, will ---------------------------------------- maintain and shall will cause each of its the Borrower's Subsidiaries to, to maintain a modern system of accounting established that enables the Borrower and administered its Subsidiaries to produce financial statements in accordance with GAAP, and will keep and will cause each of the Borrower's Subsidiaries to keep adequate records and books of account in which complete entries will be made and all transactions reflected in accordance with GAAP, such accounting principles consistently applied and keep accurate and complete records of its respective assetsreflecting all transactions required to be reflected by such accounting principles.

Appears in 1 contract

Samples: Zenith Electronics Corp

Accounting Methods and Financial Records. The Borrower shallwill, and shall will cause each of its Subsidiaries to, maintain a system of accounting established accounting, and administered keep such books, records and accounts (which shall be true and complete), as may be required or as may be necessary to permit the preparation of financial statements in accordance with GAAP, keep adequate records and books of account in which complete entries will be made and all transactions reflected in accordance with GAAP, and keep accurate and complete records of its respective assets.

Appears in 1 contract

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

Accounting Methods and Financial Records. The Borrower shall, ---------------------------------------- and shall cause each Subsidiary of its Subsidiaries the Borrower to, maintain a system of accounting established and administered in accordance with GAAP, keep adequate records and books of account in which complete entries will be made and all transactions reflected in accordance with GAAP, and keep accurate and complete records of its respective assets.

Appears in 1 contract

Samples: Credit Agreement (Doskocil Manufacturing Co Inc)

Accounting Methods and Financial Records. The Borrower shall, and shall cause each of ---------------------------------------- with respect to its Subsidiaries toconsolidated financial statements, maintain a system of accounting established and administered in accordance with GAAP, keep adequate records and books of account in which complete entries will be made and all transactions reflected in accordance with GAAP, and keep accurate and complete records of its respective assets. The Borrower and each of its Subsidiaries shall maintain a fiscal year ending on May 31.

Appears in 1 contract

Samples: Credit Agreement (Texas Industries Inc)

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