ACCOUNTS, BOOKS AND RECORDS. (a) The Contributor shall maintain accounts and records as to each Contract accurately and in sufficient detail to permit the reader thereof to know at any time the status of such Contract, including payments and recoveries made and payments owing (and the nature of each). Prior to the transfer of the Contracts to the Transferor, the Contributor will clearly xxxx its books and records and each Contract File (including each Contract) to reflect each sale of a Contract and the Equipment subject thereto to the Transferor, the resale to the Issuer and to show that the Issuer owns the Contracts absolutely. The Contributor or the Transferor, as the case may be, will cause the electronic ledger, the Contract File (including the Contract), with respect to each Contract and the related Contract and the Contract Schedule to be clearly and unambiguously marked to show that such Contract and the related Contract has been contributed by Contributor to the Transferor, resold by the Transferor to the Issuer and pledged by the Issuer to the Trustee for the benefit of the Noteholders pursuant to the Indenture.
(b) The Contributor shall maintain its computer systems so that, from and after the time of sale hereunder of the Contracts to the Transferor, the Contributor's master computer records (including archives) that refer to a Contract and the related Contract shall indicate clearly the interest of the Transferor in such Contract and that such Contract has been resold to the Issuer and pledged by the Issuer to the Trustee for the benefit of the Noteholders. Indication of the Transferor's ownership of a Contract, the resale to the Issuer, and the pledge of such Contract by the Issuer to the Trustee for the benefit of the Noteholders shall be deleted from or modified on the Contributor's computer systems when, and only when, the Contract shall have been paid in full or purchased or substituted by the Contributor pursuant to the terms hereof.
ACCOUNTS, BOOKS AND RECORDS. (1) Manager shall maintain separate accounts, books, and records for SAC with respect to services under Sections 3 and 4 of this Agreement, and these accounts, books and records shall be the property of SAC. Manager shall be responsible for maintaining SAC’s accounts, books and records in good order and shall maintain them in a way that is sufficiently separate from Manager’s own records so that SAC may have access to such documents during regular business hours upon request without raising an issue of confidentiality with respect to Manager’s proprietary information. In the event this Agreement is terminated for any reason or expires, Manager, shall return all of SAC’s accounts, books and records in its possession to SAC as provided in Section 8.05.
(2) Manager shall make such of Manager’s books and records that relate to the SAC Business, including the pricing of raw materials to the extent such information relates to the SAC Business, available to independent auditors selected by the SAC Board, or such other person or persons who are mutually acceptable to the parties, as is necessary to audit the Management Fee and Expenses charged to SAC and Manager’s compliance with its obligations under this Agreement. Such auditors or person(s) shall be bound by a confidentiality agreement not to disclose such information to persons outside SAC or its professional advisors. SAC shall bear the costs of any independent accounting firm engaged by it for the purpose of performing the review described in this paragraph.
ACCOUNTS, BOOKS AND RECORDS. In order to facilitate the management of cash handling, the SMPRC shall maintain an account with the same financial institution utilized by the City (“SMPRC Account”). In addition, theThe SMPRC shall maintain its books and records in accordance with generally accepted accounting principles (“GAAP”) willto facilitate accurate preparation of necessary fiscal reports and in the form required by the City’s Director of Finance and reasonably acceptable to the City. Such books and records shall be maintained by SMPRC at SMPRC’s address set forth below or at such other location as may be mutually agreed upon in writing, and shall be so maintained for a period of ten (10) years after the creation of such books and records (except in the event of an audit, litigation or other proceeding involving such books and records which is not complete within said ten (10) year period, in which case, the books and records shall be maintained until the conclusion of the proceeding), or for such other period as City and SMPRC shall agree. City and its representatives shall have the right of access to audit and to inspect all books and records maintained by SMPRC with respect to the Pier. All audits shall be at City's cost, shall be conducted during normal business hours and shall be conducted at SMPRC’s office where such books and records are located or at the Pier. Any audit may be conducted by City’s Director of Finance, City’s direct employees or by independent auditors engaged by City. SMPRC shall cooperate with City's auditors and accountants in any inspection and audit of the books and records and the preparation of financial statements and tax returns. Should an inspection or audit reveal material weaknesses or material errors in record keeping, SMPRC shall immediately correct such weaknesses or errors. SMPRC shall expend commercially reasonable best efforts to control accounting and financial transactions as is reasonably required to protect City’s assets from theft, error or fraudulent activity on the part of SMPRC’s associates or direct employees.
ACCOUNTS, BOOKS AND RECORDS. 4.1 The Annual Report has been prepared in accordance with applicable Law and the Accounting Principles as reflected in the Annual Report, respectively, have been approved and audited and, to the extent required, submitted to relevant governmental authorities in accordance with applicable Law.
