Common use of Accounting Experts Clause in Contracts

Accounting Experts. If the disagreement concerns an accounting matter, it will be submitted to the opinion of experts who will be certified public accountants, appointed as follows: one appointed by each party, and the third by the two principal experts. Should the two experts fail to agree, and at the petition of either party, the third expert will be appointed by the Junta Central de Contadores de Bogotá (Bogotá’s Board of Public Accountants). Once the experts have been appointed, the procedure will be similar to that stipulated in the preceding Subsection.

Appears in 3 contracts

Samples: Exploration and Production Contract, Exploration and Production Contract (GeoPark LTD), Exploration and Production Contract (GeoPark Holdings LTD)

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Accounting Experts. If the disagreement concerns is an accounting matter, it will be submitted to the opinion of experts who will be certified qualified public accountants, appointed as follows: one appointed by each party, and the third by the two principal experts. Should the two experts fail to agree, and at the petition of either party, the third expert will be appointed by the Junta Central de Contadores de Bogotá (Bogotá’s Colombia´s Board of Public Accountants)) in Bogota. Once the experts have been appointed, the procedure will be similar to that stipulated in sub-paragraphs (a) to (e) of the preceding Subsectionparagraph.

Appears in 1 contract

Samples: Exploration and Exploitation Contract (Harken Energy Corp)

Accounting Experts. If the disagreement concerns is an accounting matter, it will be submitted to the opinion of experts who will be certified qualified public accountants, appointed as follows: one appointed by each party, and the third by the two principal experts. Should the two experts fail to agree, and at the petition of either party, the third expert will be appointed by the Junta Central de Contadores de Bogotá (Bogotá’s Colombia´s Board of Public Accountants)) in Bogota. Once the experts have been appointed, the procedure will be similar to that stipulated in steps (a) to (d) in the preceding Subsection.

Appears in 1 contract

Samples: Exploration and Exploitation Contract

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Accounting Experts. If the disagreement concerns is an accounting matter, it will be submitted to the opinion of experts who will be certified qualified public accountants, appointed as follows: one appointed by each party, and the third by the two principal experts. Should the two experts fail to agree, and at the petition of either party, the third expert will be appointed by the Junta Central de Contadores de Bogotá (BogotáColombia’s Board of Public Accountants)) in Bogotá. Once the experts have been appointed, the procedure will be similar to that stipulated in sub-paragraphs (a) to (d) of the preceding Subsectionparagraph.

Appears in 1 contract

Samples: Technical Evaluation Agreement (Harken Energy Corp)

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