Common use of Accounts and Reports Clause in Contracts

Accounts and Reports. Borrower will maintain a standard system of accounting in accordance with generally accepted accounting principles and practices and will furnish to Bank any financial reports or other information requested as normally prepared by the Borrower. At reasonable times Bank may inspect and copy Borrower’s books and records which relate to Bank’s collateral.

Appears in 4 contracts

Sources: Mortgage Warehouse Loan and Security Agreement, Mortgage Warehouse Loan and Security Agreement (William Lyon Homes), Mortgage Warehouse Loan and Security Agreement (William Lyon Homes)

Accounts and Reports. Borrower will maintain a standard system of accounting in accordance with generally accepted accounting principles and practices and will furnish to Bank any financial reports or other information requested as normally prepared by the Borrower. At reasonable times Bank may inspect and copy Borrower’s 's books and records which relate to Bank’s 's collateral.

Appears in 2 contracts

Sources: Mortgage Warehouse Loan and Security Agreement (William Lyon Homes), Mortgage Warehouse Loan and Security Agreement (William Lyon Homes)

Accounts and Reports. Borrower will maintain a standard system of accounting in accordance with generally accepted accounting principles and practices and will furnish to Bank Credit Union any financial reports or other information requested as normally prepared by the Borrower. At reasonable times Bank Credit Union may inspect and copy Borrower’s books and records which relate to Bank’s collateral.records.    

Appears in 2 contracts

Sources: Loan Agreement (Ministry Partners Investment Company, LLC), Loan and Security Agreement (Ministry Partners Investment Company, LLC)

Accounts and Reports. Borrower will maintain a standard system of accounting in accordance with generally accepted accounting principles and practices and will furnish to Bank Credit Union any financial reports or other information requested as normally prepared by the Borrower. At reasonable times Bank Credit Union may inspect and copy Borrower’s books and records which relate to Bank’s collateralrecords.

Appears in 1 contract

Sources: Loan and Security Agreement (Ministry Partners Investment Company, LLC)