Common use of Borrower Accounting Practices Clause in Contracts

Borrower Accounting Practices. The Borrower shall maintain, and cause each of its Subsidiaries to maintain, a system of accounting established and administered in accordance with sound business practices to permit preparation of consolidated and consolidating financial statements in conformity with GAAP as in effect from time to time, and each of the financial statements and reports described below shall be prepared from such system and records and in form reasonably satisfactory to the Administrative Agent.

Appears in 14 contracts

Samples: Credit and Term Loan Agreement (Washington Prime Group, L.P.), Term Loan Agreement (Washington Prime Group, L.P.), Credit Agreement (Simon Property Group L P /De/)

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Borrower Accounting Practices. The Borrower shall maintain, and cause each of its Subsidiaries to maintain, a system of accounting established and administered in accordance with sound business practices to permit preparation of consolidated and consolidating financial statements in conformity with GAAP as in effect from time to timeGAAP, and each of the financial statements and reports described below shall be prepared from such system and records and in form reasonably satisfactory to the Administrative Payment and Disbursement Agent.

Appears in 2 contracts

Samples: Credit Agreement (Simon Property Group L P /De/), Credit Agreement (Simon Property Group Inc /De/)

Borrower Accounting Practices. The Borrower shall maintain, and ----------------------------- cause each of its Subsidiaries to maintain, a system of accounting established and administered in accordance with sound business practices to permit preparation of consolidated and consolidating financial statements in conformity with GAAP as in effect from time to timeGAAP, and each of the financial statements and reports described below shall be prepared from such system and records and in form reasonably satisfactory to the Administrative Agent.

Appears in 2 contracts

Samples: Credit Agreement (Simon Property Group L P /De/), Credit Agreement (Simon Property Group L P /De/)

Borrower Accounting Practices. The Borrower shall ------------------------------ maintain, and cause each of its consolidated Subsidiaries to maintain, a system of accounting established and administered in accordance with sound business practices to permit preparation of consolidated and consolidating financial statements in conformity with GAAP as in effect from time to time, and each of the financial statements and reports described below shall be prepared from such system and records and in form reasonably satisfactory to the Administrative AgentGAAP.

Appears in 1 contract

Samples: Credit Agreement (Reckson Associates Realty Corp)

Borrower Accounting Practices. The Borrower shall maintain, and cause each of its Subsidiaries (including all Qualified Borrowers) to maintain, a system of accounting established and administered in accordance with sound business practices to permit preparation of consolidated and consolidating financial statements in conformity with GAAP as in effect from time to timeGAAP, and each of the financial statements and reports described below shall be prepared from such system and records and in form reasonably satisfactory to the Administrative Agent.

Appears in 1 contract

Samples: Loans and Payments of Principal (Prometheus Senior Quarters LLC)

Borrower Accounting Practices. The Borrower shall maintain, and cause each of its Subsidiaries to maintain, a system of accounting established and administered in accordance with sound business practices to permit preparation of consolidated and consolidating financial statements in conformity with GAAP as in effect from time to time, and each of the financial statements and reports described below shall be prepared from such system and records and in form reasonably satisfactory to the Administrative AgentRequisite Lenders.

Appears in 1 contract

Samples: Restructuring Support Agreement (Washington Prime Group, L.P.)

Borrower Accounting Practices. The Borrower shall maintain, and ----------------------------- cause each of its consolidated Subsidiaries to maintain, a system of accounting established and administered in accordance with sound business practices to permit preparation of consolidated and consolidating financial statements in conformity with GAAP as in effect from time to time, and each of the financial statements and reports described below shall be prepared from such system and records and in form reasonably satisfactory to the Administrative AgentGAAP.

Appears in 1 contract

Samples: Credit Agreement (Reckson Associates Realty Corp)

Borrower Accounting Practices. The Borrower shall ----------------------------- maintain, and cause each of its consolidated Subsidiaries to maintain, a system of accounting established and administered in accordance with sound business practices to permit preparation of consolidated and consolidating financial statements in conformity with GAAP as in effect from time to time, and each of the financial statements and reports described below shall be prepared from such system and records and in form reasonably satisfactory to the Administrative AgentGAAP.

Appears in 1 contract

Samples: Credit Agreement (Reckson Associates Realty Corp)

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Borrower Accounting Practices. The Borrower shall maintain, and cause each of its Subsidiaries to maintainmain­tain, a system of accounting established and administered in accordance with sound business practices to permit preparation prepara­tion of consolidated and consolidating financial statements in conformity with GAAP as in effect from time to timeGAAP, and each of the financial statements state­ments and reports described below shall be prepared from such system and records and in form reasonably satisfactory to the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Simon Property Group L P /De/)

Borrower Accounting Practices. The Borrower shall maintain, and cause each of its Subsidiaries to maintain, a system of accounting established and administered in accordance with sound business practices to permit preparation of consolidated and consolidating financial statements in conformity with GAAP as in effect from time to time, and each of the financial statements and reports described below shall be prepared from such system and records and in form reasonably satisfactory to the Administrative Agent.. DB3/376865415.8

Appears in 1 contract

Samples: Term Loan Agreement (WP Glimcher Inc.)

Borrower Accounting Practices. The Borrower shall maintain, and cause each of its Subsidiaries to maintain, a system of accounting established and administered in accordance with sound business practices to permit preparation prepara tion of consolidated and consolidating financial statements in conformity with GAAP as in effect from time to timeGAAP, and each of the financial statements and reports described below shall be prepared from such system and records and in form reasonably satisfactory to the Administrative Payment and Disbursement Agent.

Appears in 1 contract

Samples: Credit Agreement (Simon Debartolo Group Inc)

Borrower Accounting Practices. The Borrower shall maintain, and cause each of its Subsidiaries to maintain, a system of accounting established and administered in accordance with sound business practices to permit preparation of consolidated Consolidated and consolidating financial statements in conformity with GAAP as in effect from time to timeGAAP, and each of the financial statements and reports described below shall be prepared from such system and records and in form reasonably satisfactory to the Administrative AgentCo-Agents.

Appears in 1 contract

Samples: Term Loan Agreement (General Growth Properties Inc)

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