System of Accounting. The Corporation shall maintain, and cause each of its subsidiaries, when and if any shall exist, to maintain, its books of accounts, related records and system of accounting in accordance with good business practices and generally accepted accounting principles, and shall cause the matters contained therein to be appropriately and accurately reflected in the financial reports (which shall be prepared in accordance with generally accepted accounting principles) furnished pursuant to this Agreement.
System of Accounting. The books of account and other financial and corporate records of the Corporation and its Subsidiaries shall be maintained in accordance with good business and accounting practices and the financial condition of the Corporation shall be accurately reflected in the financial statements referred to in this Section.
System of Accounting. The Corporation shall maintain a system of accounting established and administered in accordance with generally accepted accounting principles.
System of Accounting. The Borrower and the Subsidiaries will maintain a standard, modern system of accounting established and administered in accordance with GAAP consistently applied, in which full, true and correct entries shall be made of all dealings and transactions in relation to the Borrower's and the Subsidiaries' businesses and affairs, and will set aside on their books all such proper reserves as shall be required by GAAP.
System of Accounting. The Borrower shall maintain the percentage-of-completion accounting policies relative to change orders and work-in-progress as in effect on the Closing Date and shall in any event maintain a system of accounting established and administered in accordance with sound business practices to permit preparation of financial statements in conformity with GAAP (except as may be otherwise required pursuant to Section 1.4), and each of the financial statements described below shall be prepared from such system and records.
System of Accounting. Borrower shall maintain a system of accounting satisfactory to Lender and in substantial accordance with GAAP applied on a Consistent Basis. All books and records of Borrower shall be maintained at its Executive Office designated herein.
System of Accounting. The Company shall maintain a system of accounting established and administered in accordance with generally accepted accounting principles, and will set aside on its books and cause each of its subsidiaries, if any, to set aside on its books all such proper reserves as shall be required by generally accepted accounting principles.
System of Accounting. The Company shall maintain its books of -------------------- account and other financial and corporate records in accordance with good business and accounting practices and the financial condition of the Company.
System of Accounting. Borrower will maintain a system of accounting established and administered in accordance with sound business practices to (i) permit preparation of financial statements on an accrual basis consistent with industry standards and substantially in accordance with GAAP, and (ii) provide the information required to be delivered to Administrative Agent hereunder.
System of Accounting. The Company shall maintain a system of accounting established and administered in accordance with GAAP, and shall set aside on its books all such proper reserves as shall be required by GAAP consistently applied.
