Maintenance of Records and Properties. Borrower shall keep adequate records and books of account in which complete entries will be made in accordance with Accounting Standards. Borrower shall maintain, keep and preserve all of its properties (tangible and intangible) necessary or useful in the proper conduct of its business in good working order and condition, ordinary wear and tear excepted.
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Samples: Loan Agreement (inContact, Inc.), Loan Agreement (inContact, Inc.), Loan Agreement (inContact, Inc.)
Maintenance of Records and Properties. Borrower shall keep adequate records and books of account in which complete entries will be made in accordance with Accounting Standardsgenerally accepted accounting principles consistently applied, reflecting all financial transactions of Borrower. Borrower shall maintain, keep and preserve all of its properties (tangible and intangible) necessary or useful in the proper conduct of its business in good working order and condition, ordinary wear and tear excepted.
Appears in 3 contracts
Samples: Loan Agreement (Security National Financial Corp), Loan Agreement (Cirtran Corp), Loan Agreement (Q Comm International Inc)
Maintenance of Records and Properties. Borrower Borrowers shall keep adequate records and books of account in which complete entries will be made in accordance with Accounting Standards. Borrower Borrowers shall maintain, keep and preserve all of its their material properties (tangible and intangible) necessary or useful in the proper conduct of its business in good working order and condition, ordinary wear and tear excepted.
Appears in 2 contracts
Samples: Loan Agreement (Black Diamond, Inc.), Loan Agreement (Clarus Corp)
Maintenance of Records and Properties. Borrower and the Subsidiaries shall keep adequate records and books of account in which complete entries will be made in accordance with Accounting Standardsgenerally accepted accounting principles consistently applied, reflecting all financial transactions of Borrower and the Subsidiaries. Borrower shall maintain, keep and preserve preserve, and cause the Subsidiaries to maintain, keep and preserve, all of its their respective properties (tangible and intangible) necessary or useful in the proper conduct of its business their businesses in good working order and condition, ordinary wear and tear excepted.
Appears in 2 contracts
Samples: Loan Agreement (1 800 Contacts Inc), Security Agreement (1 800 Contacts Inc)
Maintenance of Records and Properties. Borrower shall keep adequate records and books of account in which complete entries (in all material respects) will be made in accordance with Accounting StandardsGAAP consistently applied. Borrower shall maintain, keep and preserve all of its properties (tangible and intangible) necessary or useful in the proper conduct of its business in good working order and condition, ordinary wear and tear and obsolescence excepted.
Appears in 1 contract
Samples: Loan Agreement (Lifevantage Corp)
Maintenance of Records and Properties. Borrower shall keep adequate records and books of account accounts in which complete entries will be made in a manner sufficient to prepare financial statements in accordance with Accounting StandardsGAAP consistently applied, reflecting all financial transactions of Borrower. Borrower shall maintain, keep and preserve all of its properties (tangible and intangible) necessary or useful in the proper conduct of its business in good working order and condition, ordinary wear and tear excepted, except where the failure to do so could not reasonably be expected to result in a Material Adverse Effect.
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