Common use of Books, Financial Records and Internal Controls Clause in Contracts

Books, Financial Records and Internal Controls. All the accounts, books, registers, ledgers, IDVC Board minutes and financial and other records of whatsoever kind of IDVC have been fully, properly and accurately kept and completed; there are no material inaccuracies or discrepancies of any kind contained or reflected therein; and they give and reflect a true and fair view of the financial, contractual and legal position of IDVC. IDVC maintains a system of internal accounting controls sufficient, in the judgment of IDVC, to provide reasonable assurance that (i) transactions are executed in accordance with management’s general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with GAAP and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management’s general or specific authorization and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate actions are taken with respect to any differences.

Books, Financial Records and Internal Controls. All the accounts, books, registers, ledgers, IDVC TYCV Board minutes and financial and other records of whatsoever kind of IDVC TYCV have been fully, properly and accurately kept and completed; there are no material inaccuracies or discrepancies of any kind contained or reflected therein; and they give and reflect a true and fair view of the financial, contractual and legal position of IDVCTYCV. IDVC TYCV maintains a system of internal accounting controls sufficient, in the judgment of IDVCTYCV, to provide reasonable assurance that (i) transactions are executed in accordance with management’s general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with GAAP and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management’s general or specific authorization and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate actions are taken with respect to any differences.

Books, Financial Records and Internal Controls. All the accounts, books, registers, ledgers, IDVC PRTN Board minutes and financial and other records of whatsoever kind of IDVC PRTN have been fully, properly and accurately kept and completed; there are no material inaccuracies or discrepancies of any kind contained or reflected therein; and they give and reflect a true and fair view of the financial, contractual and legal position of IDVCPRTN. IDVC PRTN maintains a system of internal accounting controls sufficient, in the judgment of IDVCPRTN, to provide reasonable assurance that (i) transactions are executed in accordance with management’s general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with GAAP and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management’s general or specific authorization and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate actions are taken with respect to any differences.

Books, Financial Records and Internal Controls. All the accounts, books, registers, ledgers, IDVC VAPE Board minutes and financial and other records of whatsoever kind of IDVC VAPE have been fully, properly and accurately kept and completed; there are no material inaccuracies or discrepancies of any kind contained or reflected therein; and they give and reflect a true and fair view of the financial, contractual and legal position of IDVCVAPE. IDVC VAPE maintains a system of internal accounting controls sufficient, in the judgment of IDVCVAPE, to provide reasonable assurance that (i) transactions are executed in accordance with management’s general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with GAAP and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management’s general or specific authorization and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate actions are taken with respect to any differences.

Books, Financial Records and Internal Controls. All the accounts, books, registers, ledgers, IDVC SVEN Board minutes and financial and other records of whatsoever kind of IDVC SVEN have been fully, properly and accurately kept and completed; there are no material inaccuracies or discrepancies of any kind contained or reflected therein; and they give and reflect a true and fair view of the financial, contractual and legal position of IDVCSVEN. IDVC SVEN maintains a system of internal accounting controls sufficient, in the judgment of IDVCSVEN, to provide reasonable assurance that (i) transactions are executed in accordance with management’s general or specific authorizations, (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with GAAP and to maintain asset accountability, (iii) access to assets is permitted only in accordance with management’s general or specific authorization and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate actions are taken with respect to any differences.