ADJUSTMENTS AND VERIFICATION. 7.1 Payment of any Net Profits by the Royaltypayor shall not prejudice the right of the Royaltypayor to adjust the statement supporting the payment; provided, however, that all statements presented to the Royaltyholder by the Royaltypayor for any quarter shall conclusively be presumed to be true and correct upon the expiration of 12 months following the end of the quarter to which the statement relates, unless within that 12 month period the Royaltypayor gives notice to the Royaltyholder making claim on the Royaltyholder for an adjustment to the statement.
ADJUSTMENTS AND VERIFICATION. 3.01 Payment of any Net Smelter Returns by Royaltypayor shall not prejudice the right of Royaltypayor to adjust any statement supporting the payment; provided, however, that all statements presented to the Royaltyholder by Royaltypayor for any quarter shall conclusively be presumed to be true and correct upon the expiration of 12 months following the end of the quarter to which the statement relates, unless within that 12-month period Royaltypayor gives notice to the Royaltyholder claiming an adjustment to the statement which will be reflected in subsequent payment of Net Smelter Returns.
ADJUSTMENTS AND VERIFICATION. 4.01 Payment of any Net Proceeds of Production by a Participant shall not prejudice the right of that Participant to adjust its own statement supporting the payment; provided, however, that all statements presented to the non-Participant by that Participant for any quarter shall conclusively be presumed to be true and correct upon the expiration of 12 months following the end of the quarter to which the statement relates, unless within that 12 month period that Participant gives notice to the non-Participant making claim on the non-Participant for an adjustment to the statement which will be reflected in subsequent payment of Net Proceeds of Production.
ADJUSTMENTS AND VERIFICATION. 4.01 The records relating to the calculation of Net Smelter Returns payments shall be audited annually at the end of each fiscal year of Parkside:
ADJUSTMENTS AND VERIFICATION. 4.1 Payment of any Net Smelter Return by the Purchaser shall not prejudice the right of the Purchaser to adjust any statement supporting the payment, provided, however, that all statements presented to Grandview by the Purchaser for any quarter shall conclusively be presumed to be true and correct upon the expiration of 12 months following the end of the quarter to which the statement relates, unless within that 12-month period the Purchaser gives written notice to Grandview claiming an adjustment to the statement which shall be reflected in a subsequent payment of Net Smelter Return.
ADJUSTMENTS AND VERIFICATION. 3.1 Payment of any Operator’s Bonus shall not prejudice the right of Sunburst de Mexico to adjust its own statement supporting the payment; provided, however, that all statements presented to the Operator for any quarter shall conclusively be presumed to be true and correct upon the expiration of 3 months following the end of the quarter to which the statement relates, unless within that 3 month period Sunburst de Mexico gives notice to the Operator making claim on an adjustment to the statement which will be reflected in subsequent payment of the Operator’s Bonus.
ADJUSTMENTS AND VERIFICATION. 11.1 Payment of any Net Proceeds of Production shall not prejudice the right of the J.V. Company to adjust its own statement supporting the payment; provided, however, that all statements presented to the non-Participant by the J.V. Company for any quarter shall conclusively be presumed to be true and correct upon the expiration of 12 months following the end of the quarter to which the statement relates, unless within that 12 month period the J.V. Company gives notice to the non-Participant making claim on the non-Participant for an adjustment to the statement which will be reflected in subsequent payment of Net Proceeds of Production.
ADJUSTMENTS AND VERIFICATION. 4.01 Payment of any Net Proceed of Production by a Participant shall not prejudice the right of that Participant to adjust the statement supporting the payment. However all statements presented to the Royaltyholder by that Participant for any quarter shall conclusively be presumed to be true and correct upon the expiration of 12 months following the end of the quarter to which the statement relates, unless within that 1 month period that Participant gives notice to the Royaltyholder claiming for an adjustment to the statement. The adjustment will be reflected in subsequent payment of Net Proceeds of Production.
ADJUSTMENTS AND VERIFICATION a) Payment of the Production Royalty by the Assignee shall not prejudice the right of the Assignee to adjust any statement supporting the payment; provided. however, that all statements presented to the Assignor by the Assignee for any Calendar Quarter shall conclusively be presumed to be true and correct upon the expiration of 12 months following the end of the Calendar Quarter to which the statement relates, unless within that 12- month period the Assignee gives notice to the Assignor claiming an adjustment to the statement which will be reflected in subsequent payment of the Production Royalty to the Assignor.
ADJUSTMENTS AND VERIFICATION. 3.1 Payment of any Net Smelter Returns by a Party shall not prejudice the right of that Party to adjust any statement supporting the payment; provided, however, that all statements presented to the royaltyholder by a Party for any quarter shall conclusively be presumed to be true and correct upon the expiration of 12 months following the end of the quarter to which the statement relates, unless within that 12-month period that Party gives notice to the royaltyholder claiming an adjustment to the statement which will be reflected in subsequent payment of Net Smelter Returns.
