Common use of Statements and ▇▇▇▇▇▇▇▇ Clause in Contracts

Statements and ▇▇▇▇▇▇▇▇. 2.1 The Operator shall, by invoice, charge each Participant with its Proportionate Share of Explorations Costs and Mine Costs in the manner provided in the Agreement. 2.2 The Operator shall deliver, with each invoice rendered for Costs incurred, a statement indicating: (a) all charges or credits to the Joint Account relating to Controllable Material in detail; and (b) all other charges and credits to the Joint Account summarized by appropriate classification indicative of the nature of the charges and credits. 2.3 The Operator shall delivery with each invoice for an advance of Costs a statement indicating: (a) the estimated Exploration Costs or, in the case of Mine Costs, the estimated cash disbursements to be made during the next succeeding month; (b) the addition thereto or subtraction therefrom, as the case may be, made in respect of Exploration Costs or Mine Costs actually having been incurred in an amount greater or lesser that the advance which was made by each Participant for the penultimate month preceding the month of the invoice; and (c) the advances made by each Participant to date and the Exploration Costs or Mine Costs incurred to the end of the penultimate month preceding the month of the invoice.

Statements and ▇▇▇▇▇▇▇▇. 2.1 The Operator shallwill, by invoice, charge each Participant with its Proportionate Share share of Explorations Exploration Costs and Mine Costs in the manner provided in the Agreement. 2.2 The Operator shall deliver, will deliver with each invoice rendered for Costs incurred, incurred a statement indicating: (a) all charges or credits to the Joint Account relating to Controllable Material in detailMaterial; and (b) all other charges and credits to the Joint Account summarized summarised by appropriate classification indicative of the nature of the charges and credits. 2.3 The Operator shall delivery will deliver with each invoice for an advance of Costs a statement indicating: (a) the estimated Exploration Expenditure Costs or, in the case of Mine Costs, Costs the estimated cash disbursements disbursements, to be made during the next succeeding month; (b) the addition thereto or subtraction therefromthere from, as the case may be, made in respect of Exploration Expenditure Costs or Mine Costs actually having been incurred in an amount greater or lesser that than the advance which was made by each Participant for the penultimate month preceding the month of the invoice; and (c) the advances made by each Participant to date and the Exploration Expenditure Costs or Mine Costs incurred to the end of the penultimate month preceding the month of the invoice.

Statements and ▇▇▇▇▇▇▇▇. 2.1 The Operator shallManager will, by invoice, charge each Participant with its Proportionate Share share of Explorations Exploration Costs and Mine Costs in the manner provided in the Agreement. 2.2 The Operator shall deliver, Manager will deliver with each invoice rendered for Costs incurred, incurred a statement indicating: (a) all charges or credits to the Joint Account relating to Controllable Material in detailMaterial; and (b) all other charges and credits to the Joint Account summarized summarised by appropriate classification indicative of the nature of the charges and credits. 2.3 The Operator shall delivery Manager will deliver with each invoice for an advance of Costs a statement indicating: (a) the estimated Exploration Expenditure Costs or, in the case of Mine Costs, Costs the estimated cash disbursements disbursements, to be made during the next succeeding month; (b) the addition thereto or subtraction therefromthere from, as the case may be, made in respect of Exploration Expenditure Costs or Mine Costs actually having been incurred in an amount greater or lesser that than the advance which was made by each Participant for the penultimate month preceding the month of the invoice; and (c) the advances made by each Participant to date and the Exploration Expenditure Costs or Mine Costs incurred to the end of the penultimate month preceding the month of the invoice.

