Common use of Accounting System Clause in Contracts

Accounting System. Maintain a standard and modern system of accounting that enables such Borrower to produce financial statements in accordance with GAAP, and maintain records pertaining to its Collateral that contain information as from time to time may be requested by Foothill. Such Borrower also shall keep a modern inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to its Inventory.

Accounting System. Maintain a standard and modern system of accounting that enables such Borrower to produce financial statements in accordance with GAAP, and maintain records pertaining to its Collateral that contain information as from time to time may be requested by Foothill. Such Borrower will also shall keep a modern an inventory reporting system that shows accurate current stock, cost and sales records of Inventory, that accurately and sufficiently itemizes and describes the kinds, types and quantities of Inventory and the cost and selling prices thereof, and that shows all additions, sales, claims, returns, and allowances with respect to its the Inventory.

Accounting System. Maintain a standard and modern system of accounting that enables such Borrower to produce financial statements in accordance with GAAP, and maintain records pertaining to its the Collateral that contain information as from time to time may be requested by FoothillAgent. Such Borrower also shall keep a modern inventory reporting system that shows accurate current stock, cost and sales records of Inventory, that accurately and sufficiently itemizes and describes the kinds, types and quantities of Inventory and the cost and selling prices thereof, and that shows all additions, sales, claims, returns, and allowances with respect to its the Inventory.

Accounting System. Maintain a standard and modern system one or more systems of accounting that enables such enable Borrower to produce financial statements in accordance with GAAP, and maintain records pertaining to its the Collateral that contain information as from time to time may be requested by Foothill. Such Borrower also shall keep a modern inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to its the Inventory.

Accounting System. Maintain a standard and modern system of accounting that enables such Borrower Borrowers to produce financial statements in accordance with GAAP, and maintain records pertaining to its the Collateral that contain information as from time to time may be requested by FoothillAgent. Such Borrower Borrowers also shall keep a modern inventory reporting system that shows accurate current stock, cost and sales records of Inventory, that accurately and sufficiently itemizes and describes the kinds, types and quantities of Inventory and the cost and selling prices thereof, and that shows all additions, sales, claims, returns, and allowances with respect to its the Inventory.

Accounting System. Maintain a standard and modern accurate system of accounting that enables such Borrower to produce financial statements in accordance with GAAP, and maintain records pertaining to its Collateral that contain information as from time to time may be requested by Foothill. Such Borrower also shall keep a modern inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to its Inventory.

Accounting System. Maintain a standard and modern modem system of accounting that enables such Borrower to produce financial statements in accordance with GAAP, and maintain records pertaining to the assets of Borrower and its Collateral Subsidiaries or Affiliates that contain information as from time to time may be requested by FoothillBanks. Such Borrower also shall keep a modern inventory asset reporting system that shows all purchases, additions, sales, claims, returns, and allowances with respect to its Inventorydispositions of Borrower’s assets.

Accounting System. Maintain a standard and modern system of accounting that enables such Borrower to produce financial statements in accordance with GAAP, and maintain records pertaining to its the Collateral that contain information as from time to time may be requested by FoothillLender. Such Borrower also shall keep a modern inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to its the Inventory.

Accounting System. Maintain Borrower shall maintain a standard and modern system of accounting that enables such Borrower to produce financial statements in accordance with GAAP, and maintain records GAAP which contains information pertaining to its the Collateral that contain information as may from time to time may be requested by Foothill. Such Borrower also shall keep a modern inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to its Inventorythe Bank.

Accounting System. Maintain a standard and modern system of accounting that enables such each Borrower to produce financial statements in accordance with GAAP, and maintain records pertaining to its the Collateral that contain information as from time to time may be reasonably requested by FoothillAgent. Such Each Borrower also shall keep a modern inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to its the Inventory.

Accounting System. Maintain a standard and modern system of accounting that enables such Borrower to produce financial statements in accordance with GAAP, and maintain records pertaining to its the Collateral that contain information as from time to time may be reasonably requested by Foothill. Such Borrower also shall keep a modern inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to its the Inventory.

Accounting System. Maintain a standard and modern system of accounting that enables such Borrower to produce financial statements in accordance with GAAP, and maintain records pertaining to its the Collateral that contain information as from time to time may reasonably be requested by Foothill. Such Borrower also shall keep a modern inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to its the Inventory.

Accounting System. Maintain a standard and modern system of accounting that enables such Borrower to produce financial statements in accordance with GAAP, and maintain records pertaining to its the Collateral of Borrower that contain information as from time to time may be reasonably requested by Foothill. Such Borrower also shall keep a modern inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to its the Inventory.

Accounting System. Maintain a standard and modern system of accounting that enables such Borrower to produce financial statements in accordance with GAAP, and maintain records pertaining to its the Collateral that contain information as from time to time may be reasonably requested by Foothill. Such Each Borrower also shall keep a modern inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to its the Inventory.

Accounting System. Maintain a standard and modern system of accounting that enables such Borrower to produce financial statements in accordance with GAAP, GAAP and maintain also maintains records pertaining to its the Collateral that contain information as from time to time may be requested by Foothill. Such Borrower also shall keep a modern inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to its the Inventory.

Accounting System. Maintain a standard and modern system of accounting that enables such Borrower Borrowers to produce financial statements in accordance with GAAP, and maintain records pertaining to its the Collateral that contain information as from time to time may be requested by Foothill. Such Borrower Borrowers also shall keep a modern inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to its the Inventory.

Accounting System. Maintain a standard and modern system of accounting that enables such Borrower to produce financial statements in accordance with GAAP, and maintain records pertaining to its the Collateral that contain in accordance with prudent and customary industry practice and provide such information as from time to time as may be requested by FoothillAgent. Such Borrower also shall keep a modern inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to its the Inventory.

