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HomeMy WebLinkAbout1239 . • ~ _ ~ ~ ~ ~ ~ ~ ~ Payment oi m~y fnstallma~t of pdnclpal ar Jnt~te~t owl~q aa this Not~ awy be mads pricr to tM mat~alt~r date cc~not wltb- 4 ont p.~alty, ~ . Af$n~atl~e Coveaa~t~. - Tlis Undsrslqn~d cowt~ants m~d aQ~es that, ~a?tll the paym~nt !n tdl of the cna~e~rs owinq or thfs Nob, the Undersf9*~d v+ill: - 1. (a) Keep prop~c books ot acoaud !n a~ner satisfactocy to Holder, (b) Autborise at Und~ssl~ed's ~speas~ tnsp~c- tion and audits ~y iiold~r of any boats. cecads and ~ers in ~hs coaeody ar contrd ot Uuder.syn.d ar ott~s, rr - latinq to Und~s~iqnsd'~ ilnancial at buslness woditlons; includic~q th~ m~laq of copf~s Urnof und ob~trocts thu~bran md losp~ction and appcaLal oi aay of Underslqn~d'~ askb. 2. Dsllver to Hold~r Mcwt within ~S daps aftK th~ ~nd ot wcb flscol onnual perlod, a bailm+c~ sh~t oi t!r l,hid~ sfc~eJ w ot sud? date and a pcoEit and loss statem~nt of t!~ Und~rsfqrnd far sueh ilsoal p~rlod, in i~otm satlnfna tory to the Hold~t }~r~oi: ~ - 3. D~liwr to Ho1dK h~r~oi with r~asonabb promptr~ss such otbec tl~sncfol data art sueb times and in sucfi foro os • Wo1dK may ~eqwsti Pay dl tases, a~s~uments and othsc qorernmental c1~ae~qss to whlch th~ Undenlqrrd. o~ tM pcop~ty o[ tAs Ur?d~r- stQ~sd, is ar ~1w11 b~ sub~ect bsioee such chorq~s b~conr d~linqwnt, e:cvpt tbat ~o such chaq~ n~~d b~ paW w - lonq os ib raUdity or oenount shull bs conbsbd !n qood taith bp oppropr/ot~ ptoc^~dlrqs and tM Urd~nlqn~d sbil Aow s~t up on th~ books of t!K Urd~csiqn~d auch ns~cv~ rrlth resp~ct thK~to as shall D~ rpulnd by wud . accountinq practlc~s; S. K«p aU oi th~~ »al ond tanqiW~ p~sonol ptop~rtY ot-t!N Uod~esfarwd !r?~~s~d fn such ana~u?b and aqaln~t auch css1~. a. mor b. .atl.tact«~? eo th. Hoid.r « as commonty 1n.~t.d oqolnsc m eh. sam. ar.a. br own.n ot ~~milar p~opKtr. aad awlnqln in lorc~ pollci~s of lns~ronc~, satLfoc{ory to Holdw, oqoln~t lbbilltr 1ar d~a~wq~ W P~~~ a Dr~ty ard ~nd~t all applicubl~ wot~~wn~s coa~pa~vtfon lows. 6. tJk d+~ proo~~ ot th~ lomi soi~lr tar th~ P~ Wixo~nd fa tb~ AutAaisotyoa Ior th~ [.oon t~swd ~o Bo.~k by Smoli Bwl~w~ Adalnfsbation (lr~e~tnotar call~d "SSA"1. s~A fORM !~O 110~~) 1~t~: MO ~fo-tA lOITIOM OF ~t MILL •t Vi[O NMTIL STOCK 1! txNA~JiTtG TAK.~? - - .-a . - , - . . . _ _ _ - - - -