Submission of Value of Production and Pricing Statement Sample Clauses

The 'Submission of Value of Production and Pricing Statement' clause requires a party, typically a producer or seller, to provide detailed reports on the value and pricing of goods or resources produced under an agreement. In practice, this means the party must regularly submit statements or documentation outlining quantities produced, sales prices, and any relevant calculations or supporting data. This clause ensures transparency and accountability in financial dealings, allowing the other party to verify payments, royalties, or compliance with contractual terms.
Submission of Value of Production and Pricing Statement. The Value of Production and Pricing Statement for each Quarter shall be submitted to the Designated Authority not later than twenty one (21) days after the end of such Quarter.
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Submission of Value of Production and Pricing Statement. The Value of Production and Pricing Statement for each Quarter shall be submitted to ANPM not later than twenty-one (21) Days after the end of such Quarter.
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Submission of Value of Production and Pricing Statement. The Value of Production and Pricing Statement for each Quarter shall be submitted to the Designated Authority not later than twenty one (21) days after the end of such Quarter. Clause 7 Cost Recovery Statement
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Submission of Value of Production and Pricing Statement. The Value of Production and Pricing Statement for each Quarter shall be submitted to the Ministry and the Agency not later than thirty (30) days after the end of such Quarter. SUPPLEMENT E: FORM OF PARENT COMPANY GUARANTEE Applicant: (Investor) Beneficiary: Ministry of Environment and Energy ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ of Croatia (hereinafter "Ministry") In consideration of your having contracted by way of an Production Sharing Agreement for exploration and exploitation of hydrocarbons in the Exploration Block (insert Exploration Block name) dated............................ (hereinafter called “the Agreement”) with (Investor), a company formed and existing in accordance with the laws of the _______________ (hereinafter called “the Investor”) for the execution of the Minimum Work Obligations (“The Obligations”) as identified in accordance with Article 5. of the Agreement, the value of which for purposes of this Bank Guarantee is calculated in accordance with Article 15. of the Agreement at EUR............................ (in words: ............................ Euro) and since it being a condition of the Agreement that a Bank Guarantee equal to thirty percent (30%) of the total amount to be spent with respect to Phase (insert Phase number depending on the Phase for which Bank Guarantee is issued) of the Exploration Period, as determined by the Agreement (the “Applicable Term”), we hereby issue our Bank Guarantee no. (insert number). We, (insert bank name and address) (hereinafter Called "the Guarantor"), waiving all objections and defenses under the aforesaid Agreement, hereby irrevocably, unconditionally and independently guarantee to pay to you without delay on first written demand any amount claimed by you up to the extent of EUR ............................ (in words: ............................Euro) (“Maximum Guaranteed Value“) based on your written demand stating that the Investor has refused or failed to perform the Obligations with respect to the Applicable Term as set out in Article 5. of the Agreement, in accordance with its provisions. The Maximum Guaranteed Value shall reduce on presentation to the Guarantor of a certificate from the Ministry confirming that the relevant Bank Guarantee may be reduced and confirming the revised Maximum Guaranteed Value. It is understood that any change, modification, addition or amendment, which may be made to the terms and conditions of the Agreement or to the payment to be made on account thereof ...
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Related to Submission of Value of Production and Pricing Statement

  • Monthly Billing Statements The Engineer shall request reimbursement of costs incurred by submitting the original and one copy of an itemized billing statement in a form acceptable to the State. The Engineer is authorized to submit requests for reimbursement no more frequently than monthly and no later than ninety (90) days after costs are incurred.

  • Billing Statement The billing statement shall show the work authorization number for each work authorization included in the billing, the total amount earned to the date of submission, and the amount due and payable as of the date of the current billing statement for each work authorization. The billing statement shall indicate if the work has been completed or if the billing is for partial completion of the work. The fixed fee will be paid in proportion to the percentage of work completed per work authorizations.

  • BILLING STATEMENTS 8.1 Condition 22.4 (Contents of Billing Statement) of the Conditions shall be amended so that Condition 22.4(I) is deleted and replaced by the following provisions:

  • SUBMISSION OF THE MONTHLY MI REPORT 4.1 The completed MI Report shall be completed electronically and returned to the Authority by uploading the electronic MI Report computer file to MISO in accordance with the instructions provided in MISO. 4.2 The Authority reserves the right (acting reasonably) to specify that the MI Report be submitted by the Supplier using an alternative communication to that specified in paragraph 4.1 above such as email. The Supplier agrees to comply with any such instructions provided they do not materially increase the burden on the Supplier.

  • SUBMISSION OF REPORTS All applicable study reports shall be submitted in preliminary form for approval by the State before a final report is issued. The State's comments on the Engineer's preliminary report must be addressed in the final report.