Borrower’s General Covenants. 7.1 Borrower shall keep proper records and books of account in accordance with generally accepted accounting principles consistently applied, and shall maintain, preserve and keep all of its properties and assets in good working order and condition, subject to ordinary wear and tear.
Appears in 18 contracts
Samples: Loan Agreement (Hotel Outsource Management International Inc), Loan Agreement (Hotel Outsource Management International Inc), Loan Agreement (Hotel Outsource Management International Inc)
Borrower’s General Covenants. 7.1 6.1 Borrower shall keep proper records and books of account in accordance with generally accepted accounting principles consistently applied, and shall maintain, preserve and keep all of its properties and assets in good working order and condition, subject to ordinary wear and tear.
Appears in 6 contracts
Samples: Loan Agreement (Hotel Outsource Management International Inc), Loan Agreement (Hotel Outsource Management International Inc), Loan Agreement (Hotel Outsource Management International Inc)
Borrower’s General Covenants. 7.1 Borrower 6.1 Borrowers shall keep proper records and books of account in accordance with generally accepted accounting principles consistently applied, and shall maintain, preserve and keep all of its properties and assets in good working order and condition, subject to ordinary wear and tear.
Appears in 2 contracts
Samples: Loan Agreement (Hotel Outsource Management International Inc), Loan Agreement (Hotel Outsource Management International Inc)
Borrower’s General Covenants. 7.1 5.1 Borrower shall keep proper records and books of account in accordance with generally accepted accounting principles consistently applied, and shall maintain, preserve and keep all of its properties and assets in good working order and condition, subject to ordinary wear and tear.
Appears in 2 contracts
Samples: Loan Agreement (Genius Group LTD), Loan Agreement (Hotel Outsource Management International Inc)
Borrower’s General Covenants. 7.1 6.1. Borrower shall keep proper records and books of account in accordance with generally accepted accounting principles consistently applied, and shall maintain, preserve and keep all of its properties and assets in good working order and condition, subject to ordinary wear and tear.
Appears in 1 contract
Samples: Loan Agreement (Hotel Outsource Management International Inc)
Borrower’s General Covenants. 7.1 Borrower shall keep proper records and books of account in accordance with generally accepted accounting principles consistently applied, and shall maintain, preserve and keep all of its properties and assets in good working order and condition, subject to ordinary wear and tear.. Loan Agreement: HOMI - Almog Execution Copy
Appears in 1 contract
Samples: Loan Agreement (Hotel Outsource Management International Inc)