Common use of Proof of Investment Clause in Contracts

Proof of Investment. The Buyer shall ensure every year to the Seller a valid proof on the actual investments as determined in the Investment Obligation provision. This proof shall have to be ensured for each Annual meeting. The Buyer shall, upon request from the Seller, present the annual balance sheet within 15 (fifteen) days from its adoption at the Annual convention.

Proof of Investment. The Buyer shall ensure every year to the Seller a valid proof on the actual investments as determined in the Investment Obligation provision. This proof shall have to be ensured for each Annual meeting. The Buyer shallmeeting by the Buyer, upon request from the Seller, present the annual balance sheet and Income Statement within 15 (fifteen) days from its adoption at the Annual convention.