Honeywell 2004 Annual Report Download - page 181

Subsidiary with any of their officers or directors and with their
independent certified public accountants.
(f) Keeping of Books. Keep, and cause each Designated Subsidiary to
keep, proper books of record and account, in which full and correct
entries shall be made of all financial transactions and the assets and
business of the Company and each Designated Subsidiary in accordance with
generally accepted accounting principles in effect from time to time.
(g) Maintenance of Properties, Etc. Maintain and preserve, and cause
each Designated Subsidiary to maintain and preserve, all of its properties
that are used or useful in the conduct of its business in good working
order and condition, ordinary wear and tear excepted; provided, however,
that neither the Company nor any of its Designated Subsidiaries shall be
required to maintain or preserve any property if the failure to maintain
or preserve such property shall not have a Material Adverse Effect.
(h) Reporting Requirements. Furnish to the Agent (with a copy for
each Lender) and the Agent shall promptly forward the same to the Lenders:
(i) as soon as available and in any event within 60 days after
the end of each of the first three quarters of each fiscal year of
the Company, a Consolidated balance sheet of the Company and its
Consolidated Subsidiaries as of the end of such quarter and a
Consolidated statement of income and cash flows of the Company and
its Consolidated Subsidiaries for the period commencing at the end
of the previous fiscal year and ending with the end of such quarter,
setting forth in each case in comparative form the corresponding
figures as of the corresponding date and for the corresponding
period of the preceding fiscal year, all in reasonable detail and
certified by the principal financial officer, principal accounting
officer, the Vice-President and Treasurer or an Assistant Treasurer
of the Company, subject, however, to year-end auditing adjustments,
which certificate shall include a statement that such officer has no
knowledge, except as specifically stated, of any condition, event or
act which constitutes a Default;
(ii) as soon as available and in any event within 120 days
after the end of each fiscal year of the Company, a Consolidated
balance sheet of the Company and its Consolidated Subsidiaries as of
the end of such fiscal year and the related Consolidated statements
of income and cash flows of the Company and its Consolidated
Subsidiaries for such fiscal year setting forth in each case in
comparative form the corresponding figures as of the close of and
for the preceding fiscal year, all in reasonable detail and
accompanied by an opinion of independent public accountants of
nationally recognized standing, as to said financial statements and
a certificate of the principal financial officer, principal
accounting officer, the Vice-President and Treasurer or an Assistant
Treasurer of the Company stating that such officer has no knowledge,
except as specifically stated, of any condition, event or act which
constitutes a Default;
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