Common use of True Books Clause in Contracts

True Books. Keep true books of record and account in which full, true and correct entries will be made in all material respects of all of its dealings and transactions in accordance with customary business practices in order to prepare its financial statements in accordance with GAAP.

Appears in 3 contracts

Samples: Credit Agreement (Autonation, Inc.), Credit Agreement (Autonation, Inc.), Letter Agreement (Autonation, Inc.)

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True Books. Keep true books of record and account in which full, true and correct entries will be made in all material respects of all of its dealings and transactions in accordance with customary business practices in order to prepare its financial statements in accordance with GAAP.

Appears in 2 contracts

Samples: Credit Agreement (Autonation, Inc.), Credit Agreement (Autonation, Inc.)

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True Books. Keep true books of record and account in accordance with commercially reasonable business practices in which full, true and correct entries will be are made in all material respects of all of its dealings and transactions in accordance all material respects, and set up and maintain on its books such reserves as may be required by GAAP with customary respect to doubtful accounts and all taxes, assessments, charges, levies and claims and with respect to its business practices in order to prepare general, and include such reserves in its quarterly as well as year end financial statements in accordance with GAAPstatements.

Appears in 2 contracts

Samples: Subordinated Credit Agreement (Town Sports International Inc), Loan Agreement (Enlighten Software Solutions Inc)

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