Common use of True Books Clause in Contracts

True Books. Each Borrower will keep proper and true books of record and account, reasonably satisfactory to the Agent, in which full, true, and correct entries will be made of all of its dealings and transactions, and establish on its books such reserves as may be required by Generally Accepted Accounting Principles with respect to all taxes, assessments, charges, levies, and claims referred to in Section 6.8 hereof, and with respect to its business in general, and will include such reserves in any interim as well as year-end financial statements.

Appears in 4 contracts

Samples: Credit Agreement (Commercial Net Lease Realty Inc), Credit Agreement (Commercial Net Lease Realty Inc), Revolving Line of Credit and Security Agreement (Commercial Net Lease Realty Inc)

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True Books. Each Borrower will (and will cause its respective Subsidiaries and Controlled Affiliates to) keep proper and true books of record and account, reasonably satisfactory to the Agent, in which full, true, and correct entries will be made of all of its dealings and transactions, and establish on its books such reserves as may be required by Generally Accepted Accounting Principles with respect to all taxes, assessments, charges, levies, and claims referred to in Section 6.8 hereofclaims, and with respect to its business in general, and will include such reserves in any interim as well as year-end financial statementsFinancial Statements.

Appears in 1 contract

Samples: Credit Agreement (Arvida JMB Partners L P)

True Books. Each Borrower will keep proper and true books of record and account, reasonably satisfactory to the Agent, in which full, true, and correct entries will be made of all of its dealings and transactions, and establish on its books such reserves as may be required by Generally Accepted Accounting Principles with respect to all taxes, assessments, charges, levies, and claims referred to in Section 6.8 hereof, and with respect to its business in general, and will include such reserves in any interim as well as year-end financial statements.with

Appears in 1 contract

Samples: Revolving Line of Credit and Security Agreement (Commercial Net Lease Realty Inc)

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True Books. Each Borrower will keep proper and true books of record and account, reasonably satisfactory to the Administrative Agent, in which full, true, and correct entries will be made of all of its dealings and transactions, and establish on its books such reserves as may be required by Generally Accepted Accounting Principles with respect to all taxes, assessments, charges, levies, and claims referred to in Section 6.8 Subsection 6.7 hereof, and with respect to its business in general, and will include such reserves in any interim as well as year-end financial statements.

Appears in 1 contract

Samples: Credit Agreement (Flanders Corp)

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