Financial and Collateral Reports. Borrower has kept and will keep adequate records and books of account with respect to its business activities and the Collateral in which proper entries are made in accordance with GAAP reflecting all its financial transactions, and will cause to be prepared and furnished to Lender the following (all to be prepared in accordance with GAAP, unless Borrower's certified public accountants concur in any change therein and such change is disclosed to Lender):
Appears in 20 contracts
Samples: Loan and Security Agreement (Titan Global Holdings, Inc.), Loan and Security Agreement (Thomas Equipment, Inc.), Loan and Security Agreement (First Wave Marine Inc)
Financial and Collateral Reports. Borrower has kept and will keep adequate records and books of account with respect to its business activities and the Collateral in which proper entries are made in accordance with GAAP reflecting all its financial transactions, and will cause to be prepared and furnished to Lender the following (all to be prepared in accordance with GAAP, unless Borrower's certified public accountants concur in any change therein and such change is disclosed to LenderLender and is consistent with GAAP):
Appears in 6 contracts
Samples: Loan and Security Agreement (Northwest Teleproductions Inc), Loan and Security Agreement (Fields Aircraft Spares Inc), Loan Agreement (Fields Aircraft Spares Inc)
Financial and Collateral Reports. Each Borrower has kept and will keep adequate records and books of account with respect to its business activities and the Collateral in which proper entries are made in accordance with GAAP reflecting all its financial transactions, and will cause to be prepared and furnished to Lender the following (all to be prepared in accordance with GAAP, unless such Borrower's certified public accountants concur in any change therein and such change is disclosed to Lender):
Appears in 1 contract
Samples: Loan and Security Agreement (Willcox & Gibbs Inc /De)
