Common use of Basic Financial Information and Reporting Clause in Contracts

Basic Financial Information and Reporting. (a) The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently applied, and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied.

Appears in 124 contracts

Samples: Investors’ Rights Agreement (RxSight, Inc.), Investor Rights Agreement, Investor Rights Agreement (Pacific DataVision, Inc.)

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Basic Financial Information and Reporting. (a) The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently appliedapplied (except as noted therein or as disclosed to the recipients thereof), and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied.

Appears in 59 contracts

Samples: Investor Rights Agreement (Talis Biomedical Corp), Investor Rights Agreement (Talis Biomedical Corp), Investor Rights Agreement (Poshmark, Inc.)

Basic Financial Information and Reporting. (a) The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently appliedapplied (except as noted therein), and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied.

Appears in 42 contracts

Samples: Investor Rights Agreement (PROCEPT BioRobotics Corp), Investor Rights Agreement (PROCEPT BioRobotics Corp), Investor Rights Agreement (Femasys Inc)

Basic Financial Information and Reporting. (aA) The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently applied, and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied.

Appears in 14 contracts

Samples: Investor Rights Agreement (Informax Inc), Rights Agreement (Valera Pharmaceuticals Inc), Rights Agreement (Sensus Drug Development Corp)

Basic Financial Information and Reporting. (a) 3.1.1 The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently applied, and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied.

Appears in 12 contracts

Samples: Investors' Rights Agreement (Be Inc), 'S Rights Agreement (One Source Technologies Inc), Rights Agreement (Trinet Group Inc)

Basic Financial Information and Reporting. (a) The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles GAAP consistently applied, and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles GAAP consistently applied.

Appears in 9 contracts

Samples: Subscription Agreement (Spotlight Innovation, Inc.), Subscription Agreement (Omega Commercial Finance Corp), Subscription Agreement (Aclor International, Inc.)

Basic Financial Information and Reporting. (ai) The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with United States generally accepted accounting principles consistently appliedapplied (except as noted therein), and will set aside on its books all such proper accruals and reserves as shall be required under United States generally accepted accounting principles consistently applied.

Appears in 7 contracts

Samples: Preferred Stock Subscription Agreement, Series a Preferred Stock Subscription Agreement, Common Stock Subscription Agreement (EvaMedia Corp)

Basic Financial Information and Reporting. (a) The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently applied, and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied.

Appears in 6 contracts

Samples: Investor Rights Agreement (First Responder Systems & Technology Inc.), Investor Rights Agreement (First Responder Systems & Technology Inc.), Investor Rights Agreement (1818 Fund Lp Brown Brothers Harriman Co Long T Michael Et Al)

Basic Financial Information and Reporting. (a) The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently applied, applied (except as noted therein) and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied.

Appears in 6 contracts

Samples: Investor Rights Agreement (Udemy, Inc.), Investor Rights Agreement (Udemy, Inc.), Investor Rights Agreement (Sprout Social, Inc.)

Basic Financial Information and Reporting. (a) The Company will maintain true proper books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently appliedapplied (except as noted therein), and will set aside on its books including all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied.

Appears in 6 contracts

Samples: Investor Rights Agreement (LendingClub Corp), Investor Rights Agreement (LendingClub Corp), Investor Rights Agreement (LendingClub Corp)

Basic Financial Information and Reporting. (a) The Company will shall maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in substantial accordance with generally accepted accounting principles consistently applied, and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied.

Appears in 6 contracts

Samples: Rights Agreement, Investor Rights Agreement (Helix TCS, Inc.), Investor Rights Agreement (Gemphire Therapeutics Inc.)

Basic Financial Information and Reporting. (a) 4.1.1 The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently applied, and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied.

Appears in 4 contracts

Samples: Investor Rights Agreement (Gensia Sicor Inc), Rights Agreement (Rouge Wave Software Inc), Investors' Rights Agreement (Tumbleweed Software Corp)

Basic Financial Information and Reporting. (a) The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with United States generally accepted accounting principles consistently applied, and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied.

Appears in 3 contracts

Samples: Investor Rights Agreement (Codexis Inc), Investor Rights Agreement (Codexis Inc), Investor Rights Agreement (Asia Online LTD)

Basic Financial Information and Reporting. (a) The Company will and its Subsidiaries (if any) shall maintain true books and records of account that are accurate in all material respects in which full and correct complete entries will shall be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently applied, and will shall set aside on its their books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied.

Appears in 3 contracts

Samples: Investor Rights Agreement (Nupathe Inc.), Investor Rights Agreement (Nupathe Inc.), Investor Rights Agreement (Nupathe Inc.)

Basic Financial Information and Reporting. (a) The Company will maintain true and procure that each Group Company maintains proper books and records of account and will prepare financial statements in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently appliedapplied (except as noted therein or as disclosed to the recipients thereof), and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied.

