Common use of Records and Accounts Clause in Contracts

Records and Accounts. Each Borrower will (i) keep true and accurate records and books of account in which full, true and correct entries will be made in accordance with generally accepted accounting principles, (ii) maintain adequate accounts and reserves for all taxes (including income taxes), depreciation, depletion, obsolescence and amortization of its properties, contingencies, and other reserves, and (iii) at all times engage the Accountants as the independent certified public accountants of the Borrowers.

Appears in 9 contracts

Samples: Revolving Credit and Term Loan Agreement (Waste Connections, Inc.), Credit Agreement (Waste Connections, Inc.), Term Loan Agreement (Waste Connections, Inc.)

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Records and Accounts. Each The Borrower will (ia) keep true and accurate (in all material respects) records and books of account in which full, true and correct entries (in all material respects) will be made in accordance with generally accepted accounting principles, Generally Accepted Accounting Principles and (iib) maintain adequate accounts and reserves for all taxes (including income taxes), depreciation, depletion, obsolescence depreciation and amortization of its properties, contingencies, and other reserves, and (iii) at all times engage the Accountants as the independent certified public accountants of the Borrowers.

Appears in 5 contracts

Samples: Unsecured Revolving Credit Agreement (Amerivest Properties Inc), Unsecured Revolving Credit Agreement (Amerivest Properties Inc), Revolving Credit Agreement (Amerivest Properties Inc)

Records and Accounts. Each Borrower will (i) keep true and accurate records and books of account in which full, true and correct entries will be made in accordance with generally accepted accounting principles, (ii) maintain adequate accounts and reserves for all taxes (including income taxes), depreciation, depletion, obsolescence and amortization of its propertiesproperties and the properties of its Subsidiaries, contingencies, and other reserves, and (iii) at all times engage the Accountants as the independent certified public accountants of the Borrowers.

Appears in 4 contracts

Samples: Revolving Credit Agreement (Waste Industries Usa Inc), Revolving Credit Agreement (Waste Industries Usa Inc), Revolving Credit Agreement (Waste Industries Usa Inc)

Records and Accounts. Each The Borrower will (ia) keep true and accurate records and books of account in which full, true and correct entries will be made in accordance with generally accepted accounting principlesGenerally Accepted Accounting Principles, which records and books will not be maintained on a consolidated basis with those of any other Person, including any Affiliate of the Borrower and (iib) maintain adequate accounts and reserves for all taxes (including income taxes), depreciation, depletion, obsolescence depreciation and amortization of its properties, contingencies, and other reserves, and (iii) at all times engage the Accountants as the independent certified public accountants of which accounts shall not be commingled with accounts of any other Person, including any or Affiliate of the BorrowersBorrower.

Appears in 3 contracts

Samples: Bond Issuance and Pledge Agreement, Loan Agreement, Loan Agreement

Records and Accounts. Each The Borrower will (ia) keep true and accurate records and books of account in which full, true and correct entries will be made in accordance with generally accepted accounting principles, principles and (iib) maintain adequate accounts and reserves for all taxes (including income taxes), depreciation, depletion, obsolescence and amortization of its properties, contingencies, and other reserves, and (iii) at all times engage the Accountants as the independent certified public accountants of the Borrowers.

Appears in 3 contracts

Samples: Commercial Loan Agreement (Birmingham Utilities Inc), Commercial Loan Agreement (Cas Medical Systems Inc), Credit Agreement (Boston Celtics Limited Partnership)

Records and Accounts. Each Borrower will (i) keep true and accurate records and books of account in which full, true and correct entries will be made in accordance with generally accepted accounting principles, (ii) maintain adequate accounts and reserves for all taxes (including income taxes), depreciation, depletion, obsolescence and amortization of its properties, contingencies, and other reserves, and (iii) at all times engage the Accountants as the independent certified public accountants of the Borrowers.and

Appears in 3 contracts

Samples: Revolving Credit Agreement (Waste Connections Inc/De), Revolving Credit and Term Loan Agreement, Revolving Credit Agreement (Waste Connections Inc/De)

Records and Accounts. Each The Borrower will (ia) keep true and accurate records and books of account in which full, true and correct entries will be made in accordance with generally accepted accounting principles, principles and (iib) maintain adequate accounts and reserves for all taxes (including income taxes), depreciation, depletion, obsolescence and amortization of its propertiesproperties and the properties of its Subsidiaries, contingencies, and other reserves, and (iii) at all times engage the Accountants as the independent certified public accountants of the Borrowers.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Provant Inc), Revolving Credit Agreement (Bridgestreet Accommodations Inc)

Records and Accounts. Each The Borrower will (ia) keep true and accurate records and books of account in which full, true and correct entries will be made in accordance with generally gener­ally accepted accounting principles, principles and (iib) maintain adequate accounts and reserves for all taxes (including income taxes), depreciation, depletion, obsolescence depreciation and amortization of its properties, contingencies, and other reserves, and (iii) at all times engage the Accountants as the independent certified public accountants of the Borrowers.

