Common use of Books of Record and Account; Reserves Clause in Contracts

Books of Record and Account; Reserves. The Company will, and will cause each of its Subsidiaries to, keep proper books of record and account and set aside appropriate reserves, all in accordance with GAAP.

Appears in 2 contracts

Samples: Subordinated Note Purchase Agreement (Hanger Orthopedic Group Inc), Senior Subordinated Note Purchase Agreement (Chase Venture Capital Associates L P)

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Books of Record and Account; Reserves. The Company Each of the Companies will, and will cause each of its Subsidiaries to, to (a) at all times keep proper books of record and account in which full, true and set aside appropriate reserves, all correct entries shall be made of its transactions in accordance with GAAPGAAP and (b) set aside on its books from its earnings for each fiscal year all such proper reserves as shall be required in accordance with GAAP in connection with its business.

Appears in 1 contract

Samples: Conformed (Swing N Slide Corp)

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Books of Record and Account; Reserves. The Company will, and will cause each of its respective Subsidiaries to, (a) at all times keep proper books of record and account in which full, true and set aside appropriate reserves, all correct entries shall be made of its transactions in accordance with GAAPGAAP and (b) set aside on its books from its earnings for each fiscal year all such proper reserves as shall be required in accordance with GAAP in connection with its business.

Appears in 1 contract

Samples: Securities Purchase Agreement (Integrity Media Inc)

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