Appears in 3 contracts

Samples: Investor Rights Agreement, Investor Rights Agreement (Iterum Therapeutics LTD), Investor Rights Agreement (Iterum Therapeutics LTD)

Basic Financial Information and Reporting. (a) The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently appliedapplied (except as noted therein or as disclosed to the recipients thereof), and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied.

Appears in 3 contracts

Samples: Investors’ Rights Agreement (Veracyte, Inc.), Investors’ Rights Agreement (Veracyte, Inc.), Investors’ Rights Agreement (Glu Mobile Inc)

Basic Financial Information and Reporting. (aiii) The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with United States generally accepted accounting principles consistently appliedapplied (except as noted therein), and will set aside on its books all such proper accruals and reserves as shall be required under United States generally accepted accounting principles consistently applied.

Appears in 3 contracts

Samples: Series a Preferred Stock Subscription Agreement, Preferred Stock Subscription Agreement (Avangard Capital Group, Inc), Series a Preferred Stock Subscription Agreement (Avangard Capital Group, Inc)

Basic Financial Information and Reporting. (a) The Company will and its Subsidiaries shall maintain true books and records of account in which full and correct entries will shall be made of all its their business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently applied, and will shall set aside on its their books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied.

Appears in 3 contracts

Samples: Investor Rights Agreement (Amber Road, Inc.), Rights Agreement (Safeguard Scientifics Inc Et Al), Rights Agreement (Tangram Enterprise Solutions Inc)

Basic Financial Information and Reporting. (a) The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently applied, applied (except as noted therein ) and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied.

Appears in 2 contracts

Samples: Investor Rights Agreement (Echo Global Logistics, Inc.), Investor Rights Agreement (Innerworkings Inc)

Basic Financial Information and Reporting. (a) The Company Corporation will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently applied, and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied.

Appears in 2 contracts

Samples: Investors' Rights Agreement (Adesso Healthcare Technology Services Inc), Voting Agreement (Adesso Healthcare Technology Services Inc)

Basic Financial Information and Reporting. (a) The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently applied, and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied.

Appears in 2 contracts

Samples: Investor Rights Agreement (Senomyx Inc), Rights Agreement (Senomyx Inc)

Basic Financial Information and Reporting. (a) The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with U.S. generally accepted accounting principles consistently appliedapplied (except as noted therein), and will set aside on its books all such proper accruals and reserves as shall be required under U.S. generally accepted accounting principles consistently applied.. For purposes of this Section 3.1(a), “

Appears in 2 contracts

Samples: Investor Rights Agreement (Kaltura Inc), Investor Rights Agreement (Kaltura Inc)

Basic Financial Information and Reporting. (a) The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with Canadian generally accepted accounting principles consistently applied, and will set aside on its books all such proper accruals and reserves as shall be required under Canadian generally accepted accounting principles consistently applied.

Appears in 2 contracts

Samples: Right Agreement, Consent and Agreement (Xenon Pharmaceuticals Inc.)

Basic Financial Information and Reporting. (a) The Company will maintain true books and records of account in which full and correct entries will be he made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently appliedapplied (except as noted therein), and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied.

Appears in 2 contracts

Samples: Investor Rights Agreement (DiCE MOLECULES HOLDINGS, LLC), Investor Rights Agreement (DiCE MOLECULES HOLDINGS, LLC)

Basic Financial Information and Reporting. (a) The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently applied, and will set aside on its books all such proper accruals and reserves as shall will be required under generally accepted accounting principles consistently applied.

Appears in 2 contracts

Samples: Investors Rights Agreement (Oregon Baking Co Dba Marsee Baking), Investors Rights Agreement (Emed Technologies Corp)

Basic Financial Information and Reporting. (a) The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently applied, and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied.;

Appears in 2 contracts

Samples: Registration Rights Agreement (Bei Medical Systems Co Inc /De/), Registration Rights Agreement (Bei Medical Systems Co Inc /De/)

Basic Financial Information and Reporting. (a) The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently applied, and which shall be true and correct in all material respects and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently appliedprinciples.

Appears in 2 contracts

Samples: Investor Rights Agreement (Grand Canyon Education, Inc.), Investor Rights Agreement (Grand Canyon Education, Inc.)

Basic Financial Information and Reporting. (a) The Company will maintain true accurate books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently applied, and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied.

Appears in 2 contracts

Samples: Preferred Stock Purchase Agreement (Oryx Technology Corp), Preferred Stock Purchase Agreement (Oryx Technology Corp)

Basic Financial Information and Reporting. (a) The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions (and all those of any subsidiary of the Company) pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently appliedapplied (except as noted therein or as disclosed to the recipients thereof), and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied.

Appears in 2 contracts

Samples: Investor Rights Agreement (Zulily, Inc.), Investor Rights Agreement (Zulily, Inc.)

Basic Financial Information and Reporting. (a) The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently applied, and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied.accounting

Appears in 2 contracts

Samples: Rights Agreement (McData Corp), Investors' Rights Agreement (Formus Communications Inc)

Basic Financial Information and Reporting. (a) The Company will maintain accurate and true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently appliedapplied (except as noted therein), and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied.

