Common use of Proper Records Clause in Contracts

Proper Records. It shall at all times keep proper books of records and accounts in which full, true and correct entries shall be made of its transactions in accordance with GAAP and set aside on its books from its earning for each fiscal year all such proper reserves in accordance with GAAP.

Appears in 3 contracts

Sources: Loan and Security Agreement (North Haven Private Income Fund LLC), Loan and Servicing Agreement (MSD Investment Corp.), Loan and Security Agreement (North Haven Private Income Fund LLC)

Proper Records. It shall at At all times keep proper books of records and accounts in which full, true and correct entries shall be made of its transactions in accordance with GAAP and set aside on its books from its earning for each fiscal year all such proper reserves in accordance with GAAP.

Appears in 1 contract

Sources: Credit Agreement (BlackRock Monticello Debt Real Estate Investment Trust)

Proper Records. It shall at all times keep proper books of records and accounts in which full, true and correct entries shall be made of its transactions in accordance with GAAP and set aside on its books from its earning earnings for each fiscal year all such proper reserves in accordance with GAAP.

Appears in 1 contract

Sources: Facility Agreement (AB Private Credit Investors Corp)