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 GAAP, and will set aside on its books all such proper accruals and reserves as shall be required under GAAP.

Appears in 2 contracts

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

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Basic Financial Information and Reporting. (a) The Company will maintain true keep proper books of record and records of account account, in which full entries which are complete and correct entries will in all material respects shall be made of all its material dealings and transactions of or in relation to the properties and business transactions pursuant to a system thereof, and which will permit the production of accounting established and administered financial statements in accordance with GAAP, and will set aside on its books all such proper accruals and reserves as shall be required under GAAPGAAP consistently applied.

Appears in 2 contracts

Samples: Registration Rights and Securityholder Agreement (Esperion Therapeutics, Inc.), Registration Rights and Securityholder Agreement (Esperion Therapeutics, Inc.)

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Basic Financial Information and Reporting. (a) The Company will maintain true books and records of account that are true in all material respects in which full entries that are complete 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 GAAPGAAP consistently applied, and will set aside on its books all such proper accruals and reserves as shall be required under GAAPGAAP consistently applied.

Appears in 1 contract

Samples: Unit Subscription Agreement (Ecosystem Corp)

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