Common use of System of Accounting Clause in Contracts

System of Accounting. The Corporation shall maintain a system of accounting established and administered in accordance with generally accepted accounting principles.

Appears in 3 contracts

Samples: Investors’ Rights Agreement (Exagen Inc.), Investors’ Rights Agreement (Exagen Diagnostics Inc), Investors’ Rights Agreement (Exagen Diagnostics Inc)

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System of Accounting. The Corporation 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 to set aside on its books all such proper reserves as shall be required by generally accepted accounting principles.

Appears in 2 contracts

Samples: Note Purchase Agreement (Quantum Epitaxial Designs Inc), Note and Warrant Purchase Agreement (Quantum Epitaxial Designs Inc)

System of Accounting. The Corporation Company shall maintain a system of accounting established and administered in accordance with generally accepted accounting principles.

Appears in 1 contract

Samples: Shareholders' and Voting Agreement (Americasdoctor Com Inc)

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System of Accounting. The Corporation shall maintain a system of accounting established and administered in accordance with generally accepted accounting principlesprinciples consistently applied, and shall set aside on its books all such proper reserves as shall be required by generally accepted accounting principles consistently applied.

Appears in 1 contract

Samples: Stockholders & Registration Rights Agreement (Collagenex Pharmaceuticals Inc)

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