Appears in 2 contracts

Samples: Investor Rights Agreement (Sientra, Inc.), Investor Rights Agreement (Sientra, Inc.)

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Basic Financial Information and Reporting. (a1) The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently applied, and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied.

Appears in 2 contracts

Samples: Investors’ Rights Agreement, Investors’ Rights Agreement (Fortinet Inc)

Basic Financial Information and Reporting. (a) a. The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently applied, and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied.

Appears in 1 contract

Samples: Investor Rights Agreement (NxStage Medical, Inc.)

Basic Financial Information and Reporting. (a) The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently applied, applied and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied, in each case except as noted therein or disclosed to the recipients thereof.

Appears in 1 contract

Samples: Investor Rights Agreement (Aclarion, Inc.)

Basic Financial Information and Reporting. (a) The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with U.S. generally accepted accounting principles consistently applied, and will set aside on its books all such proper accruals and reserves as shall be required under U.S. generally accepted accounting principles consistently applied.

Appears in 1 contract

Samples: Investor Rights Agreement (GAIN Capital Holdings, Inc.)

Basic Financial Information and Reporting. (aA) The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently applied, and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied.accounting

Appears in 1 contract

Samples: Investor Rights Agreement (Clarent Corp/Ca)

Basic Financial Information and Reporting. (a) The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with U.S. generally accepted accounting principles consistently appliedapplied (except as noted therein or as disclosed to the recipients thereof), and will set aside on its books all such proper accruals and reserves as shall be required under U.S. generally accepted accounting principles consistently applied.

Appears in 1 contract

Samples: Investor Rights Agreement (Hyperion Therapeutics Inc)

Basic Financial Information and Reporting. (ai) The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently applied, and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied.

Appears in 1 contract

Samples: Stockholders’ Agreement (Perlegen Sciences Inc)

Basic Financial Information and Reporting. (a) The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with United States generally accepted accounting principles consistently applied, and will set aside on its books all such proper accruals and reserves as shall be required under United States generally accepted accounting principles consistently applied.

Appears in 1 contract

Samples: Investor Rights Agreement (On Stage Entertainment Inc)

Basic Financial Information and Reporting. (a) The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with United States generally accepted accounting principles consistently appliedapplied (except as noted therein or as disclosed to the recipients thereof), and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied.

Appears in 1 contract

Samples: Investor Rights Agreement (Virobay Inc)

Basic Financial Information and Reporting. (a) The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently applied, and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied.

Appears in 1 contract

Samples: Rights Agreement (Digital Impact Inc /De/)

Basic Financial Information and Reporting. (a) The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently applied, applied and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied.

Appears in 1 contract

Samples: Investors' Rights Agreement (Women Com Networks Inc)

Basic Financial Information and Reporting. (a) The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently applied, and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied.

Appears in 1 contract

Samples: Registration Rights Agreement (Cirtran Corp)

Basic Financial Information and Reporting. (a) The Company will maintain true books and records of account in which full and correct entries will be made of all its material business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently appliedapplied (or such other method approved by the Board of Directors of the Company), and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied.

Appears in 1 contract

Samples: Rights Agreement (Accent Optical Technologies Inc)

Basic Financial Information and Reporting. (a) The Company will maintain true and correct books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently applied, and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied.

Appears in 1 contract

Samples: Investor Rights Agreement (Globus Medical Inc)

Basic Financial Information and Reporting. (a) The Company will maintain true books and records of account at the Company’ principal place of business in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently applied, and . The Company will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied.

Appears in 1 contract

Samples: Shareholders Agreement (MetaMorphix Inc.)

Basic Financial Information and Reporting. (a) The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently appliedapplied (except as noted therein), and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently appliedapplied (except as noted therein).

Appears in 1 contract

Samples: Investor Rights Agreement (SERVICE-NOW.COM)

Basic Financial Information and Reporting. (a) The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently appliedapplied (except as noted therein), and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles in the United States consistently applied.

Appears in 1 contract

Samples: Investor Rights Agreement (Immune Design Corp.)

Basic Financial Information and Reporting. (a) The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently applied, applied and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied.;

Appears in 1 contract

Samples: Investor Rights Agreement (Vitria Technology Inc)

Basic Financial Information and Reporting. (a) The Company will use commercially reasonable efforts to maintain true books and records of account in which full and correct entries in all material respects will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with United States generally accepted accounting principles and practices consistently applied, and will set aside on its books all such proper accruals and reserves as shall be required under United States generally accepted accounting principles consistently applied.

Appears in 1 contract

Samples: Investor Rights Agreement (Pandora Media, Inc.)

Basic Financial Information and Reporting. (aA) The Company will shall maintain true books and records of account in which full and correct entries will shall be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently applied, and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied.

Appears in 1 contract

Samples: Investor Rights Agreement (Ovation Products Corp)

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