Common use of Records and Books of Account Clause in Contracts

Records and Books of Account. Each of the Borrowers and the Guarantor shall keep adequate records and books of account in which complete entries will be made in accordance with GAAP, reflecting all financial transactions required by GAAP to be so reflected.

Appears in 3 contracts

Samples: Security Agreement (Security Capital Corp/De/), Loan Agreement (Security Capital Corp/De/), Loan Agreement (Security Capital Corp/De/)

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Records and Books of Account. Each of the Borrowers Borrower and the Guarantor Guarantors shall keep adequate records and books of account in which complete entries will be made in accordance with GAAP, reflecting all financial transactions required by GAAP to be so reflected.

Appears in 1 contract

Samples: Security Agreement (Security Capital Corp/De/)

Records and Books of Account. Each of the Borrowers Borrower and the Guarantor PHI shall keep adequate records and books of account in which complete entries will be made in accordance with GAAP, reflecting all financial transactions required by GAAP to be so reflected.

Appears in 1 contract

Samples: Loan Agreement (Security Capital Corp/De/)

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Records and Books of Account. Each of the Borrowers and the Guarantor shall keep adequate records and books of account in which complete entries will be made in accordance with GAAP, reflecting all financial transactions required by GAAP to be so reflected.

Appears in 1 contract

Samples: Loan Agreement (Security Capital Corp/De/)

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