Common use of Statement of Indebtedness Clause in Contracts

Statement of Indebtedness. In the event of dispute a statement signed by the Chief Executive Officer; Executive Manager Tourism and Business Development or Chief Financial Officer of the Authority reflecting: 24.4.1. any monies owing by the Licensee to the Authority under this Licence; 24.4.2. any obligations owing by the Licensee to the Authority under this Licence; and 24.4.3. the due date for payment of such monies or for performance of such obligations 24.5. shall be prima facie proof thereof.

Appears in 2 contracts

Sources: PPP Agreement, PPP Agreement