Common use of Financial Accounting Practices Clause in Contracts

Financial Accounting Practices. Borrower shall make and keep books, records and accounts which, in reasonable detail, accurately and fairly reflect its business, including all transactions and dispositions of its assets, all prepared in accordance with GAAP. Lender and/or its agents shall have the right to review the books and records of Borrower and to photocopy the same and to make excerpts therefrom, at all reasonable times and upon reasonable notice and as often as Lender may reasonably request.

Appears in 8 contracts

Samples: Loan and Security Agreement (Crown Laboratories Inc /De/), Loan and Security Agreement (Roadhouse Grill Inc), Loan and Security Agreement (Vista Gold Corp)

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Financial Accounting Practices. Borrower shall make and keep books, records and accounts which, in reasonable detail, accurately and fairly reflect its business, including all transactions and dispositions of its assets, all prepared in accordance with GAAP. Lender and/or its agents shall have the right to review the books and records of Borrower and to photocopy the same and to make excerpts therefrom, at all reasonable times and upon reasonable notice and as often as Lender may reasonably request.

Appears in 2 contracts

Samples: Loan and Security Agreement (Artisan Entertainment Inc), Loan and Security Agreement (Artisan Entertainment Inc)

Financial Accounting Practices. Borrower shall make and keep books, records and accounts which, in reasonable detail, accurately and fairly reflect its business, including all transactions and dispositions of its assets, all prepared in accordance with GAAP. Lender and/or its agents shall have the right to review the books and records of Borrower and to photocopy the same and to make excerpts therefrom, at all reasonable times and upon reasonable notice and as often as Lender may reasonably request, and, so long as there is no continuing Default or Event of Default, the cost of performing the same shall be borne by Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (Big v Supermarkets Inc)

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Financial Accounting Practices. Borrower shall make and keep books, records and accounts which, in reasonable detail, accurately and fairly reflect its business, including all transactions and dispositions of its assets, all prepared in accordance with GAAP. Lender and/or its agents shall have the right to review the books and records of Borrower and to photocopy the same and to make excerpts therefrom; provided that, at all reasonable times so long as there is no Event of Default, such visitations and examinations shall be upon reasonable prior notice to Borrower, during normal business hours and as often as Lender may reasonably requestno more frequently than twice during each calendar year.

Appears in 1 contract

Samples: Loan and Security Agreement (Lynton Group Inc)

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