Common use of Reconciliation and Adjustment of Inventories Clause in Contracts

Reconciliation and Adjustment of Inventories. Reconciliation of inventory shall be made by Contractor and Georgian Oil and a list of overages and shortages shall be jointly determined by Contractor and Georgian Oil, and the inventory accordingly adjusted by Contractor.

Appears in 1 contract

Sources: Production Sharing Agreement (Canargo Energy Corp)

Reconciliation and Adjustment of Inventories. Reconciliation of inventory shall be made by Contractor and Georgian Oil and a list of overages and shortages shall be jointly determined by Contractor and Georgian Oil, and the inventory accordingly adjusted by Contractor.. 84 SECTION V

Appears in 1 contract

Sources: Production Sharing Contract (Canargo Energy Corp)

Reconciliation and Adjustment of Inventories. Reconciliation of inventory shall be made by Contractor and Georgian Oil and a list of overages and shortages shall be jointly determined by Contractor and Georgian Oil, and the inventory accordingly adjusted by Contractor.. 81 SECTION V

Appears in 1 contract

Sources: Production Sharing Contract (Canargo Energy Corp)