Common use of Periodic Reports and Statements Clause in Contracts

Periodic Reports and Statements. Operator will analyze operating costs for control purposes, prepare cash and movements forecasts, and will furnish monthly financial statements and such other reports, statistics, and statements relative to the operation of the Systems as MPC may reasonably request or as may be required by its financial commitments now in existence or hereafter entered into. Operator will prepare and file or assist in the preparation and filing with the appropriate regulatory agencies, in the name of MPC, all reports required by law in connection with the ownership and operation of the Systems as provided in Section 3.1.