Financial, Collateral and Other Reporting / Notices. Each Loan Party has kept, and will at all times 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 (except for the amortization of liquidated damages which is presented in sales and marketing for internal purposes and to the extent that equity expenses are not reflected in interim financial statements). Each Loan Party Obligor will cause to be prepared and furnished to Agent, in each case in a form and in such detail as is acceptable to Agent the following items:
Appears in 5 contracts
Samples: Loan and Security Agreement (Rubicon Technologies, Inc.), Loan and Security Agreement (Rubicon Technologies, Inc.), Loan and Security Agreement (Rubicon Technologies, Inc.)
Financial, Collateral and Other Reporting / Notices. Each Loan Party Obligor has kept, kept and will at all times keep, 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 (except for the amortization of liquidated damages which is presented in sales and marketing for internal purposes and to the extent that equity expenses are not reflected in interim financial statements)transactions. Each Loan Party Obligor will cause to be prepared and furnished to AgentLender, in each case in a form and in such detail as is reasonably acceptable to Agent Lender, the following items:items (the items to be provided under this Section 5.15 shall be delivered to Lender in writing or, if requested by Lender, by an Approved Electronic Communication).
Appears in 2 contracts
Samples: Loan and Security Agreement (Janel Corp), Loan and Security Agreement (Janel Corp)
Financial, Collateral and Other Reporting / Notices. Each Loan Party has kept, and will at all times 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 (except for the amortization of liquidated damages which is presented in sales and marketing for internal purposes and to the extent that equity expenses are not reflected in interim financial statements)transactions. Each Loan Party Obligor will cause to be prepared and furnished to Agent, in each case in a form and in such detail as is acceptable to Agent the following items:items (the items to be provided under this Section 7.15 shall be delivered to Agent in writing):
Appears in 1 contract
