Common use of Proper accounts Clause in Contracts

Proper accounts. Each Transaction Party must: (a) keep accounting records which give a true and fair view of its financial condition and state of affairs; and (b) ensure that the accounts it provides under clause 8.6 are prepared in accordance with the Accounting Standards.

Appears in 2 contracts

Samples: Facility Agreement (Apollo Gold Corp), Facility Agreement (Apollo Gold Corp)

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Proper accounts. Each Transaction Party must: (a) keep accounting records which give a true and fair view of its financial condition and state of affairs; and (b) ensure that the accounts it provides under clause 8.6 β€Ž9.1(a), (b) or (c) are prepared in accordance with the Accounting Standards.

Appears in 1 contract

Samples: Syndicated Convertible Loan Facility Agreement (Samson Oil & Gas LTD)

Proper accounts. Each Transaction Party must: (a) keep accounting records which give a true and fair view of its financial condition and state of affairs; and (b) ensure that the accounts it provides under clause 8.6 to BOQ Specialist are prepared in accordance with the Accounting StandardsStandards and the Laws of its domicile.

Appears in 1 contract

Samples: Bank Guarantee Facility General Terms and Conditions

Proper accounts. Each Transaction Party must: (a) keep accounting records which give a true and fair view of its financial condition and state of affairs; and (b) ensure that the accounts it provides under clause 8.6 9.6 are prepared in accordance with the Accounting Standards.

Appears in 1 contract

Samples: Facility Agreement (Bullfrog Gold Corp.)

Proper accounts. Each Transaction Party must: (a) keep accounting records which give a true and fair view of its financial condition and state of affairs; andand Debt finance facility agreement (b) ensure that the accounts it provides under clause 8.6 10.2 are prepared in accordance with the Accounting Standards.

Appears in 1 contract

Samples: Debt Finance Facility Agreement (Olympus Pacific Minerals Inc)

Proper accounts. Each Transaction Party must: (a) keep accounting records which give a true and fair view of its financial condition and state of affairs; and; (b) ensure that the accounts it provides in respect of the Borrower under clause 8.6 9.6 are prepared in accordance with the Accounting Standards; and (c) ensure that the accounts it provides in respect of the Subsidiaries of the Borrower under clause 9.6 are prepared in accordance with the generally accepted accounting principles in the country in which they are incorporated.

Appears in 1 contract

Samples: Project Facility Agreement (Apollo Gold Corp)

Proper accounts. Each Transaction Party must: (a) keep accounting records which give a true and fair view of its financial condition and state of affairs; and (b) ensure that the accounts it provides under clause 8.6 4.1 are prepared in accordance with the Accounting Standards.

Appears in 1 contract

Samples: Common Terms Deed (Sims Metal Management LTD)

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Proper accounts. Each Transaction Party must: (a) keep accounting records which give a true and fair view of its financial condition and state of affairs; and; (b) ensure that the accounts it provides in respect of the Borrower under clause 8.6 10.6 are prepared in accordance with the Accounting Standards; and (c) ensure that the accounts it provides in respect of the Subsidiaries of the Borrower under clause 10.6 are prepared in accordance with the generally accepted accounting principles in the country in which they are incorporated.

Appears in 1 contract

Samples: Bridge Facility Agreement (Apollo Gold Corp)

Proper accounts. Each Transaction Party must: (a) keep accounting records which give a true and fair view of its financial condition and state of affairs; and (b) ensure that the accounts it provides under clause 8.6 9.7(a) are prepared guided by (but not certifiably in accordance with with) the Accounting Standards.

Appears in 1 contract

Samples: Facility Agreement (Neutron Energy, Inc.)

Proper accounts. Each Transaction Party must: (a) keep accounting records which give a true and fair view of its financial condition and state of affairs; and (b) ensure that the accounts it provides under clause 8.6 16.7(a) are prepared guided by (but not certifiably in accordance with with) the Accounting Standards.

Appears in 1 contract

Samples: Neutron Energy Facility Extension (Neutron Energy, Inc.)

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