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.
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Samples: Loan Agreement (North Atlantic Trading Co Inc), Loan Agreement (North Atlantic Trading Co Inc)
System of Accounting. The Borrower and the Subsidiaries Guarantors 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 SubsidiariesGuarantors' businesses and affairs, and will set aside on their books all such proper reserves as shall be required by GAAP.
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System of Accounting. The Borrower and the Subsidiaries Guarantors 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 SubsidiariesGuarantors' businesses and affairs, and will set aside on their books all such proper reserves as shall be required by GAAP.
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