Accounting System. Maintain a standard and modern system of accounting that enables such Borrower to produce financial statements in accordance with GAAP, GAAP and maintain also maintains records pertaining to its the Collateral that contain information as from time to time may be requested by Foothill. Such Borrower also shall keep a modern inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to its Inventory.

Accounting System. Maintain a standard and modern system of accounting that enables such Borrower to produce financial statements in accordance with GAAP, and maintain records pertaining to its the Collateral that contain information as from time to time may be requested by FoothillBank. Such Borrower also shall keep a modern an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to its the Inventory.

Accounting System. Maintain a standard and modern system of accounting that enables such Borrower to produce financial statements in accordance with GAAP, and maintain records pertaining to its the Collateral that contain information as from time to time may be requested by Foothill. Such Borrower Borrowers also shall keep a modern inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to its the Inventory.

Accounting System. Maintain Borrower and its Subsidiaries shall maintain a standard and modern system of accounting that enables such Borrower to produce financial statements in accordance with GAAPGAAP with ledger and account cards or computer tapes, discs, printouts, and maintain records pertaining to its the Collateral that which contain information as from time to time reasonably may be requested by Foothill. Such Borrower and its Subsidiaries also shall keep a modern inventory reporting system that shows proper books of account showing all additions, sales, claims, returns, and allowances with respect to its on their Inventory.

Accounting System. Maintain a standard and modern system of accounting that enables such Borrower and each of its Subsidiaries to produce financial statements in accordance with GAAP, and maintain records pertaining to its the Collateral that contain information as from time to time may be requested by Foothill. Such Borrower also shall keep keep, and shall cause each of its Subsidiaries to keep, a modern inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to its the Inventory.

Accounting System. Maintain a standard and modern system of accounting that enables such Borrower to produce financial statements in accordance with GAAP, and maintain records pertaining to its the Collateral that contain information as from time to time may be requested by Foothill. Such Borrower and its Subsidiaries also shall keep a modern inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to its the Inventory.

Accounting System. Maintain a standard and modern system of accounting that enables such Borrower to produce financial statements in accordance with GAAP, and maintain records pertaining to its the Collateral that contain information as from time to time may be reasonably requested by FoothillAdministrative Agent. Such Borrower also shall keep a modern inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to its the Inventory.

Accounting System. Maintain a standard and modern system of accounting that enables such Borrower and its Subsidiaries to produce financial statements in accordance with GAAP, and maintain records pertaining to its the Collateral that contain information as from time to time may be requested by Foothill. Such Borrower also and each of its Subsidiaries shall keep a modern inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to its the Inventory.

Accounting System. Maintain a standard and modern system of accounting that enables such Borrower the Loan Parties to produce financial statements in accordance with GAAP, GAAP and maintain records pertaining to its the Collateral that contain information as from time to time the Lender may be requested by Foothillreasonably request. Such The Borrower also shall keep a modern an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to its the Inventory.

Accounting System. Maintain a standard and modern system of accounting that enables such Borrower to produce financial statements in accordance with GAAP, and maintain records pertaining to its Collateral that contain information as from time to time may be requested by Foothill. Such Borrower also shall keep a modern inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to its Inventory; provided, however, that this does not require Borrower to maintain a perpetual Inventory system.

Accounting System. Maintain a standard and modern system of accounting that enables such Borrower and each Loan Party to produce financial statements in accordance with GAAP, and maintain records pertaining to its the Collateral that contain information as from time to time may be requested by FoothillAgent. Such Borrower and each Loan Party also shall keep a modern inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to its the Inventory.

Accounting System. Maintain a standard and modern system of accounting that enables such each Borrower to produce financial statements in accordance with GAAP, and maintain records pertaining to its the Collateral that contain information as from time to time may be requested by Foothill. Such Each Borrower also shall keep a modern inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to its the Inventory.

Accounting System. Maintain a standard and modern system of accounting that enables such Borrower each Company to produce financial statements in accordance with GAAP, and maintain records pertaining to its the Collateral that contain information as from time to time may be requested by Foothill. Such Borrower Each Company also shall keep a modern inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to its the Inventory.

Accounting System. Maintain a standard and modern system of accounting that enables such Borrower to produce financial statements in accordance with GAAP, and maintain records pertaining to the assets of Borrower and its Collateral Subsidiaries that contain information as from time to time may be requested by FoothillLenders. Such Borrower also shall keep a modern inventory asset reporting system that shows all purchases, additions, sales, claims, returns, and allowances with respect to its Inventorydispositions of Borrower’s assets.

Accounting System. Maintain a standard and modern system of accounting that enables such Borrower to produce financial statements in accordance with GAAP, and maintain records pertaining to the assets of Borrower and its Collateral Subsidiaries or Affiliates that contain information as from time to time may be requested by FoothillBanks. Such Borrower also shall keep a modern inventory asset reporting system that shows all purchases, additions, sales, claims, returns, and allowances with respect to its Inventorydispositions of Borrower's assets.

Accounting System. Maintain a standard and modern system of accounting that enables such Borrower to produce financial statements in accordance with GAAP, and maintain records pertaining to its Collateral that contain information as from time to time may be requested by Foothill. Such Borrower shall also shall keep a modern inventory an Inventory reporting system that shows accurate current stock, cost and sales records of Inventory, that accurately and sufficiently itemizes and describes the kinds, types and quantities of Inventory and the cost and selling prices thereof, that shows all additions, sales, claims, returns, and allowances with respect to its the Inventory.

Accounting System. Maintain a standard and modern system of accounting that enables such Borrower and Guarantors to produce financial statements in accordance with GAAP, and maintain records pertaining to its the Collateral that contain information as from time to time may be requested by FoothillAgent. Such Borrower and Guarantors also shall keep a modern inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to its the Inventory.