4.2 The Subsidiaries’ annual reports for the financial year 2020 have been prepared in accordance with applicable Law and give a true and fair view (in Danish: “retvisende billede”) of the profits or losses, the results of operation, the financial position, the state of affairs, the assets and the liabilities of the Group as of and for the period ending on the Accounts Date.
4.3 The Annual Report has been prepared on a basis consistent with that applied in previous accounting years in accordance with the Accounting Principles and give a true and fair view (in Danish: retvisende billede) of the profits or losses, the results of operation, the financial position, the state of affairs, the assets and the liabilities of the Group as of and for the period ending on the Accounts Date. The Annual report have as the Accounts Date made provisions for all actual and contingent liabilities and financial commitments of the Group Companies in accordance with applicable Law and the Accounting Principles.
4.4 The accounting and bookkeeping material of the Group is in all material respects up-to-date and contains reasonably complete details of the business activities of the Group and kept and maintained accordance with applicable Law, and all entries to the bookkeeping material of any Group Company required to be made pursuant to applicable Laws, regulations or the Accounting Principles have been made.
4.5 The Locked Box Accounts have been derived from the books and records of the Company and have in all material respects been prepared applying the Accounting Principles having regard to the purpose for which they have been prepared. The Locked Box Accounts reasonably accurately reflect (i) the Group's assets, liabilities, result and financial position as at the Locked Box Date and (ii) the profit and loss statement and cash flow of the Group for the accounting period to which they relate, taking into account that they have not been subject to an independent audit. The Locked Box Accounts have in all material respects as of the Locked Box Date made provisions for all actual and contingent liabilities and financial commitments of the Group Companies in accordance with applicable Law a...
ACCOUNTS, BOOKS AND RECORDS. 3.1. The Company’s audited annual reports for the accounting years 2004 and 2005 and trial balance for March 31, 2006, attached as Appendix 3.1 hereto (the “Annual Reports”):
3.1.1. give a true, accurate and fair view of the Company (including assets and liabilities, profit/loss, balance sheet, cash flow, etc.) on the dates specified therein; and
3.1.2. have been prepared in accordance with Danish GAAP and applicable legislation;
3.1.3. have been properly recorded on an accruals basis in accordance with Danish GAAP and applicable legislation.
3.1.4. the Annual Reports for the years 2004 and 2005, have been duly adopted at the Company’s annual general meeting(s);
3.2. Since January 1, 2006, no events or circumstances have occurred or are, to the best knowledge of the Sellers threatening to occur which may individually or in aggregate, actually or potentially, result in an adverse change of the position of the Company and/or its business, assets and/or financial position.
3.3. In connection with the presentation of the Annual Reports, the external legal advisors to the Company have not issued any legal letter concerning material information not disclosed in the Annual Reports.
3.4. The Company's books and records contain all material documents which must be or are usually kept by enterprises of the same nature as the Company and accurately and fairly reflect the activities and assets of the Company.
3.5. The Company's bank accounts' statements as of the date of this Agreement are attached as Appendix 3.5.
ACCOUNTS, BOOKS AND RECORDS. All the accounts, books, ledgers, financial and other records, of whatsoever kind of the Company:-
(a) have been fully, properly and accurately kept and completed;
(b) do not contain any material inaccuracies or discrepancies of any kind;
(c) give and reflect a true and fair view of its trading transactions and its financial, contractual and trading position.
ACCOUNTS, BOOKS AND RECORDS. (i) The books of account and financial records of each Target Group Member, including but not limited to the Company's audited consolidated accounts for the fiscal years 2010, 2011 and 2012 as set forth in Exhibit I, have been prepared in accordance with PRC GAAP consistently applied and present in all respects a full, complete and accurate view of the state of affairs and the financial position and performance of the relevant Target Group Member as of the respective dates and for the respective periods thereof.
ACCOUNTS, BOOKS AND RECORDS. The Trustees have the authority and responsibility to ensure that full and accurate accounts, books, and records concerning the Fund are maintained. All such accounts, books, and records shall be open to inspection in accordance with applicable law.
ACCOUNTS, BOOKS AND RECORDS. The Panel Provider must at its own cost:
(a) keep, maintain and audit adequate accounts, books and records, in accordance with Accounting Standards and Australian legal record management standards in relation to the Services;
(b) allow IBA to inspect the accounts, books and records kept in relation to the Services in accordance with clause 5.6(a); and
(c) retain for a period of seven years after termination or expiration of this agreement all accounts, books and records relating to the Services.
ACCOUNTS, BOOKS AND RECORDS shall keep true and complete accounts, books, and records relating to the 18 management, administration, operation, use, scheduling, advertising, marketing, promotion, 19 licensing, provision of concessions, Maintenance, Repair, and Capital Improvement of or at the
