Common use of Internal Control System Clause in Contracts

Internal Control System. The Group Parties shall cause each Group Company to maintain the books and records in accordance with sound business practices and implement and maintain an adequate system of procedures and controls with respect to finance, management, and accounting that meets international standards of good practice and is reasonably satisfactory to Class B Majority Holders.

Internal Control System. The Group Parties shall cause each Each Group Company to shall maintain the books and records in accordance with sound business practices and implement and maintain an adequate system of procedures and controls with respect to finance, management, and accounting that meets international standards of good practice and is reasonably satisfactory to Class B Majority Holdersa majority of the Board (which majority shall include a majority of Preferred Directors).

Internal Control System. The Group Parties shall cause each Each Group Company to shall maintain the books and records in accordance with sound business practices and implement and maintain an adequate system of procedures and controls with respect to finance, management, and accounting that meets international standards standard of good practice and is reasonably satisfactory to Class B Series A Majority Holders.