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Common use of Records and Books Clause in Contracts

Records and Books. Borrower shall keep adequate records and books of account with respect to its business activities in which proper entries are made in accordance with GAAP reflecting all of its financial transactions.

Appears in 3 contracts

Sources: Loan Agreement (Procaccianti Hotel Reit, Inc.), Loan Agreement (STW Resources Holding Corp.), Loan Agreement (STW Resources Holding Corp.)

Related Clauses

  • Records and Books of Account
  • Offices, Records and Books of Account, Etc
  • Keeping of Records and Books of Account
  • Inspection of Property and Books and Records
  • Books Records and Reports

Parent Clauses

  • Other
  • Marketing Coordination and Sales Administration
  • COVENANTS
  • Licensing and Appointment Guide
  • Additional Covenants

Sub-Clauses

  • Inspection of Records
  • Record of Voting Trust Certificates
  • Record of Shares
  • Other Records
  • Binding Effect
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