Common use of Keeping of Books and Records Clause in Contracts

Keeping of Books and Records. Until the Closing, the Company shall keep adequate records and books of account, in which complete entries will be made in accordance with generally accepted accounting principles consistently applied, reflecting all financial transactions and in which all proper reserves for depreciation, depletion, obsolescence, amortization, taxes, bad debts and other purposes in connection with its business shall be made.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Basin Water, Inc.), Agreement and Plan of Merger (Basin Water, Inc.), Stock Purchase and Sale Agreement (Zhone Technologies Inc)

AutoNDA by SimpleDocs

Keeping of Books and Records. Until the Closing, the Company shall keep adequate records and books of account, in which complete entries will be made in accordance with generally accepted accounting principles GAAP consistently applied, reflecting all financial transactions and in which all proper reserves for depreciation, depletion, obsolescence, amortization, taxes, bad debts and other purposes in connection with its business shall be made.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Boston Therapeutics, Inc.), Agreement and Plan of Merger (Boston Therapeutics, Inc.), Agreement and Plan of Merger (AVANYX Therapeutics, Inc.)

Keeping of Books and Records. Until the Closing, the The Company shall keep and maintain adequate records and books of account, in which complete entries will be made in accordance with generally accepted accounting principles GAAP consistently applied, reflecting reflecting, in all material respects, all financial transactions and in which all proper reserves for depreciation, depletion, obsolescence, amortization, taxesTaxes, bad debts and other purposes in connection with its business shall be made.

Appears in 1 contract

Samples: Stock Purchase Agreement (Bea Systems Inc)

Keeping of Books and Records. Until the Closing, the Company shall keep adequate records and books of account, in which complete entries will be made in accordance with generally accepted accounting principles GAAP consistently applied, reflecting all financial transactions and in which all proper reserves for depreciation, depletion, obsolescence, amortization, taxes, bad debts and other purposes in connection with its business operations shall be made.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Bakbone Software Inc)

Keeping of Books and Records. Until the Closing, the Company ---------------------------- shall keep adequate records and books of account, in which complete entries will be made in accordance with generally accepted accounting principles consistently applied, reflecting all financial transactions and in which all proper reserves for depreciation, depletion, obsolescence, amortization, taxes, bad debts and other purposes in connection with its business shall be made.

Appears in 1 contract

Samples: Asset Purchase Agreement (Opta Food Ingredients Inc /De)

Keeping of Books and Records. Until the Closing, the Company shall keep adequate records and books of account, in which complete entries will be made in accordance with generally accepted accounting principles GAAP consistently applied, reflecting all financial transactions and in which all proper reserves for depreciation, depletion, obsolescence, amortization, taxes, bad debts and other purposes in connection with its business shall be made.. SECTION 5.6

Appears in 1 contract

Samples: Agreement and Plan of Merger (JDS Uniphase Corp /Ca/)

AutoNDA by SimpleDocs

Keeping of Books and Records. Until the Closing, the Company shall keep adequate records and books of account, in which complete entries will be made in accordance with generally accepted accounting principles GAAP consistently applied, reflecting all financial transactions and in which all proper reserves for depreciation, depletion, obsolescence, amortization, taxes, bad debts and other purposes in connection with its business the Business shall be made.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Phymatrix Corp)

Keeping of Books and Records. Until the Closing, the Company Seller shall keep adequate records and books of account, in which complete entries will be made in accordance with generally accepted accounting principles GAAP consistently applied, reflecting all financial transactions and in which all proper reserves for depreciation, depletion, obsolescence, amortization, taxes, bad debts and other purposes in connection with its business the Business shall be made.

Appears in 1 contract

Samples: Asset Purchase Agreement (Agri Nutrition Group LTD)

Keeping of Books and Records. Until the ClosingClosing Date, the ---------------------------- Company shall keep adequate records and books of account, in which complete entries will be made in accordance with generally accepted accounting principles consistently appliedGAAP, reflecting all financial transactions and in which all proper reserves for depreciation, depletion, obsolescence, amortization, taxes, bad debts and other purposes in connection with its business shall be madethe Business.

Appears in 1 contract

Samples: Stock Purchase Agreement (Sheffield Steel Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!