Financial Books and Records. All books of account shall, at all times, be maintained in the principal office of the Company or at such other location as specified by the Member.
Financial Books and Records. The books and records of the Corporation and the Subsidiaries disclose all of their material financial transactions and such transactions have been fairly and accurately recorded in all material respects; and except as disclosed in the Pricing Disclosure Package and the Prospectuses:
(a) the Corporation and the Subsidiaries are not indebted to any of their respective directors or officers (collectively the “Principals”), other than on account of director’s fees or expenses accrued but not paid, or to any of their respective shareholders, past directors, past officers, employees (past or present) or any person not dealing at “arm’s length” (as such term is used in the ITA);
(b) none of the Principals or shareholders of the Corporation is indebted to the Corporation, on any account whatsoever; and
(c) the Corporation and the Subsidiaries have not guaranteed or agreed to guarantee any debt, liability or other obligation of any kind whatsoever of any person, firm or corporation of any kind whatsoever.
Financial Books and Records. The financial books and records of the Company have been maintained in accordance with customary business practices and fairly and accurately reflect on a basis consistent with past periods and throughout the periods involved, (i) the consolidated financial position of the Company and (ii) all transactions of the Company, including all transactions between the Company, on the one hand, and a Seller on the other hand. The Company has not received any advice or notification from its current or past independent accountants that the Company has used any improper accounting practice that would have the effect of not reflecting or incorrectly reflecting in the books and records of the Company any properties, assets, Liabilities, revenues, expenses, equity accounts or other accounts.
Financial Books and Records. For a period of five (5) years hereafter, Buyer shall provide Seller with access during normal business hours to any books or records relating to the Purchased Restaurants or the Purchased Assets, which Seller may need solely to file tax returns or other filings or to defend litigation, filed prior or subsequent to the date hereof, which relate to periods prior to the date hereof.
Financial Books and Records. Investor acknowledges that he/she/it has had the opportunity to review the Company's financial books and records but Investor understands and acknowledges that the Company has no independently audited financial statements and full and complete disclosure concerning its financial condition cannot therefore be made.
Financial Books and Records. The financial books and records of the Companies have been maintained in accordance with sound business practices, including an adequate system of internal control, and fairly and accurately reflect, in accordance with applicable Law and GAAP, and on a basis consistent with past periods and throughout the periods involved, (i) the financial position of the Companies and (ii) all transactions of the Companies. Neither of the Companies has received any advice or notification from their respective independent certified public accountants that they have used any improper accounting practice that would have the effect of not reflecting or incorrectly reflecting in the books and records of the Companies any properties, assets, liabilities, revenues, or expenses.
Financial Books and Records. The financial books and records of the Vendors fairly, completely and correctly set out and disclose, in accordance with GAAP, the assets, liabilities, revenues, expenses and financial position of the Vendors with respect to the Purchased Business.
Financial Books and Records. (a) In addition to the other record keeping requirements set forth in the Contract Documents, United, the Member Services Vendor, and the Sales and Marketing Vendor as appropriate, shall prepare and maintain, on a current basis, in accordance with accrual accounting principles consistently applied, accurate and complete financial books and records and accounts of all transactions related to the Services and the SHIP including such information as may be necessary to verify calculations made pursuant to the Contract Documents, the Member Services Agreement and the Sales and Marketing Agreement. United shall maintain accurate cost ledgers and accounting records regarding the Services and the SHIP, in accordance with accrual accounting principles consistently applied. United shall establish and maintain an information system to provide storage and ready retrieval of operating data pertaining to the Services and the SHIP,
(b) United shall prepare and maintain, on a current basis, adequate documentation of all applications and operating systems and programs with respect to the SHIP Databases and the provision of the Services and the SHIP by United hereunder.
Financial Books and Records. 23 3.2.8 REPORTS. . . . . . . . . . . . . . . . . . . . . . . . 24 3.2.9 AUDITS AND INSPECTION. . . . . . . . . . . . . . . . . 24 3.3 MEMBER CONTRIBUTION RATE ADJUSTMENTS . . . . . . . . . . . . . 25 3.3.1 PROJECTED MEMBERSHIP; TARGET AARP ALLOWANCE. . .
Financial Books and Records. Contractor shall maintain financial books, documents, and cost accounting records with respect to the Contract Amount on a cash basis in accordance with generally accepted accounting principles. These records shall be made available to CES, upon request for audit, inspection or copying to the extent that they relate to any issue of entitlement to payment or adjustment of the Contract Amount.
