Common use of Internal Accounting Controls; Financial Information Clause in Contracts

Internal Accounting Controls; Financial Information. After the Separation Date, (i) each party shall maintain in effect at its own cost and expense adequate systems and controls for its business to the extent necessary to enable the other party to satisfy its reporting, accounting, audit and other obligations, and (ii) each party shall provide, or cause to be provided, to the other party and its Subsidiaries in such form as such requesting party shall request, at no charge to the requesting party, all financial and other data and information as the requesting party determines necessary or advisable in order to prepare its financial statements and reports or filings with any Governmental Authority.

Appears in 14 contracts

Samples: Master Separation and Distribution Agreement (Palm Inc), Master Separation and Distribution Agreement (Hewlett Packard Co), Master Separation and Distribution Agreement (Agilent Technologies Inc)

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Internal Accounting Controls; Financial Information. After the Separation Date, each party shall (i) each party shall maintain in effect at its own cost and expense adequate systems and controls for its business to the extent necessary to enable the other party parties to satisfy its their reporting, accounting, audit and other obligations, ; and (ii) each party shall provide, or cause to be provided, to the other party parties and its their Subsidiaries in such form as such requesting party shall request, requested and at no charge to the requesting party, all financial and other data and information as the requesting party determines necessary or advisable in order to prepare its financial statements and reports or filings with any Governmental Authority.

Appears in 6 contracts

Samples: Master Separation Agreement (Tality Corp), Master Separation Agreement (Tality Corp), Master Separation Agreement (Tality Corp)

Internal Accounting Controls; Financial Information. After the Separation Date, (i) each party shall maintain in effect at its own cost and expense adequate systems and controls for its business to the extent necessary to enable the other party to satisfy its reporting, accounting, audit and other obligations, and (ii) each party shall provide, or cause to be provided, to the other party and its Subsidiaries in such form as such requesting party shall request, at no charge to the requesting party, all financial and other data and information Information as the requesting party determines necessary or advisable in order to prepare its financial statements and reports or filings with any Governmental Authority.

Appears in 3 contracts

Samples: Separation and Distribution Agreement (Triple Crown Media, Inc.), Agreement and Plan of Merger (Bull Run Corp), Separation and Distribution Agreement (Gray Television Inc)

Internal Accounting Controls; Financial Information. After the Separation Date, each party shall (i) each party shall maintain in effect at its own cost and expense adequate systems and controls for its business to the extent necessary to enable the other party to satisfy its reporting, accounting, audit and other obligations, ; and (ii) each party shall provide, or cause to be provided, to the other party and its Subsidiaries in such form as such requesting party shall request, requested and at no charge to the requesting party, all financial and other data and information as the requesting party determines necessary or advisable in order to prepare its financial statements and reports or filings with any Governmental Authority.

Appears in 2 contracts

Samples: Master Separation Agreement (Cadence Design Systems Inc), Master Separation Agreement (Tality Corp)

Internal Accounting Controls; Financial Information. After the Separation Date, (i) each party shall maintain in effect at its own cost and expense adequate systems and controls for its business to the extent necessary to enable the other party to satisfy its reporting, accounting, audit audit, and other obligations, and (ii) each party shall provide, or cause to be provided, to the other party and its Subsidiaries in such form as such requesting party shall request, at no charge to the requesting party, all financial and other data and information Information as the requesting party determines necessary or advisable in order to prepare its financial statements and reports or filings with any Governmental Authority.

Appears in 2 contracts

Samples: Master Separation and Distribution Agreement (Brillian Corp), Master Separation and Distribution Agreement (Brillian Corp)

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Internal Accounting Controls; Financial Information. After the Separation Date, (i) each party shall maintain in effect at its own cost and expense adequate systems and controls for its business to the extent necessary to enable the other party to satisfy its reporting, accounting, audit and other obligations, and (ii) each party shall provide, or cause to be provided, to the other party and its Subsidiaries Affiliates in such form as such requesting party shall request, at no charge to the requesting party, all financial and other data and information as the requesting party determines necessary or advisable in order to prepare its financial statements and reports or filings with any Governmental Authority.

Appears in 1 contract

Samples: Master Separation and Sale Agreement (Nptest Inc)

Internal Accounting Controls; Financial Information. After the Separation Date, (i) each party Party shall maintain in effect at its own cost and expense adequate systems and controls for its business to the extent necessary to enable the other party Party to satisfy its reporting, accounting, audit and other obligations, and (ii) each party Party shall provide, or cause to be provided, to the other party Party and its Subsidiaries in such form as such requesting party Party shall request, at no charge to the requesting partyParty, all financial and other data and information as the requesting party Party determines necessary or advisable in order to prepare its financial statements and reports or filings with any Governmental Authority.

Appears in 1 contract

Samples: Separation and Distribution Agreement (Insession Technologies Inc)

Internal Accounting Controls; Financial Information. After the Separation Date, each party shall (i) each party shall maintain in effect at its own cost and expense adequate systems and controls for its business to the extent necessary to enable the other party to satisfy its reporting, accounting, audit and other obligations, and (ii) each party shall provide, or cause to be provided, to the other party and its Subsidiaries in such form as such requesting party shall request, at no charge to the requesting party, all financial and other data and information as the requesting party determines necessary or advisable in order to prepare its financial statements and reports or filings with any Governmental Regulatory Authority.

Appears in 1 contract

Samples: Master Separation and Distribution Agreement (Allegheny Energy Inc)

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