Reconciliation and Adjustment of Inventories. Reconciliation of inventory with the Operating Account shall be made and a list of overages and shortages shall be furnished to ROC. Inventory adjustments shall be made by Contractor and Operator to the Operating Account if required; provided, however, that any inventory adjustment exceeding a value of one thousand Dollars (US$1,000) shall be reported to ROC.
Appears in 6 contracts
Sources: Development and Production Contract, Development and Production Contract, Development and Production Contract
Reconciliation and Adjustment of Inventories. Reconciliation of inventory with the Operating Account shall be made and a list of overages and shortages shall be furnished to ROC. Inventory adjustments shall be made by Contractor and Operator to the Operating Account if required; provided, however, that any inventory adjustment exceeding a value of one ten thousand Dollars (US$1,00010,000) shall be reported to ROC.
Appears in 3 contracts
Sources: Development and Production Service Contract, Technical Service Contract, Gas Development and Production Service Contract
Reconciliation and Adjustment of Inventories. Reconciliation of inventory with the Operating Account shall be made and a list of overages and shortages shall be furnished to ROC. Inventory adjustments shall be made by Contractor and Operator to the Operating Account if required; provided, however, that any inventory adjustment exceeding a value of one ten thousand Dollars (US$1,000US$ 10,000) shall be reported to ROC.
Appears in 1 contract
Sources: Exploration, Development and Production Service Contract
Reconciliation and Adjustment of Inventories. Reconciliation of inventory with the Operating Account shall be made and a list of overages and shortages shall be furnished to ROC. Inventory adjustments shall be made by Contractor and Operator to the Operating Account if required; provided, however, that any inventory adjustment exceeding a value of one ten thousand Dollars USD (US$1,00010,000) shall be reported to ROC.
Appears in 1 contract
Sources: Technical Service Contract