Common use of Keeping of Books and Records Clause in Contracts

Keeping of Books and Records. The Borrower will, and will cause each Subsidiary to, keep adequate records and books of account in which complete entries will be made, in accordance with GAAP, reflecting all financial transactions of the Borrower and its Subsidiaries.

Appears in 4 contracts

Samples: Loan Agreement (Cascade Corp), Loan Agreement (Elandia International Inc.), Loan Agreement (Cascade Corp)

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Keeping of Books and Records. The Borrower willwill keep, and will cause each Subsidiary toto keep, keep adequate records and books of account in which complete entries will be made, in accordance with GAAP, reflecting all financial transactions of the Borrower and its Subsidiariesor Subsidiary.

Appears in 2 contracts

Samples: Credit Agreement (Flow International Corp), Credit Agreement (Flow International Corp)

Keeping of Books and Records. The Borrower willshall keep, and will shall cause each Subsidiary toof its Subsidiaries to keep, keep adequate records and books of account in which complete entries will be made, in accordance with GAAP, reflecting all of its financial transactions of the Borrower and its Subsidiariestransactions.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Hollywood Entertainment Corp), Revolving Credit Agreement (Hollywood Entertainment Corp)

Keeping of Books and Records. The Borrower will, shall keep and will maintain and shall cause each Subsidiary to, to keep adequate records and maintain financial books of record and account in which complete entries will be made, sufficient to permit Borrower to prepare consolidated and consolidating financial statements in accordance with GAAP, reflecting all financial transactions of the Borrower and its Subsidiaries.

Appears in 2 contracts

Samples: Credit Agreement (Micron Electronics Inc), Credit Agreement (Micron Electronics Inc)

Keeping of Books and Records. The Borrower willshall keep, and will shall cause each Subsidiary tothat is not an Inactive Subsidiary to keep, keep adequate records and proper books of account record and accounts, in which complete full, true and correct entries will shall be made, in accordance with GAAP, reflecting made of all financial transactions and the assets and business of the Borrower and its Subsidiarieseach such Subsidiary in accordance with GAAP consistently applied.

Appears in 1 contract

Samples: Revolving Credit Agreement (Minimed Inc)

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Keeping of Books and Records. The Borrower will, and will cause each Subsidiary to, keep adequate records and books of account in which complete entries will be made, in accordance with GAAP, reflecting in all material respects all financial transactions of the Borrower and its Subsidiaries.

Appears in 1 contract

Samples: Loan Agreement (Elandia International Inc.)

Keeping of Books and Records. The Borrower will, will keep and will cause each Subsidiary to, to keep adequate records and books of account in which complete entries will be made, in accordance with GAAPGAAP or if GAAP is not applicable to a foreign Subsidiary, in accordance with the accounting practices applicable to such Subsidiary, reflecting all financial transactions of the Borrower and its Subsidiaries.

Appears in 1 contract

Samples: Loan Agreement (Merix Corp)

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