Basic Financial Information and Reporting. 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 (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
Sources: Investors’ Rights Agreement (Veracyte, Inc.), Investors’ Rights Agreement (Veracyte, Inc.), Investors’ Rights Agreement (Glu Mobile Inc)
Basic Financial Information and Reporting. 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 (except as noted therein or as disclosed to the recipients thereoftherein), 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
Sources: Subscription Agreement, Series a Preferred Stock Subscription Agreement (Avangard Capital Group, Inc), Series a Preferred Stock Subscription Agreement (Avangard Capital Group, Inc)
Basic Financial Information and Reporting. 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 (except as noted therein or as disclosed to the recipients thereof)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
Sources: 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 (except as noted therein or as disclosed to the recipients thereof)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
Sources: Investors' Rights Agreement (Coulter Pharmaceuticals Inc), Series C Preferred Stock Purchase Agreement (Air South Airlines Inc)
Basic Financial Information and Reporting. 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 (except as noted therein or as disclosed to the recipients thereof)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
Sources: Investor Rights Agreement (First Responder Systems & Technology Inc.), Investor Rights Agreement (First Responder Systems & Technology Inc.)