Appears in 2 contracts

Samples: Construction Loan and Security Agreement (Griffin Land & Nurseries Inc), Construction Loan and Security Agreement (Griffin Land & Nurseries Inc)

Records and Accounts. Each Borrower will (ia) keep true and accurate records and books of account in which full, true and correct entries will be made in accordance with generally accepted accounting principles, principles and (iib) maintain adequate accounts and reserves for all taxes (including income taxes), depreciation, depletion, obsolescence and amortization of its properties, contingencies, contingencies and other reserves, and (iii) at all times engage the Accountants as the independent certified public accountants of the Borrowers.

Appears in 1 contract

Samples: Credit Agreement (Compudyne Corp)

Records and Accounts. Each The Borrower will (i) keep true and accurate -------------------- records and books of account in which full, true and correct entries (including entries of all transactions with Affiliates) will be made in accordance with generally accepted accounting principles, (ii) and will maintain adequate accounts and reserves for all taxes (including income taxes), all depreciation, depletion, obsolescence and amortization of its properties, contingencies, and all other reserves, and (iii) at all times engage the Accountants as the independent certified public accountants of the Borrowers.

Appears in 1 contract

Samples: Loan Agreement (Excel Inc)

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Records and Accounts. Each The Borrower will (ia) keep keep, true and -------------------- accurate records and books of account in which full, true and correct entries will be made in accordance with generally accepted accounting principles, principles and (iib) maintain adequate accounts and reserves for all taxes (including income taxes), depreciation, depletion, obsolescence depreciation and amortization of its properties, contingencies, contingencies and other reserves, and (iii) at all times engage the Accountants as the independent certified public accountants of the Borrowers.

Appears in 1 contract

Samples: Loan Agreement (Copley Pharmaceutical Inc)

Records and Accounts. Each Borrower will shall (ia) keep true and accurate records and books of account in which full, true and correct entries will shall be made in accordance with generally accepted accounting principles, principles and (iib) maintain adequate accounts and reserves for all taxes (including income taxes), depreciation, depletion, obsolescence and amortization of its propertiesProperties, contingencies, and other reserves, and (iii) at all times engage the Accountants as the independent certified public accountants of the Borrowers.

Appears in 1 contract

Samples: Loan Agreement (Omnipoint Corp \De\)

Records and Accounts. Each The Borrower will (ia) keep true and accurate -------------------- records and books of account in which full, true and correct entries will be made in accordance with generally accepted accounting principles, principles and (iib) maintain adequate accounts and reserves for all taxes (including income taxes), depreciation, depletion, obsolescence depreciation and amortization of its properties, contingencies, and other reserves, and (iii) at all times engage the Accountants as the independent certified public accountants of the Borrowers.

Appears in 1 contract

Samples: Loan Agreement (Jameson Inns Inc)

Records and Accounts. Each of the Guarantor and the Borrower will (ia) keep true and accurate records and books of account in which full, true and correct entries will be made in accordance with generally accepted accounting principles, Generally Accepted Accounting Principles and (iib) maintain adequate accounts and reserves for all taxes (including income taxes), depreciation, depletion, obsolescence and amortization of its properties, properties contingencies, and other reserves, and (iii) at all times engage the Accountants as the independent certified public accountants of the Borrowers.

Appears in 1 contract

Samples: Construction and Term Loan Agreement (Trailer Bridge Inc)

Records and Accounts. Each The Borrower will (ia) keep true and accurate records and books of account in which full, true and correct entries in all material respects will be made in accordance with generally accepted accounting principles, principles and (iib) maintain adequate accounts and reserves for all taxes (including income taxes), depreciation, depletion, obsolescence and amortization of its properties, contingencies, and other reserves, and (iii) at all times engage the Accountants as the independent certified public accountants of the Borrowers.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Arrow Automotive Industries Inc)

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