Common use of Accounts and Reporting Clause in Contracts

Accounts and Reporting. 5.10.1 Each of the JV Group Companies shall maintain complete and accurate records and accounting books prepared and maintained in accordance with the Accounting Principles and as directed by the Board. 5.10.2 The JV Company shall prepare and distribute to the Parties monthly, quarterly and annual financial statements of the JV Group. The financial statements shall be based on the Accounting Principles and shall be in such form as set out in Exhibit 5.3.3 (b), or as is otherwise determined by the Board or as may be reasonably requested by a Party. The annual financial statements of the JV Group shall be distributed to the Parties within the end of the first quarter during the subsequent financial year and the quarterly accounts shall be distributed to the Parties at the latest within ten (10) Business Days from the end of the relevant quarter.

Accounts and Reporting. 5.10.1 Each of the 5.1. The JV Group Companies Company shall maintain complete and accurate records and accounting books prepared and maintained in accordance with the Accounting Principles and as directed by the Board. 5.10.2 5.2. The JV Company shall prepare and distribute to the Parties monthly, quarterly Shareholders monthly and annual financial statements of the JV GroupCompany. The financial statements shall be based on the Accounting Principles and shall be in such form as set out in Exhibit 5.3.3 (b5.3.3(b), or as is otherwise determined by the Board or as may be reasonably requested by a PartyShareholder. The annual financial statements of the JV Group Company shall be distributed to the Parties Shareholders within the end of the first quarter during the subsequent financial year and the quarterly accounts shall be distributed to the Parties Shareholders at the latest within ten (10) Business Days from the end of the relevant quarter.