Statements and ▇▇▇▇▇▇▇▇. 2.1 The Operator shallManager will, by invoice, charge each Participant with its Proportionate Share of Explorations Exploration Costs and Mine Costs in the manner provided in the Agreement. 2.2 The Operator shall Manager will deliver, with each invoice rendered for Costs incurred, incurred a statement indicating: (a) all charges or credits to the Joint Account relating to Controllable Material in detailMaterial; and (b) all other charges and credits to the Joint Account summarized by appropriate classification indicative of the nature of the charges and credits. 2.3 The Operator shall delivery Manager will deliver with each invoice for an advance of Costs a statement indicating: (a) the estimated Exploration Costs or, in the case of Mine Costs, Costs the estimated cash disbursements disbursements, to be made during the next succeeding month; (b) the addition thereto or subtraction therefromthere from, as the case may be, made in respect of Exploration Costs or Mine Costs actually having been incurred in an amount greater or lesser that than the advance which was made by each Participant for the penultimate month preceding the month of the invoice; and (c) the advances made by each Participant to date and the Exploration Costs or Mine Costs incurred to the end of the penultimate month preceding the month of the invoice.

Statements and ▇▇▇▇▇▇▇▇. 2.1 The Operator shall, by invoice, shall charge each Participant with its Proportionate Share of Explorations Exploration Costs and Mine Costs in the manner provided in sections and of the AgreementAgreement respectively. 2.2 The Operator shall deliver, deliver with each invoice rendered for Costs incurred, incurred a statement indicating: (a) all charges or credits to the Joint Account relating to Controllable Material in detailMaterial; and (b) all other charges and credits to the Joint Account summarized summarised by appropriate classification indicative of the nature of the charges and credits. 2.3 The Operator shall delivery deliver with each invoice for an advance of Costs a statement indicating: (a) the estimated Exploration Costs or, in the case of Mine Costs, Costs the estimated cash disbursements disbursements, to be made during the next succeeding month; (b) the addition thereto or subtraction therefrom, as the case may be, made in respect of Exploration Costs or Mine Costs actually having been incurred in an amount greater or lesser that than the advance which was made by each Participant for the penultimate month preceding the month of the invoice; and (c) the advances made by each Participant to date and the Exploration Costs or Mine Costs incurred to the end of the penultimate month preceding the month of the invoice.

Statements and ▇▇▇▇▇▇▇▇. 2.1 The Operator shall, by invoice, charge each Participant party with its Proportionate Share proportionate share of Explorations Exploration Costs and Mine Costs in the manner provided in the Agreement. 2.2 The Operator shall deliver, with each invoice rendered for Costs incurred, incurred a statement indicating: (a) all charges or credits to the Joint Account relating to Controllable Material in detail; and (b) all other charges and credits to the Joint Account summarized by appropriate classification indicative of the nature of the charges and credits. 2.3 The Operator shall delivery deliver with each invoice for an advance of Costs a statement indicating: (a) the estimated Exploration Costs or, in the case of Mine Costs, the estimated cash disbursements disbursements, to be made during the next succeeding month; (b) the addition thereto or subtraction therefrom, as the case may be, made in respect of Exploration Costs or Mine Costs actually having been incurred in an amount greater or lesser that than the advance which was made by each Participant party for the penultimate month preceding the month of the invoice; and (c) the advances made by each Participant party to date and the are Exploration Costs or Mine Costs incurred to the end of the penultimate month preceding the month of the invoice.

Statements and ▇▇▇▇▇▇▇▇. 2.1 The Operator shall, by invoice, charge each Participant with its Proportionate Share of Explorations Exploration Costs and Mine Costs in the manner provided in sections 7 and 15 of the Agreement. 2.2 Agreement respectively. The Operator shall deliver, with each invoice rendered for Costs incurred, incurred a statement indicating: (a) : all charges or credits to the Joint Account relating to Controllable Material in detail; and (b) and all other charges and credits to the Joint Account summarized summarised by appropriate classification indicative of the nature of the charges and credits. 2.3 . The Operator shall delivery deliver with each invoice for an advance of Costs a statement indicating: (a) : the estimated Exploration Costs or, in the case of Mine Costs, Costs the estimated cash disbursements disbursements, to be made during the next succeeding month; (b) ; the addition thereto or subtraction therefrom, as the case may be, made in respect of Exploration Costs or Mine Costs actually having been incurred in an amount greater or lesser that than the advance which was made by each Participant for the penultimate month preceding the month of the invoice; and (c) and the advances made by each Participant to date and the Exploration Costs or Mine Costs incurred to the end of the penultimate month preceding the month of the invoice.